Daily News

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PM Modi arrives in S Africa for Brics Summit

PM Narendra Modi was welcomed by South African President Cyril Ramaphosa after he arrived in the country to attend the 10th BRICS Summit in Johannesburg. Modi arrived here from Uganda's capital Kampala, the first bilateral tour by an Indian PM since 1997.

Did you Know

BRICS-group of 5economies Brazil, Russia, India, China&S. Africa

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Bharti Infratel, Indus Tower merger deal gets SEBI nod

Bharti Airtel Infratel has received clearance from stock exchanges for its merger with Indus Towers. Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for the merger of Indus Towers and Bharti Infratel in April.

Did you Know

Bharti Infratel CEO: Devender Singh Rawat Founded: 2006

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Parliament Passes Bill to Prevent Economic Offenders From Fleeing Country

Parliament passed a bill that seeks to prevent big economic offenders from fleeing the country to evade the legal process. The Fugitive Economic Offenders Bill, 2018 was passed by a voice vote in the Rajya Sabha.

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Enforcement Directorate Director: Shri Karnal Singh

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Odisha government inks pact for welfare of persons with disabilities

Odisha government signed an MoU with Sightsavers, an international charity working to prevent avoidable blindness, to promote socio-economic development of persons with disabilities (PWDs). The pact also aims to provide inclusive eye health services.

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Odisha Capital: Bhubaneswar Chief minister: Naveen Patnaik

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CM K Chandrasekhar Rao to launch plantation programme

Telangana CM will launch a massive plantation programme in Gajwel town on August 1 during which 1,00,116 saplings will be planted as part of Haritha Haaram programme. India is lagging behind in ratio of human beings & plants.

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Telangana Capital: Hyderabad CM: K Chandrashekar Rao

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OYO inks pacts with SBI and Bank of Baroda

OYO has inked MoUs with the State Bank of India and Bank of Baroda for extending financial support to the company's hotel partners. Signed under the aegis of the Pradhan Mantri Mudra Yojna, the MoUs will enable financial support.

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OYO Founder: Ritesh Agarwal Founded: 2011 Headquarters: Gurugram

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Sebi proposes alternative payment mechanism for retail investors in IPO

SEBI proposed introducing Unified Payments Interface (UPI) as an alternative payment option for retail investors buying shares in an initial public offer. This will increase efficiency of existing system & curtail the need for manual intervention.

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SEBI Chairman: Ajay Tyagi Headquarter: Mumbai

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Fiat's emblematic boss Sergio Marchionne dies aged 66

Fiat Chrysler's boss Sergio Marchionne has died, after having driven the Italian auto giant to success for 14 years. The Italian-Canadian executive took the reins at Fiat in 2004.

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Fiat Chrysler CEO: Michael Manley Headquarters: United Kingdom

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WCD Ministry launches ‘#Childline1098’ Contest- ‘Spot the Logo and Suggest a Tagline’

Ministry of Women & Child Development has launched a contest, #Childline1098, inviting people to share images of Childline 1098 logo that they spot at unique locations and send it with a tagline, to mark World Day against Trafficking in Persons on 30 July.

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Minister of Women and Child Development: Maneka Gandhi

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Panel to review third party motor cover costs

Insurance regulator IRDAI has constituted a 16-member committee to examine motor third party insurance pricing aspects and make recommendations on the premium rates for 2019-20 & the committee is headed by P. J. Joseph.

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IRDAI Chairman: Subhash Chandra Khuntia
Headquarter: Hyderabad