The Delhi-Lucknow Tejas Express will be the 1st train to be operated by pvt. players, indicating that the Railways is going ahead with its 100-day agenda of handing over operations of two of its trains to the private sector, despite protests from unions.
The custody of the trains will be given to the IRCTC.
India's govt. will raise up to 150 bn rupees by reducing its stake in 18 state firms to 75%, as it looks to boost revenues & rein in the fiscal deficit.Nirmala Sitharaman set a target of 1.05 trillion rupees from the sale of stakes in state-run companies.
Chairman of SEBI - Ajay Tyagi
Boeing, announced the arrival of two new heavy-lift Chinook helicopters for the IAF at the Mundra port in Gujarat.It has been battle-tested in diverse, extreme conditions throughout the world, and can operate in a wide range of Indian conditions.
Air-Chief Marshal – B S Dhanoa
Kerala-based private lender CSB Bank is set to file its draft IPO papers.Last year, Canadian billionaire Prem Watsa’s Fairfax acquired a 51% stake in CSB Bank for around $168 million, following the RBI’s first such approval given to a foreign firm.
CSB - Catholic Syrian Bank
Bengaluru-based social audio platform Headfone run by Diacoustic Labs Pvt Ltd, has raised $750,000 in seed funding from Fosun RZ Capital.Headfone was founded by ex-Facebook employees Pratham Khandelwal and Yogesh Sharma.
Headfone uses machine learning to build personalized audio feed.
The Vice President of India, Shri M. Venkaiah Naidu has released a book titled “Vivekadeepini”. It has been released in 10 languages.It is a book that contains facts and principles of spiritual leaders like Adi Shankaracharya and Swami Vivekananda.
It has been written by Adi Shankaracharya.
CapitaLand Ltd has completed the purchase of Temasek Holdings-owned Ascendas-Singbridge Pte. Ltd.The CapitaLand Group will operate as a unified entity.CapitaLand will acquire Ascendas-Singbridge’s stakes in two of its subsidiaries.
CapitaLand Ltd is a Singapore-based investor.
India plans to raise $10 bn from its 1st overseas sovereign bond because there’s huge appetite for its debt in the foreign market. The govt. would borrow in foreign currency to finance the budget deficit, a move that will ease pressure on local markets.
Economic Affairs Secretary: Subhash Chandra Garg
Microsoft-owned social networking site for professionals, LinkedIn, appointed Ashutosh Gupta as the new country manager for India operations.He has about two decades of experience in IT & Software Services.
Gupta will replace Mahesh Narayanan.
RBI finalised a three- year roadmap to improve regulation and supervision, among other functions of the central bank.Utkarsh 2022 is in line with the global central banks’ plan to strengthen the regulatory and supervisory mechanism.
RBI Governor: Shaktikanta Das