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LIC gets nod from RBI to raise HDFC Bank stake to 9.99%

HDFC Bank announced that the Reserve Bank of India (RBI) has granted approval for the Life Insurance Corp. of India (LIC) to acquire an additional 4.8% stake in the country’s largest private sector lender. LIC currently holds a 5.19% stake in HDFC Bank.

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Samina Hamied of Cipla steps down from her executive role

Samina Hamied, executive vice-chairperson of Cipla, announced her decision to step down from her executive role due to personal and family commitments. She will continue to serve as a non-executive director of the company. Hamied in a company's statement to stock exchanges said she will continue to serve as non-executive director of the company.

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Four companies get Sebi’s nod to launch IPOs

Entero Healthcare Solutions, JNK India, Exicom Tele-Systems and Akme Fintrade (India) have received markets regulator Sebi’s approval to raise funds through initial public offerings. However, the Securities and Exchange Board of India has returned the IPO papers of Stallion India Fluorochemicals.

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Bhavish Aggarwal's AI startup Krutrim turns unicorn after raising $50 mn

Krutrim, an artificial intelligence (AI) venture co-founded by Bhavish Aggarwal of Ola, on Friday announced that it has achieved unicorn status — a term used to describe startups valued at $1 billion or above — following its inaugural funding round.

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International Day of Clean Energy | 26 January

The International Day of Clean Energy on 26 January was declared by the General Assembly (resolution A/77/327) as a call to raise awareness and mobilize action for a just and inclusive transition to clean energy for the benefit of people and the planet.

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26 January is also the founding date of the International Renewable Energy Agency (IRENA)

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International Day of Commemoration in memory of the victims of the Holocaust | 27 January

United Nations General Assembly Resolution 60/7 that established the Holocaust and the United Nations Outreach Programme, also designated 27 January as an annual International Day of Commemoration in memory of the victims of the Holocaust – observed with ceremonies and activities at United Nations Headquarters in New York and at United Nations offices around the world.

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Joint military exercise - SADA TANSEEQ between India & Saudi Arabia to be held in Rajasthan

The joint military exercise - SADA TANSEEQ between India and Saudi Arabia will be held from 29 January in Rajasthan. The exercise aims to enhance synergy, interoperability and jointmanship by learning and sharing best practices between the Armies of both nations. The exercise will continue till the 10th February.

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Tata group, Airbus team up to make helicopters; Thales' MRO on cards

The Tata group and European aerospace company Airbus have signed an agreement to manufacture H125 civilian helicopters together in India. This announcement came as India and France adopted a joint defence production road map and an agreement on defence space partnership, following talks between Prime Minister Narendra Modi and French President Emmanuel Macron.

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Jharkhand govt brings down age for enrolling in pension scheme to 50

The Jharkhand cabinet has recently approved the proposal of including all women, tribals and Dalits above 50 in its old-age pension scheme.

Earlier, those above 60 years used to get the benefit of the scheme, under which Rs 1,000 is provided to each beneficiary per month.

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Female enrolment in Higher Education in 2021-22 sees an increase of 32 pc since 2014: AISHE survey

The Ministry of Education has released the All India Survey on Higher Education (AISHE) 2021-2022 which said that female enrolment in Higher Education increased to 2.07 crore in 2021-22 from 1.57 crore in 2014-15 (an increase of 50 lakh students, 32 per cent increase).

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IREDA Releases Vigilance Journal 'Pahal'

Indian Renewable Energy Development Agency (IREDA), Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has unveiled released 'Pahal'- the insightful house journal of its Vigilance Department. The journal has been unveiled by Chairman & Managing Director of IREDA, Shri Pradip Kumar Das on January 25, 2024.

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100 new biogas plants soon to be established in UP: Hardeep Puri

Union Petroleum Minister Hardeep Singh Puri announced the establishment of 100 new biogas plants in Uttar Pradesh. A new compressed biogas plant was inaugurated in Budaun, with the foundation stone being laid for new plants in eight other districts. The Budaun plant, developed on 50 acres with an investment of about Rs 135 crore, will produce 14 tonne of compressed biogas.

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Thiruvananthapuram airport bags excellence award

Thiruvananthapuram International Airport has been selected for the prestigious Excellence Award by Quality Circle Forum of India in the recent National Convention on Quality Concepts 2024 in Nagpur, Maharashtra. The TIA was selected for the recognition based on its continuous improvement initiatives undertaken for airport operations.

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Oil regulator PNGRB launches drive to increase piped gas adoption

Oil regulator PNGRB has launched a two-month long nationwide drive to increase adoption of piped natural gas as a cooking fuel in household kitchens in an attempt to cut dependence on imported fossil-fuels. "The Petroleum and Natural Gas Regulatory Board (PNGRB) along with city gas distribution entities will run a campaign from January 26 to March 31.

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Padma Awards 2024

Padma Awards - one of the highest civilian Awards of the country, are conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma Shri. These Awards are conferred by the President of India at ceremonial functions which are held at Rashtrapati Bhawan usually around March / April every year.

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ISRO's unique & inexpensive space platform POEM-3 achieves all payload objectives

ISRO said on Saturday its space platform, POEM-3, has successfully achieved all its payload objectives. POEM-3 (the PSLV Orbital Experimental Module-3) uses the spent PS4 stage of the PSLV-C58 rocket that launched XPoSat on January 1 this year.

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Flipkart co-founder Binny Bansal exits board, launches new startup OppDoor

Flipkart Co-Founder Binny Bansal has officially exited the board of the Walmart-owned e-commerce firm, which he founded along with Sachin Bansal 16 years ago. The move comes months after he sold his remaining stake in the firm.

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