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Daily Archives: December 16, 2023

UK Government Considers Social Media Limits For Under-16s

UK Government Considers Social Media Limits For Under-16s

  The digital age has ushered in unprecedented connectivity but also raised concerns about the potential harm children may face on social media platforms. The UK government, led by Prime Minister Rishi Sunak, is contemplating additional measures to protect teenagers below the age of 16 from online dangers, despite the recent implementation of the Online …

MoD Seals Rs 5,336.25 Crore Deal With BEL For 10-year Supply Of Electronic Fuzes

MoD Seals Rs 5,336.25 Crore Deal With BEL For 10-year Supply Of Electronic Fuzes

  The Ministry of Defence, in a significant development on December 15, 2023, sealed a landmark contract with Bharat Electronics Limited (BEL), Pune. This groundbreaking agreement entails the procurement of Electronic Fuzes for the Indian Army over a 10-year period, amounting to a total cost of Rs 5,336.25 crore. Aligned with the ‘Aatmanirbhar Bharat‘ vision, …

Dr. Srinivas Naik Dharavath Receives Visionary Leader Icon 2023 Award

Dr. Srinivas Naik Dharavath Receives Visionary Leader Icon 2023 Award

  Real Vision Homes Pvt Ltd proudly announces the remarkable achievement of its esteemed Chairman, Dr. Srinivas Naik Dharavath, who has been honored with the Visionary Leader Icon Award of the Year 2023 by the Advocates Association For Social Responsibility And Awareness (AASRAA). The prestigious award was presented at the 5th National Summit held at …

RBI Fines 5 Co-Operative Banks

RBI Fines 5 Co-Operative Banks

  The Reserve Bank of India (RBI) has recently taken strict action against five cooperative banks, issuing monetary penalties for deficiencies in regulatory compliance. These cooperative banks include Indapur Urban Co-operative Bank Ltd, Janakalyan Sahakari Bank Ltd, The Patan Urban Co-operative Bank Ltd, Pune Merchants Co-operative Bank Ltd, and Pune Municipal Corporation Servant’s Co-operative Urban …

BEL Receives Orders Worth Rs.4878 Crores from Indian Army

BEL Receives Orders Worth Rs.4878 Crores from Indian Army

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has recently clinched a significant order worth Rs.4,522 crore from the Indian Army. The order, pertaining to the supply of fuses for various calibres, is a testament to BEL’s continued commitment to contributing to the ‘Atmanirbhar Bharat’ (Self-Reliant India) initiative. The project is set to …

India-Korea Electronic Origin Data Exchange System (EODES) Launched for Swift Clearance of Imported Goods

India-Korea Electronic Origin Data Exchange System (EODES) Launched for Swift Clearance of Imported Goods

Mr. Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), inaugurated the India-Korea Electronic Origin Data Exchange System (EODES) on December 6, 2023, in New Delhi. The ceremony was attended by Mr. KO Kwang Hyo, Commissioner of Korea Customs Service (KCS), and his delegation. Objective EODES aims to streamline the …

SBI Ventures into Paper Packaging with ₹49.99 Crore Investment in Canpac Trends

SBI Ventures into Paper Packaging with ₹49.99 Crore Investment in Canpac Trends

State Bank of India (SBI) has recently made a strategic move into the paper packaging industry by investing ₹49.99 crore in Canpac Trends Private Limited, an Ahmedabad-based company specializing in paper-based packaging solutions. Transaction Details In an exchange filing, SBI disclosed the execution of transaction documents to acquire 6.35% (3,70,644 shares) of Canpac Trends at …

IDFC FIRST Bank, LIC Cards, and Mastercard Introduce Exclusive Co-Branded Credit Card

IDFC FIRST Bank, LIC Cards, and Mastercard Introduce Exclusive Co-Branded Credit Card

In a significant partnership, IDFC FIRST Bank, LIC Cards, and Mastercard have joined forces to unveil an exclusive co-branded credit card tailored to address the ever-evolving financial requirements of the nation. The collaboration aims to cater to the diverse needs of over 27 crore policyholders across India. Two Distinct Variants: LIC Classic and LIC Select …