A Manimekhalai is the first woman MD and CEO of Union Bank of India and replaces Rajkiran Rai. G who held the position of Union Bank chief since 2017.
Ajay Kumar Srivastava, Executive Director at Indian Overseas Bank, has been appointed MD and CEO for three years.
Swarup Kumar Saha has been appointed MD and CEO of Punjab & Sind Bank for 3 years. He will replace S Krishnan.
Tata Projects will build the national capital region’s new airport at Jewar, after outbidding the Shapoorji Pallonji Group and Larsen & Toubro for the contract.
The new airport is expected to be functional by 2024.
Natarajan Chandrasekaran is the Chairman of the Board at Tata Sons
PepsiCo India plans to expand its largest greenfield food manufacturing plant in Kosi Kalan, Mathura, Uttar Pradesh. The unit produces Lays potato chips. The plan entails a cost of Rs 186 crore, taking the overall investment by the firm in UP to Rs 1,022 crore.
Chairman and CEO, PepsiCo: Ramon L. Laguarta
The Indian unit of Chinese smartphone maker Xiaomi Corp said it has appointed founding member Alvin Tse as its general manager. Also, Anuj Sharma will rejoin the company as the chief marketing officer.
In order to facilitate more participation of insurers under PMJJBY, Insurance Regulatory and Development Authority of India (IRDAI) has reduced the capital required to be held by insurers offering PMJJBY, by almost 50 per cent.
The government announced that seven more military airports would increase their contribution to civil aviation by giving working assistance and land to the Airports Authority of India (AAI).
In a bid to protect wildlife biodiversity in the country, the Supreme Court has said each protected forest should have a 1-km radius of eco-sensitive zone (ESZ) and no mining shall be permitted there. The Chief Conservator of Forests should make a list of existing structures under the sensitive zone and submit the report to the court within three months.
Airtel Payments Bank’s customers can now apply for a gold loan from Muthoot Finance within a minute on the Airtel Thanks app. Muthoot Finance gives as much as 75 per cent of the pledged gold value as a loan. Customers get doorstep disbursals for loan amounts of ₹50,000 and above.
Anubrata Biswas - Managing Director & CEO, Airtel Payments Bank.
Crypto investing app CoinSwitch has launched the cryptocurrency rupee Index (CRE8), a benchmark index to measure the performance of the Indian rupee-based crypto market. CRE8 tracks the performance of eight crypto assets representing over 85 per cent of the total market capitalisation of cryptos traded in Indian rupee. The index is based on real trades on the CoinSwitch app
Ashish Singhal - Co-founder and Chief Executive Officer (CEO), CoinSwitch.
‘eSanjeevani’, Govt. of India’s free Telemedicine service integrated with NHA’s ABDM. This integration allows the existing users of eSanjeevani, the telemedicine service of Ministry of Health and Family Welfare (MoHFW) to easily create their Ayushman Bharat Health Account (ABHA) and use it to link and manage their existing health records like prescriptions, lab reports, etc
Dr. R. S. Sharma, CEO, NHA
The Centre for Development of Telematics has signed an agreement with WiSig Networks Private Limited and VVDN Technologies Private Limited for collaboration in the area of Open RAN-based Radio Network for 5G solution. The Ministry of Communications said that it is a major step for Indigenous development of 5G Open RAN under Aatmanirbhar Bharat Initiative.
Punjab chief minister Bhagwant Mann recently launched a portal to facilitate paddy farmers opting for the direct seeding of rice (DSR). The initiative will be instrumental in compiling data about each farmer who has opted for this water-saving technology besides ensuring payment of ₹1,500 per acre after verification of genuine beneficiaries.
The development would give a push to the government's disinvestment drive in the current financial year. The Centre has budgeted ₹65,000 crore from PSU disinvestment and strategic sale.
Radio Jockey Umar Nisar (RJ Umar), who hails from south Kashmir, has been awarded the '01 Best Content Award' and the Immunization Champion award by UNICEF at the annual Radio4Child 2022 Awards in Mumbai. RJ Umar is the only RJ from Jammu and Kashmir to be selected for this award.
Neobanking platform Stashfin introduce #LiveBoundless – a credit line card especially for women. The card offers dedicated cashback rewards, welcome credits, Free ATM Withdrawals and deals. Additionally, a host of other value-added services include 1% cashback on every spend to benefits worth Rs 5,000 in the first year, and a free credit period for select customers.