Maruti Suzuki has appointed Hisashi Takeuchi as Managing Director and Chief Executive Officer from April 1, 2022
Takeuchi will succeed Kenichi Ayukawa - a whole-time director - who will be designated as Executive Vice-Chairman for a period of six months with effect from 1 st April, 2022 till 30th September, 2022. Ayukawa joined as MD, MSIL in 2013.
In a major boost to Government’s “Make in India” Initiative, the Airports Authority of India under its R & D initiative, has entered into an agreement with Navratna Defence PSU Bharat Electronics Limited for the joint, indigenous development of systems for air traffic management and surface movement of aircraft at airports in the country which were hitherto being imported.
Centre for Development of Telematics (C-DOT), the premier Telecom R&D centre of the Department of Telecommunications, Ministry of Communications, Government of India has been felicitated at 21st edition of Telecom Leadership Forum, a conference on “Era of Convergence” organized by VOICE & DATA.
An MoU between NHAI / NHLML, NHIDCL of Ministry of Road Transport and highways, and Ministry of Tourism was signed. This is a significant MoU that will facilitate leveraging expertise of Ministry of Tourism and Indian Tourism Development Corp (ITDC) for developing Way-Side Amenities(WSAs) and View-Points at tourist places.
A new MoU and LoI hav been signed to foster Science and Technology led innovations through Indo-German R&D networking, including industrial research partnership in PPP mode. The partnership has been established between bilateral Indo-German Science and Technology Centre through the MoU with Tata Steel Ltd will institute a joint collaborative Research & Innovation framework
The Tamilnadu Agricultural University has signed an agreement with World Resources Institute, India, to ensure green coverage across the country and evaluate carbonization through tree plantations. The agreement would promote agroforestry development with inclusive social and economic empowerment among the rural communities.
Stephen Wilhite, the inventor of GIF or Graphics Interchange Format, died on March 14, 2022, due to Covid complications. He passed away at the age of 74 at his home in Ohio, United States. Today, GIFs have become an integral part of communication on social media and networking sites.
Wilhite invented the GIF while he was working at a tech company CompuServe in 1987.
The World Bank has priced the world’s first wildlife bond, raising $150 million that will be partly used for the conservation of black rhinos in South Africa. The five-year bond will pay returns determined by the rate of growth in populations of the animals in two South African reserves, the Addo Elephant National Park and the Great Fish River Nature Reserve.
North Korea has tested a banned intercontinental ballistic missile (ICBM) for the first time since 2017. ICBMs, designed for nuclear arms delivery, could extend North Korea's strike range as far as the US mainland.
This missile appeared to be newer and more powerful than the one North Korea fired five years ago, reaching an altitude of more than 6,000km (3,730 miles)
RBI Governor Shaktikanta Das inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru, set up with an initial capital contribution of Rs 100 crore to encourage and nurture financial innovation. The Hub has an independent Board with Senapathy (Kris) Gopalakrishnan as the Chairman and other eminent persons from industry and academia as members.
The Ministry of Youth Affairs and Sports in collaboration with the Youth Services and Sports department of the Government of Himachal Pradesh is set to build India’s first-ever SAI National Centre of Excellence to train athletes in Mountain Terrain Biking and Bicycle Motocross in Shimla. This center is at an altitude of 2000 meters above sea level.
The NCOE is being set up to provide world-class training facilities to Indian cyclists.
Lt. Gen. Vinod G. Khandare (retd.) has been appointed as Adviser in the Ministry of Defence. He will work closely with the Defence Secretary.
Lt. Gen. Khandare superannuated from the Army end-January 2018. From then till October 2021, he served as the Military Adviser in the National Security Council Secretariat (NSCS) under the Prime Minister’s Office.
Former State Bank of India (SBI) chairman Rajnish Kumar has joined the international strategic advisory board of data and analytics firm Dun & Bradstreet. Kumar, a veteran banker, currently sits on the boards of HSBC Asia Pacific, L&T Infotech, Hero MotoCorp and BharatPe. Dun & Bradstreet has a legacy of more than 180 years.
Mobility firm Ola has signed an agreement to acquire neo bank Avail Finance which provides financial services to the blue-collared workforce and has over 6 million users. The acquisition is a key step in Ola's broader push into the fintech space as it looks to build a mobility-focused financial services business under Ola Financial.
Ola recently invested nearly Rs 800 crores into its financial services business.