Daily GK Update 08th September 2017

1. International Literacy Day: 8th September

i. The 51st International Literacy Day is being celebrated on 8th September at Vigyan Bhawan, New Delhi. The theme announced by UNESCO is `Literacy in a digital world.

ii. On this day, in the year 1965, the World Congress of Ministers of Education met in Tehran for the first time to discuss the program of education at the international level.  The UNESCO in its 14th Session in November 1966, declared 8th September as the International Literacy Day.

Important Takeaways from Above News-

• UNESCO stands for United Nations Educational Scientific and Cultural Organization.
• Irina Bokova is the Present Director-General of UNESCO.

2. Airtel Arm Launches ‘GST Advantage’ for SMEs

i. Airtel Business, the B2B arm of telecom major Bharti Airtel, has launched Airtel GST Advantage - a solution designed to enable small businesses and start-ups to file their GST returns “accurately, securely and seamlessly.”

ii. Launched in partnership with ClearTax, Airtel GST Advantage is being offered free to all existing Airtel Business customers. Airtel GST Advantage offers a three-pronged solution to customers, they can get free and secure access to the GST Network via Clear Tax

Important Takeaways from Above News-

• Ashok Ganapathy is the Director & CEO of Airtel Business.

3. Amazon's Largest Fulfilment Center in Hyderabad

i. Amazon opened its largest fulfillment center in India on the outskirts of Hyderabad, near the Rajiv Gandhi International Airport, Shamshabad.

ii. The 400,000 sq feet center with close of 2.1 million cubic feet of storage space is the 5th such centre in Telangana. With this, the US major has ramped up its storage capacity to 3.2 million cubic feet in the State alone.

Important Takeaways from Above News-

• Jeff Bezos was the Founder of Amazon.
• Amazon is an e-commerce company based in the USA.

4. Nestle Sets up First Food Safety Institute in India

i. The new FSSAI CEO Pawan Kumar Agarwal inaugurated the Nestle Food Safety Institute in Manesar, Gurugram. It will provide guidance and training on food safety. 

ii. The FSSAI has been working with Nestle India for setting up the institute at Manesar. While this is the first such institute in India, Nestle already runs a similar Institute each in China and Lausanne, Switzerland.

Important Takeaways from Above News-

• FSSAI banned Nestle India Ltd’s Maggi instant noodles over health and safety worries.

5. India and Sri Lanka Begin Joint Naval Exercise SLINEX 2017

i. Indian Navy and Sri Lankan Navy has begun the 2017 Sri Lanka-India Exercise (SLINEX) at Visakhapatnam, Andhra Pradesh. The exercise will conclude on till 14 September 2017. SLINEX 17 aims at reinforcing strong neighborly ties between both countries underscored by extensive maritime interaction and improved understanding.

ii. The exercise will commence with a Harbour Phase, during which, the participants will engage in professional, cultural and social interactions.

Important Takeaways from Above News-

• SLINEX series of bilateral maritime exercises was initiated in 2005.

6. ICICI Lombard Gets SEBI Nod for IPO

i. ICICI Lombard General Insurance Company has got capital markets regulator SEBI's go-ahead for its estimated Rs 6,000 crore initial public offer (IPO).

ii. ICICI Lombard is a joint venture between ICICI Bank and Canada-based Fairfax Financial Holdings Ltd. 

Important Takeaways from Above News-

• Ajay Tyagi is the Present Chairman of SEBI.
• SEBI was set up on 12th April 1988.

7. Viveck Goenka Elected New PTI Chairman

i. Viveck Goenka, Chairman and Managing Director of the Express Group was elected Chairman of Press Trust of India, the country’s largest news agency.

ii. Mr. Goenka succeeds Riyad Mathew, who is Senior Assistant Editor and a member of the Manorama management.  N. Ravi, former Editor-in-Chief of The Hindu has been elected as the Vice Chairman of PTI. Mr. Ravi succeeds Mr. Goenka as Vice Chairman.

8. Ashish Kashyap Resigns as President and Co-founder of MakeMyTrip

i. Ashish Kashyap resigned as the President and Co-founder of MakeMyTrip with effect from 30 September 2017. As per the settlement agreement, Kashyap will be under non-solicitation and non-competition obligation for the next two years.

ii. Kashyap had assumed the role of President and Co-founder after MakeMyTrip acquired Ibibo Group in October 2016. Kashyap was earlier designated as the Chief Executive Officer of the Ibibo Group.

Important Takeaways from Above News-

• Leading online travel company was founded in the year 2000 by Deep Kalra.