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December 5 , 2019
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- The Asian Development Bank (ADB) has agreed to advance a loan of US $206 million to develop water supply and sewerage infrastructure in Tiruchi, Ambur, Tiruppur, and Vellore and other cities in Tamil Nadu.
- It will also strengthen the capacities of Urban Local Bodies (ULBs) for improved service delivery.
- The Indian navy plans to set up a Tupolev TU-142 aircraft museum in Kolkata. The TU-142 is a Russian and formerly Soviet Union manufactured maritime reconnaissance and anti-submarine aircraft.
- King Carl XVI Gustaf and Queen Silvia of Sweden have arrived in India on an official visit to Delhi, Mumbai and will also visit Uttrakhand.
- Google co-founders Larry Page and Sergey Brin have announced that they are stepping down from the leadership role of the parent company “Alphabet”.
- Google CEO Indian-American Sundar Pichai will be assuming the role of Alphabet CEO.
- The Ministry of Corporate Affairs has launched the Independent Directors Databank in accordance with the provisions of the Companies Act, 2013.
- Independent Directors have an important role in ensuring good corporate governance practices at companies.
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