Daily News

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Max Bupa Health Insurance appoints Krishnan Ramachandran as MD & CEO

Max Bupa Health Insurance has appointed Krishnan Ramachandran as MD & CEO. Krishnan has 23 years of experience across health insurance, healthcare & life sciences industry. Last he served as CEO of Apollo Munich Health Insurance.He succeed Ashish Mehrotra.

Did you Know

Max Bupa's Parent organization: Fettle Tone LLP.

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Whatsapp payments to roll out with ICICI, HDFC and Axis Bank UPI handles by May end

Whatsapp is set to roll out its Payment facility in India in loop with three private sector lenders, namely ICICI, HDFC and Axis Bank. Whatsapp currently has a user base of 400 million customers whereas UPI has above 100 million users under it.

Did you Know

Whatsapp Cofounders- Brian Acton and Jan Koum.

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PM chairs meeting of Task Force on Corona Vaccine Development, Drug Discovery, Diagnosis & Testing

Prime Minister Narendra Modi took a detailed review of the current status of India’s efforts in vaccine development, drug discovery, diagnosis and testing.PM also took a note of the extraordinary coming together of academia, industry and government.

Did you Know

COVID-19, a respiratory illness caused by the SARS-CoV-2 virus.

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India’s unemployment rate climbs to 27.1%, 121.5mn out of work: CMIE

According to Centre for Monitoring of Indian Economy(CMIE), 91.3 million including daily wagers and those working with small traders were out of jobs in April followed by 18.2 million employment loss of entrepreneurs, and 17.8 million among salaried class.

Did you Know

CMIE, Headquarters location: Mumbai

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Standard Chartered Bank appoints Kusal Roy as head of retail banking

Standard Chartered Bank India has appointed Kusal Roy as its head of retail banking.Prior to joining Standard Chartered Bank, he was the managing director and chief executive at Tata Capital Financial Services Ltd.

Did you Know

Standard Chartered Bank India chief executive- Zarin Daruwala.

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Assam CM constitutes advisory committee to revive economy

Assam Chief Minister Sarbananda Sonowal constituted an advisory committee to suggest measures to revive the state's economy, which is hit by the coronavirus outbreak.The eight-member committee, led by retired IAS officer Subhash Das.

Did you Know

Jagdish Mukhi , present Governor of Assam.

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Nabard disburses Rs 12,767cr to state cooperative banks, RRBs for onlending

The National Bank for Agriculture and Rural Development (Nabard) has disbursed Rs 12,767 crore to state cooperative banks and regional rural banks for onlending to famers.The loans are being offered for one year at an interest rate of 4.8 per cent.

Did you Know

Nabard Chairman-Harsh K Bhanwala.

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India has over 500 million active Internet users: IAMAI

According to IAMAI's 'Digital in India' report, India had 504 million active Internet users, who logged onto the web at least once in the last one month, at the end of November 2019. 433 million are of the age of 12 years and above.

Did you Know

The data has been curated by Nielsen, based on IRS data.

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Polycab India buys 50% stake in Ryker from Trafigura

Polycab India (PIL) has signed an agreement with Trafigura, Singapore, to acquire 50% stake in Ryker Base thereby terminating the existing joint venture. Ryker is involved in manufacturing of copper wire rods with a total annual capacity of 225,000 MT.

Did you Know

T. Jaisinghani- Chairman & Managing Director of Polycab .

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National Fertilizer appoints new Non-official Independent Director

State-run National Fertilizers Ltd (NFL) announced the appointment of Pandya Ashwinkumar Balvantray as Non-official Independent Director on the Board of the Company. His appointment will be for three years.

Did you Know

Manoj Mishra- Chairman & Managing Director of NFL.

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Indian Navy launches operation ‘Samudra Setu’ to return Indians stranded abroad

Indian Navy announced Operation ‘Samudra Setu’ to repatriate Indian citizens who were stranded overseas because of the global grounding of airlines due to the COVID-19 pandemic. INS Jalashwa and INS Magar are currently enroute to the port of Male.

Did you Know

Chief of the Naval Staff- Admiral Karambir Singh.

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India rolls out ‘Vande Bharat Mission’ to bring back Indians stranded abroad

Air India will operate 64 repatriation flights for a week from May 7 while the Navy deployed two ships as India rolled out a massive evacuation plan to bring back thousands of its nationals stranded abroad due to the coronavirus-triggered lockdown.

