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Important Current Affairs 10th May 2020

National

ICMR, Bharat Biotech tie up to develop a fully indigenous vaccine

• The Indian Council of Medical Research (ICMR) has partnered with Bharat Biotech International Limited to develop India’s first fully indigenous vaccine. Bharat Biotech is a Hyderabad-based leading Vaccine manufacturing company.

• The Indian vaccine will be developed using the virus strain, which has been isolated at ICMR's National Institute of Virology (NIV), Pune. The details of the virus strain have been successfully transferred from NIV to Bharat Biotech.

Vista Equity Partners Buys 2.32% Stake in Jio Platforms for Rs 11,367 Crore

• US-based private equity firm Vista Equity Partners has become the third company to buy a stake in billionaire Mukesh Ambani’s digital unit, Jio Platforms.

• It has bought 2.32 percent stake for Rs 11,367 crore in the company.

• This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Banking and Economy

Mahindra & Mahindra launches digital sales platform ‘Own-Online’

• Mahindra & Mahindra Ltd has announced the launch of an online vehicle ownership platform named “Own-Online’.

• The portal will offer an end-to-end sales experience for prospective buyers. It will also help customers to finance, insure, exchange, accessorize, and own a Mahindra vehicle from home.

Obituary

KFH Tournament founder Pandanda Kuttappa passes away

• Founder of Kodava Family Hockey Tournament, Pandanda Kuttappa passed away. Kuttappa conceived the idea of Kodava family hockey festival in 1997.

• He was a former State Bank of India employee and an ex-first division hockey referee, Pandanda Kuttappa has bestowed the Karnataka Rajyothsava award in 2015.

Days

Nation celebrates 480th birth anniversary of MaharanaPratap

• Nation celebrates 480th birth anniversary of Maharana Pratap on 9 May. He was Born on 9 May 1540. To honour of the brave king, Maharana Pratap Jayanti is celebrated every year on 9 May.

• Pratap Singh I, popularly known as Maharana Pratap, was born to King Udai Singh II and Queen JaiwantaBai of Mewar. Udai Singh II died in 1572 in Gogunda and following his death, Maharana Pratap ascended the throne on 1 March 1572.

Books and Authors

Book titled “Fear of God” authored by Vadhan

• A book titled “Fear of God” has been authored by Bommadevara Sai Chandravadhan. He is popularly known as Vadhan.

• It is a book based on the lack of respect or fear of law in India.

• This is Vadhan’s third novel after “Agniputr: When Agni First Spoke” and “Shatru”.

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