Daily News

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Priyanka Nutakki becomes the 23rd Woman Grandmaster of India

19-year-old Priyanka Nutakki from Vijayawada, Andhra Pradesh secured her final WGM-norm at MPL 47th National Women Chess Championship. She scored 7.0/9, performed at 2348 to become India's latest Woman Grandmaster in March 2022.

Priyanka Nutakki scored her first WGM-norm in January 2019 and crossed the 2300 rating criteria in the next two months.

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India's first Woman Grandmaster- Subbaraman Vijayalakshmi.

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India's first indigenous flying trainer HANSA-NG completes sea-level trials

India's first indigenous flying trainer 'HANSA-NG' designed and developed by CSIR-National Aerospace Laboratories(NAL), has successfully completed the sea-level trials at Puducherry The aircraft was flown to Puducherry covering a distance of 140 nautical miles in 1.5 hours at a cruising speed of 155 km/hr on February 19.

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NAL Director -Jitendra J Jadhav.

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Mahindra Partners With CSC Grameen eStore To Expand Rural Reach

Mahindra & Mahindra Ltd has partnered with CSC Grameen eStore, a government of India initiative, to deepen connections with over 7 lakh villages in India. The partnership will harness CSC Grameen's digital platform to facilitate Mahindra vehicle enquiries and real-time online lead transfer to M&M from deep rural pockets.

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Mahindra & Mahindra Ltd- CEO: Anish Shah.
CEO CSC SPV,- Dr. Dinesh Tyagi

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ICICI Bank makes InstaBIZ interoperable to help merchants

ICICI Bank announced that it has made InstaBIZ interoperable, making the benefits of its business banking mobile app available to all merchants including customers of other banks.

InstaBIZ is an app for business customers to access banking accounts and do transactions on both mobile and tablet devices.

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Average increment in India likely to increase to 9.1% in 2022: Survey

Indian companies are expected to dole out an average increment of 9.1 per cent in 2022, higher than the pre-Covid-19 increment in 2019, as companies are focusing on retention of talent through rewards.

Moreover, the 2022 projected increment is higher than the pre-Covid-19 increment in 2019 by 50 basis points (bps).

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India Added Record-Breaking 10-Gigawatt Solar Energy Capacity In 2021

In 2021, India installed a record 10 gigawatt of solar capacity, registering a 212 percent year-on-year rise according to Mercom India Research.

In the firm’s latest report, it revealed that in 2020, India saw 3.2GW of the solar capacity of installations. By the end of December 2021, the cumulative solar installed capacity was around 49GW.

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India's largest EV charging station opens in Gurugram

India's largest electric vehicle (EV) charging station with a capacity of 121 charging points for 4 wheelers, has been opened here in Sector 86.

With this EV station, the city has now two of the largest electric vehicle charging stations in India.

The first EV station was opened earlier in January with a capacity of 100 charging points in Sector 52 of of of Gurugram.

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PM Modi unveils Shivaji statue, launches metro rail project in Pune

Prime Minister Narendra Modi has unveiled a 9.5-feet tall statue of great Maratha warrior Chhatrapati Shivaji Maharaj and launched a 12km stretch of 32.2 km-long metro rail project in Maharastra's Pune.

He took a metro ride from Garware college to Anandnagar metro station to address a rally at MIT ground.

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Japan and India renews Bilateral Swap Arrangement of up to $75 billion

Japan and India have renewed the Bilateral Swap Arrangement (BSA) of up to $75 billion with effect from February 28, 2022.

The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Reserve Bank of India (RBI) signed the Amendment and Restatement Agreement of the BSA.

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BCCI announces RuPay as official partner for Tata IPL

The Indian Premier League Governing Council has announced RuPay as an official partner for Tata IPL beginning March 26.

With RuPay’s venture into IPL as the official partner, we feel it is one of the best ways to define the tech-savvy, youthful, contemporary brand personality of RuPay.

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The IPL 2022 is scheduled to be played in the country from March 26 till May 29.

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Insolvency regulator IBBI signs MoU with IBA

Insolvency regulator IBBI and Indian Banks Association (IBA) have signed a Memorandum of Understanding (MoU) to collaborate on capacity building for financial creditors on topics related to insolvency, bankruptcy and related subjects.

Timely resolution of insolvency cases potentially impedes the value erosion of the assets of the corporate debtor.

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US-Based Firm Mavenir Receives “Trusted Source” Approval From the Government

The National Security Council Secretariat (NSCS), the trusted telecom cell has granted the US-based telecom software provider Mavenir a “trusted source” approval.

The report comes in from sources that suggest that the Pardeep Kohli-headed firm that predominantly offers open radio access networks (OpenRAN) to telecom carriers has received the approval.

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LIC hires Reliance-Nippon’s Sunil Agarwal as CFO ahead of listing

Life Insurance Corporation (LIC) is understood to have hired former Reliance-Nippon Life Insurance executive Sunil Agarwal as its new chief financial officer.

Agarwal, who resigned from Reliance as CFO and had spent nearly two decades as finance executive in life insurance firms, joined LIC this month.

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Mukul Arya, India’s representative at Ramallah, passes away

India’s envoy to Palestine Mukul Arya passed away in Ramallah.

In his mid-30s, Arya, a career diplomat of 2008 batch Indian Foreign Service, had served at the Ministry of External Affairs in Delhi, in addition to serving at the Permanent Delegation of India to UNESCO in Paris, and at the Embassies of India in Kabul and Moscow.

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