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Daily Archives: June 29, 2023

June 29, 2023 -_3.1

Micron, Gujarat govt ink deal to set up semiconductor plant

Introduction Micron Technology Inc, a US-based semiconductor manufacturer, has signed a Memorandum of Understanding (MoU) with the Gujarat government to set up a state-of-the-art semiconductor unit in Sanand, near Ahmedabad. The project, valued at Rs 22,500 crore, marks a significant milestone in India’s journey towards self-reliance in memory chip manufacturing. The MoU signing ceremony was …

June 29, 2023 -_4.1

Canara Bank Offers UPI Payments Through RuPay Credit Cards

Introduction Canara Bank, in collaboration with the National Payments Corporation of India (NPCI), has announced that its customers can now utilize their RuPay Credit Cards on the Unified Payments Interface (UPI) platform. This joint initiative aims to provide safe, secure, and convenient payment transactions for Canara Bank customers. The introduction of RuPay Credit Cards on …

June 29, 2023 -_5.1

Deloitte appoints former SoftBank India head Manoj Kohli as senior advisor

Deloitte appoints former SoftBank India head Manoj Kohli Deloitte has hired Manoj Kohli, an experienced professional, as a senior advisor. With a remarkable career spanning 44 years and encompassing 30 countries, Kohli held significant positions such as the Country Head of Softbank India. During his tenure, he played a crucial role in expanding the firm’s …

June 29, 2023 -_6.1

GAIL Achieves Authorized Economic Operator (AEO) T3 Status

Introduction GAIL India Limited, a leading natural gas company in India, has been bestowed with the prestigious Authorised Economic Operator (AEO) T3 status by the Central Board of Indirect Taxes and Customs, Ministry of Finance. This recognition marks the highest level of facilitation for exporters and importers, positioning GAIL as a trusted and secure participant …

June 29, 2023 -_7.1

TS Singh Deo appointed Chhattisgarh Deputy Chief Minister

TS Singh Deo was appointed Chhattisgarh Deputy Chief Minister by Congress chief Mallikarjun Kharge. Singh Deo’s appointment was announced in a review meeting held to discuss the upcoming Chhattisgarh Assembly elections at the Congress headquarters in Delhi. In 2018, when the Congress returned to power in Chhattisgarh after 15 years, a war of supremacy had …

June 29, 2023 -_9.1

World Bank President Ajay Banga Named In 2023 List Of Great Immigrants

Ajay Banga, the President of the World Bank, has been recognised on the Carnegie Corporation of New York’s annual “Great Immigrants” list. He is lauded for his contributions and efforts in enriching America and its democracy. With over 30 years of experience in key positions, 63-year-old Banga is expected to usher in transformative policies at …

June 29, 2023 -_10.1

Hemis Festival Ladakh 2023

Introduction The Hemis Festival in Ladakh is a renowned religious celebration that attracts numerous tourists to the picturesque region of Leh. Dedicated to the birth anniversary of Lord Padmasambhava, the festival offers a mesmerizing experience of Tibetan Tantric Buddhism. With its two-day extravaganza, Hemis Festival offers a captivating display of Cham Dance, traditional performances, and …

Meta Launches $250K Mixed Reality Fund for 5 Indian Startups

Meta Launches $250K Mixed Reality Fund for 5 Indian Startups

Meta has announced the launch of a new Mixed Reality (MR) program in India, offering a $250,000 award to support homegrown startups and developers in building applications and experiences. The program aims to foster innovation and establish a national XR technology ecosystem, with selected participants receiving monetary grants, mentoring from Meta Reality Labs specialists, and …

June 29, 2023 -_12.1

India ranked 67th on Energy Transition Index, Sweden on top: WEF

Introduction India has secured the 67th position in the World Economic Forum’s (WEF) energy transition index, making it the only major economy to witness an acceleration across all dimensions. The report, developed in collaboration with Accenture, highlights India’s significant improvements in achieving a secure and sustainable energy transition, reducing energy and carbon intensity, increasing renewable …