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Daily Archives: December 5, 2023

PM Modi Unveils Shivaji Maharaj Statue at Rajkot Fort in Maharashtra

PM Modi Unveils Shivaji Maharaj Statue at Rajkot Fort in Maharashtra

On December 4, 2023, Prime Minister Narendra Modi marked a historic moment by unveiling the statue of Chhatrapati Shivaji Maharaj at Rajkot Fort in Maharashtra’s Sindhudurg district. This gesture not only pays tribute to the legendary Maratha warrior king but also emphasizes the importance of preserving and celebrating India’s rich maritime heritage. Honoring a Maritime …

ICC Men’s T20 World Cup 2024, 20 Teams Finalized

ICC Men’s T20 World Cup 2024, 20 Teams Finalized

In a groundbreaking achievement, Uganda’s cricket team has earned its place in the ICC Men’s T20 World Cup 2024, securing a top-two finish in the ICC Men’s T20 World Cup Africa qualifier. The team’s impressive performance, particularly the recent nine-wicket victory over Rwanda, marks their debut in a senior ICC World Cup event. Historic Qualification …

Ujjivan SFB partners with Water.org To Offer Water, Sanitation And Hygiene Loans

Ujjivan SFB partners with Water.org To Offer Water, Sanitation And Hygiene Loans

  Ujjivan Small Finance Bank (Ujjivan SFB) has recently unveiled a strategic partnership with Water.org, a renowned global non-profit organization dedicated to providing access to safe water and sanitation through affordable financing solutions. This collaboration holds significant promise for addressing the pressing issue of water and sanitation in India, which boasts the world’s highest population. …

Olympian M. Sreeshankar Clinches 35th Jimmy George Foundation Award

Olympian M. Sreeshankar Clinches 35th Jimmy George Foundation Award

In a celebration of athletic excellence, Olympian M. Sreeshankar has been honored with the prestigious 35th Jimmy George Foundation Award for emerging as the best sportsperson of Kerala. This recognition comes as a testament to Sreeshankar’s outstanding achievements, including securing the long jump silver medal in both the Commonwealth Games and Asian Games. M. Sreeshankar’s …

Bharti Airtel Becomes the 8th Company to Surpass ₹6 Lakh Crore Mcap

Bharti Airtel Becomes the 8th Company to Surpass ₹6 Lakh Crore Mcap

Bharti Airtel, one of India’s leading telecommunications companies, achieved a significant milestone by becoming the 8th company to surpass Rs.6 lakh crore on December 4. This surge was attributed to the positive market sentiment following the Bharatiya Janata Party’s resounding victory in state elections. The company’s stock witnessed a 2% increase during Monday’s trade, contributing …

Mandatory Display of PMAY-U Logo on Houses Ensures Transparency and Accountability

Mandatory Display of PMAY-U Logo on Houses Ensures Transparency and Accountability

In a significant move towards transparency and accountability, the Union Housing and Urban Affairs Ministry has mandated the display of the Pradhan Mantri Awas Yojana – Urban (PMAY-U) logo and beneficiary details on all houses constructed under the scheme. The directive applies to all States and Union Territories, aiming to streamline the implementation of the …

RBI Penalizes Three Banks for Violations: Dhanlaxmi, Punjab and Sind, ESAF

RBI Cancels License Of Kolhapur Based Shankarrao Pujari Nutan Nagari Sahakari Bank Limited

  The Reserve Bank of India (RBI) made a significant move on Monday by canceling the license of Kolhapur-based (Maharashtra) Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji. The apex bank instructed the bank to cease all banking operations, effective from the close of business on December 4, 2023. Prohibition on Banking Business In a …

Bajaj Group Becomes Fifth Conglomerate to Breach ₹10 Lakh Crore in Mcap

Bajaj Group Becomes Fifth Conglomerate to Breach ₹10 Lakh Crore in Mcap

On December 4, 2023, the Bajaj Group achieved a significant milestone by surpassing Rs.10 lakh crore in market capitalization, making it the fifth business houses to attain this feat. This elite club already includes prominent names like Tata, Reliance Industries, HDFC Bank and the Adani Group. Let’s delve into the key factors contributing to this …