Employment News 23 January 2014, Asian Development Bank

Indian origin academician Rakesh Khurana has been appointed dean of the prestigious Harvard College from july

Khurana is the Marvin Bower Professor of Leadership Development at Harvard Business School (HBS), as the professor of sociology in the Faculty of Arts and Sciences (FAS).

Mr Khurana succeeds Evelynn Hammonds, professor of African and African American Studies, who stepped down last June after completing her five-year term. He will assume the role on July 1.

Mr Khurana completed bachelors from Cornell University.

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Asian Development Bank (ADB) has provided $400 million first tranche line of credit to India Infrastructure Finance Company Ltd (IIFCL) to help accelerate infrastructure growth through increased private sector investment.

State-owned IIFCL will have two years to utilise this limit and the line of credit would be used to advance direct loans as well as take-out bank loans.

The loan was signed by Nilaya Mitash, Joint Secretary in the Finance Ministry, and Narahari Rao, Officer-in-charge of ADB’s India Resident Mission. Sanjeev Ghai, Chief General Manager, IIFCL.

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The book called Resurgent India: Glimpses of Rajiv Gandhi's Vision of India' was launched by Vice President Hamid Ansari in Delhi.

The book, 'Resurgent India's author and former Lok Sabha Secretary General P.D.T Acharya

The main aim of 'Resurgent India' is an objective evaluation of Rajiv Gandhi's contributions to the nation. 

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Sudhir Mahato (58), the former Deputy Chief Minister of Jharkhand died.

He is a leader of the Jharkhand Mukti Morcha.

He has been a member of Legislative Assembly of Bihar Assembly and Jharkhand Assembly from 1995 and 2005

In 2005 he was Deputy Chief Minister Jharkhand and as well as Industry Minister Jharkhand

In Sports he was the President cum Chairman of Jharkhand Cricket Academy –

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Minister of Mines, Dinsha Patel launched the Advanced Light Helicopter named Garuda Vasudha of Geological Survey of India from the Hindustan Aeronautics Ltd (HAL), Bangalore.

The Garuda Vasudha a Dhruv category built by HAL dedicated to the nation worth of 42 crore.

Garuda Vasudha is used for extensive surveys by the GSI for locating hidden mineral health.

Remote Sensing and Aerial Survey Wing of Geological Survey of India will be using both the aerial and heliborne survey together to locate mineral resources which will fulfill the rising demands.

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Spain's Real Madrid get the title of the world's richest soccer club.

In the past year sponsorship and TV deals robust enough to endure a season without a major trophy.