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Monthly Archives: March 2022

March, 2022 - - Part 4_5.1

NARCL received a Rs 108.81 crore investment from Bank of India

On March 21, the Bank of India (BoI) announced a Rs 109 crore investment in National Asset Reconstruction Company Ltd. (NARCL). In a regulatory statement, the bank stated, “We thus announce that on March 21, 2022, the bank invested Rs 108.81 crore in National Asset Reconstruction Company Ltd (NARCL) under preferential share issue.” Buy Prime …

March, 2022 - - Part 4_6.1

SIDBI partnered with Meghalaya to grow the MSME ecosystem

The Small Industries Development Bank of India (SIDBI), a financial institution for Micro, Small and Medium Enterprises (MSME), has announced that it has signed a Memorandum of Understanding (MoU) with the Government of Meghalaya’s Meghalaya Infrastructure Development and Finance Corporation Ltd. [MiDFC] to develop the state’s MSME ecosystem. Buy Prime Test Series for all Banking, …

March, 2022 - - Part 4_7.1

PVR & INOX Leisure announced merger combined entity to be called PVR Inox Ltd

Multiplex companies INOX Leisure Ltd and PVR Ltd have announced the merger of their two companies. Inox will have a 16.66% stake in the new firm and PVR will have a 10.62% stake. After the formalities of the merger, the company will be known as PVR Inox Limited. Ajay Bijli will be Managing Director of …

March, 2022 - - Part 4_8.1

Shashi Sinha named as new Chairman of Broadcast Audience Research Council India

The board of Broadcast Audience Research Council (BARC) India has elected IPG Mediabrands India CEO Shashi Sinha as the new chairman. He will take over from Punit Goenka, who served as chairman of the TV viewership measurement agency for the last three years. Sinha, who also represents the Advertising Agencies Association of India as its …

March, 2022 - - Part 4_9.1

Gilbert Houngbo named next Director-General of International Labour Organization

Gilbert Houngbo from Togo will be the next Director-General of the International Labour Organization (ILO). Houngbo was elected by the UN agency’s governing body, comprising representatives of governments, workers and employers during their meeting in Geneva. Houngbo, former Prime Minister of Togo, will be the 11th head of the agency and the first African to …

March, 2022 - - Part 4_10.1

The men’s and women’s team has won gold in the National Cross Country Championship

In Kohima, Darshan Singh of the Services and Varsha Devi of the Railways finally defended their men’s and women’s titles in the National Cross Country Championships by winning their 10 Km events on the picturesque but difficult course, which was made more difficult by 60 per cent humidity and wind gusts. Buy Prime Test Series for …

March, 2022 - - Part 4_12.1

RBI Governor dedicates Varnika Ink Manufacturing Unit of BRBNMPL

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has set up an Ink Manufacturing Unit named “Varnika” at Mysuru, Karnataka, with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) a wholly-owned subsidiary of RBI. Shaktikanta Das (Governor of RBI) has dedicated …