Koji Sato, the automaker's 53-year-old chief branding officer, who is also president of Toyota's luxury brand Lexus, will take over as chief executive from April 1, as Akio Toyoda becomes chairman.
The current chairman Takeshi Uchiyamada will drop his chairman title but remain on the board.
Toyota Founder: Kiichiro Toyoda.
Tata Chemicals Europe (TCE) and Vertex Hydrogen have signed an offtake agreement for the supply of over 200 megawatts of low carbon hydrogen.
Under the new pact, Vertex will supply TCE with hydrogen as the chemicals manufacturer continues to decarbonise its operations in the UK with a target of achieving “net zero” manufacturing by 2030.
Vertex Hydrogen is a joint venture between Essar Oil UK and Progressive Energy.
RBI released a discussion paper on the securitisation of stressed assets framework as a way to improve the quality of the sale and resolution of such accounts.
Currently, the sale of bad loans takes place under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, or Sarfesi Act, through the asset reconstruction companies.
Microsoft Corp. is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT.
The deal will give a boost to Microsoft’s Azure cloud, while providing OpenAI with additional specially designed supercomputers to run its complex AI models and fuel its research.
Azure will remain the exclusive cloud provider for OpenAI, the company said.
Investment in the Indian capital markets through participatory notes slightly dropped to Rs 96,292 crore at the end of Dec. 2022 from the preceding month on higher valuation of domestic markets.
Investment via P-notes normally moves in line with FPI investment. When there is a global risk to the environment, investment through P-notes increases and vice-versa.
Union Health Minister Dr. Mansukh Mandaviya today unveiled world’s first intranasal COVID-19 vaccine, iNNCOVACC in New Delhi. It is developed by Bharat Biotech International Limited in collaboration with Biotechnology Industry Research Assistance. iNNCOVACC is the world’s first intranasal Covid vaccine to get approval for the primary 2-dose schedule and as a booster dose.
The 30th National Child Science Congress began in Ahmedabad, Gujarat. The five-day event organized at Science City will conclude on 31st January. The program will be hosted by the Gujarat Council on Science and Technology, the Gujarat Council of Science City, and SAL Education. More than 1400 delegates including child scientists, teachers will attend the congress.
The 8th edition of India International Science Festival was held at Bhopal.
International Day of Commemoration in Memory of the Victims of the Holocaust is observed on January 27. It is the anniversary of the liberation of the Auschwitz-Birkenau concentration camp. The United Nations Holocaust memorial ceremony in the United Nations General Assembly Hall will be under the theme ‘Home and Belonging’ for 2023.
The 2023 edition of Indian Navy’s major maritime exercise TROPEX, is currently underway in the Indian Ocean Region. This operational level exercise is conducted biennially and witnesses participation not only by all Indian Navy units but also of Indian Army, Indian Air Force and Coast Guard assets. TROPEX 23 is being conducted over a duration of three months from Jan - Mar.
President Droupadi Murmu has approved 412 Gallantry awards and other Defence decorations to Armed Forces personnel and others. These include six Kirti Chakras, including four posthumous, and 15 Shaurya Chakras including two posthumous. These include one Bar to Sena Medal (Gallantry), 92 Sena Medal, including four posthumous, one Nao Sena Medal (Gallantry),7 Vayu Sena Medal.
It includes 29 Param Vishisht Seva Medals.
In the recently concluded 12th Session of the Intergovernmental Technical Working Group on Animal Genetic Resources at Rome. India was elected as Vice-chair and represented Asia & Pacific region. In 12th Session of ITWG, implementation of the Global Plan of Action for Animal Genetic Resources, monitoring of AnGR diversity and preparing the 3rd Country Report were reviewed.
FAO Headquarters: Rome, Italy
FAO Founded: 16 October 1945, Québec City, Canada
A swallowtail butterfly disappearing from its previously known ranges from Myanmar and southern China to Vietnam has been recorded for the first time in India. Three butterfly enthusiasts – Atanu Bose, Loren Sonowal and Monsoon Jyoti Gogoi – recorded the “extremely rare” Noble’s Helen (Papilio noblei) from three locations in the Namdapha National Park of Arunachal Pradesh.
Kaiser-i-Hind is Arunachal's State butterfly
India and Egypt signed an MOU to facilitate content exchange, capacity building, and Co-Productions between Prasar Bharati and National Media Authority of Egypt. The MOU is part of the efforts by Prasar Bharati to expand the reach of DD India Channel to show-case the country’s progress through programs focussed on economy, technology, social development & also rich culture.
Tata Motors has announced its partnership with ICICI Bank to offer dealer financing solutions to its authorised passenger EV dealers. Under this scheme, ICICI Bank will provide inventory funding to the authorised passenger EV dealers. This inventory funding is in addition to the Bank’s funding to dealers for diesel and petrol models.
JPMorgan Chase & Co. has received approval from India’s central bank to name Prabdev Singh as the lender’s chief executive officer in the country. The Reserve Bank of India last week approved a three-year term for Singh. Singh had been JPMorgan’s interim CEO since November, replacing Madhav Kalyan who — in October — was named head of payments for Asia Pacific.
The Jal Jeevan Mission, which aims to provide tap water supply to households with a special focus on women and children by 2024, achieved the 11 crore mark of tap connections. Since August 2019, Government of India in partnership with States is implementing Jal Jeevan Mission -Har Ghar Jal to make provision of potable water to every rural household of the country by 2024.
Indian-American astronaut, Raja J Chari, 45, has been nominated by US President Joe Biden for an appointment to the grade of Air Force Brigadier General.
Chari is currently serving as the Crew-3 commander and astronaut at the National Aeronautics and Space Administration, Johnson Space Center, Texas.
Brigadier General (BG) is a one-star General Officer rank of the United States Air Force.
In a bid to provide education to all, a resolution titled "Education for Democracy" has been adopted by the United Nations General Assembly (UNGA). The resolution that was co-sponsored by India reaffirms the right of everyone to education for the strengthening of democracy.
UNGA Headquarters: New York.
UNGA Founded: 1945, New York.