The Financial Services Institutions Bureau, the headhunter for directors of state-owned banks and financial institutions, selected Siddhartha Mohanty to head insurance behemoth LIC. As per the guidelines, the chairman is selected from the four managing directors of the company.
FSIB, the six members panel, is headed by Sh. Bhanu Pratap Sharma.
CRIF Connect Pvt., a subsidiary of credit bureau CRIF High Mark's parent company, has received the Reserve Bank of India's approval for setting up the business of account aggregators in India.
Account aggregators collect and share financial information from entities that store user data with entities that request it.
Competition Commission of India has given approval under the green channel route to Abu Dhabi Investment Authority for acquiring a stake in Lenskart Solutions Pvt.
The proposed transaction relates to the proposed acquisition of a certain shareholding of Lenskart Solutions by Platinum Jasmine A 2018 Trust (Platinum Jasmine).
The first contract worth over Rs 2,800 crore pertains to the supply of Medium Power Radars 'Arudhra', and the second, at an overall cost of around Rs 950 crore, relates to 129 DR-118 Radar Warning Receivers. Both projects are under the 'Buy Indian–IDMM (Indigenously Designed Developed and Manufactured)' category.
Fair trade regulator CCI approved LIC Mutual Fund's acquisition of IDBI Mutual Fund. Life Insurance Corporation of India is the sponsor of LIC Mutual Fund and the parent entity of LIC AMC and LIC TC.
Post transaction, the schemes of IDBI MF will form part of LIC MF with LIC AMC acting as the asset management company for the schemes of IDBI MF.
Out of the total 168.96 GW, 64.38 GW is solar power capacity, 51.79 GW is hydropower, 42.02 GW is wind power, and 10.77 GW is biopower, R K Singh, Union Minister for Power, New and Renewable Energy, said
Another 82.62 GW of green energy capacity is under implementation, and another 40.89 GW of capacity is in various stages of tendering.
Union Minister of Agriculture & Farmers Welfare, Shri Narendra Singh Tomar launched National Crop Insurance Portal’s digitized claim settlement module namely DigiClaim under the ambit of Pradhan Mantri Fasal Bima Yojana (PMFBY).
The Union Minister also mentioned that till date Rs 1.32 lakh crore claim amount has been disbursed to the insured farmers under PMFBY.
The Government of Uttar Pradesh and Quality Council of India, in collaboration with industry associations - ASSOCHAM, FICCI, IIA and PHDCCI - launched the Uttar Pradesh Gunvatta Sankalp (Uttar Pradesh Quality Mission) at Lucknow.
Through this initiative, QCI is increasing its depth into the grassroots to impact real change for improving the life of every Indian citizen.
Jaxay Shah, Chairperson, Quality Council of India(QCI).
The Unique Identification Authority of India (UIDAI) and Society for Electronic Transactions and Security (SETS), part of the Office of the Principal Scientific Adviser to the Government of India, agreed to collaborate and do joint R&D leading to development of tools and products in deep tech domains.
UIDAI has issued over 1.36 billion Aadhaar numbers to residents.
Chief Executive Officer(CEO) of UIDAI- Saurabh Garg.
Union Minister for Ports, Shipping and Waterways (MoPSW) and Ayush Shri Sarbananda Sonowal virtually launched Real-time Performance Monitoring Dashboard of MoPSW 'Sagar Manthan' – Digital platform having all the integrated data related to the ministry and other subsidiaries.
It was inaugurated in the presence of Shri Shripad Y. Naik, MoS, MoPSW.
The Indian team's star hockey player, Rani Rampal, has become the first woman in the sport to have a stadium named after her, in Rae Bareli. The MCF Rae Bareli has renamed the hockey stadium "Rani's Girls Hockey Turf".
Larsen & Toubro (L&T),an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, have entered into an Electrolyzer Manufacturing Binding Agreement with McPhy Energy , a France-based leading electrolyzer technology and manufacturing company, for a long-term partnership to explore the opportunities unfolding in the emerging Green Hydrogen market.
On the occasion of World Tuberculosis Day, Sh. Modi addressed the One World TB Summit being organised by the Ministry of Health and Family Welfare (MoHFW) and Stop TB Partnership, a United Nations-hosted organisation.
He launched various initiatives, including the TB-free panchayat initiative, official rollout of a shorter TB Preventive Treatment (TPT).
Theme for World Tuberculosis Day 2023: "Yes! We can end TB!".