DBS Bank India has collaborated with Haqdarshak to assist Indian MSME via Haqdarshak’s new platform which provides access to MSME-focused government-assisted schemes across the country. A grant of INR 2.7 mn enabled Haqdarshak to build this platform.
DBS Bank India:
MD & CEO - Surojit Shome;
HQ - Mumbai
The Desalination Plant at Mandvi will have a capacity of 100 MLD. It will complement the Narmada Grid, Sauni network & treatment of waste water. Water will be provided to approx. 8 lakh people in the regions of Abdasa, Mundra, Lakhpat & Nakhatrana talukas.
It is one of 5 upcoming desalination plants in the state.
Himgiri, the first of the 3 Project 17A ships built by GRSE, was launched into water. Under Project 17A, 4 ships at Mazagon Dock Shipbuilders Limited and 3 at GRSE are being built with enhanced stealth features, advanced indigenous weapons & sensor fit.
Project 17A is also known as Nilgiri-class frigate (2019)
India, Iran & Uzbekistan discussed the joint use of Chabahar port for trade and transit purposes and enhanced regional connectivity. India’s proposal to hold Chabahar Day on the sidelines of the International Maritime Summit was welcomed.
Capitals:
Uzbekistan - Tashkent;
Iran - Tehran
MGNREGA helped create 3 Ice Hockey Rinks at village level in Ladakh while two Ice Hockey Rinks have been constructed under Special Development Package. Stongday, Sapi, Purtikchey, Bodh Kharbu etc were some villages that got Ice Skating Rink.
Ladakh hosted world's highest altitude women's hockey tournament
NITI Aayog released the vision document to strengthen PHS in India by 2035 through integration of 3 tier public health system into Ayushman Bharat. PHS is to be based on individuals' Electronic Health Records(EHR) collected using unique health identifiers.
NITI Aayog:
CEO - Amitabh Kant;
Vice Chairman - Rajiv Kumar.
TCS expanded its 15 years long partnership with Star Alliance, world's largest airline alliance. TCS to help Alliance Adopt Cloud, Data Analytics, Business Intelligence & Machine Learning to Improve its Business Performance & Ability to Innovate at Scale.
Jeffrey Goh is CEO of Star Alliance
At the 5th India Water Impact Summit, NIBIO signed an MoU for development of sludge management framework in India with cGanga(think-tank of NMCG). It will help improve India's water management by adopting best practises of Norway.
cGanga was established in 2016 at IIT Kanpur.
Spice Money has appointed Sonu Sood as its brand ambassador through Sood Infomatic subscribing 8.69 lakh shares(2% equity share) ,to digitally & financially empower 1 crore rural entrepreneurs.
Sonu Sood's autobiography is titled 'I Am No Messiah.'
MoUs were signed with Crown Group Of Companies,Society for Smart Electric Mobility,Voltas, Mylan Torrent Gas, First Solar, Ola Electric, Mahindra CIE etc. The cumulative investment is about Rs 24,458 crore from about 24 projects.
Torrent Gas to invest Rs 5,000 crore in Chennai city gas project
HDFC Bank has appointed Sanmoy Chakrabarti as the CRO for 3 years in place of Jimmy Tata, who will take on the role of Chief Credit Officer. Previously, he has been in-charge of market risk, treasury mid-office, operational risk management & Basel credit.
HDFC Bank:
HQ - Mumbai;
MD & CEO - Sashidhar Jagdishan.
Aimed at enabling withdrawal of money from a bank account from the comfort of home, Aceware has launched Ace Money Micro ATM service in Kochi.Customers of all banks can place an order for money on Ace Money app & money will be delivered in 30-40 minutes.
Aceware is a fintech company located in Infopark, Kochi
Canara Bank has launched FX 4 U that enables its entire internet banking users to handle forex transactions hasslefree. Eligible customers will be able to undertake remittance facilities in adherence to the FEMA regulations.
Canara Bank:
HQ - Bengaluru;
CEO & MD - L V Prabhakar.
Bharti AXA along with Primero, started #GotYouCovered campaign to support Primero trained healthcare workers. For each share of the initiative on social media, Bharti AXA extends one face mask to each healthcare worker or student with Primero.
It was launched on Universal Health Coverage Day (December 12).
SEBI has set up a specialised department CFID to tackle cases of diversion of funds, bank loans and resources by company promoters. The move comes after a spate of cases involving Cox and Kings, DHFL and the now infamous liquor baron Vijay Mallya.
SEBI:
Chairman - Ajay Tyagi;
HQ - Mumbai.
KMB said RBI has approved the re-appointments of Uday Kotak as MD & CEO, Prakash Apte as its Part-time Chairman and Dipak Gupta as Joint MD for a period of 3 years, with effect from January 1, 2021. PSB appointments require the prior approval of RBI.
Approval provision is under Banking Regulation Act, 1949.
Aiming to promote Scientific Temper among Masses, various institutions have organised VigyanYatra online and mobile science exhibition vans were flagged off in around 30 locations ahead of IISF 2020. VigyanYatra is a promotional activity of IISF.
The 6th IISF is going to be organised from December 22 to 25.
Reddit acquired Dubsmash and under the deal,Dubsmash will continue to exist as a separate platform and brand, but its "innovative video creation tools” will be integrated into Reddit. In Jan, 2020 dubsmash crossed 1 billion video views per month.
Suchit Dash is a Cofounder of Dubsmash.
Twitter has acquired the app Squad, a multi-participant video chat app. Squad saw a massive spike of 1100% in usage during the pandemic. Twitter could be shutting down its separate live-streaming app Periscope to make room for the addition.
Twitter CEO - Jack Dorsey
The foundation stone of Hybrid Renewable Energy Park near Vighakot village in Gujarat's Kutch district is to be laid. It will be spread over 72,600 hectares with a generation capacity of 30 GW & will have zones for wind and solar energy storage.
It will be India's largest renewable energy generation park.
Organised by iiMC, the International Coronavirus Short Film Festival has received over 2,800 entries from 108 countries. The festival aims at showcasing stories based on cure, safety measures and lives affected during the coronavirus pandemic.
iiMC is the biggest private producer of 35mm/16mm Short Films.
Sony acquired U.S. anime-streaming service Crunchyroll for $1.175 bn gaining access to Crunchyroll's 90 mn-plus members. The move shows Sony's shift to a "recurring" business model of fee-based services instead of just selling electronics devices.
AT&T's Crunchyroll will be incorporated into Sony’s Funimation.
