DAILY CA: 01 , 02 FEB 2022
1.
INDIA’S FIRST GEO PARK IN MADHYA PRADESH
·
The
Geological Survey of India (GSI), Ministry of Mines, approved the setting up of
India’s 1st geopark at Lamheta village, on the banks of the Narmada river in
Jabalpur, Madhya Pradesh (MP).
·
A
geopark is a unified area that protects the geological heritage and promotes
sustainable, well-being of the people living in that area.
·
This
geopark to be formed in MP is already in the United Nations Educational,
Scientific and Cultural Organisation (UNESCO) geo-heritage tentative list for
the conservation of the natural heritage.
·
Several
dinosaur fossils had been found in the Narmada valley, particularly in the
Bhedaghat-Lameta Ghat area of Jabalpur, MP.
2.
CHENNAI SUPER KINGS BECOMES INDIA’S 1ST UNICORN SPORTS
ENTERPRISE
·
Four-time
Indian Premier League (IPL) winners Chennai Super Kings (CSK), has become the
country’s 1st sports Unicorn with its market cap having touched a high of Rs
7,600 crores and its share in the grey market trading in the Rs 210-225 price
band.
·
Currently,
CSK has a market cap more than its parent entity, India Cements.
·
CVC
Capital acquired the rights for the Ahmedabad franchise for Rs 5,625 crore and
the Sanjiv Goenka-led RPSG (RP-Sanjiv Goenka) Group bought the Lucknow
franchise (Lucknow Super Giants) for Rs 7,090 crore.
·
Unicorns
are privately held
start-up companies having a valuation of more than USD 1 billion.
·
Currently,
India has the 3rd largest number of Unicorns in the world. As per the Global
Unicorn Index 2021 report released by the Hurun Research Institute, India ranked
at 3rd (by adding 33 ‘unicorns’ in 2020) by displacing the United Kingdom (UK)
to the 4th spot.