Daily News

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Bajaj Allianz General Insurance Launches ‘Farmitra’ App

Bajaj Allianz General Insurance, launched mobile app ‘Farmitra’ catering to the specific needs of farmers. Through this app, farmers will get insurance solution along with other information & advisories which will cater to their day to day farming needs.

Did you Know

Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance

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Ratan Tata awarded honorary doctorate by Amity University

Industrialists Ratan Tata and G M Rao were conferred honorary doctorates by Amity University. The honorary doctorates were conferred on them by during its annual convocation ceremony attended by HRD Minister Ramesh Pokhriyal 'Nishank'.

Did you Know

G M Rao is chairman of GMR group.

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Mindtree Chief Financial Officer Pradip Menon Quits

Mindtree Ltd’s chief financial officer (CFO) Pradip Kumar Menon has resigned after a little over a year, in the latest exit at the IT services firm after its hostile takeover by Larsen & Toubro Ltd (L&T) in June.

Did you Know

Debashis Chatterjee, MIndtree CEO.

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India registers 26.9 per cent decline in Maternal Mortality Rate since 2013: SRS Bulletin

According to the SRS Bulletin-2016 India has registered a 26.9 per cent reduction in Maternal Mortality Ratio (MMR) since 2013. The decline in MMR has been from 77 to 72 per 100,000 live births among southern states and in the other states, from 93 to 90.

Did you Know

Sample Registration System-SRS

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ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu

ADB has sanctioned a $451 million loan to Tamil Nadu for a project that will enable better power transfer between the southern part of the Chennai-Kanyakumari Industrial Corridor (CKIC) and the northern regions where there is higher power demand.

Did you Know

Takeshi Watanabe was ADB's first President.

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SEBI asks Mutual Funds to create separate portfolios for unrated debt defaults

SEBI has decided to permit creation of segregated portfolio of unrated debt or money market instruments by mutual fund schemes of an issuer that does not have any outstanding rated debt or money market instruments.

Did you Know

Ajay Tyagi, chairman of Securities and Exchange Board of India.

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U GRO Capital, Sunvest launch Rs 20 cr rooftop solar co-lending programme

U GRO Capital,a technology-enabled lender to small businesses, entered into a Rs 20-crore co-lending programme with Sunvest Capital to finance purchasing of solar panels. It will provide financing to Micro, Small & Medium Enterprises to buy solar panels.

Did you Know

Sachin Bansal recently made debt investment in U Gro Capital.

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Moody’s cuts India’s rating outlook to negative from stable

Moody’s Investor Services changed its outlook for India’s sovereign rating (Baa2) to negative from stable holding that the country’s economic downturn could be structural. India’s economy has decelerated to a six-year low at 5% in June quarter.

Did you Know

Moody’s recently slashed GDP growth forecast to 5.8% for FY20.

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IIT Kharagpur, Ministry of Shipping sign an MoU for Ship Design & Model Testing Centre

IIT Kharagpur is set to get a Ship Design & Model Testing Centre as per the MoU signed between the college & Ministry of Shipping. 3 other MoUs were signed b/w Ranong Port (Port Authority of Thailand)& the Port Trusts of Chennai, Vishakhapatanam & Kolkata.

Did you Know

Union Minister of State for Shipping (I/C)-Mansukh Mandaviya.

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Govt clears Justice Akil Kureshi’s appointment as Tripura HC CJ

The law ministry has cleared the name of Justice Akil Kureshi of the Bombay High Court for elevation as the chief justice of the Tripura High Court. The Supreme Court collegium had earlier recommended him to head the Madhya Pradesh High Court.

Did you Know

Ramesh Bais,, Governor of Tripura.