Top 5 Daily News- 24 Oct 2019 – Get News Updates Here

And we are back again with our refreshing dose of Top 5 Daily News- 24 Oct 2019, compiling all the major headlines for the day and also covering the essential headlines that will be important when it comes to competitive exams. Prepare for exams like RBI Grade B, IBPS PO, IBPS Clerk, SSC CPO, LIC Assistant, etc. For more advanced exam practice, live video sessions, and live practice sessions, join Oliveboard Edge.

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Top 5 Daily News- 24 Oct 2019

Toyota reaffirms plans to develop compact battery EV for India with Suzuki

Product swap has already kicked off with the Maruti Baleno being re-engineered as the Toyota Glanza.

The Vitara Brezza is next on the cards with Ciaz and Ertiga due to follow. Toyota, in its turn, will supply its corolla to the Maruti stable.

Udyog Rattan award conferred

The Udyog Rattan Award is conferred annually to Indian citizens, for their outstanding contributions to the economic development of the country.

The Award is hosted by – Institute of Economic Studies, New Delhi.

This year the award is given to Thakur Anup Singh, CMD, Marg ERP Limited. The Award is given to him and his organization for bringing technological disruptions among 2,50,000 SME’s in India and are geared up to take this number to 6,00,000 next year.

Regional Labour Conference

Regional Conference is conducted with an agenda to help in creating better coordination between central and state governments

The Regional Labour conference is held in Bhubaneshwar.

Code on wages has been passed by parliament and now State Governments should frame rules regarding Code on wages, fixed minimum wages, and organize awareness campaigns.

Minister of State for Labour and Employment – Santosh Kumar Gangwar

Few New Appointments

  • DIPAM (Department of Investment and Public Asset Management) – Tuhin Kumar Pandey
  • UIDAI (Unique Identification Authority of India) – CEO, Mr. Pankaj Kumar
  • Power Secretary – Sanjeev Nandan Sahai.
  • SSC Chairman – Brij Raj Sharma
  • Secretary, Department of Administrative Reforms and Public Grievances.- Alok Tandon

IICA to conduct an Online Proficiency Test for Independent Directors

IICA is Indian Institute for Corporate Affairs. The new implementation will come into effect from 1 Dec 2019.

The test aims to ensure that Independent Directors are qualified for the task.

Role of Independent Directors:

Watchdog of Corporate Governance

Ensure Compliance

Good Governance

Disclosure of related party transactions

Protecting minority stakeholders’ interest.

Watch the news analysis in detail with Abhishek Sir here

 

That is all from us in today’s blog Top 5 Daily News- 24 Oct 2019. For more exam related content and updates please keep following Oliveboard.

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