Tesla Inc. has appointed India-origin Vaibhav Taneja as its new chief financial officer with immediate effect. Taneja, who is currently the electric carmaker’s chief accounts officer, will take on the additional responsibility of chief financial officer from Zachary Kirkhorn.
Kirkhorn stepped down on Aug. 4, after a 13-year tenure at the world’s most valued carmaker.
Sanjay Kumar Agarwal has taken charge as the new Chairman of the Central Board of Indirect Taxes and Customs (CBIC). He has taken over charge of the post with effect from August 5, 2023. The CBIC, which deals with policy making in indirect taxes - GST, customs, excise, headed by a chairman and has six members in the board.
US-based payments major PayPal announced the launch of a new stablecoin, PayPal USD (PYUSD) which is backed by dollar deposits, US treasuries, and cash equivalents.
It will be issued by Paxos Trust Co to PayPal customers in the United States.
A stablecoin is a type of cryptocurrency that is designed to have a stable value, typically pegged to a stable asset or reserve.
Postal Life Insurance (PLI), has initiated the 'Direct Incentive Disbursement' for its sales force in the Delhi and Uttarakhand circles. The insurance sector player has taken the step in order to benefit its sales staff. Through this agents will be able to seamlessly receive the transfer of their commissions directly to their Post Office Savings Bank Accounts.
National e-Governance Division (NeGD), under its Capacity Building scheme, organised the 39th CISO Deep-Dive training programme from August 7th-11th 2023 with 25 participants from Central Line Ministries at Indian Institute of Public Administration in New Delhi. The purpose is to spread awareness, build capacity to create a cyber resilient eco system.
The World Health Organization formally recognized Iraq as the 18th country to have successfully eliminated trachoma as a public health hazard. This accomplishment also places Iraq as the fifth country in the WHO's Eastern Mediterranean Region to reach this milestone. The WHO has designated Iraq as the 50th country to have eradicated at least one Neglected Tropical Diseases
Over 5.25 crore subscribers have enrolled in Atal Pension Yojana (APY), the government's flagship social security programme launched in 2015 with the objective of delivering old-age income security to all citizens of India, particularly to the workers in the unorganised sector. As of date, the total assets under management (AUM) in APY is more than Rs 28,434 crore.
In a first-of-its-kind instance, the government has extended the tenure of Indian Oil Chairman & Managing Director (CMD) Shri Shrikant Madhav Vaidya, for a period of one year beyond the date of his superannuation, i.e. w.e.f. 01.09.2023 till 31.08.2024.
The decision to extend Vaidya’s tenure was authorized by the Appointments Committee of the Cabinet (ACC).
LifeCare Group, led by the visionary Jayesh Saini, is proud to announce its remarkable achievements in expanding healthcare services across East Africa. Jayesh Saini's leadership and commitment to expanding healthcare services have been recognized globally as he receives the prestigious Global Leader Award 2023 - Global Indian of the Year 2023.
India has launched an Autonomous Underwater Vehicle called ‘Neerakshi’ for detecting underwater mines.
Neerakshi is an autonomous underwater vehicle (AUV) designed to detect mines.
It is a collaboration of Garden Reach Shipbuilders and Engineers (GRSE) Ltd and Aerospace Engineering Private Ltd (AEPL).
Life Insurance Corporation of India (LIC) introduced a new term assurance plan—Jeevan Kiran.
LIC Jeevan Kiran is an individual, savings, and life Insurance plan.
This plan is available for individuals from 18 years to 65 years, offers life cover with return of premium. It has a minimum sum assured of ₹15 lakh for moderate life cover.
The policy term varies from 10 years to 40 years.
The Rajya Sabha on Monday passed the contentious Government of NCT of Delhi (Amendment) Bill, 2023 - which seeks to dilute the powers of the Delhi Government over services.
The Bill seeks to establish a permanent authority named "National Capital Civil Service Authority" to control of civil servants.
It was already approved by Lok Sabha on August 03.
World No. 1 men's doubles pair of Pramod Bhagat and Sukant Kadam won a gold medal in SL3-SL4 category in the Four Nations Para-Badminton International- 2023 in Sheffield, England, defeating compatriots Deep Ranjan Bisoyee and Manoj Sarkar 21-17 21-17.
Bhagat also secured a silver in the singles SL3 category, as also a silver in mixed doubles SL3- SU5 category with Manisha
In order to boost liquidity, the Securities and Exchange Board of India (SEBI) has mandated foreign portfolio investors (FPIs) to place at least 10 per cent of their trades in corporate bonds through the Request For Quote (RFQ) platform of stock exchanges. The requirement will come into force from October 1, 2023. RFQ, was launched on BSE and NSE in February 2020.