The Central government has notified the appointment of fifteen members - including nine judicial members and six technical members - to the National Company Law Tribunal (NCLT).
The current appointment is for a period of five years or till the members attain the age of 65 years, whichever is earlier.
NCLT President Chief Justice (Retd) Ramalingam Sudhakar.
Forbes unveiled its 2022 Asia’s Power Businesswomen list, honoring 20 outstanding women in business across the Asia-Pacific region.
Soma Mondal, the chairperson of Steel Authority of India Ltd, Namita Thapar, executive director at India business of Emcure Pharma, and Ghazal Alagh, co-founder and chief innovation officer of Honasa Consumer, are on the list.
Skyroot Aerospace is set to lift off the country's first privately developed rocket into space.
The Prarambh mission is expected to launch in the second week of November on a demonstration flight with the Vikram-S launch vehicle.
The company has already received a technical launch clearance from IN-SPACe.
India will assume the presidency of the powerful G20 grouping from the current chair, Indonesia, on December 1, and hold the post for a year.
The G20 Leaders’ Summit at the level of Heads of State/Government is scheduled to be held on September 9 and 10, 2023 in New Delhi.
The G20 was formed in 1999 in the backdrop of the financial crisis of the late 1990s.
The United Nations has designated the International Week of Science and Peace to take place during the week in which November 11th falls. This year, it will occur between November 9th and 14th. However, it was first observed in 1986 as a non-governmental initiative that gained significant international participation.
India is participating in 26th International Malabar Naval Exercise in Yokosuka of Japan. Australia, Japan and the USA are also participating in the Malabar Naval Exercise. Indian Naval Ships Shivalik and Kamorta are ready to demonstrate at the event.The MALABAR exercise was initiated in 1992 between the navies of India and the USA
National Legal Services Day is observed on November 9, every year to commemorate the commencement of Legal Services Authorities Act, 1987. This act came into force on the same day in 1995. On National Legal Services Day, legal awareness camps are held to bring awareness to people about the availability of free legal aid.
Hon'ble Dr. Justice D. Y. Chandrachud,Supreme Court of India is Executive Chairman- NALSA
Calling for integration of mangroves conservation with the Reducing Emissions from Deforestation and Forest Degradation (REDD+) programmes for carbon sequestering, India joined the Mangrove Alliance for Climate (MAC) at the COP 27 at Sharm el-Sheikh, Egypt. India is among the first five countries to join the MAC. The others are Australia, Japan, Spain, and Sri Lanka.
The Asian Development Bank signed a $40 million financing package with GreenCell Express Private Limited to develop 255 electric battery-powered buses (e-buses) to serve 5 million people a year on 56 intercity routes in India and enhance the safety of passengers, especially women, through improved security features including panic buttons connected to command controls.
MUFG Bank has partnered with M1xchange to facilitate digital invoice financing for the bank’s clients. Under M1xchange’s TReDS (Trade Receivables Discounting System), MSME suppliers get early funding for their receivables under a bidding mechanism, and this is funded by MUFG Bank, which takes on the credit risk of the corporate buyers.
Sundeep Mohindru, Managing Director & CEO of M1xchange
Justice DY Chandrachud took oath as the new Chief Justice of India. President Droupadi Murmu administered the oath of office to Justice DY Chandrachud as the 50th Chief Justice of India at Rashtrapati Bhawan. Justice Chandrachud succeeded Justice UU Lalit. Born in 1959, Justice Chandrachud was appointed Judge of the Supreme Court of India on the 13th of May 2016.
Justice Chandrachud will have a tenure till November 10, 2024.
Maharashtra and Uttar Pradesh take the first two positions. According to the provisional figures from Comptroller and Auditor General of India, Tamil Nadu has mopped up ₹68,638 crore in State's Own Tax Revenue collections between April-September against Karnataka's ₹66,158 crore tax collection. Maharashtra and Uttar Pradesh mopped up ₹1,15,211cr and ₹1,02,687cr respectively
HDFC Asset Management Co. Ltd has announced the launch of two exchange-traded funds (ETFs) – Nifty IT ETF and Nifty Private Bank ETF. These funds offer a passive way to gain exposure to the growing information technology and private bank space. HDFC Nifty IT ETF has the potential to capture global IT demand and requirements through India’s leading IT companies.
Navneet Munot, managing director and chief executive officer, HDFC Asset Management
Google, an American technology giant, has launched a platform that displays flood forecasts, namely ‘FloodHub’. This platform shows the area and time where floods could occur, in order to inform people about the natural calamity and authorities can assist them with effectively. The technology giant has also expanded its AI flood forecasting services to 18 counties.
Kerala is the first state in India which introduced a standard gold price based on the bank rate. The decision to introduce uniform price on 916 purity 22 carat gold has been taken at a meeting between officials of Malabar Gold and Diamonds, one of the largest gold and diamond retail chains in the country and key members of All Kerala Gold and Silver Merchants Association
Cochin Shipyard Limited and IIT Madras have signed an agreement to support start-ups in the maritime sector, which will provide a platform for young and talented entrepreneurs to develop products/services in the marine space with financial support provided by CSL.Under this initiative, start-ups can get up to ₹50 lakh as seed grants, ₹1 crore as prototyping grants.
The United Nations' Food and Agriculture Organization published state of food and agriculture report 2022.The report looks into the drivers of agricultural automation, including the more recent digital technologies. Based on 27 case studies, the report analyses the business case for adoption of digital automation technologies in different agricultural production systems.
The Gandhi Peace Foundation announced the award of its prestigious Kuldip Nayar Patrakarita Samman for 2022 to The Wire’s senior editor Arfa Khanum Sherwani.
The awardee for 2021 went to independent journalist and YouTuber, Ajit Anjum.
Gandhi Peace Foundation is based in Chennai.