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Daily Archives: July 21, 2023

July 21, 2023 -_4.1

Ministry of Culture and Indian Navy signed a MoU to revive the Tankai method

The Ministry of Culture and the Indian Navy have collaborated through a Memorandum of Understanding (MoU) to revive and preserve the ancient 2000-year-old shipbuilding technique known as the ‘stitched shipbuilding method‘ or ‘Tankai method’. What is Tankai Method ? The Tankai method is an ancient shipbuilding technique which entails stitching wooden planks together to build …

July 21, 2023 -_5.1

CM Sukhu launched scheme to economically empower women

CM of Himachal Pradesh announced the launching of a collateral-free loan scheme, namely Sashakt Mahila Rin Yojna to economically empower women. About the scheme: Himachal Pradesh CM Sukhvinder Singh Sukhu launched a new scheme on 20th July to economically empower women. The ‘Sashakt Mahila Rin Yojna’ is an initiative of the Himachal Pradesh State Cooperative …

July 21, 2023 -_6.1

Argentina to acquire light and medium utility helicopters from HAL

The Defence Minister of Argentina visited Bengaluru where he signed a Letter of Intent (LoI) with Hindustan Aeronautics Limited to foster cooperation between the two parties for the acquisition of Light and Medium Utility Helicopters for the armed forces of Argentina. This LoI signifies a commitment to productive collaboration between HAL and the Ministry of …

July 21, 2023 -_8.1

Ashok Leyland bags major orders worth Rs 800 crore from Indian Army

The commercial vehicles manufacturer, Ashok Leyland recently disclosed securing defense contracts valued at Rs 800 Crore. These contracts entail the supply of specialized 4×4 Field,Artillery Tractors and 6×6 Gun Towing Vehicles to the Indian army within the next 12 months. The vehicles are designated for use by the Artillery battalions of the Indian army to …

July 21, 2023 -_9.1

Virat Kohli becomes 10th cricketer to make 500 international appearances

Indian cricketing legend Virat Kohli achieved a significant milestone by becoming the 10th cricketer in history to make 500 international appearances. He reached this remarkable feat during India’s second and final Test match against the West Indies at the Queen’s Park Oval in Port of Spain. With this accomplishment, Kohli joins an elite list of …

First ever “Credit Guarantee Scheme” for Livestock Sector launched for rebooting rural economy by leveraging MSMEs

First ever “Credit Guarantee Scheme” for Livestock Sector launched for rebooting rural economy by leveraging MSMEs

The Indian government has introduced a pioneering “Credit Guarantee Scheme” for the Livestock Sector aimed at revitalizing the rural economy and empowering Micro, Small & Medium Enterprises (MSMEs). The Department of Animal Husbandry & Dairying (DAHD) has established a Credit Guarantee Fund Trust of Rs 750 crore to provide credit guarantee coverage to eligible lending …

July 21, 2023 -_11.1

Jaguar Land Rover appoints Adrian Mardell as CEO for three years

Tata Motors-owned Jaguar Land Rover (JLR) has appointed Adrian Mardell as Chief Executive Officer for a three-year term. He was appointed Interim CEO on November 16, 2022, having been Chief Financial Officer and a member of the JLR Board of Directors for three years prior, Tata Motors said in a regulatory filing. Mardell was appointed …

HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place

HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place

HDFC Bank achieved a significant milestone by surpassing Tata Consultancy Services (TCS) to become the second most valuable company in India based on market capitalization. The recent merger of its parent company HDFC into itself further bolstered the bank’s position. Key Points: HDFC Bank’s Market Capitalization: HDFC Bank’s market capitalization stood at Rs 12,72,718.60 crore, …