** Microsoft names CEO Satya Nadella as chairman

Microsoft Corp on Wednesday, June 16, 2021, named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson.

Mr. Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn , Nuance Communications and ZeniMax.

** Centre opens 14 disability early intervention centres

The facility will povide support to infants and young children at risk of or with disabilities.

The Union Social Justice and Empowerment (SJE) Ministry on Thursday launched 14 cross disability early intervention centres across the country to provide support to infants and young children at risk of or with disabilities.

** ₹498 cr. for Innovations for Defence Excellence challenge approved

It will support nearly 300 start-ups, MSMEs and individual innovators

Defence Minister Rajnath Singh has approved the budgetary support of ₹498.8 crore to Innovations for Defence Excellence (iDEX) challenge under the Defence Innovation Organisation (DIO) for the next five years. The iDEX framework and establishment of the DIO by the Department of Defence Production (DDP) is aimed at promoting innovation and indigenisation in the aerospace and defence sector at the start-up level.

** GST Council cuts tax rate on COVID-19 essentials

Council largely agrees to go ahead with GoM’s recommendations

The Goods and Services Tax (GST) has been waived for two critical drugs against COVID-19 and black fungus, Tocilizumab and Amphotericin B, while tax rates have been reduced to 5% on 14 major pandemic relief goods, including testing kits and hand sanitisers, from prevailing rates in the range of 12% and 18%.   

Ambulances, which are currently taxed at 28%, will now attract a GST levy of 12%, Finance Minister Nirmala Sitharaman said on Saturday, announcing these concessional rates following a meeting of the GST Council to discuss the indirect taxes levied on COVID-19 supplies.   

** CCMB scientists discover new enzyme for cell stability

CCMB scientists led by Manjula Reddy studied the cell wall biology of a well-studied strain of E. coli using genetic and biochemical approaches to identify ‘LdtF’ which could cleave the lipoprotein from the peptidoglycan. Absence of this LdtF enhanced growth defects and increased the peptidoglycan-lipoprotein linkages in the bacteria.

** IISc-Bangalore top research institute in world, reveals ranking

The ranking body found that Indian universities have improved their research impact as 17 of India’s 35 top universities have seen a rise in CPF scores, while 12 have witnessed a drop.

** Ajman: Thumbay Hospital crosses 4 million patient visits from 175 nationalities

Thumbay Hospital, the first academic hospital established by Thumbay Group under its healthcare division, celebrated with joy of crossing treatment of 4 million patient visits from 175 nationalities, Dr Thumbay Moideen, founder president said, “It was a great achievement by our team of healthcare professionals who have put all their efforts to serve the community.