Daily News

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Mastercard replaces BharatPe as global sponsor of ICC

The American multinational financial services corporation, Mastercard has replaced BharatPe as the global sponsor of the International Cricket Council (ICC).

The sponsorship pact between ICC & Mastercard is a multi-year arrangement and will cover the upcoming 4 years.

ICC primarily helms a three-year sponsorship and its partnership with BharatPe was kicked off on June 2021.

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Fakhar Zaman, Naruemol Chaiwai crowned ICC players of the month for April

Pakistan batter Fakhar Zaman was named the ICC Men's Player of the month for April while Thailand skipper Naruemol Chaiwai was adjudged best in the women's section after both produced match-winning performances for their countries in the ODIs.

Fakhar becomes the first Pakistan player to win the monthly accolade since Sidra Ameen in November 2022.

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Lionel Messi wins Laureus sportsman of the year, Argentina take best team award

Argentina's World Cup winning captain Lionel Messi was named the Laureus Sportsman of the Year at the awards ceremony in Paris.

Messi also received an award on behalf of the Argentina men's football team, who were named World Team of the Year after their triumph at the 2022 World Cup in Qatar.

Sprint champion Shelly-Ann Fraser-Pryce bagged the top women's honour.

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DGTR Recommends Anti-Dumping Duty On Optical Fibre Imported From China, Korea, Indonesia

The commerce ministry's arm, the Directorate General of Trade Remedies, has recommended the imposition of anti-dumping duty on imports of a certain type of optical fibre from China, Korea, and Indonesia to protect the domestic industry from cheap inbound shipments.

The product is mainly applied to high-data-rate, long-distance, and access network transportation.

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Puma India head Abhishek Ganguly, CFO, head of sales resign; will start own venture

PUMA's India & South East Asia MD Abhishek Ganguly has resigned after serving over 17 years with the German footwear and apparel multinational.

PUMA sales in India are now more than the combined sales of three rival multinationals – Adidas, Nike and Reebok.

According to the sources, in 2023 PUMA India may cross Rs 4,000 crore turnover.

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Marico re-appoints Saugata Gupta as MD & CEO for two years

FMCG major Marico re-appointed Saugata Gupta as Managing Director and Chief Executive Officer for a period of two years with effect from 1 April, 2024 to 31 March, 2026.

He joined Marico in 2004 as the Head of Marketing and was elevated to CEO of India business in 2007. In 2014, he took over as Managing Director of the company.

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Union Bank aims to be third-largest PSB by 2025’

Union Bank of India, one of the leading public sector banks (PSBs) in India, has set an ambitious target to become the third-largest PSB in the country by 2025.

With a focused strategy and strong determination, Union Bank aims to consolidate its position and enhance its market share in the banking industry.

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MD & CEO of Union Bank of India, A.Manimekhalai.

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AIBEA to launch ‘Bank Clinic’ to help retail customers with grievance redress

The All India Bank Employees’ Association (AIBEA) plans to set up an online ‘Bank Clinic’ to assist bank customers with grievance redress.

With the Bank Clinic, AIBERA hopes to earn goodwill of customers’ and give feedback to Banks on the areas where there is deficiency in service

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RBI slaps monetary penalty on two co-operative banks for non-compliance with rules

The Reserve Bank imposed a monetary penalty on two co-operative banks The Trichur Urban Co-operative Bank, Thrissur and Bhilai Nagarik Sahakari Bank Maryadit, Bhilai for non-compliance with banking rules.

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Sebi allows FPIs direct access to exchange-traded commodity derivatives

The Securities and Exchange Board of India allowed stock exchanges to extend direct market access (DMA) facility to foreign portfolio investors (FPIs) in exchange-traded commodity derivatives (ETCDs).

In September last year, the markets regulator had allowed FPIs to participate in ETCDs only for cash settled non-agricultural commodity derivatives contracts and indices.

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ISSF World Cup: India’s Rhythm Sangwan wins bronze medal in Women’s 10 metre air pistol event in Baku

ndia’s Rhythm Sangwan has won the bronze medal in the women’s 10-metre air pistol event at the ISSF World Cup 2023 for rifle and pistol shooters in Baku, Azerbaijan.

It was Sangwan’s first individual senior medal at the shooting World Cup.

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Indian boxers secure historic three medals at World Boxing Championships

Indian boxers have ensured three medals at the World Boxing Championships for the first time as they advanced to the semifinals in Tashkent.

India created history when Deepak Bhoria at 51kg, Mohammed Hussamuddin at 57kg, and Nishant Dev at 71kg emerged victorious in their respective quarterfinal bouts.

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National Technology Day II 11 May

National Technology Day is celebrated every year on May 11.

This day commemorates India's successful nuclear tests that were conducted on May 11th, 1998, at Pokhran, Rajasthan.

It is a day to celebrate the achievements of Indian scientists and engineers who have contributed to the development of technology in various fields

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Union Health Ministry launches SAKSHAM Learning Management Information System

Shri Rajesh Bhushan, Union Health Secretary launched the SAKSHAM (Stimulating Advanced Knowledge for Sustainable Health Management), a Learning Management Information System (LMIS) of MoHFW.

This digital learning platform has been developed by the National Institute of Health & Family Welfare (NIHFW), New Delhi.

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Union Minister Shri Sarbananda Sonowal launches ‘Harit Sagar’ the Green Port Guidelines 2023

To meet the larger vision of achieving Zero Carbon Emission Goal, Ministry of Ports, Shipping & Waterways has launched ‘Harit Sagar’ the Green Port Guidelines.

Harit Sagar Guidelines 2023 envisages ecosystem dynamics in port development, operation and maintenance while aligning with ’Working with Nature’ concept and minimizing impact on biotic components of harbor ecosystem

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35TH EDITION OF INDO-THAI COORDINATED PATROL (CORPAT)

The 35th edition of India-Thailand Coordinated Patrol (Indo-Thai CORPAT) between the Indian Navy and the Royal Thai Navy was conducted from 03 – 10 May 2023.

The 35th Indo-Thai CORPAT is another step towards enhancing Indian Navy’s efforts to consolidate inter-operability and forge strong bonds of friendship between India and Thailand.

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RBI imposes ₹2.92 Cr penalty on Canara Bank

The Reserve Bank of India on Friday has imposed a penalty of ₹2.92 crore on Canara Bank for violation of various norms, including linking interest rates to external benchmark, and opening savings accounts of ineligible entities.

The Reserve Bank of India (RBI) conducted a statutory inspection for supervisory evaluation of the bank with reference to its financial position.

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