GAIL has won the leader award in mega large business process sector category in 11th edition of Frost & Sullivan and The Energy and Resources Institute Sustainability 4.0 Awards 2020. The award recognises corporates in sustainable development practices.
GAIL (India) Ltd.: Maharatna CPSE;
Chairman & MD: Manoj Jain.
Tech Mahindra & Rakuten Mobile announced that the 2 companies have reached an agreement in which Tech Mahindra has been appointed as a preferred partner for global go-to-market opportunities for the Rakuten Communications Platform (RCP).
MD & CEO, Tech Mahindra : CP Gurnani; Incorporated:1986.
Airtel has picked up a strategic stake in cloud telephony startup Waybeo. Waybeo focusses on deep AI-based analytics for cloud telephony, which is the tech. that moves your business phone system to the cloud.
Airtel Startup accelerator prog. Launch: 2019
Startups funded: 5
The DRDO successfully test-fired Laser-Guided ATGM from the main battle tank Arjun. The test was conducted at the KK Ranges, Ahmednagar. It is developed with multiple-platform launch capability & is currently undergoing technical evaluation trials.
DRDO Chairman: Dr. G. Satheesh Reddy;
HQs: New Delhi
Bajaj Finserv has entered into the healthcare sector with the launch of Bajaj Finserv Health. It aims to integrate the fragmented service delivery of the healthcare system & make healthcare accessible to consumers by extending its reach & accessibility.
India spends only 7% of its total exp. on preventive healthcare.
Tel Aviv-Jaffa announced that it is on track to become 1st city in the world to roll out smart roads that can charge electric vehicles as they drive along. Aimed at reducing air pollution, the electric road does away with the need for recharging stations.
Israel's Capital: Jerusalem;
Currency: Israeli Shekel.
Penguin Random House India announced that Star chef will write about his Feed India initiative, one of the world's largest food drives serving meals to the underprivileged amid COVID-19 pandemic. The book, Kitchens of Gratitude, will be released in 2021.
He will be honoured with the 2020 Asia Game Changer Award in Oct
Uttarakhand Tourism Dev. Board & Indo-Tibetan Border Police signed an MoU to promote adventure sports activities at Tehri Lake. ITBP will provide training in adventure sports & various courses related to it at the Rajiv Gandhi Adventure Sports Academy.
DG ITBP: Surjeet Singh Deswal; Founded: Oct. 24, 1962
Minister of State for Railways Suresh Angadi passed away. He was 65. Angadi was a 4 time BJP MP from Belagavi elected to Lok Sabha in 2004, 2009, 2014 and 2019. His political journey started with joining BJP in the year 1996 from Belagavi, Karnataka.
India Railways Founded: 16 Apr. 1853
HQs: New Delhi
PASSEX underway between Royal Australian Navy and Indian Navy in Eastern Indian Ocean Region. Air Warfare Destroyer HMAS Hobart, Stealth Frigate INS Sahyadri and Missile Corvette INS Karmuk are engaged in complex Maritime Exercises.
Australia Capital: Canberra; Currency: Australian dollar
G4 countries have stressed the urgency of reforming the UN & updating its main decision-making bodies, in order to reflect present realities. G4 voiced concern at the lack of meaningful measure in Intergovernmental Negotiations on Security Council reform.
G4 countries - India, Brazil, Japan, and Germany
Theatre personality and actor Bhupesh Kumar Pandya, who has starred in several films such as Vicky Donor, Parmanu, Hazaron Khwahishein Aisi, Delhi Crime, passed away after a battle with lung cancer. He graduated from NSD in 2001.
NSD was set up by the Sangeet Natak Akademi in 1959
India's competition watchdog CCI has approved the merger of online pharmacy startups PharmEasy & Medlife. PharmEasy-parent API Holdings will acquire 100% equity shares of Medlife. Medlife in return get a 19.95% stake in the combined entity.
The entity will reportedly be valued at around $1.2 billion.
World Maritime Day was first held in 1978 to mark the 20th anniversary of the IMO Convention’s entry into force. The promotion of sustainable shipping and sustainable maritime development is one of the major priorities of IMO in the coming years.
2020 Theme: Sustainable Shipping for a Sustainable Planet
17-year-old, Khushi Chindaliya from Gujarat's Surat has been appointed as Regional Ambassador for India by the UN Environment Programme Tunza Eco-Generation (TEG). She will be working on various awareness projects with TEG till February 2021.
UNEP HQs: Nairobi, Kenya
Founded: 5 June 1972
CRIF India has team up with SIDBI apex financial institution for MSMEs in India, for the launching of sector-based insight reports titled ‘Industry Spotlight’. Series of quarterly reports providing data & trends on key industry sectors will be launched.
SIDBI HQs: Lucknow
Founded: 1990
BOB Financial Solutions Ltd (BFSL) has selected RegTech firm Signzy, to digitize its customer verification through ‘Video KYC’. It will enable BFSL a quick, zero-contact & paperless KYC that omits the requisite for physical submission of documents.
BFSL is a NBFC established in 1994.
MD & CEO: Shailendra Singh.
IEA in alliance with NITI Aayog released Special Report on Sustainable Recovery. Part of IEA’s flagship World Energy Outlook series, the report proposes a no. of actions that could be taken over the next 3yrs to revitalize economies & boost employment.
IEA HQs: Paris, France
Founded: Nov.1974
World no. 1 women's tennis player Ashleigh Barty has won the women's golf championship at the Brookwater Golf Club near Brisbane. Barty is also a former cricketer, having featured for Brisbane Heat in the inaugural season of the Women's Big Bash League.
Australia Capital: Canberra; Currency: Australian dollar
UN & Britain will co-host a global climate summit on Dec 12, the 5th anniversary of the landmark Paris Agreement. The summit is intended to increase momentum ahead of the United Nations Climate Change Conference (COP 26) to be held in Glasgow in Nov. 2021.
HQs: New York, US
Founded:1945
Sec. Gen. : António Guterres