1. Famous Bollywood music composer Bappi Lahiri passes away
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Legendary Bollywood music composer, singer and pioneer of disco, Bappi Lahiri passed away at Midnight on 15 February 2022 in a Mumbai hospital. He was 69.
Bappi Lahiri was born on November 27, 1952 in Calcutta (now Kolkata), West Bengal.
His first major hit film was Zakhmee. He was best known for his works in Wardat, Disco Dancer, Namak Halaal, Dance Dance, Commando, Saheb, Gang Leader, Sailaab, Sharaabi among others. He was very popular in the 1980s and 1990s for his music compositions.
His last Bollywood song Bankas was for the film Baaghi 3 released in 2020.
His last on screen appearance was with Salman Khan on Big Boss 15, where he promoted grandson Swasti's new song Baccha Party.
Awards won by Bappi Lahiri
Filmfare Lifetime achievement award 2018.
Filmfare best Music Director Award for the film Sharabi in 1985.
Mirchi Music award 2012 for best Item song of the year:“Oh la la” for the film Dirty Picture.
2. Justice M N Bhandari sworn in as the new Chief Justice of Madras High Court
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Justice M N Bhandari was sworn in as the Chief Justice of Madras High Court by the Tamil Nadu Governor R.N. Ravi on 14 February 2022. He was administered the oath of office by the state governor, R.N.Ravi
Madras High Court is the third oldest High Court in India .
Madras High court is the High Court of Tamil Nadu and Union Territory of Puducherry .
Fact files
High Courts in India were set up under the High Court act 1861 ,passed by the British Parliament for India .
The first High Court to be set up in India was the Calcutta High Court or the High Court of Judicature at Fort William. It started functioning from 1st July, 1862.
The second High Court in India was the Bombay High Court which started functioning from 14 August 1862 .
The third High Court in India was the Madras High Court which started functioning from 15 August 1862 .
There are 25 High Courts in India .
Important Points
The Chief Justice of a High Court is appointed by the President of India in consultation with the Chief Justice of India and the Governor of the state, under article 217 of the Indian constitution.
Under article 219 of the constitution oath to the Chief Justice of the High Court or the judge of the High Court is administered by the State Governor or by a person appointed by the Governor.
3. Mehmet İlker Aycı to take charge of Air India
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Tata Sons has appointed former Turkish Airlines chairman Mehmet Ilker Ayci as the Chief Executive Officer (CEO) and Managing Director (MD) of Air India.
Mehmet Ilker Ayci will take charge of Air India on or before 1 April 2022.
Mehmet Ilker Ayci is a Turkish businessman.
Tata Sons
It is the holding company of the Tata group of companies like TCS, TaTa Steel ,Tata Motors,Tata Finance, etc.
Chairman of the Tata Sons : N. Chandrasekaran
Air India Disinvestment
On 25 October 2021, Government of India signed an agreement with Tata Group for selling off its entire 100% share in Air India to Talace Pvt Ltd, a wholly owned subsidiary of Tata Sons.
The deal was of Rs 18,000 crore of which Tata will pay Rs 2,700 crore to the government and Tata will take over the Rs 15,300 crore of the Air India debt.
On 27 January 2022,Air India was formally taken over by the Tatas from the Government of India.
Air India finally returned to Tata after almost 69 years .
Air India and Tata Group
Air India was founded by JRD Tata in 1932 as Tata Airlines .
It was converted into a public company and named Air India in 1946 .
In 1953 the Nehru Government nationalised all the private airlines in India and created Indian Airlines for domestic operations and Air India for International operations .
Later both Indian Airlines and Air India were merged and finally Air India was created in 2010.
4. Ishan Kishan the highest priced player at the IPL 2022
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Wicket- keeper batsman Ishan Kishan was bought by Mumbai India for Rs 15.25 crores. He became the highest priced player for the 15th Indian Premier League (IPL) 2022. Deepak Chahar was the second highest priced player and he was bought by Chennai Super Kings for Rs 14 Crore.
Fact Files
Chris Morris of South Africa , holds the record for being the highest priced player in IPL when Rajasthan Royals bought him for Rs 16.25 crores in the IPL 2021.
The highest priced Indian player is Yuvraj singh . He was bought by Delhi Daredevils (now Delhi Capitals) for the IPL 2015 season for Rs. 16 crore.
The IPL 2022 will see the participation of ten teams . The two new teams are
Lucknow Super Giants and Gujarat Titans.
The other teams are :Mumbai Indians, Rajasthan Royals, Delhi Capitals, Punjab Kings ,Kolkata Knight Riders ,Chennai Super Kings , Royal Challengers Bangalore ,Sunrisers Hyderabad ,
Indian Premier League (IPL),
IPL is a twenty-twenty overs professional cricket league organized by Board of Control for Cricket in India (BCCI) that was started in India in 2008.
