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Daily Archives: May 20, 2021

May 20, 2021 -_3.1

China successfully launches new ocean observation satellite Haiyang-2D

May 20, 2021

China has successfully sent a new ocean-monitoring satellite into orbit as part of its effort to build an all-weather and round-the-clock dynamic ocean environment monitoring system that would provide early warning on marine disasters. The satellite was launched by a Long March-4B rocket carrying the Haiyang-2D (HY-2D) satellite from the Jiuquan Satellite Launch Centre in …

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May 20, 2021 -_6.1

CCI approves sale of YES Bank’s MF subsidiaries to GPL Finance

May 20, 2021

Competition Commission of India (CCI) has approved the acquisition of YES Asset Management (India) Limited (YES AMC) and YES Trustee Limited (YES Trustee) by GPL. GPL Finance and Investments Limited (GPL) will acquire 100% equity shares of YES AMC and YES Trustee. Buy Prime Test Series for all Banking, SSC, Insurance & other exams GPL …

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May 20, 2021 -_7.1

West Bengal government approved setting up of Legislative Council

May 20, 2021

The West Bengal cabinet, chaired by Chief Minister Mamata Banerjee, has approved the formation of the Legislative Council. At present, only Andhra Pradesh, Karnataka, Telangana, Maharashtra, Bihar, and Uttar Pradesh have Legislative Council. Previously, West Bengal had a bicameral legislature but it was abolished by the United Front government in 1969. Buy Prime Test Series …

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May 20, 2021 -_8.1

World Metrology Day observed globally on 20th May

May 20, 2021

World Metrology Day is observed globally on 20th May every year. Many nations on this day, internationally collaborate to create awareness about metrology and its advancement in the respective field. The theme for World Metrology Day 2021 is Measurement for Health. This theme was chosen to create awareness of the important role measurement plays in health, and thus …

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May 20, 2021 -_9.1

India’s Adani Green to buy SoftBank-backed SB Energy in $3.5 billion deal

May 20, 2021

Indian renewable energy company, Adani Green Energy Ltd (ADNA.NS) would buy SoftBank Group Corp-backed (9984.T) SB Energy Holdings Limited for an enterprise value of $3.5 billion. It would buy the 80% stake held by SoftBank Group Capital Limited and the rest owned by Indian conglomerate Bharti Global Limited in a cash deal. The deal would …

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May 20, 2021 -_10.1

Google floats News Showcase in India with top publishers

May 20, 2021

Google has announced the launch of its global licensing programme News Showcase in India. Google has sealed agreements with 30 Indian publishers to offer access to some of their content. Amid mounting pressure from the global media fraternity asking for a fair price and advertising share from technology platforms. Buy Prime Test Series for all …

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May 20, 2021 -_11.1

DNA sequencing pioneers from Cambridge win 1 million euro tech Nobel prize

May 20, 2021

Two British chemists who developed a super-fast DNA sequencing technique that paved the way for revolutionary healthcare advances were awarded Finland’s version of the Nobel science prizes. Cambridge University professors Shankar Balasubramanian and David Klenerman took home the 1 million euro ($1.22 million) Millennium Technology Prize for their work over 27 years creating ever faster …

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May 20, 2021 -_12.1

India is the 2nd largest insurance-technology market in Asia-Pacific

May 20, 2021

India is the second-largest insurance technology market in Asia-Pacific and accounts for 35 per cent of the $3.66 billion insurtech-focused venture capital invested in the region, according to S&P Global Market Intelligence data. The data showed that at least 335 private insurtechs are operating in Asia-Pacific, with about 122 of them disclosing $3.66 billion in …

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May 20, 2021 -_13.1

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