December 2021

State Bank of India acquired minority stake in JSW Cement for INR 100 crore

State Bank of India acquired minority stake in JSW Cement for INR 100 crore

State Bank of India(SBI) acquired a minority stake (less than 50 percent) in JSW Cement Limited for an investment of INR 100 crore through Compulsory Convertible Preference Shares (CCPS). The public sector bank has invested in the company, a part of the $13 billion JSW Group, via compulsorily convertible preference shares (CCPS). The conversion of such CCPS into common equity will be

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WADA report: India among world’s top three dope violators country

WADA report: India among world’s top three dope violators country

India among world’s top 3 dope violators in the latest WADA report – India has been inducted into the top three of the world’s biggest doping violators in a WADA report. Indian athletes were involved 152 times in dope-related activities in the year 2019 with bodybuilding, weightlifting and athletics contributing majorly to the country’s embarrassing record.

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UPSC

Thar desert expanding fast with land degradation: UPSC Daily Important Topic | 23 December 2021

■  Thar desert expanding fast with land degradation – ✓Recently, the Central University of Rajasthan conducted a study on desertification of the Thar region. ✓The study was undertaken as part of an assessment of the environmentally sensitive areas within the framework of the UN Convention to Combat Desertification (UNCCD). ✓The scientists associated with the project

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DPIIT is conducting a workshop on Next Phase for Reducing Compliance Burden

DPIIT is conducting a workshop on Next Phase for Reducing Compliance Burden

Department for Promotion of Industry and Internal Trade (DPIIT) is conducting National Workshop on ‘Next Phase of Reforms for Reducing Compliance Burden’ to realize the nation’s goals. It will witness wide participation from across Central Ministries. It will have three sessions with the theme: Breaking Silos and Enhancing Synergies among Government Departments. National Single Sign-on for Efficient Delivery

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