The first season was won by Rajasthan Royals in 2008.
The 14th Season of IPL 2021 was held in the United Arab Emirates which was won by Chennai Super King .
Mumbai Indians is the most successful team in the IPL. It has won the titles 5 times(2013, 2015, 2017, 2019 and 2020) while the second most successful team is Chennai Super King which has won it 4 times(2010, 2011, 2018, and 2021).
5. Ramkumar Ramnathan win Bengaluru Tennis double’s title
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Ramkumar Ramnathan won the third doubles title of the year when he and Saket Mayeni won the Bengaluru Open ATP Challenger tennis title at Bengaluru.
The Indian Tennis player defeated the French pair of Hugo Grenier and Alexandre Muller in straight sets .
Men Singles title
Chun-hsin Tseng of Chinese Taipei (also known as Taiwan ) defeated Croatian Borna Gojo in straight sets.
6. President unveils the Statue of Swarna Ramanujacharya
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President Ramnath Kovind visited Srirama Nagaram in Muchintal ,Hyderabad, Telangana on 13 February 2022. He inaugurated the 120-kg statue of Sri Ramanujacharya made of gold as part of the Sriramanuja Sahastrabdi Samaroh, marking the 1,000 years of the birth of the saint poet at Muchintal in Telangana.
Srirama Nagaram is a place in Muchintal, Hyderabad where 108 Vaishnavite shrines have been set up along with the Statue of Equality.
Statue of Equality was Inaugurated by the Prime Minister Narendra Modi on 5 February 2022. (For Statue of Equality kindly see 5 February 2022 post)
Important for Exam
Place :
Srirama Nagaram: It is a temple complex in Muchintal, Hyderabad.
7. Debashis Mitra elected as the new President of ICAI
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Chartered Accountant , Dr. Debashis Mitra, has been elected as the President of The Institute of Chartered Accountants of India (ICAI) for the year 2022-23.
Sunil Talati was elected as the Vice-President of the ICAI .
ICAI
The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949.
It was set up on 1 July 1949.
The ICAI is the second largest professional body of Chartered Accountants in the world after the American Institute of Certified Public Accountants(AICPA).
It is the regulator of the Chartered Accountancy profession in India .
It comes under the administrative control of the Ministry of Corporate Affairs ,Government of India .
Headquarters : New Delhi
8. Famous Industrialist Rahul Bajaj no more
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Noted Industrialist and grandson of noted Gandhian Jamna Lal Bajaj died at the age of 83 in Mumbai on 12 February 2022.
He was the former chairman of the Bajaj group which included Bajaj Auto, Bajaj Finserv . and Bajaj Holdings & Investment. Bajaj scooter “Chetak” was once a household name in India.
He was also a member of the Rajya Sabha from 2006 to 2010.
Rahul Bajaj was awarded with the third-highest civilian award, Padma Bhushan in 2001.
9. Trekker R Babu rescued after nearly 48 hours
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- Trekker R.Babu was rescued by the mountaineering team of the Indian Army Southern Command on 9 February 2022, after he was trapped in a cleft on a hill in Kerala’s Palakkad district
- R.Babu who along with his friends went on a trekking trip to climb the Kurumbachi hillock in Malampuzha’s Cherad hill . He slipped off a cliff and was stranded in a steep gorge for around 48 hours before being rescued by the army team.
Terms
Hillocks :
It is also called Knoll .It is a land surface that is smaller than a hill and usually is separated from a large hill.
Hill
According to NCERT , A hill is a land surface that rises higher than the surrounding area having an elevation up to 600 metres.
Mountain
Generally, a steep hill with an elevation of more than 600 metres is termed as a mountain.
Gorge
It is a steep narrow valley between two hills or mountains.
10. Ravi Mittal take charge as the new Chairman of IBBI
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- Ravi Mittal took over the charge as the Chairman of the Insolvency and Bankruptcy Board of India (IBBI) on 9 February 2022.
- The post of the Chairman was vacant when the first Chairman of the IBBI, MS Sahoo completed his five year term on 30 September 2021.
IBBI
The Insolvency and Bankruptcy Board of India was set up by the Government of India on 1st October, 2016 under the Insolvency and Bankruptcy Code, 2016.
It is the main body which implements the code related to insolvency of companies ,firms etc in India .
Headquarters of IBBI: New Delhi
Full form for exam
IBBI : Insolvency and Bankruptcy Board of India
- IBC : Insolvency and Bankruptcy Code
