Employment News 7 November 2013

Employment News 7 November 2013

J&K Bank reappoints Mushtaq Ahmed as Chairman & CEO

Jammu and Kashmir Bank has reappointed Mushtaq Ahmad as its Chairman and CEO for a period of another three years.

Ahmed’s term with the private sector bank ended on October 6 this year. He has been the Chairman and CEO of the bank since October 2010.

The Reserve Bank of India conveyed its approval to the reappointment of Mushtaq Ahmad as Chairman and CEO of the bank for a period of three years with effect from expiry of his present term on October 6, 2013, the bank has informed the Bombay Stock Exchange.

LIC Housing appoints new MD & CEO

LIC Housing Finance Ltd has appointed Sunita Sharma as Managing Director and CEO with effect from November 5, 2013.

Prior to this, Sunita was Executive Director of Investments at Life Insurance Corporation and was looking after the areas of equity research and risk management.

She takes over from the incumbent MD & CEO, V.K. Sharma.

Nirupama Rao bids farewell to her diplomatic career

Nirupama Rao, Indian envoy to the US, bid farewell to her career of diplomacy, as members of the American diplomatic corps and her counterparts from countries like China and Brazil gathered at a reception hosted in her honour by the State Department. 

Rao, 62, served as India's Foreign Secretary, External Affairs Ministry's spokesperson and envoy to important countries like China and Sri Lanka in four decades as a diplomat.

US Secretary of State John Kerry sent a special message to Rao which was read on the occasion. He appreciated Rao's role in strengthening the important partnership between India and the US.

Rao is one of the few diplomats who has over 190,000 followers on the microblogging site.

At the reception, she was described as "tireless champion" of Indo-US Strategic Partnership and 

Rao will be succeeded by S Jaishankar, currently India's Ambassador to China.

Mahatma Gandhi's Charkha was sold for £110000 at UK Auction

Charkha of Mahatma Gandhi that he used in Yerwada Jail during the Quit India Movement was auctioned in UK on 5 November 2013 for £110000 (1.1 crore rupees approximately) at England.

The charkha of Mahatma Gandhi is about eight decades old.  

His last/final will was also auctioned over £20000 (19 lakh rupees approximately) for historical documents and artefacts by the Mullock’s Auction house in Shropshire, England.

The Charkha made by Indian teak was gifted by Mahatma Gandhi to Revd Floyd A Puffer, an American Free Methodist missionary in 1935. Whereas.

His will was written at Sabarmati Ashram in Gujarati. The will succeeded the will dated 1921 that was sold at an earlier auction by Mullock's.

The name of the buyer was kept secret by the buyer. 

Pakistan Successfully Test Fired Surface-to-Surface Missile Hatf IX (Nasr)

Pakistan on 5 November 2013 successfully test-fired Hatf IX (Nasr) missile, a surface-to-surface missile with a range of 60 km.

The test fire was conducted with successive launches of 4 x missiles (Salvo) from a state of the art multi tube launcher.

Nasr, with a range of 60 Kilometer and in-flight maneuver capability is a quick response system, with shoot and scoot attributes. It contributes to the full spectrum deterrence against threats in view of evolving scenarios.

Facts related to Hatf IX (Nasr) • Nasr is designed specifically to defeat Anti-Tactical Missile Defence Systems of all kinds.
• The test firing of short range surface-to-surface missile Hatf IX (Nasr) was a part of medium-range ballistic missiles [MRBM] and short-range surface-to-surface ballistic missile [SRBMs].
• The missile has the capability to carry nuclear weapons.

Mark Schwarzer, Australia Goalkeeper Retired from International Football

Australia goalkeeper Mark Schwarzer on 6 November 2013 announced his retirement from international football.

Mark Schwarzer (41 years old) represented Australia at international level on 109 occasions since his debut in 1993, and one of the key players in qualifying for three consecutive World Cups.

Mark Schwarzer is the key player in Socceroos team (Australia National football team) for twenty years. 

Mark played in Australia's 6-0 loss to Brazil in his last match for the national team in September 2013