Hero MotoCorp has taken the wraps off their new electric scooter under the sub-brand, Vida. The automaker launched the V1 as the first electric scooter of the brand, as it looks to catch up with newer firms who have taken the lead in the country's clean mobility push.
The Hero Vida V1 would be first launched in New Delhi, Jaipur and Bangalore.
Under CGSS, DPIIT aims at providing credit guarantees to loans extended by Scheduled Commercial Banks, NBFCs and SEBI registered Alternative Investment Funds (AIFs).
The exposure to individual cases would be capped at Rs. 10 crore per case or the actual outstanding credit amount, whichever is less. The guarantee under scheme would be transaction based and umbrella based.
Startup India Action Plan was launched on 16th January 2016.
The MoU aims to promote and harmonise the implementation of standards and quality, safety and sustainability practices in laboratories.
Also aims to improve the responsiveness for laboratories and exchange and disseminate the global best practices in the field of laboratories.
BIS is the National Standard Body of India.
The Taskforce was constituted for monitoring Cheetah introduction in Kuno National Park, Madhya Pradesh and other suitable designated areas.
The Task Force shall be in-force for a period of two years.
Task Force to review progress and monitor the adaption and health status of Cheetahs.
Cheetahs were reported extinct seven decades ago in India.
The Indian Air Force was officially established on October 8, 1932, as an auxiliary air force of the British Empire which honoured India's aviation service during World War II with the prefix Royal. Its first aircraft came into being on April 1, 1933 with six RAF-trained officers and 19 Havai Sepoys (air soldiers).
IAF is celebrating the 90th foundation day this time.
LIC and Central Govt own close to 94% in IDBI Bank, of which the Centre has 45.48% stake and LIC has 49.24%, as of June 30. As per the plan, the Centre will divest a 30.48% stake while LIC will sell off 30.24%.
This would be the first attempt to privatise a public sector bank in India.
CCEA agreed to its strategic disinvestment and transfer management control in May 2021.
IDBI was constituted as a Dev Fin'l Institute (DFI) in 1964 and later as a Bank in 2004.
The Centre has appointed a three-member commission, headed by former Chief Justice of India K G Balakrishnan, to consider the possibility of granting SC status to “new persons who have historically belonged to the Scheduled Castes’’ but have converted to religions other than Hinduism, Buddhism and Sikhism.
According to 2011 Census, scheduled castes account for 16.6% of the total population.
Indian Renewable Energy Development Agency Ltd. (IREDA) observed the "Cyber Jaagrukta Diwas", to create cybersecurity awareness among all employees.
Cyber Jaagrukta Diwas is an initiative launched by the Ministry of Home Affairs that requires all government organizations to spread cybersecurity awareness.
Cyber Jaagrukta Diwas is observed on first Wednesday of every month.
Union Minister for Heavy Industries Dr. Mahendra Nath Pandey inaugurated ‘Conference on Industry 4.0: Challenges Ahead and Way Forward’, at Kevadia Gujarat.
The Conference being organised by Ministry of Heavy Industries aimed at sensitising industrial sectors in the country to adopt digital manufacturing processes and to promote automation and innovation in the industrty.
Industry 4.0 refers to the cyber-physical transformation of manufacturing.
In its efforts to adopt advanced powering technology to decarbonize power generation in India, NTPC Ltd., the country’s largest power generating utility, and GE Gas Power signed a MoU for feasibility to demonstrate of hydrogen co-firing blended with natural gas in GE’s 9E gas turbines installed at NTPC’s Kawas combined-cycle gas power plant in Gujarat.
India has a total Thermal installed capacity of 236.1 GW of which 58.6% from coal.
To curb clients’ abuse of the stockbroker’s Power of Attorney (PoA), SEBI expanded the scope of the Demat Debit and Pledge Instruction (DDPI) for pledges and repeals of securities for margin purposes.
MF transactions executed on stock exchange order entry platforms and tenders for the public offering of shares through SE platforms would also be covered under DDPI.
Share Pledge: A promoter shareholding in a company is used as collateral to avail a loan.
HDFC Bank announced the launch of SmartHub Vyapar Merchant app, a payments and banking solution for small and medium-sized businesses.
The app has been developed in partnership with a merchant Saas platform, Mintoak Innovations India.
It enables merchants to accept interoperable payments across multiple payment modes which include Cards, UPI and QR code.
CMD of HDFC Bank: Sashidhar Jagdishan.
ICICI Bank has launched an online service to assist its customers in making SWIFT-based inward remittances more quickly and easily. The feature, known as "Smart Wire," enables inward remittance transactions to be completed electronically for both NRIs and resident customers. Customers can use the "Smart Wire" service by logging into the internet banking platform.
ICICI HQ- Vadodara; CMD- Sandeep Bakhshi.
Indian cricket star Smriti Mandhana has signed on as a brand ambassador of lubricant manufacturer Gulf Oil India.
She joins current men’s cricket ace Hardik Pandya and former captain Mahendra Singh Dhoni as an ambassador for the company.
Gulf Oil Lubricants India Ltd (GOLIL) is a part of the Hinduja Group.