Daily News

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India announces $400 million line of credit for Sri Lanka

India announced $400 million line of credit for Sri Lanka. PM Modi also announced a financial assistance of $50 mn. to deal with the challenge of terrorism. Sri Lanka & India will work closely to ensure Indian Ocean remains a zone of peace.

Did you Know

Sri Lanka - Official languages: Sinhala, Tamil

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CCI approves Amazon’s 49% stake acquisition in Kishore Biyani’s Future Coupons

Competition Commission of India (CCI) has finally given approval to Amazon subsidiary NV Investment Holdings’ proposal to acquire about 49% stake in Future Coupons. It is under Section 31(1) of the Competition Act, 2002.

Did you Know

Ashok Kumar Gupta, CCI Chairperson

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India sets up 31,696 MW solar power generation capacity

According to government, total 31,696 Mega Watt (MW) of grid connected solar power generation capacity has been set up in the country till October 2019. The government's target is to install 1,00,000 MW grid connected solar power capacity by December 2022.

Did you Know

Solar cell also known as "photovoltaic" cell

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COCO by DHFL General Insurance launches customisable health insurance plan

COCO by DHFL General Insurance announced the launch of its First Retail Health Indemnity Insurance Product COCOCure. COCOCure allows customers to customize their policy as per their varying healthcare needs, family size, ages, and lifestyle requirements.

Did you Know

‘COCO’ is a combination of ‘Connected’ and ‘Covers’.

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Mukesh Ambani overtakes Larry Page, Sergey Brin to become 9th richest in the world

Reliance Industries(RIL) Chairman Mukesh Ambani is the ninth richest person in the world, according to 'The Real-Time Billionaires List' of Forbes. The list was headed by Jeff Bezos, CEO and Founder of Amazon, with 'Real Time Net Worth' of $113 billion.

Did you Know

RIL Chairman's 'Real-Time Net Worth' stood at $60.8 billion.

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Emirates appoints Jabr Al-Azeeby as new India vice president

Emirates announced the appointment of Jabr Al-Azeeby as the new vice president for India and Nepal. He will take the new role from Essa Sulaiman Ahmad who has now been promoted as Divisional Vice President USA and Canada.

Did you Know

Emirates, airline based in Garhoud, Dubai, United Arab Emirates

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Indian Navy commissions sixth Dornier aircraft squadron

The Indian Navy commissioned its sixth Dornier aircraft squadron INAS 314 called Raptors, in strategically located Porbandar town of Gujarat, giving a fillip to coastal security near the sea border with Pakistan.

Did you Know

Deputy Chief of Naval Staff Vice-Admiral M S Pawar.

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Tree rings can predict climate change: Asian Dendrochronology Conference

According to the scientists at the 6th Asian Dendrochronology Conference held in Lucknow, Reconstructions of past responses of vegetation from different ecosystems can predict the impact of climate change on weather and other environmental parameters.

Did you Know

Dendrochronology is the study of tree rings.

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Sports Ministry constitutes committee to review Draft National Sports Code

Sports Ministry constituted a 13-member expert committee to review the Draft National Sports Code. The committee will be headed by former Supreme Court judge Justice Mukundakam Sharma. Former sports persons Gagan Narang, Bhaichung Bhutia are part of it.

Did you Know

Kiren Rijiju (MOS I/C)- Sports Ministry.

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IIT researchers to create ‘Gandhipedia’

IIT Gandhinagar, IIT Kharagpur & the National Council of Science Museums (NCSM) have joined hands to develop Gandhipedia, an online repository of books, letters and speeches written by Mahatma Gandhi, to commemorate his 150thbirth anniversary.

Did you Know

NSCM, an autonomous organisation under the Ministry of Culture.

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Indian Overseas Bank appoints Bhuwan Chandra as CFO

Bhuwan Chandra, General Manager,attached to Balance Sheet Management Department, has been appointed as the Chief Financial Officer of Indian Overseas Bank, with effect from 01.12.2019. He is a Graduate in Agriculture.

Did you Know

Indian Overseas Bank HQs-Chennai.