Mr. Shashi Singh will be succeeding Mr. Ramesh Kejriwal as the President of AIRIA.
Prior to assuming the role of President, Mr. Shashi Singh held the position of Senior Vice President within AIRIA.
Mr. Zafar Ahmed, Managing Director of New India Rubber Works Pvt. Ltd. has been elected as the Senior Vice-President of AIRIA for the year 2023-24.
Government-backed National Investment and Infrastructure Fund Limited has appointed Sanjiv Aggarwal as its chief executive officer and managing director.
The National Infrastructure and Investment Fund (NIIF) is India’s first-ever sovereign wealth fund (SWF). The state-owned fund was set up by the Indian Government in the year 2015.
At NIIFL, Aggarwal succeeds Rajiv Dhar, who served as interim CEO and MD.
Stanford University has introduced Mobile ALOHA, a robotic system that advances the capabilities of bimanual mobile manipulation through low-cost whole-body teleoperation. This innovation, which builds upon Google DeepMind’s existing ALOHA system, brings mobility and dexterity to the forefront of robotic learning.
The government has decided to implement the overarching scheme PRITHvi VIgyan (PRITHVI) for 4,797 crore rupees. The Prithvi Scheme is aimed at the augmentation and sustenance of long-term observations of the atmosphere, ocean, geosphere, cryosphere, and solid earth to record the vital signs of the Earth System and change.
Department of School Education & Literacy, Ministry of Education, Government of India has launched ‘Prerana: An Experiential Learning program’, aiming to offer a meaningful, unique, and inspiring experience to all participants, thereby empowering them with leadership qualities.
Ministry of Electronics & Information Technology (MeitY) has launched ERNET India’s newly developed integrated web portal for educational institutes in the country. The portal will offer domain registration, DNS and value-added services viz. Website as a Service (WaaS) and Learning Management as a Service (LMaaS).
Shri Amit Shah urged farmers to cultivate pulses on a large scale to reduce dependency on imports. He assured them that the two cooperatives, the National Agricultural Cooperative Marketing Federation of India Limited (NAFED) and the National Cooperative Consumers’ Federation of India Limited (NCCF) would procure produce at a minimum support price or the market price.
MoEF&CC has submitted three nominations from India for Wetland City Accreditation of Indore (Madhya Pradesh), Bhopal (Madhya Pradesh) & Udaipur (Rajasthan) under the Ramsar Convention on Wetlands. The wetlands situated in and around these cities provide a plethora of benefits to its citizens in terms of flood regulation, livelihood opportunities, and recreational values.
RBI has tweaked norms for the issuance of commercial papers (CPs) and non-convertible debentures of up to one year to regulate short-term investments and ensure transparency in the market.
One of the key changes, slated to take effect from April 1 this year, was that the guidelines mandate issuers to mention the exact end use of the funds raised through the instruments.
State Bank of India (SBI) said it has raised USD 250 million through issuance of the Green Notes to fund sustainable projects. The bank has concluded the successful placement of USD 250 million senior unsecured Green floating rate notes, referred to as 'The Green Notes'.
Researchers at the Indian Institutes of Technology Madras and Kanpur have developed a process to convert waste produced from iron ore mining into an environment-friendly material that can be reused by industry.
This project is of importance to India as while processing iron ore, particles smaller than 0.15 mm generated and are discarded as waste known as slime.
Microsoft introduces an AI button on PC keyboards to launch its AI chatbot, in partnership with OpenAI, capitalizing on generative AI technology. The button will be added to laptops by third-party manufacturers, replacing the right "CTRL" key or menu key.
The Securities and Exchange Board of India (Sebi) has appointed G Ram Mohan Rao as Executive Director (ED) for a period of three years. Rao will be handling the investigation department and the internal inspection department. Prior to the appointment, Rao was the regional director of the Eastern Regional Office of Sebi.
The FinTech sector in India has witnessed a downward trend as it received funding of $2 billion in 2023, a decline of around 63% and 73% compared to previous years, according to a report by data intelligence platform Tracxn. The financial technology sector has raised $5.4 billion in 2022 and $8.4 billion in 2021.
P Santhosh, chief general manager at Canara Bank has been appointed as managing director and chief executive officer of National Asset Reconstruction of India Ltd (NARCL).
Natarajan Sundar, MD and CEO of NARCL resigned from the post.
Canara Bank is the sponsor bank of NARCL with over a 10 per cent stake. Public sector banks are major shareholders of NARCL.