Payments app PhonePe has raised $350 million in funding from global growth equity firm General Atlantic at a pre-money valuation of $12 billion.
The latest valuation has put the Bengaluru-headquartered startup in India’s decacorn club ( startups with a valuation of over $10 billion).
PhonePe also recently announced a full separation from the Flipkart Group.
Sameer Nigam, Founder and CEO at PhonePe.
New Zealand's former Covid-19 response minister Chris Hipkins will replace Jacinda Ardern as prime minister after receiving the only nomination from fellow MPs, the ruling Labour Party said.
Hipkins, currently the police and education minister, will take his party into an uphill battle to win general elections in October, as it lags in latest opinion polls.
The first G20 environment meeting under India's presidency will be held in Bengaluru from February 9 to February 11 with focus on restoration of degraded lands and ecosystems, biodiversity enhancement, strengthening of the circular economy, and promotion of blue economy along with coastal sustainability.
India took over the G20 presidency on December 1 last year.
The Appointments Committee of the Cabinet on Saturday approved the appointment of Vikram Dev Dutt as the next Directorate General of Civil Aviation (DGCA). Dutt will take over the charge as the DGCA chief on February 28 after the superannuation of Arun Kumar, the incumbent DGCA chief.
Sh. Dutt was the last government-appointed Chairman & Managing Director of the Air India.
Reliance Jio has been ranked as the strongest brand in India and placed ninth among the world’s strongest brands, according to the latest report ‘Global 500 – 2023’ published by Brand Finance.
‘Jio’ was placed ninth among the world’s strongest brands ahead of brands like EY, Coca Cola, Accenture and Porsche, and behind the likes of Google, YouTube, Deloitte and Instagram.
This is the annual report on the world’s most valuable and strongest brands.
Wayanad becomes the first district in the country to provide basic documents and facilities such as Aadhaar cards, ration cards, birth/death certificates, election ID cards, bank accounts and health insurance to all tribespeople.
Wayanad district administration has attained this as part of the Akshaya Big Campaign for Document Digitisation which was introduced in Nov 2021.
Nilmani Phookan was one of the most celebrated poet of Assam and has been awarded the country’s highest literary award, the 56th Jnanpith for the year 2021.
He was awarded the 1981 Sahitya Akademi Award in Assamese for his poetry collection, Kavita (Kobita). He was awarded the Padma Shri by the Government of India in 1990.
The notable works of Phukan are ‘Xurjya Henu Naami Aahe Ei Nodiyedi’, ‘Kabita’ etc.
The Reserve Bank of India’s 2023 monetary policy objective is to hold inflation within the mandated tolerance band and guide it towards the medium-term target of 4% by 2024, it said in its monthly bulletin published recently.
The government has mandated the central bank to keep inflation at 4 per cent with a +/- 2 per cent band.
Marking the occasion of the International Day of Education, being held on January 24, the United Nations Educational, Scientific, and Cultural Organization (UNESCO) announced the decision to dedicate the day to girls and women in Afghanistan who have been forcefully stripped of their basic right to education.
UNESCO:
Director-General: Audrey Azoulay;
HQ: Paris, France.
ESAF Small Finance Bank has bagged the prestigious Inclusive Finance India Awards 2022 for its contributions in advancing the goal of financial inclusion and supporting inclusive growth.
K. Paul Thomas, MD and CEO, ESAF Bank, received the award from Anantha Nageshwaran, Chief Economic Advisor at the 19th Inclusive Finance India Summit held in New Delhi.
ESAF:
MD and CEO: K. Paul Thomas
Headquarters: Thrissur.
Laxman Rawat of Petroleum Sports Promotion Board (PSPB) beat teammate Aditya Mehta 9-6 in an entertaining best-of-17-frame final of the National Sports Club of India (NSCI) All India Snooker Open 2023 in Mumbai.
Rawat had finished runner-up losing to Sourav Kothari (PSPB) in the final of the last edition.
Higher Education Minister in Kerala R Bindu announced that girl students above the age of 18 years would get maternity leave of 60 days.
The required attendance percentage for female students will be 73%, including the menstrual leave, as against 75% earlier.
Earlier, Cochin University of Science and Tech announced to grant the of menstrual leaves to its female students.
The 8th edition of the India International Science Festival (IISF) was inaugurated by CM Shivraj Singh Chouhan in the presence of Union Science Minister Jitender Singh at the Maulana Azad National Institute of Technology (MANIT), Bhopal, on January 21, 2023.
The theme of the four-day festival is Marching towards Amrit Kaal with Science, Technology, and Innovation.
Maidams, the resting place of royal families of the Ahom era in Assam’s Charaideo district, will be India’s sole nomination for recognition as a UNESCO World Heritage Site for 2023-24, Chief Minister Himanta Biswa Sarma said.
The ‘Maidams’ was first listed in the tentative list of UNESCO’s World Heritage site in April 2014.
Himalayan Cataract Project Co-Founder Dr Sanduk Ruit has won the ISA Award for Service to Humanity, a top civilian award of Bahrain.
The award carries a cash prize of USD 1 million, a certificate of merit and a gold medal. Dr Ruit is pioneer in delivering high-quality microsurgical procedures in remote eye camps.
In 2018, the Government of India awarded him the Padma Shri.
He is fondly called as "God of Sight" to have saved 1,20,000 eyesight