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N Chandrasekaran takes charge as Tata Digital Chairman

Tata Sons executive chairman N Chandrasekaran has formally taken charge as chairman of Tata Digital.

At present, Tata's digital strategy is being spearheaded by its CEO Pratik Pal along with Mukesh Bansal, founder of Cultfit.

Tata Digital is said to be the brainchild of Chandrasekaran and has been closely involved with its development.

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Elon Musk strikes deal to buy Twitter for $44bn

The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk.

Musk is the world's richest person, according to Forbes magazine, with an estimated net worth of $273.6bn mostly due to his shareholding in electric vehicle maker Tesla which he runs. He also leads the aerospace firm SpaceX.

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RBI imposes Rs 1.12 crore penalty on Bank of Maharashtra

This penalty has been imposed in the exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1) of the Banking Regulation Act, 1949 (the Act), it added.

RBI has also imposed a monetary penalty of Rs 25 lakh on Haryana State Co-operative Apex Bank Limited for non-compliance with its directions on Housing Finance.

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It has also imposed a monetary penalty of Rs 12 lakh on Rajkot Nagarik Sahakari Bank Ltd.

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India’s first Amrit Sarovar prepared in UP’s Rampur

Uttar Pradesh, India’s first ‘Amrit Sarovar’ has been completed in Rampur’s Gram Panchayat Patwai.

Seventy-five ponds in Rampur were selected to be developed as Amrit Sarovar. Out of the selected ponds, the work of pond of village panchayat Patwai of development block Shahbad was completed.

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At 48 billion, India accounts for largest number of real-time transactions in the world

At 48 billion, India accounted for the largest number of worldwide real-time transactions in 2021, almost three times that of nearest challenger China ( 18 billion), and 6.5 times greater than the US, Canada, UK, France and Germany combined, according to a report by ACI Worldwide.

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Army gets 1st indigenous upgrade for AK-47s as Bengaluru-based firm delivers kits

The Bengaluru-based SSS Defence, which won a contract from an elite unit of the Army — beating an Israeli firm — in October last year, delivered its upgrade kits to the Army.

The upgrade also comes with a new dust cover that will allow mounting of sights, a feature that the AK-47 lacked until now. The sights will help the soldier aim.

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India 3rd largest military spender, 50% defence exports go to Myanmar, shows data from SIPRI

India’s military spending in 2021 is the third highest in the world at Rs 5.87 lakh crore or $76.6 billion — behind the United States and China but ahead of the United Kingdom and Russia — data released by the Stockholm International Peace Research Institute (SIPRI) showed.

Until now, Israel’s Fab Defense had a monopoly in the Indian market over the upgrade of AK-47s.

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Meghalaya e-proposal system wins prestigious UN award

The state planning department’s key initiative of e-proposal system, part of Meghalaya Enterprise Architecture (MeghEA), has won a coveted UN Award — World Summit on the Information Society Forum (WSIS) Prizes, 2022.

The e-proposal system now automates sanctions and administrative approvals of all the departments and directorates in Meghalaya.

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SEBI restructures its advisory committee on market data

Sebi has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy.

The committee is chaired by M S Sahoo, Professor at National Law University, Delhi and former chairperson, Insolvency and Bankruptcy Board of India (IBBI).

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Noted writer Padma Shri Binapani Mohanty dies

Odisha’s renowned writer Padma Shri Binapani Mohanty passed away at her residence in Cuttack’s Badambadi.

Pata Dei, Khela Ghara, Naiku Rasta, Bastraharana, Andhakarara, Kasturi Murga O Sabuja Aranya and Michhi Michhika are some of her best-known stories.

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India Creates Guinness Record for Simultaneous Waving of More than 78,000 National Flags

India has entered the Guinness Book of World Records for waving the maximum number of national flags simultaneously, the Ministry of Culture. It said 78,220 tricolors were waved at the Veer Kunwar Singh Vijayotsav programme organised at Duler Ground in Jagdishpur in the presence of Home Minister Amit Shah.

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Housing and Urban Development Corporation Ltd. (HUDCO) Celebrates its 52nd Formation Day

The Minister for Housing and Urban Affairs & Petroleum and Natural Gas,Hardeep S. Puri said that HUDCO’s mission to provide technical and financial support for housing and urban infrastructure, especially for the poor and the vulnerable sections of the society, is the noble objective and is an aligned core development requirement of the country.

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Headquarters: New Delhi;
Founded: 25 April 1970

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World Intellectual Property Day 2022: April 26

World Intellectual Property Day is observed annually on April 26 to raise awareness about the importance of intellectual property (IP) rights in fostering innovation and creativity. World Intellectual Property 2022 highlights the enormous potential of young people to develop something new & provide better solutions to help the world transition to a more sustainable future.

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2022 theme:- “IP and Youth: Innovating for a Better Future”.

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Asia’s biggest international food and hospitality fair - AAHAR 2022 begins in New Delhi

Agricultural and Processed Food Products Export Development Authority (APEDA) in association with the India Trade Promotion Organization (ITPO) is organizing Asia’s biggest international food and hospitality fair AAHAR-2022 at Pragati Maidan in New Delhi.

APEDA was established by the Government of India under the APEDA Act passed by the Parliament in December, 1985.

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