26 December Current Affairs 2023 in English

26 December Current Affairs 2023

26 December Current Affairs 2023 refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 26 December Current Affairs 2023 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 26 December Current Affairs 2023 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.

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26 December Current Affairs 2023 also provides students with insights into various issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 26 December Current Affairs 2023 helps students ace their exams and prepares them for their future roles as responsible and well-informed citizens of society.

CCI Clears Alpha Alternatives Group Stake Purchase In Dilip Buildcon

Fair trade regulator Competition Commission of India has granted approval to Alpha Alternatives Group for the acquisition of a 10% stake in Dilip Buildcon.

The transaction involves the acquisition of 9.99% of the equity stake in DBL by way of subscription to warrants by Alpha Alternatives Holdings Pvt Ltd, and its other entities.

Ravneet Kaur is the current Chairperson of CCI.

JSPL Tie-Up With RINL To Secure Supply Of Liquid Steel To Upcoming Angul Plant

Jindal Steel Power Ltd said its partnership with Rashtriya Ispat Nigam Ltd will ensure the supply of liquid steel to its upcoming hot strip mill at Angul in Odisha.

JSPL said it has entered into a memorandum of understanding (MoU) with RINL for the operationalization of the latter’s blast furnace-3 (BF-3).

Angola quits OPEC over oil production quotas disagreement

Angola says it will leave the Organization of the Petroleum Exporting Countries (OPEC) over a disagreement regarding production quotas, a move that will bring the group down to 12 members.

Angola, which first joined OPEC in 2007, has struggled to meet production quotas over the past several years. The country is joining others, such as Qatar and Ecuador, that have left OPEC.

Blackstone To Buy 80% Of Sony Payment Unit For $280 Million

Blackstone Inc. will take a majority stake in a payment service provider under Sony Group Corp. for about $280 million.

Sony Group also operates a financial services business which includes Sony Bank and its subsidiary Sony Payment.

Sony Bank will keep a 20% minority stake in the payment business, which is valued in total at 50 billion yen ($350 million).

North East SFB Appoints Satish Kumar Kalra As Interim CEO

North East Small Finance Bank has appointed Satish Kumar Kalra as its interim managing director and CEO.

Kalra’s appointment has also received approval from the Reserve Bank of India, apart from the Guwahati-based bank’s board.

The RBI has approved the merger of fintech startup Slice and North East Small Finance Bank Ltd. to ensure financial inclusion.

IndusInd Bank Launches ‘eSvarna’, India’s First Corporate Credit Card On RuPay Network

IndusInd Bank announced the launch of ‘IndusInd Bank eSvarna’, India’s first Corporate Credit Card on the RuPay network.

This launch positions IndusInd Bank as the first in the country to integrate UPI functionality with a Corporate Credit Card.

The IndusInd Bank eSvarna credit card on the RuPay network comes with an array of exclusive perks and rewards.

Bharat Electronics Secures ₹445 Cr Deal For UP Dial 112 Project

Navratna DPSU BEL has signed a contract for a value of ₹445 Cr with the UP Government for the next-generation UP Dial 112 project, the company announced through an exchange filing.

BEL will be providing comprehensive and state-of-the-art hardware, AI-based software tools, and cybersecurity solutions for the Dial 112 project, which is spread across the entire state of UP.

Coca-Cola extends its partnership with ICC till 2031

The Coca-Cola Company and International Cricket Council (ICC) have signed an agreement at the latter’s headquarters extending the partnership till the end of 2031, becoming a brand having the longest association with the cricket body.

In 2019, the Atlanta-based beverage major entered into a four-year partnership with ICC covering major events.

Govt extends zero import duty & agri-cess exemption on masur till March 2025

The government has extended the current effective zero import duty on masur dal (lentil) till March 2025 to ensure a steady supply of the key pulse from the international market and keep domestic prices under check.

However, the government has not extended the current import duty structure on three crude edible oils — palm oil, soyabean oil, and sunflower oil.

Ola Electric files IPO papers with SEBI; the first by an auto company in 20 years

Ola Electric filed preliminary papers with capital markets regulator SEBI to raise funds through an initial public offering (IPO)– the 1st issue by an automaker in India in more than 20 years.

The proposed IPO is a fresh issue of equity shares up to Rs 5,500 crore and an offer for sale (OFS) of 95,191,195 equity shares, according to the draft red herring prospectus (DRHP).

World Bank and Economic Affairs launch PPP Beginner’s e-course in infrastructure capacity-building

The PPP e-course is an infra-focused capacity-building program jointly undertaken by the Infrastructure Finance Secretariat, DEA, and the World Bank. The course aims to provide foundational knowledge and insights to individuals keen on understanding and contributing to the dynamic realm of PPPs in India.

Shubham Mittal

Shubham Mittal is a renowned current affairs writer and expert in government exam preparation, inspiring readers with insightful articles and guiding aspirants with his expertise.

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