In India, Vijay Diwas is celebrated every year on December 16. This day is also called Victory Day. The country is celebrating the 50th Vijay Diwas in 2021. Vijay Diwas is observed to commemorate the service, valour, and sacrifices of the gallant men of the Indian Armed Forces’ victory over Pakistan in the 1971 war. On this day, we pay homage to […]
Vijay Diwas 2021: Celebration of 50th anniversary of 1971 war Read More »
Asian Development Bank has trimmed its 2021 growth forecast for India to 9.7% from 10% but left the 2022 growth forecast unchanged at 7.5%. The inflation forecast of developing Asia was revised to 2.1% for 2021 and unchanged at 7% for 2022. Asian Development Outlook Supplement Report 2021-22: In its Asian Development Outlook Supplement Report of December 2021, the Asian Development Bank (ADB) has trimmed the growth forecasts for
ADB projected growth forecast for 2021-2022 for India at 9.7% Read More »
Adani Green Energy Ltd (AGEL) on Tuesday said it signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 Mw of green power. It is the world’s largest-ever green power purchase agreement. The agreement is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020. So far, AGEL
LIC has introduced new Dhan Rekha plan with effect from December 13, 2021. LIC’s Dhan Rekha is a non-linked, non-participating, individual savings life insurance plan. The plan has unique offerings. There are special premium rates for female lives, and the plan is allowed to the third gender. Sum assured: 2,00,000. Maximum amount: Nil Survival benefits: 20 years- 10% of Basic Sum
Life Insurance Corporation of India rolls out Dhan Rekha plan Read More »
Ex-Unilever executive Anjalli Ravi Kumar has been appointed as Chief Sustainability Officer (CSO) of Zomato. Prior to this, she worked with Unilever as Global Sustainability Director. She is a recipient of the Unilever Global Heroes Award in 2017 for launching a unique mobile skilling programme. Apart from her, Nitin Savara has been appointed as the Deputy Chief Financial Officer of the
Pawan Kumar has been appointed as Director (Commercial) of Indraprastha Gas Limited (IGL), a joint venture company between GAIL (India) Limited, BPCL, and Govt of NCT of Delhi with effect from 01 December 2021. His tenure will be of three years subjects to approval by shareholders of the company. He replaced Amit Garg who has been
Pawan Kumar appointed as Director (Commercial) of IGL Read More »
Five Indian brands are in the top 100 global powers of luxury goods list with Tata group firm Titan, moving up three places to rank 22nd and being among the 20 fastest-growing luxury goods companies, according to a Deloitte report. Kalyan Jewellers, Joyalukkas, PC Jewellers, and Tribhovandas Bhimji Zaveri Ltd, have been ranked 37th, 46th, 57th,
Five Indian brands in the top 100 global powers of luxury goods list Read More »
The Reserve Bank of India (RBI) on Tuesday introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs) with effect from October 2022, putting restrictions on para-banks whenever vital financial metrics dip below the prescribed threshold. It will put restrictions on para-banks whenever vital financial metrics dip below a prescribed threshold. The move will
RBI introduces tough PCA framework for large NBFCs Read More »
An Indian-origin longtime executive at Unilever Leena Nair was chosen to be the new CEO of the luxury fashion house Chanel. She will assume the office with effect from January 2021. She was working with Unilever for over 30 years, most recently as the chief of human resources and a member of the company’s executive committee.
Leena Nair appointed as global CEO of ‘Chanel’ Fashion House Read More »
On December 11, 2021, Union Home Minister Amit Shah laid the foundation stone of Umiya Mata Temple as well as its premises at Umiya Campus in Sola in Ahmedabad, Gujarat. The temple and other buildings will be developed at a cost of Rs 1,500 crore on 74,000 square yards of land. Prime Minister Narendra Modi has virtually attended and addressed
Govt laid the foundation stone for Maa Umiya Dham Development Project in Gujarat Read More »
