India Grid Trust will acquire a 100 per equity stake in Khargone Transmission at an enterprise value of about Rs 1,497.5 crore. The acquisition will be for a cash consideration of an enterprise value not exceeding Rs 1,497. 5 crore. The Khargone Transmission was incorporated on November 28, 2015. The transmission project was awarded by the Ministry of Power for 35 years.
INS Vagir, the fifth of six Scorpene (Scorpion in French) submarines being built by Mazagon Docks, Mumbai, was commissioned into the Indian Navy. Project 75 is Ministry of Defence code-name for the construction of six Scorpene submarines in MDL with technology supplied by French shipbuilder, Naval Group. Project 75 delivered its first submarine, INS Kalvari, in Dec 2017.
Chief of Naval Staff, Admiral R Hari Kumar.
The Reserve Bank of India has asked SBM Bank (India), the Indian subsidiary of State Bank of Mauritius (SMB), to immediately stop transactions under the Liberalised Remittance Scheme (LRS) until further notice. The banking regulator in a statement said the action was based on certain material supervisory concerns observed in the bank.
Several policymakers, including Commerce and Industry Minister Piyush Goyal besides business leaders and senior executives represented businesses of the G20 countries are participating in the three-day B20 India inception meeting. The Business 20 is amongst the most prominent official engagement groups in G20. The three day B20 inception meeting was held in Gandhinagar.
The Centre has appointed N Chandrasekaran, chairman of Tata Sons, as the chair of B20.
The Reserve Bank of India has extended the deadline for renewal of agreements for the existing safe deposit lockers in a phased manner by the 31st of December 2023. The RBI said banks will have to complete the process of renewal of agreements in a phased manner and asked them to unfreeze lockers that may have been frozen due to non-renewal of agreement.
SBI has partnered with MMRDA for providing NCMC based ticketing solution for the recently commissioned Mumbai metro lines.
The Acquiring solution will be provided through SBI Payments, the merchant acquiring subsidiary of SBI. It will facilitate seamless commuting experience through an array of digital payments including NCMC (National Common Mobility Card), QR and PoS.
Mr. Dinesh Khara, Chairman, State Bank of India
The United Nations General Assembly proclaimed 24 January as the International Day of Education with an aim to emphasise the role of education for peace and development. The theme for 2023 is 'To Invest in People, Prioritize Education.' UNESCO has dedicated this year's International Education Day to women of Afghanistan who are being deprived of their right to education.
This year marks the 5th International Day of Education.
National Girl Child Day is marked on January 24 to celebrate the girl child. The day, an initiative of Ministry of Women and Child Development, has been celebrated in India every year since 2008. It was celebrated for the first time with an aim to raise awareness about the inequalities faced by girls and women in society at various levels.
Named U-WIN, the programme to digitise India’s Universal Immunisation Programme (UIP) has been launched in a pilot mode in two districts of each state and Union Territory.
The platform will be used to register and vaccinate every pregnant woman, record her delivery outcome, register every newborn delivery, administer birth doses and all vaccination events thereafter.
President Droupadi Murmu, conferred the Pradhan Mantri Rashtriya Bal Puraskar, 2023 on 11 children at an award ceremony held in New Delhi.
The Pradhan Mantri Rashtriya Bal Puraskar are being conferred upon children in the age group 5-18 years, for their excellence in six categories – Art and Culture, Bravery, Innovation, Scholastic, Social Service and Sports.
Lenders led by IDBI Bank, have transferred the first large stressed account to the National Asset Reconstruction Company (NARCL). The bad loan transferred to NARCL, or bad bank, is Jaypee Infratech, which was among the 12 large accounts referred by the Reserve Bank of India (RBI) to the National Company Law tribunal (NCLT) in 2017.
The bank’s recovery in the account is close to 45 per cent.
Jnanpith awardee and eminent Assamese litterateur Nilmani Phookan died.
Kavya Rishi Phookan received the Jnanpith award for the year 2021 for his overall contribution to the field of literature.
He is the third recipient of the Jnanpith award in Assam after Birendranath Bhattacharya and Mamoni (Indira) Raisom Goswami.
For the year 2023, Odisha State Disaster Management Authority and Lunglei Fire Station (LFS), Mizoram, both in the Institutional category, have been selected for the Subhash Chandra Bose Aapda Prabandhan Puraskar-2023 for their excellent work in Disaster Management. The award is announced every year on 23rd January, the birth anniversary of Netaji Subhash Chandra Bose.
A newly published thought-provoking book “India’s Knowledge Supremacy: The New Dawn” Written by international Indian expat, Dr Ashwin Fernandes launched globally. This book was launched by Honourable Minister of Education of India Shri Dharmendra Pradhan, at an event at Dr Ambedkar International Centre.
The Border Security Force (BSF) said its troopers had launched “Ops Alert” with an aim to enhance security along the International Border (IB) with Pakistan in Kutch district of Gujarat and Barmer in Rajasthan in view of the Republic Day celebrations. It is carried out to “thwart any ill designs of anti-national elements” during the Republic Day celebrations.
Punjab Chief Minister Bhagwant Mann launched Schools of Eminence in Mohali and said it is a revolutionary step for ensuring golden future of the students. Inspired by Delhi’s Schools of Specialized Excellence, in the first phase, 117 existing government schools will be upgraded as ‘Schools of Eminence’.
The Life Insurance Corporation (LIC) of India has launched Jeevan Azad, which is a new plan aimed at individual savings and life insurance. LIC Jeevan Azad is a limited-period payment endowment plan that provides financial support for the family in case of unfortunate death of the life assured during the policy term.