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Daily Archives: December 7, 2020

December 7, 2020 -_4.1

PNB launches loan management solution ‘LenS-The Lending Solution’

Punjab National Bank (PNB) has launched a tech-based loan management solution ‘LenS-The Lending Solution’, to speed up and maintain accuracy in online loan processing and sanctioning of credit proposals. It is envisaged to be implemented in a phased manner for all kinds of loans. Under the Mudra scheme, the processing and sanction of credit proposals …

December 7, 2020 -_5.1

ADB approves $190 million loan to upgrade power distribution in Bengaluru

The Manila-based Asian Development Bank (ADB) has approved a loan of $190 million (approx Rs 1,400 crore) to modernize and upgrade the power distribution system in Bengaluru, Karnataka. The financial-assistance by ADB will be used for the Bengaluru Smart Energy Efficient Power Distribution Project. WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and …

December 7, 2020 -_7.1

Serum Institute’s Adar Poonawalla named as 1 of 6 “Asians Of The Year”

Adar Poonawalla, the Chief Executive of the Pune-based Serum Institute of India (SII), has been named among six “The Straits Times Asians of the Year” for 2020, by Singapore’s leading daily, The Straits Times, for their work in fighting the COVID-19 pandemic. SII has collaborated with the University of Oxford and the British-Swedish pharmaceutical company …

December 7, 2020 -_10.1

New Zealand all-rounder Corey Anderson retires from all forms of Cricket

New Zealand all-rounder, Corey Anderson has announced his retirement from international cricket. Anderson has played 13 Tests, 49 ODIs and 31 T20Is for New Zealand, scoring 2277 runs with two hundred and 10 half-centuries and 90 wickets. Anderson has signed a 3-year contract with Major League Cricket (MLC) in the USA, where he will serve …

December 7, 2020 -_12.1

Pixxel to launch remote-sensing satellite on ISRO rocket

  The Bengaluru-based space-technology start-up Pixxel, has signed a pact with the Indian Space Research Organisation (ISRO) to launch its first remote-sensing satellite on Isro’s workhorse Polar Satellite Launch Vehicle (PSLV) rocket in early 2021. Earlier, the startup had planned to launch this satellite towards the end of 2020 and on a Russian Soyuz rocket. …