Monisha Kaltenborn of Indian origin became the First Woman Team Principal in Formula one after taking the hold of team Sauber, a swiss Formula one team.
Monisha took the place of Peter Sauber, the founder of the Sauber team, who stepped down from the position.

Former India cricketer and captain Anil Kumble was appointed as the new head of the International Cricket Council's (ICC) cricket committee. He replaced former West Indies captain Clive Lloyd. 
About ICC Cricket Committee
it is a 16-member committee which meets twice a year to consult on playing matters and offer suggestions to the ICC on technical aspects and rules of the sport.

Leander Paes and Radek Stepanek defeated the Indian duo of Mahesh Bhupathi and Rohan Bopanna to win the ATP Shanghai Masters men's doubles tennis title at Shanghai, China.

Poet-writer Chandrashekar Kambar has been conferred with the Jnanpith Award. The award was given to him in recognition to his contributions to Kannada literature.

The award:

The Jnanpith Award is a literary award. It is one of the two most prestigious literary honours in the country, the other one is Sahitya Akademi Fellowship. The award was instituted in 1961.

Who is eligible for the honor?

Any Indian citizen who writes in any of the official languages of India is eligible for the award. The award is presented by the Bharatiya Jnanpith, a trust founded by the Sahu Jain family, the publishers of the The Times of India newspaper.

Alvin Roth and Lloyd Shapley of U.S. have been awarded the Nobel economics prize for studies on the match-making that takes place when doctors are coupled up with hospitals; students with schools; and human organs with transplant recipients.

As per Royal Swedish Academy of Sciences, their research has sparked a “flourishing field of research” and helped improve the performance of many markets.

What is their research?

This Prize has been given to them “for the theory of stable allocations and the practice of market design”. The work is concerned with the best possible way to allocate resources, such as in school admissions or organs to patients who need transplants. It was a form of economic engineering, designing markets for situations where traditional market mechanisms based on price are not applicable or do not work well. Matching is a fundamental property of many markets and social institutions. For eg. matching jobs to workers, husbands to wives, doctors to hospitals, kidneys to patients etc.