Daily News

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Adobe to acquire design platform Figma for $20 billion

Adobe announced will acquire design software firm Figma in a deal worth about $20 billion in cash and stock.

Figma, founded in 2012, creates cloud-based design software that allows teams to collaborate in real time. It competes head-to-head with Adobe's XD program

The company was valued at $10 billion in its last funding round in 2021.

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Roger Federer to retire from professional tennis after this year's Laver Cup

Roger Federer on September 15 announced that he is set to retire from professional tennis after next week's Laver Cup.

The Swiss tennis legend (41) has won 20 Grand Slam titles. Following knee injuries, Federer has not competed since Wimbledon in July 2021.

He has won 103 ATP singles titles, the second most of all time after Jimmy Connors.

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J&K govt declares Maharaja Hari Singh’s birthday a public holiday

The Jammu and Kashmir government has decided to declare Maharaja Hari Singh’s birth anniversary a public holiday.

The announcement was made by Lieutenant Governor, Manoj Sinha.

Maharaja Hari Singh JI was instrumental in accession of J&K with the republic of India on 26 October in 1947.

Maharaja Hari Singh was the last Dogra king.

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The birth anniversary of the visionary ruler falls on September 23.

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Google Completes Mandiant Acquisition To 'Reinvent Security'

Google has announced that its proposed $5.4 billion bid to buy cybersecurity firm Mandiant is now complete.

Moving forward, Mandiant will operate under the auspices of Google Cloud, though the Mandiant brand will live on.

Google Cloud and Mandiant will help organizations reinvent security to meet the requirements of our rapidly changing world.

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Google Cloud CEO Thomas Kurian.

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IDFC FIRST Bank and WhatsApp enable FASTag recharge through 'payments on WhatsApp'

This partnership means IDFC FIRST customers will be able to recharge their FASTags right within IDFC FIRST’s WhatsApp chatbot and complete the transaction from within the chat thread.

IDFC FIRST Bank customers can get started by just sending ‘Hi’ to the Bank’s official WhatsApp chatbot number at +919555555555.

The Bank has so far issued around 9 million FASTags.

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BVR Subrahmanyam appointed as next CMD, ITPO

BVR Subrahmanyam has been appointed as the new Chairman & Managing Director of the India Trade Promotion Organization (ITPO). The Appointments Committee of the Cabinet approved the appointment.

Senior IAS Subrahmanyam has been appointed to the post on a contractual basis for two years.

He will be replacing LC Goyal.

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PESB picks Barnali Barua Tokhi for BPRL MD post

The Public Enterprises Selection Board (PESB) has picked Barnali Barua Tokhi as the next Managing Director (MD) of Bharat Petro Resources Ltd (BPRL).

A wholly owned subsidiary company of Bharat Petroleum, by the name Bharat PetroResources Limited (BPRL), was incorporated in October 2006.

When appointed, Sh. Tokhi will be the first woman MD of BPRL.

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Prasanna Kumar Motupalli selected as CMD of NLC India Limited

The Public Enterprises Selection Board (PESB) has picked Prasanna Kumar Motupalli as the next NLC CMD.

Motupalli is currently serving as the Managing Director of Gujarat State Electricity Corporation Limited (GSECL).

NLC India Limited is a government-owned-fossil fuel miner and thermal power generator under the ownership of the Ministry of Coal, Government of India.

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PESB, Chairperson: MALLIKA SRINIVASAN

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International Day for the Preservation of the Ozone Layer | 16 September

September 16th marks the International Day for the Preservation of the Ozone Layer. In December 1994, the United Nations General Assembly designated September 16 International Day for the Preservation of the Ozone Layer, commemorating the date of the signing of the Montreal Protocol on Substances that Deplete the Ozone Layer, in 1987.

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2022 theme by UNEP- ‘Global Cooperation Protecting Life on Earth'

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SBI Surpasses $5Trillion Market Cap, Becomes Third Lender To Reach The Elite Class

State-owned lender, State Bank of India (SBI) hit the Rs 5 lakh crore market capitalisation after its shares touched a record high of Rs 564.45. With this market capitalisation, SBI stood on the seventh position in the market capitalisation ranking. SBI has become the third lender to cross the market cap of Rs 5 lakh crore. HDFC Bank held first rank followed by ICICI Bank.

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Munoth Industries to commission India’s 1st lithium-ion cell factory in Andhra Pradesh

Chennai-based Munoth Industries Ltd (MIL), promoted by Munoth group, is set to commission what it calls India’s first full-fledged lithium-ion cell manufacturing unit at Electronic Manufacturing Cluster 2 [EMC 2], located at Tirupati in Andhra Pradesh.Presently, India is completely importing lithium-ion cells from China, South Korea, Vietnam, and Hong Kong.

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Padmaja Naidu Himalayan Zoological Park in Darjeeling recognised as best zoo in India

The Padmaja Naidu Himalayan Zoological Park in West Bengal's Darjeeling has been adjudged the best zoo in the country, while Kolkata's Alipore Zoological Garden has secured the fourth position. Central Zoo Authority released the ranking list. rignar Anna Zoological Park in Chennai has secured the second position, Sri Chamarajendra Zoological Garden in Karnataka came third

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The Red Panda is one of the top attractions of PNHZP

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FinMin to allow RRBs to raise funds via IPO, rights issue

The Finance Ministry has issued draft guidelines for Regional Rural Banks (RRBs) to raise resources from capital market, paving the way for raising funds via rights issue, private placement with select investors such as large banks and insurance companies, and initial public offerings (IPO).

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Currently,there are 43 RRBs sponsored by 12 Scheduled Commercial Banks with 21,892 branch

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Online portal “E-Baal Nidan” for redressal of grievances against violation of child rights revamped

The National Commission for Protection of Child Rights, NCPCR has revamped online portal E-Baal Nidan for timeboud redressal of grievances against violation of child rights. The new features include bifurcation of complaints based on the nature of the complaint into their subject matters like Juvenile Justice, POCSO, Labour and Education.

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Delhi Police first force to make collection of forensic evidence mandatory

Delhi Police has become the first police force in the country to make collection of forensic evidence mandatory in crimes punishable by more than six years. Delhi Police Commissioner Sanjay Arora issued a “standard order” to all police units. The recently released NCRB report showed a 40% increase in crimes against women in Delhi, the highest among all metropolitan cities

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Fitch cuts India's GDP growth forecast to 7% for FY23

Global ratings agency Fitch cut India's gross domestic product (GDP) growth forecast for 2022-23 to 7% from the earlier 7.8% due to the impact of the global economic slowdown, elevated inflation and tighter monetary policy. Growth is expected to slow to 6.7% in 2023-24 from the previous estimate of 7.4%, the agency said in its latest report.

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