Current Affairs 5th April 2019

Current Affairs 5th April 2019 - Important Points

• 5G networks in South Korea on - 5th April 2019
• Centre for Cellular and Molecular Biology revealed a -New enzyme
• Reliance Jio acquired -  Haptik
• UAE honours PM Narendra Modi with -Zayed Medal

Current Affairs 5th April 2019 - Details

5G networks in South Korea on - 5th April 2019

South Korea will release world’s 1st 5G mobile networks on April 5th, 2019. It would be a transformational  jump that already has United States and China sparring for control of an innovation that could possibly change the day-to-day lives of billions of individuals.
The superfast communications possessed by 5th Generation wireless technology will ultimately support everything from toasters to telephones; from electric cars to power grids.
Significant Highlights

• Hyper-wired South Korea had a reputation for technical competence, and Seoul has made the 5G rollout a precedence as it pursues to stimulate stuttering economic development.
• The system will bring smartphones near-instantaneous connectivity, which is 20 times faster than current 4G service, permitting users to download complete movies in less than a second.
• In the same way that 3G enabled extensive mobile web access and 4G made new applications effective ranging from social media to food apps, 5G will herald a new level of connectivity, vested by speed.
• All 3 of South Korea's mobile operators, KT, SK Telecom and LG UPlus, will perform live with their 5G services 1st in the world.
• Japan is also anticipated to roll out a limited deployment in 2019 before complete services begin in time for next year's Tokyo Olympics.

Centre for Cellular and Molecular Biology revealed a -New enzyme

Researchers at the Centre for Cellular and Molecular Biology- CCMB, have revealed a new enzyme which assists in bacterial cell wall cracking and hence, offers a potential for a new drug delivery way to arrest the anti-bacterial resistance.
Dr.Manjula Reddy headed the team at the Centre for Cellular and Molecular Biology. They have revealed a new enzyme termed as “scissors enzyme”.
Significant findings

• Dr.Manjula Reddy and her team revealed that by blocking “scissors enzyme” from functioning, new
  ways to approach microbes could be discovered, leading to a new wave of antibiotic medicine.
• Other bacteria, too, have the same enzyme working on cell division due to the fact that the cell
  wall is fundamental for bacterial growth and division.
• The new enzyme possesses a potential for a new medicine delivery route to capture the anti-
  bacterial resistance via current antibiotic medicines.
• It opens up fresh ways to target microbes, leading to a new wave of antibiotic medicines.
• The further step is to find out the molecule of the enzyme endo-pepcidine and it has to be trailed by the drug trials to unknot a new combination of medicines to replace current antibiotics though it is difficult to forecast a time frame.

UAE honours PM Narendra Modi with -Zayed Medal

The UAE on April 4th, 2019 facilitated Prime Minister Narendra Modi with its highest decoration, Zayed Medal in gratitude of his ‘pivotal role’ in firming relations between the both nations.
The Zayed Medal is the highest decoration of the United Arab Emirates awarded to kings, presidents and  head of states.
The prestigious honour has previously been presented to the leaders of various nations including
Russian President Vladimir Putin, Chinese President Xi Jinping, and Queen of the UK Elizabeth II.
India-UAE bilateral ties

• India-United Arab Emirates bilateral ties grew warm and robust after PM Modi visited the nation in 2015.
• Later, the Crown Prince paid his visit to India in 2017 as the Chief Guest for Republic Day celebrations in New Delhi.
• Lately, the visit of the Prime Minister Modi to United Arab Emirates in February 2018 assisted in
  providing impetus to the ties. During the visit, both sides set an aspiring target of USD 100 billion in
  bilateral business by the year 2020.
• India and United Arab Emirates are one of the largest business partners for each other and have made robust investments bilaterally with bilateral business amounting to almost USD 50 billion in 2017.
• The United Arab Emirates accounts for 8% of India's oil imports and is the 5th largest supplier of crude oil to India.
• The country is also a part of the International Solar Alliance, which is HQ in Gurugram, India and hosts a 3.3 million-strong Indian community, which totals to the largest number of Indians outside India.

Reliance Jio acquired -  Haptik

India’s telecom corporation Reliance Jio has attained chatbot making start-up Haptik freshly. In the Rupees 700 crores deal, Rupees 230 crores will be paid for business transfer and Rupees 470 crore will be spent towards expansion. Reliance Jio attained 87 percent share in Haptik. Haptik Co-founders Aakrit Vaish and  Swapan Rajdev and employees will have a minority share in Reliance Jio.
Highlights of the deal

• Haptik has entered a planned partnership with Reliance Industries, via its subsidiary Reliance Jio Digital Services Ltd.
• The total transaction size, including primary capital investment, is around Rupees 700 Crores, with Rupees 230 crores as the consideration for the initial business transfer from Haptik to Reliance Jio.
• The Haptik team will endure to drive the expansion of the business, including the enterprise platform as well as digital consumer supporters.
• On a fully diluted basis, Reliance Jio will grasp around 87 percent share in the corporation, with the rest with Haptik’s founders and employees.

More about Haptik

• Chatbot making start-up Haptik was born in 2013. Aakrit Vaish and Swapan Rajdev are co-founders.
• For more than half a decade Haptik was at the forefront of the Conversational AI revolution in India.
• This platform has cumulatively handled more than 2 billion conversations to date.
• Apart from Reliance Jio, Times Internet assimilated a majority share in the corporation and invested USD 11.2 million into the business.
• Haptik app is a chat-based personal assistant permitting users to make reminders, book a cab/flight
  tickets, recharge phones, paying utility bills, find places in their vicinity/web check-ins.