Did you Know

Civil Aviation Minister- Hardeep Singh Puri.

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India launches GARUD portal for fast-track approval to COVID-19 related drone operations

The union civil aviation ministry and the Directorate General of Civil Aviation (DGCA) have launched GARUD (Government Authorisation for Relief Using Drones) portal for fast-track approval to government agencies for COVID-19-related drone operations.

Did you Know

Authorities use drones for surveillance in several cities.

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Union Agriculture Minister calls for farmers’ movement on integrated soil nutrient management based on Soil Health Card

Union Minister for Agriculture & Farmers’ Welfare, Narendra Singh Tomar has called for making integrated soil nutrient management a farmers’ movement. He directed running mission mode awareness campaigns on increasing use of bio and organic fertilisers.

Did you Know

He advocated the setting up of village level Soil Testing Labs.

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Adhir Ranjan Chowdhury took charge as Chairman of the Public Accounts Committee

Congress leader Adhir Ranjan Chowdhury took charge as Chairman of the Public Accounts Committee (PAC) of Parliament in New Delhi. He has been appointed as the Chairperson of the Committee for the term beginning on 1 May 2020 and ending on 30 April 2021.

Did you Know

Lok Sabha Speaker Om Birla made the appointment.

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DPS Negi takes over as Director General Labour Bureau

Indian Economic Services officer D P S Negi took charge as Director General of Labour Bureau in the Ministry of Labour and Employment. Labour Bureau collects and analyse data related to workers, employment, and retail inflation.

Did you Know

He is also the Senior Labour & Employment Advisor.

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Egypt's tennis player Youssef Hossam gets life ban for match-fixing

Tennis Integrity Unit (TIU) has banned Egyptian tennis player Youssef Hossam (21) for life after being involved in a number of match-fixing and corruption cases. He had violated the anti-corruption rules related to 21 times between 2015 and 2019.

Did you Know

Tennis Integrity Unit HQ- London, United Kingdom.

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Former Union Minister Dalit Ezhilmalai passed away at 74

Dalit Ezhilmalai, former Union Minister of State for Health in the Vajpayee Cabinet, died at his residence on the outskirts of Chennai. He was 74. He was the recipient of Sainik Sewa Medal from the President for meritorious service in the Army.

Did you Know

He took part in the Indo- Pakistan War of 1971.

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A book titled as 'Vijyant at Kargil: The Life of a Kargil War Hero' authored by Colonel VN Thapar and Neha Dwivedi

Captain Vijyant Thapar was only 22 when he was martyred in the Kargil war in 1999. Now two decades after his demise comes his ‘first-ever’ biography giving a rare insight into the heart and mind of one of India’s bravest soldiers.

Did you Know

e-Book Title- ‘Vijyant at Kargil: The Life of a Kargil Hero’.

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6 May: International No Diet Day

Every year, International No Diet Day is celebrated on May 6. It is a celebration of body acceptance, which includes all shapes & sizes. It raises awareness of body acceptance & body shape diversity. No-Diet Day was brought to light by Mary Evans in 1992.

Did you Know

Mary Evans had gone through anorexia herself.

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West Bengal govt launches ‘Exit App’ for stranded people of other states

The West Bengal government launched an app for people from other states who are stranded in West Bengal due to the lockdown and want to return to their native place. Persons willing to go back to their native states can apply online through this app.

Did you Know

West Bengal CM- Mamata Banerjee.

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Enhancing audit independence: Corporate Affairs Ministry sets up 7-member panel

The MCA has constituted a seven-member committee to examine the comments received on the consultation paper floated by it for enhancing audit independence and accountability in the country. The panel has been asked to submit its report by June 30.

Did you Know

Nirmala Sitharaman- Minister of Corporate Affairs.

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IIT Alumni Council Launches India’s first COVID-19 test bus in Mumbai

Indian Institute of Technology, IIT Alumni Council has developed & launched India’s first ‘COVID19 Test Bus’ in Mumbai. This unique bus will move across the city and collect samples for rapid testing. Bus is based on the indigenous Koday Technology Stack.

Did you Know

IIT Alumni is a global body of all 23 IITs.

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SIDBI launches SME Service platform to boost Digitisation, Credit Access

SIDBI launched an SME service platform to facilitate the digitisation of small businesses and make access to credit easier for those caught in a cash crunch owing to the Covid-19 pandemic. It will list free automated tools to allow MSMEs to work remotely.

Did you Know

It will allow business to list warehouses for inventory control.