- Balraj Joshi appointed as new NHPC chairman
Balraj Joshi was appointed the chairman-cum-managing director (CMD) of NHPC Ltd, the country’s premier hydro power utility.
Joshi is at present director (technical) in the organisation. The appointments committee of the Cabinet has approved his appointment to the post till 31 December, 2019, i.e. the date of his superannuation.
- People First’ Mobile App Launched in Andhra Pradesh
Andhra Pradesh Chief Minister N. Chandrababu Naidu has released ‘People First’ mobile application for grievance redressal at the Collectors’ conference in Vijayawada.
Charring a Collectors’ Conference, Chandrababu Naidu said that under this application, people of Andhra Pradesh can dial 1100 to register complaints about government services and schemes.
- Govt launches campaign to sensitise women about cancer
Union minister Anupriya Patel has launched a nationwide health campaign to sensitise women about the early screening and the preventive care for cancer.
Themed ‘Nurturing the Nurturer’, the campaign was launched by FICCI Ladies Organisation (FLO) in partnership with the Apollo Hospitals group.
The minister of state for health said the increasing cases of cancer in women, especially breast and cervical cancers, were a “matter of concern”.
- Dabur India joins hand with Amazon for ayurveda marketplace
Homegrown FMCG major Dabur India has tied up with e-commerce major Amazon for an online ayurveda marketplace which will house all ayurvedic brands and products of the country.
The company, which will also offer consumers an insight into various ayurvedic medicines for treating a variety of ailments, said the idea is to service all health and personal care related needs.
- NSE to auction investment limits for govt bonds worth Rs 2,800 cr
The National Stock Exchange (NSE) has said it will auction investment limits for overseas investors for the purchase of government bonds worth close to Rs 2,800 crore.
The auction will be conducted on NSE’s e-bid platform from 3.30 pm to 5.30 pm after the close of market hours, the exchange said in a circular.
The auction quota gives overseas investors the right to invest in debt up to the stipulated limit.
- Birla Group to wind up e-com venture
Aditya Birla Group will shut down its online shopping portal Abof.com by the end of this year, weighed down by intense competition from the sector giants Amazon and Flipkart.
Launched in October 2015, Abof.com has portfolio across clothing, footwear and accessories besides a collection of the group’s own brands like Allen Solly and Peter England, among others.
- West Bengal gets $300 million ADB loan to carry forward fiscal reforms
Multilateral funding agency ADB has sanctioned a USD 300 million loan facility for carrying forward fiscal reforms in West Bengal.
The board of Asian Development Bank (ADB) approved a loan of USD 300 million to continue a comprehensive series of fiscal reforms in West Bengal to bring about more accessible, affordable, and high quality public services.
- SBI launches Indian bond index series in London
State Bank of India (SBI) has launched the FTSE SBI Bond Index series in partnership with global index provider FTSE 100, which it is hoped will give tools to investors from India, the UK and globally to analyse India’s government bond market, and drive growth in this market.
With the launch of this index along with FTSE Russell, our intention is to give people a benchmark on which they can make investment calls.
- SBI tops trust and popularity charts
State Bank of India (SBI) is India’s most trusted and most popular bank according to a survey conducted by Brand Finance, a business valuation and strategic consultancy headquartered in London.
On the trust charts, SBI is followed by HDFC Bank and Central Bank of India whereas on the popularity charts, ICICI Bank and HDFC Bank take the second and third spots respectively.
- Indian Navy gets its first Scorpene class submarine ‘Kalvari’
The first of the Scorpene class submarines, Kalvari, was delivered to the Indian Navy by Mazagon Dock Shipbuilders Limited (MDL). The submarine will soon be commissioned into the Indian Navy.
Marking a “generational shift” in submarine operations, Scorpene submarines can undertake varied missions such as anti-surface and anti-submarine warfare, intelligence gathering and mine laying.
- India gets its first high horse power locomotive from France
Indias dream for high horse power locomotive moved closer to reality with the arrival of the first bodyshell of 12000 HP loco from Alstom France at Kolkata port.
This first-of-its-kind high-power electric locomotive will be used to haul freight trains at twice the existing speed by next year.
The bodyshell for the fleet of the twin-section electric locomotives which Alstom is to supply to Indian Railways was unloaded at Haldia, ready for delivery to the factory at Madhepura where it will be assembled.
- India and Russia to Build Rooppur plant in Bangladesh
India is collaborating with Russia on its first ever abroad atomic venture. The mission is to build the Rooppur nuclear power plant in Bangladesh. It will be the debut initiative under an India-Russia nuclear deal. The deal is to undertake atomic energy projects in third countries.
About the project:
The Rooppur Nuclear project will be Bangladesh’s first atomic energy project
Two reactors of 1200 MWs each will be built with Russia’s help near Dhaka
Bangladesh will become third South Asian country after India and Pakistan to harness atomic energy for energy purpose after the completion of the project.
- FIFA Women’s World Cup 2019 Slogan: “Dare To Shine”
The official emblem and slogan for FIFA Women’s World Cup France 2019 were unveiled in the Musee de l’Homme
The emblem features the competition trophy wrapped in blue and white, with eight shards of light around football at the top of the trophy symbolizing the eighth edition of the FIFA Women’s World Cup.
The slogan of the tournament “Dare To Shine” reflects the development of football, especially women’s football.
FIFA President Gianni Infantino and French Football Federation (FFF) President Noel le Graet attended the unveiling event, joined by French women’s national football team.
- World’s richest woman Liliane Bettencourt dies aged 94
L’Oreal heiress Liliane Bettencourt, the world’s richest woman whose old age was clouded by dementia, has died at the age of 94.
Bettencourt, the cosmetics giant’s principal shareholder, was the 14th richest person in the world, according to Forbes magazine, which estimated her net worth in March at $39.5 billion (33 billion euros).