Awards Current Affairs

Awards and Honours in Current Affairs 2019 with latest winners of various awards in India and world. Current Affairs list of awards and prize won in India and world for 2019.

Kiran Mazumdar Shaw: EY World Entrepreneur of the year

On June 5, 2020, Kiran Mazumdar Shaw was named the EY World Entrepreneur of the year 2020.

Highlights

She was selected among 46 other entrepreneurs from 41 countries.

Kiran is the second woman to win the award after Olivia Lum of Hyflux, Singapore. She is also the third Indian to win the award after Uday Kotak of Kotak Mahindra in 2014 and Narayana Murthy of Infosys in 2005.

About Kiran

Kiran founded Biocon in 1978. It is a bio-enzymes company. The company began its journey with just two employees and an investment of 500 USD. Today, the company has grown with more than 11,000 people and also has become one of the strongest innovation driven biotech companies in Asia.

Why is she being honoured with the award?

She is being presented with the award for her contribution in improving universal access to affordable life saving medicines.

It is to be noted that in September 2019, Biocon announced that the company will supply rh-insulin at less than 10 USD per day to patients taking 40 units per day. The company has in the last 15 years supplied more than 2 billion affordable doses of insulins (biosimilar insulins).

Biosimilar medicines

The Biosimilar medicine is an identical copy of an original product that was manufactured by another company. They are allowed to be manufactured when the patent of the original product expires. Biosimilars help to bring down the prices of medicines greatly.

Abel Prize, 2020 to Hillel Frustenberg and Gregory Margulis

The Norwegian Academy of Science is to award the Abel Prize for the year 2020 to the two great mathematicians Hillel Frustenberg and Gregory Margulis. They are being honoured for their work towards probability and dynamics in number theory, combinatorics and Group Theory.

Hillel Frustenberg

He is an American-Israeli mathematician at Hebrew University of Jerusalem. He was born in Germany. His family escaped to the US before the outbreak of Second World War. An additive number theory has been named after him as Frustenberg-Sarkozy theorem. He has also won the Wolf Prize in Mathematics

Gregory Margulis

He is a Russian-American mathematician. He is known for his works on lattices. He has received the Fields medal, wolf prize and the Able prize becoming the fifth person to receive all the three prizes.

Abel Prize

The Abel Prize is a Norwegian prize that is being presented annually by the King of Norway. Every Abel Prize recipient is awarded with 7.5 million Norwegian Kroner.