Ramesh Abhishek Appointed As New Secretaries Of DIPP
RBI & UAE Central Bank Sign Pact For Currency Swap
The Reserve Bank Of India (RBI) on Friday signed a pact with the Central Bank of the United Arab Emirates (UAE) to enter into a Currency Swap Agreement, which is aimed at strengthening economic ties with the Gulf nation. The MoU was signed between RBI chief Raghuram Rajan and UAE’s Central Bank Governor Mubarak Rashed Al Mansoori.
Ernst & Young Entrepreneur Of The Year Award 2015
Chief Executive Officer Vinita Gupta and managing director Nilesh Gupta, Lupin Ltd have been chosen the EY Entrepreneur Of The Year 2015. They have brought about a phenomenal transformation at the pharma company
with spectacular growth in global and domestic markets while also
creating tremendous value for stakeholders in a relatively short span of
time. Ms. Vinita and Mr. Nilesh Gupta will now represent India at the
EY World Entrepreneur of the Year Award (WEOY) in Monte Carlo from 7-12
June 2016. An 11-member jury led by Adi Godrej selected the winners.
MOU Signs Between NRDC & IICB To Promote Entrepreneurship
To promote start-ups and entrepreneurship, the Indian Institute of Chemical Biology (IICB) and National Research Development Corporation (NRDC), both arms of the DSIR, have signed an MoU to facilitate industry-institute partnership. The MoU have been signed by Dr H. Purushotham, CMD of NRDC and Director, CSIR-IICB Prof. Samit Chattopadhyay in the presence of the Dr Harsh Vardhan, Union Minister of S&T and Earth Sciences and Dr Rabiranjan Chattopadhyay, West Bengal Minister for Science, Technology & Biotechnology.
Discovery Of The Centuary : Gravitational Waves
Scientists
have observed a stunning discovery in their quest to fully understand
gravity. They have observed the warping of space time generated by the
collision of two black holes more than a billion light-years from Earth.
The scientist team says the first detection of these gravitational
waves will usher in a new era for astronomy. But the gravitational waves
were predicted by Albert Einstein in his general theory of relativity
100 years ago in 1915. The gravitational waves were detected on
September 14, 2015 by LIGO detectors, located in Livingston, Louisiana, and Hanford, Washington, USA.
Kavita Raut Clinched Gold In SAG Marathon
India long distance runner Kavita Raut clinches gold in marathon. The 30 year old Raut easily clinched the marathon gold in 2 hours 38 minutes and 38 seconds to become the 4th Indian women to have qualified for Rio Games women’s marathon.
The Rio Games women’s marathon qualification standard stands at
2:42:00. Nashik girl Raut is the lone athlete to have qualified for the
Olympics from the 12th SAG.
Friday, 12 February 2016
Chhattisgarh And Railway Signed Joint Venture For Infrastructure Development
Indian
Railway signed a Memorandum of Understanding (MoU) with Chhattisgarh
Government to establish a joint venture ( JV ) for laying tracks and
expedite implementation of railway projects in the state. With this
Chhattisgarh became 5th state to join hands with the Indian Railways for
speedy execution of rail projects through JV route.
Wipro To Buy US Healthcare Services
Global software major and India's 3rd largest exporter Wipro has made an announced buying "HealthPlan Service" business in the US for $460 million (Rs.3,150 crore). HealthPlan
Services is a leading independent technology and Business Process as a
Service (BPaaS) provider in the US health insurance market that offers
solutions to health insurance firms. The company was founded in 1970 and
currently generates annual revenue of 223 million dollars and employs
over 2,000 associates. By
partnering with HealthPlan, Wipro will have first-mover advantage in
the high growth public and private exchange space for individual, group
and ancillary markets.
Railway Minister Suresh Prabhu Launches 3 IT Enabled Apps
Under the Digital India programme,
the Union Ministry of Railway has launched 3 Information Technology
enabled apps to bring the transparency in system on the sidelines of
Digital India initiative. These apps were launched by Union Railway Minister Suresh Prabhakar Prabhu in Mumbai through Video Conferencing.
Amazon To Invest In Westland ( A Tata Group Company )
Ecommerce giant Amazon has made an investment in Westland, a Trent Ltd subsidiary ( Tata Group )
in support of its publishing business. The investment will help to
expand its international reach and scale its physical and digital book
businesses. Westland had also signed a two-month exclusive deal with
Amazon to sell the book through its online platform.