1. Prince Harry Named President of African Conservation Group

Prince Harry has been named the president of African Parks, a conservation group that manages a dozen wildlife areas across the continent.

The “influential role” played by Prince Harry will contribute to its effort to protect Africa’s natural heritage and support both wildlife and communities, who live in and around conservation areas, reported Sputnik.

2. G Rajesham Goud to head Telangana State Finance Commission

The Telangana government has constituted State Finance Commission with former minister G Rajesham Goud as its chairman.

The Government has constituted Telangana State Finance Commission. Former Minister G Rajesham Goud is appointed as Chairman.

3. NC Goel appointed new Chief Secretary of Rajasthan

Senior IAS officer N C Goel was appointed the new Chief Secretary of Rajasthan.  Goel, a 1982-batch IAS officer, earlier held the charge of Additional Chief Secretary of Forest and Environment, Tourism, Art and Culture Department, Mines and Petroleum departments.

4. Haryana govt to open academy for labourers

The Haryana government would open an academy for training labourers engaged in construction work so that they could get better employment opportunities.

The labourers will be trained to become carpenters, plumbers, painters, electricians etc.

5. Haryana govt launches scheme for vegetable growers

The Haryana government has launched ‘Bhavantar Bharpayee Yojana’ in which tomato, onion, potato and cauliflower have been included for assuring farmers of fair prices for their produce and emphasising on diversification of crops.

The state government would compensate the difference in price when prices in market will go below the mentioned prices.

6. India Ranks 5th in List of Countries with Highest NPA Levels

India has the highest level of non-performing assets (NPA) among BRICS countries and is ranked fifth on a list of countries with the highest levels of NPAs, a report by CARE Ratings.

The only countries ranked higher than India on the list are Greece, Italy, Portugal, and Ireland. All these countries, along with Spain, are commonly referred to as PIIGS, and have been victims of sovereign debt crises in recent years.

7. Dena Bank gets Rs 243 crore from govt

State-run Dena Bank has received capital infusion of Rs 243 crore from the government. The bank has on December 29 received infusion of Rs 243 crore from the Government of India, towards contribution of central government in the preferential allotment of equity shares.

The amount has been kept as share application money and would be issued after necessary approval/permissions.

The government had on October 24 unveiled a Rs 2.11 lakh crore two-year roadmap for strengthening NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support and equity dilution.

8. Bank of India gets Rs 2,257 crore from govt

State-run Bank of India has received capital infusion of Rs 2,257 crore from the government.

The bank has on December 29 received infusion of Rs 2257 crore from the Government of India, in form of Common Equity Tier-1 Capital, which is being kept as Share Application money and would be alloted after due procedure/conditions for allotment.

9. Allahabad Bank ties up with NeSL

Allahabad Bank has entered into an agreement with state-run National e-Governance Services Limited (NeSL) for utilizing the latter’s Information Utility Services envisaged under the Insolvency and Bankruptcy Code, 2016.

NeSL, owned by the government, is the first Information Utility entity registered by Insolvency and bankruptcy Board of India under IBBI (IU) Regulations, 2017.

10. IndoSolar board okays 20.7 cr shares allotment to Union Bank

IndoSolar has approved allotment of 20.70 crore preference shares to Union Bank of India (UBI) against part of settlement amount pursuant to the “One Time Settlement Scheme”.

The board has alloted 52,05,499 equity shares of Rs 10 each issued at par of the company to Greenlite Lighting Corporation, a promoter group.

11. KKR Gets RBI Nod to Start India’s 1st Foreign-Owned ARC

US buyout giant KKR & Co has become the first foreign investor to fully own an asset reconstruction company (ARC) in India as it received approval from the Reserve Bank of India at a time when lenders are fighting with a pile of bad loans that have crippled their businesses.

KKR, one of the most aggressive investors in financial services, plans to deploy a major chunk from its record Asia fund for buying troubled assets in the country .