Daily News

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Facebook Invests $5.7 Billion in Indian Internet Giant Jio

Facebook made its largest single investment by putting $5.7 billion into Jio Platforms of India.The investment, which requires approval from competition regulators, would give Facebook a 9.99 percent stake in Jio Platforms.

Did you Know

Jio Platforms is a subsidiary of Reliance Industries.

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TCS to power Israel's first fully digital bank

TCS was selected by Israel's Ministry of Finance to transform its banking sector by building a banking service bureau that would serve as a shared, plug-and-play, digital banking operations platform -powered by the TCS BaNCS Global Banking Platform.

Did you Know

Natarajan Chandrasekaran Chairman,TATA Consultancy Services(TCS)

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SBI now holds 48.21% in Yes Bank; HDFC, ICICI Bank 7.97% each

State Bank of India (SBI) now holds 48.21 percent stake in the private lender, followed by HDFC and ICICI Bank, which have 7.97 percent each, shows the latest shareholding pattern.Axis Bank holds 4.78 % stake, followed by Kotak Mahindra Bank (3.61 %).

Did you Know

Prashant Kumar ,MD & CEO of YES Bank.

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World Book and Copyright Day: 23 April

World Book and Copyright Day celebrated on April 23 each year is a worldwide celebration of books & readers. From April 1st to 23rd, UNESCO shares quotes, poems and messages to symbolize the power of books and encourage reading as much as possible.

Did you Know

World Book Capital for 2020: Kuala Lumpur, Malaysia.

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Huawei India appoints David Li as new CEO

Huawei Telecommunications India announced the appointment of David Li as Chief Executive Officer of its operations in the country.Li succeeds Jay Chen, who moves on to take up a leadership role within Huawei Asia Pacific Region.

Did you Know

Ren Zhengfei,Founder and CEO of Shenzhen-based Huawei.

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Uttarakhand government using ‘Sampark Didi’ app to impart virtual classes

Uttarakhand state education department has started virtual lessons for students through a mobile application named ‘Sampark Didi’. Through the app, students can access animated lectures while they are confined to their homes during the pandemic.

Did you Know

Trivendra Singh Rawat,Uttarakhand CM.

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Federal Bank approves 4% additional stake in life insurance JV from IDBI Bank

Federal Bank is set to buy an additional 4% stake in IDBI Federal Life Insurance Co Ltd (IFLIC) from IDBI Bank,to price finalization & regulatory approvals.This will increase the total shareholding of IDBI in the life insurance joint venture to 30 %.

Did you Know

Federal Bank CEO: Shyam Srinivasan; HQs- Aluva, Kerala.

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Centre forms a high-level task force on coronavirus vaccine, drug testing

Government has formed a high-level task force for vaccine and drug testing for coronavirus disease (Covid-19). The task force will be co-chaired by Vinod Paul, member NITI Aayog, & Professor K Vijay Raghavan, principal scientific advisor to the government.

Did you Know

COVID-19 is a disease caused by the SARS-CoV2 virus.

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NASA Sets Launch Date for SpaceX U.S. Manned Mission to Space Station

NASA and SpaceX have picked May 27 for resuming astronaut launches from the United States after nine years of complete dependence on Russia. Astronauts Doug Hurley and Bob Behnken will blast off atop a SpaceX Falcon 9 rocket.

Did you Know

NASA Administrator:Jim Bridenstine.

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Justice Biswanath Somadder new chief justice of Meghalaya High Court

The Supreme Court collegium, led by Chief Justice Sharad A Bobde, has recommended the name of Justice Somadder as the new chief justice of Meghalaya High Court. Justice Mohammad Rafiq has been named as chief justice of Orissa High Court.

Did you Know

Meghalaya Governor: Tathagat Roy.

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Sudha Murty’s new book 'How the Onion Got Its Layers' released

Sudha Murty’s new book was launched in e-book and audio-book format. How the Onion Got Its Layers is dedicated to all weavers "who have spun magical tales over time,".How the Onion Got Its Layers is the second book following How the Sea Became Salty.

Did you Know

Sudha Murty is the chairperson of the Infosys Foundation.

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Kerala Blasters officially appoint Kibu Vicuna as head coach

Indian Super League (ISL) side Kerala Blasters appointed Mohun Bagan’s I-League winning coach Kibu Vicuna as their head coach for the upcoming season.Spain’s Vicuna oversaw Mohun Bagan win the title with four rounds to spare.

Did you Know

Mohun Bagan merged with ATK to enter the ISL from next season.

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Cabinet approves Rs. 15,000 Crore for ''India COVID-19 Emergency Response and Health System Preparedness Package"

Union Cabinet has approved significant investments to the tune of Rs.15,000 crore for 'India COVID-19 Emergency Response & Health System Preparedness Package'. The funds sanctioned will be utilized in 3 Phases and for immediate COVID-19 Emergency Response

Did you Know

Union Cabinet chaired by the Prime Minister, Narendra Modi.

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BRO builds 484-meter permanent bridge connecting Kasowal enclave in Punjab with rest of the country

Border Roads Organisation (BRO) has constructed and opened a new permanent bridge on the river Ravi connecting Kasowal enclave in Punjab to the rest of the country much ahead of its schedule.The bridge costed Rs 17.89 crore excluding the approaches.

Did you Know

484-meter bridge has been bulit under Project Chetak.