Kerala Chief Minister Pinarayi Vijayan inaugurated the country's first chartered gateway, and a business jet terminal at the Cochin International Airport. With this, Cochin airport has become the fourth airport in the country to operate a private jet terminal. The Chief Minister is also the Chairman of the Cochin International Airport Ltd (CIAL).
Jammu and Kashmir has been awarded 1st prize in the category for Ayushman Bharat health account ID generation and 2nd prize in the category for Teleconsultation conducted during the celebration of Universal Health Coverage Day 2022 which is being celebrated on 10th and 11th December at International Cooperation and Convention Centre, Varanasi, Uttar Pradesh.
Renowned Marathi Lavani singer Sulochana Chavan died in Mumbai due to age-related ailments, her family said. Sulochana Chavan, 92, was a Padma Shri recipient. Known as 'Lavani Samradnyi' (Queen of Lavani), Sulochana Chavan was one of the most well-known singers in this traditional Maharashtrian musical genre closely associated with the folk theatre form Tamasha.
International Mountain Day is marked annually on 11 December to create awareness about mountains. The United Nations accepted a document titled “Managing Fragile Ecosystems: Sustainable Mountain Development” while the Commission on Sustainable Development was held in 1992. The United Nations General Assembly then declared 11 December as International Mountain Day in 2003.
The theme for 2022 is “Women move mountains”
UNICEF Day is observed every year on December 11. The United Nations General Assembly created UNICEF on December 11, 1946, as the United Nations International Children's Emergency Fund. The organisation was originally named United Nations International Children's Emergency Fund.
The Reserve Bank of India (RBI) issued two letters to YES Bank as the final go-ahead for its proposed capital raise plan from the Carlyle Group and Verventa Holdings, the bank said in a statement while informing the exchanges. YES Bank will now engage with the investors for completion of the proposed capital raise, subject to various regulatory compliances.
Fast-Moving Consumer Goods (FMCG) major Hindustan Unilever Limited (HUL) announced the acquisition of two D2C brands - OZiva and Wellbeing Nutrition. With the acquisition, the company will foray into the health and well-being category.
OZiva - Zywie Ventures Private Limited is a plant-based consumer wellness brand launched in 2016.
Wellbeing Nutrition - Nutritionalab Private Limited was founded in 2019.
India's consumer goods major with a turnover of Rs 95 billion Marico Ltd's subsidiary Marico South-East Asia Corporation (MSEA) has signed an agreement to acquire Vietnamese Beauty X Corporation for about Rs 172 crore.
The transaction is expected to be completed by March 31, 2023, subject to requisite regulatory approvals and customary closing conditions.
Saugata Gupta, Managing Director, and CEO, Marico.
Tamilnad Mercantile Bank, an old private sector bank, and Bajaj Allianz Life Insurance, a private life insurer, have entered into a bancassurance partnership. Through this partnership, new and existing customers of the Bank can now choose from Bajaj Allianz Life’s retail products, including term, savings, retirement, and investment products.
Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance
S Krishnan, MD & CEO, TMB
Sales of listed private non-financial companies recorded 22.6 per cent growth (y-o-y) in Q2:2022-23 as compared to 41.0 per cent in the previous quarter and 31.8 per cent in Q2 of the previous year.
Information technology (IT) companies continued with their consistently good performance and recorded robust sales growth of 21.4 per cent (y-o-y) during the quarter.
RBI in the exercise of powers vested in it under sub-section (1) of Section 35A of Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949, hereby directs that the Directive dated Oct 26, 2018, issued to the above bank, the validity of which was last extended up to Dec 9, 2022, shall continue to apply to the bank for a further 3 months.
A further period of three months means: from December 10, 2022, to March 09, 2023.
The 17th Asia and the Pacific Regional Meeting (APRM) of the International Labour Organization (ILO) has concluded with governments, workers’ and employers’ organizations agreeing to bolster efforts to achieve social justice and decent work for all.
Britain, Italy, and Japan on Friday said, they will jointly develop a future fighter jet that uses artificial intelligence. The three nations held out the prospect of cooperation with European and US allies, which are developing their own sixth-generation planes, vowing to maintain interoperability among all the allies against threats from the likes of China.
The Union government has infused about ₹5,000 crore in SWAMIH Investment Fund I, helping the fund mark its final close of ₹15,530 crore. The SBICAP Ventures-managed fund invests in stressed residential projects.The fund is sponsored by the finance ministry and managed by SBICAP Ventures, a unit of State Bank of India.