Some Persons in News :

Margaret Alva:

Margaret Alva sworn in as the 19^th Governor of Rajasthan. She is the 3^rd woman Governor of the state after Ms. Pratibha Devisingh Patil and Ms. Prabha Rao, who had served earlier.

Rahul Khullar:

• Commerce Secretary Rahul Khullar appointed the new chairman of the Telecom Regulatory Authority of India (TRAI).

Eduardo Saverin:

Co-founder of Facebook Inc.

Before an IPO that values the social networking site Facebook at as much as $96 billion, the billionaire co-founder of Facebook Inc. Eduardo Saverin renounced his US citizenship.

The move may decrease his tax bill. Saverin’s stake is 4%, as per the website Who Owns Facebook. At the high-end of the IPO valuation, that would be worth about $3.84 billion. His holdings aren’t listed in Facebook’s regulatory filings.

Saverin, joins a growing number of people giving up US citizenship, a move that can cut their tax liabilities in US. Saverin lately found it more useful to become a resident of Singapore.

Francois Hollande:

• Mr. Francois Hollande sworn in as President of France. 
• Became the First Socialist in 17 years to occupy the Elysee Palace.

Rekha:

Cine superstar Rekha took oath as a member of the Rajya Sabha. 

Month: Current Affairs - May, 2012