Cuba's Fidel Castro: A timeline

November 26, 2016

Cuban revolutionary Fidel Castro passed away on Saturday. Here is a look at his life and work in Cuba.

CubaBIRTH DATE: Officially listed as Aug. 13, 1926, in Cuba's Oriente province, although some say Castro was born a year later.

TITLES: Former president of Council of State and Council of Ministers, first secretary of Communist Party of Cuba, commander in chief of Cuba's Revolutionary Armed Forces. Before resigning Feb. 19, 2008, he was the world's longest-ruling head of government, and leader of one of world's last five communist states. Had been off public stage for year and half after provisionally ceding power to his brother Raul following emergency intestinal surgery.

EDUCATION: Attended Roman Catholic schools and University of Havana, where he earned law and social science degrees.

FAMILY: Married Mirta Diaz-Balart in 1948; son, Fidel Felix Castro Diaz-Balart, born in 1949; divorced in 1955. Although Castro never confirmed remarrying, reportedly wed former schoolteacher Dalia Soto del Valle and had five sons. Also reportedly had several other children out of wedlock.

QUOTE: “Homeland or death! Socialism or death! We shall overcome!”

July 26, 1953: Launched his revolutionary fight by attacking military barracks in eastern city of Santiago. Was arrested, later freed under amnesty deal. Travelled to Mexico to form a rebel army, and returned to Cuba with followers aboard small yacht. Most were killed or captured, but Castro and a small group escaped into eastern mountain strongholds

Jan. 1, 1959 Castro's rebels take power as dictator Fulgencio Batista flees Cuba.

June 1960 Cuba nationalises U.S.-owned oil refineries after they refuse to process Soviet oil. Nearly all other U.S. businesses expropriated by October.

October 1960 Washington bans exports to Cuba, other than food and medicine.

April 16, 1961 Castro declares Cuba socialist state.

April 17, 1961 Bay of Pigs: CIA-backed Cuban exiles stage failed invasion.

Feb, 7, 1962 Washington bans all Cuban imports.

October 1962 U.S. blockade forces removal of Soviet nuclear missiles from Cuba. U.S. President John F. Kennedy agrees privately not to invade Cuba.

March 1968 Castro's government takes over almost all private businesses.

April 1980 Mariel boatlift: Cuba says anyone can leave; some 125,000 Cubans flee.

December 1991 Collapse of Soviet Union devastates Cuban economy.

August 1994 Castro declares he will not stop Cubans trying to leave; some 40,000 take to sea heading for United States.

March 18, 2003 75 Cuban dissidents sentenced to prison.

July 31, 2006 Castro announces has had operation, temporarily cedes power to brother Raul.

Feb. 19, 2008 Castro resigns as president.

July 2010 Castro re-emerges after years in seclusion, visiting a scientific institute, giving a TV interview, talking to academics and even taking in a dolphin show at the aquarium.

April 19, 2011 Castro is replaced by his brother Raul as first secretary of the Communist Party, the last official post he held. The elder Castro made a brief appearance at the Congress, looking frail as a young aide guided him to his seat.

April 19, 2016 Castro delivers a valedictory speech at the Communist Party's seventh Congress, declaring that “soon I'll be like all the others. The time will come for all of us, but the ideas of the Cuban Communists will remain.”

November 25, 2016 Fidel Castro dies

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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Agencies
July 4,2020

The Mars Colour Camera (MCC) onboard ISRO's Mars Orbiter Mission has captured the image of Phobos, the closest and biggest moon of Mars.

The image was taken on July 1 when MOM was about 7,200 km from Mars and 4,200 km from Phobos.

"Spatial resolution of the image is 210 m.

This is a composite image generated from 6 MCC frames and has been color corrected," ISRO said in an update along with the image.

Phobos is largely believed to be made up of carbonaceous chondrites.

According to ISRO, "the violent phase that Phobos has encountered is seen in the large section gouged out from a past collision (Stickney crater) and bouncing ejecta."

"Stickney, the largest crater on Phobos along with the other craters (Shklovsky, Roche & Grildrig) are also seen in this image," it said.

The mission also known as Mangalyaan was initially meant to last six months, but subsequently ISRO had said it had enough fuel for it to last "many years."

The country had on September 24, 2014 successfully placed the Mars Orbiter Mission spacecraft in orbit around the red planet, in its very first attempt, thus breaking into an elite club.

ISRO had launched the spacecraft on its nine-month- long odyssey on a homegrown PSLV rocket from Sriharikota in Andhra Pradesh on November 5, 2013.

It had escaped the earth's gravitational field on December 1, 2013.

The Rs 450-crore MOM mission aims at studying the Martian surface and mineral composition as well as scan its atmosphere for methane (an indicator of life on Mars).

The Mars Orbiter has five scientific instruments - Lyman Alpha Photometer (LAP), Methane Sensor for Mars (MSM), Mars Exospheric Neutral Composition Analyser (MENCA), Mars Colour Camera (MCC) and Thermal Infrared Imaging Spectrometer

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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