Current Affairs - May 27, 2024 Current Affairs

The Great Indian Bustard, a critically endangered species, was discovered in substantial numbers during the waterhole census in the National Desert Park, Jaisalmer, Rajasthan. This finding underscores the importance of conservation measures to protect this majestic bird species from further decline.

Arti, an 18-year-old woman from Uttar Pradesh's Bahraich district, received the Amal Clooney Women's Empowerment Award from King Charles III. This recognition celebrates her inspiring work as an e-rickshaw driver and her efforts in empowering other young women in her community through initiatives like the Pink E-rickshaw scheme.

The inauguration of a new plant near Dhaka by an Indian Pharma giant, Sun Pharma, underscores Bangladesh's growing significance in the pharmaceutical industry. With an annual production capacity of over 1 billion, this development highlights the expanding collaboration between India and Bangladesh in the pharmaceutical sector, showcasing Bangladesh's emergence as a key destination for generic drug manufacturing and India's contribution to meeting its API demand.

Shahid Afridi, Yuvraj Singh, Usain Bolt and Chris Gayle are all noted as brand ambassadors for the ICC Men’s T20 World Cup, Virender Sehwag not in the context. Afridi's appointment as a brand ambassador is particularly fitting due to his significant contributions to T20 cricket and his past achievements in the sport.

Microsoft has introduced 'Copilot+' PCs, which boast advanced AI capabilities and a distinctive 'Recall' function that tracks and stores user activities locally. These PCs aim to compete with offerings from other tech giants like Alphabet and Apple, marking Microsoft's commitment to innovation in the personal computing space.

Jyoti Ratre, the entrepreneur and fitness enthusiast who became the oldest Indian woman to conquer Mount Everest, is from Madhya Pradesh. Her remarkable achievement highlights the spirit of determination and resilience, inspiring others to pursue their dreams relentlessly.

Google's investment of $350 million in Flipkart, as part of a larger funding round, aims to support Flipkart's expansion and technological advancements. This strategic move highlights Google's interest in the e-commerce sector and its commitment to supporting businesses in India.

Tata Group will acquire full control of Tata Play by purchasing Disney's 30% stake, valuing the company at $1 billion. This transaction aligns with Tata Group's strategy of expanding its presence in the media industry and consolidating its ownership of Tata Play.

Tata Consultancy Services has signed a deal with Kuwait’s Burgan Bank to modernize its core banking technology using the TCS BaNCS suite. This strategic partnership aims to enhance operational efficiency and customer experience for Burgan Bank across its corporate, retail, and private banking segments.

The penalty of Rs 3.1 lakh imposed by the RBI for violating fair practices code provisions was on Hero FinCorp. Despite its response and participation in the hearing, the RBI found the charges against the company substantiated, resulting in a penalty.