1. Nation remembers Rajiv Gandhi on his martyrdom day today
i. Nation on Wednesday remembered Former Prime Minister Rajiv Gandhi on his death anniversary with leaders paying homage at his memorial in New Delhi.
ii. President Pranab Mukherjee, Vice President Hamid Ansari, and Congress President Sonia Gandhi paid tribute at Virbumi in New Delhi on Wednesday.
iii. Rajiv Gandhi was the ninth Prime Minister of the country. He was also the youngest Prime Minister of the country.
iv. He was appointed at the age of 40. His martyrdom day is also commemorated as Anti terrorism day.
v. The proponent of Modern India and the former Prime Minister of India, Rajiv Gandhi was born on 20th August, 1944.
vi. He was the first in the country, giving priority to the use of technology and also emphasised on the use of computers.
2. Facebook to acquire virtual reality technology firm Oculus VR
i. Facebook decided to acquire two year old virtual reality technology firm Oculus VR for 2 billion dollar. As per the analyst, virtual reality technology could be a new way for people to communicate, learn or be entertained.
ii. The deal includes 400 million dollar in cash and 23.1 million shares worth about 1.6 billion dollar. Oculus employees are also eligible for an additional 300 million dollar if the company achieves certain targets.
iii. Oculus VR founded by Palmer Luckey develops virtual-reality glasses for gaming. Oculus VR Inc. had developed the Oculus Rift, a virtual reality headset which received a lot of attention from video game developers. The headsets cover a user’s eyes and create an immersive world that reacts to turning one’s head or moving back and forth.
iv. Oculus VR raised 75 million dollar in December 2013 to market its virtual-reality headset for video games and develop the product for use in areas like education, film, architecture and design.
3. Sant Chatwal pleads guilty to US polls laws breach
i. Indian-American hotelier Sant Singh Chatwal on Thursday pleaded guilty at a court in New York to violating federal election laws by using straw donors to secretly funnel money to political campaigns and will pay a million dollars to the US as part of his plea agreement.
ii. Chatwal admitted that he used straw donors to secretly funnel money to political campaigns so that he could gain access to the politicians, and he coerced another person to hide his crime," said acting US Assistant Attorney General David O'Neil.
iii. Chatwal, 70, had raised at least $100,000 for former secretary of state Hillary Rodham Clinton's 2008 presidential campaign against Barack Obama.
iv. "Chatwal's scheme sought to subvert the very purpose of the Election Act. Chatwal then rolled the dice to stymie the government's investigation, thinking he could corruptly convince witnesses to his federal election crimes to stay silent. That gamble did not pay off," said US Attorney Loretta Lynch.
v. The Washington Post said Chatwal faces a maximum of nearly six years in prison when he is sentenced on July 31. He is free on a $750,000 bond secured by property in Manhattan.
4. New Delhi-Teheran to expand economic cooperation and increase joint investment
i. Iranian Deputy Economy Minister Behrouz Alishiri has said that Teheran is looking forward to expand economic cooperation and increase joint investment with India, especially by private sectors of two countries.
ii. Karbasian, who is also the Deputy Minister of Industries, Mines and Trade, said Tata group could work with Iran on joint investment in steel and mining sectors. He also pointed out that the Indian company could also work on lead, zinc, coal, coke, aluminum and titanium projects.
i. Nation on Wednesday remembered Former Prime Minister Rajiv Gandhi on his death anniversary with leaders paying homage at his memorial in New Delhi.
ii. President Pranab Mukherjee, Vice President Hamid Ansari, and Congress President Sonia Gandhi paid tribute at Virbumi in New Delhi on Wednesday.
iii. Rajiv Gandhi was the ninth Prime Minister of the country. He was also the youngest Prime Minister of the country.
iv. He was appointed at the age of 40. His martyrdom day is also commemorated as Anti terrorism day.
v. The proponent of Modern India and the former Prime Minister of India, Rajiv Gandhi was born on 20th August, 1944.
vi. He was the first in the country, giving priority to the use of technology and also emphasised on the use of computers.
2. Facebook to acquire virtual reality technology firm Oculus VR
i. Facebook decided to acquire two year old virtual reality technology firm Oculus VR for 2 billion dollar. As per the analyst, virtual reality technology could be a new way for people to communicate, learn or be entertained.
ii. The deal includes 400 million dollar in cash and 23.1 million shares worth about 1.6 billion dollar. Oculus employees are also eligible for an additional 300 million dollar if the company achieves certain targets.
iii. Oculus VR founded by Palmer Luckey develops virtual-reality glasses for gaming. Oculus VR Inc. had developed the Oculus Rift, a virtual reality headset which received a lot of attention from video game developers. The headsets cover a user’s eyes and create an immersive world that reacts to turning one’s head or moving back and forth.
iv. Oculus VR raised 75 million dollar in December 2013 to market its virtual-reality headset for video games and develop the product for use in areas like education, film, architecture and design.
3. Sant Chatwal pleads guilty to US polls laws breach
i. Indian-American hotelier Sant Singh Chatwal on Thursday pleaded guilty at a court in New York to violating federal election laws by using straw donors to secretly funnel money to political campaigns and will pay a million dollars to the US as part of his plea agreement.
ii. Chatwal admitted that he used straw donors to secretly funnel money to political campaigns so that he could gain access to the politicians, and he coerced another person to hide his crime," said acting US Assistant Attorney General David O'Neil.
iii. Chatwal, 70, had raised at least $100,000 for former secretary of state Hillary Rodham Clinton's 2008 presidential campaign against Barack Obama.
iv. "Chatwal's scheme sought to subvert the very purpose of the Election Act. Chatwal then rolled the dice to stymie the government's investigation, thinking he could corruptly convince witnesses to his federal election crimes to stay silent. That gamble did not pay off," said US Attorney Loretta Lynch.
v. The Washington Post said Chatwal faces a maximum of nearly six years in prison when he is sentenced on July 31. He is free on a $750,000 bond secured by property in Manhattan.
4. New Delhi-Teheran to expand economic cooperation and increase joint investment
i. Iranian Deputy Economy Minister Behrouz Alishiri has said that Teheran is looking forward to expand economic cooperation and increase joint investment with India, especially by private sectors of two countries.
ii. Karbasian, who is also the Deputy Minister of Industries, Mines and Trade, said Tata group could work with Iran on joint investment in steel and mining sectors. He also pointed out that the Indian company could also work on lead, zinc, coal, coke, aluminum and titanium projects.
