Monday, December 23

National News

Shami nominated for Arjuna Award, Satwik-Chirag for Khel Ratna
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Shami nominated for Arjuna Award, Satwik-Chirag for Khel Ratna

New Delhi, December 13, 2023. Pacer Mohammed Shami, one of the architects of India's near successful World Cup campaign, has been nominated for this year's Arjuna Award, while men's doubles badminton pair of Satwik Sairaj Rankireddy and Chirag Shetty were selected for the Major Dhyan Chand Khel Ratna Award. Shami, 33, had a spectacular run in the ODI World Cup, where India finished second best, losing to Australia in the final. As per the ministry's sources, a special request was made by the BCCI to the sports ministry to include Shami's name as originally he didn't feature in the list of the country's second-highest sporting honour.
Security collapses again on 22nd anniversary of Parliament attack
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Security collapses again on 22nd anniversary of Parliament attack

New Delhi, December 13, 2023. Today, on the 22nd anniversary of the terrorist attack on Parliament, there was chaos in the Lok Sabha when two youths suddenly jumped down from the visitors' gallery. At that time, BJP MP Khagen Murmu was presenting his views in the Lok Sabha. The youth jumped on the bench of the House and started moving forward. Meanwhile, he took out his shoe and sprayed something, due to which yellow smoke started spreading in the house. There was chaos in the entire house. Meanwhile, some MPs surrounded and caught the youth. Congress MP Gurjit Singh Aujla told that I caught him first. Some people also beat up both the youths. After this he was handed over to the security personnel. Seeing all this, the Speaker adjourned the proceedings of the House till 2 pm.
Adar Poonawala will buy a house worth Rs 1,446 crore in London
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Adar Poonawala will buy a house worth Rs 1,446 crore in London

New Delhi, December 13, 2023. Serum Institute of India (SII) CEO Adar Poonawala is buying a new house in London. According to media reports, Poonawala has made a deal to buy this house for 138 million pounds (about Rs 1,446 crore), which is the biggest deal of this year in terms of houses in London. According to reports, this 25,000 square feet house is located near Hyde Park property in Mayfair, London. This house is about 100 years old and its name is Aberconway House. This is a company guest house that can be used to host event donor tech partners.
Kotak Mahindra Bank increased interest rates on FD
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Kotak Mahindra Bank increased interest rates on FD

New Delhi, December 13, 2023. Kotak Mahindra Bank has increased the interest rates on fixed deposits (FD). Now on making FD in this bank, common citizens will get interest ranging from 2.75% to 7.25%. If we talk about senior citizens, they will now get 3.25% to 7.80% interest on FD. The bank has increased interest rates on FDs of less than Rs 2 crore. The new interest rates have come into effect from December 11.
Air India unveils Manish Malhotra designed dress
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Air India unveils Manish Malhotra designed dress

New Delhi, December 13, 2023. Tata Group's airline Air India unveiled Manish Malhotra-designed dresses for cabin crew and pilots. The airline's female cabin crew will wear ombre sarees with a modern touch, while the men will wear bandhgalas. For the cockpit crew, classic black suits have been designed. Manish Malhotra has also designed footwear to wear with the dress. While the women will wear dual-tone (black and burgundy) block heels, the male cabin crew will wear comfortable black brogues. Dress has also been designed for Air India's ground staff, engineers and security personnel. These have not been unveiled yet. The color palette of the new dress includes deep red, burgundy, purple and gold. The new livery will be gradually introduced with the entry of the first Airbus A350 ...
Adani to invest USD 100 bn in green energy transition
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Adani to invest USD 100 bn in green energy transition

New Delhi, December 13, 2023. Billionaire Gautam Adani's group will invest USD 100 billion in green energy transition over the next 10 years across its ports, power and cement operations as it aims to become a net zero emitter by 2050. The conglomerate is expanding its renewable portfolio to 45 gigawatts as well as building three giga factories to manufacture solar panels, wind turbines and hydrogen electrolysers
Lamborghini Revoluto launched in India at ₹8.89 crore
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Lamborghini Revoluto launched in India at ₹8.89 crore

Mumbai, December 13, 2023. Lamborghini India launched the new supercar Revulto in the Indian market. At the launching event held in Mumbai, it was told that this is Lamborghini's most expensive and most powerful car till date in India. The luxury car manufacturer claims that this is the first supercar to come with a plugin hybrid V12 engine, which takes just 2.5 seconds to reach a speed of 100kmph. The Italian supercar manufacturer has launched it to replace the Aventador LB744, which was discontinued in 2022. Prices for the Revoluto start at Rs 8.89 crore (ex-showroom).
A NEW ERA FOR RANGE ROVER: WAIT LIST FOR RANGE ROVER ELECTRIC NOW OPEN AS PROTOTYPE TESTING PHASE BEGINS
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A NEW ERA FOR RANGE ROVER: WAIT LIST FOR RANGE ROVER ELECTRIC NOW OPEN AS PROTOTYPE TESTING PHASE BEGINS

Mumbai, India, 13 December 2023. Today, Range Rover opens the wait list for its highly anticipated Range Rover Electric, ahead of formal orders opening to clients. Geraldine Ingham, Managing Director, Range Rover said, “Since going on sale in 2021 the latest generation Range Rover has set a new benchmark for desirability. Across the globe, we’re seeing the highest levels of client demand in our 53-year history.Because of this unprecedented success story, we’re now opening the official wait list for the opportunity to be among the first to place a pre-order for the most anticipated Range Rover of recent times.Marking a new era for the Range Rover brand: the original luxury SUV is now available as an all-electric model.” Announcing the next stage in its modern luxury elect...
Retail inflation increased to 5.55% in November
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Retail inflation increased to 5.55% in November

Jaipur, December 12, 2023. India's retail inflation has increased to 5.55% in November after three months of decline. The reason for this is the high prices of vegetables and fruits. Retail inflation in October was 4.87%. Whereas in September it was 5.02%. RBI's range regarding inflation is 2%-6%. Ideally, RBI would like retail inflation to remain at 4%. In the recent monetary policy meeting, RBI had maintained the retail inflation estimate for FY24 at 5.40%. Inflation is directly related to purchasing power. For example, if the inflation rate is 6%, then Rs 100 earned will be worth only Rs 94. Therefore, investment should be made only keeping inflation in mind. Otherwise the value of your money will reduce.
CBSE exams will start from 15th February
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CBSE exams will start from 15th February

Jaipur, December 12, 2023. Central Board of Secondary Education (CBSE) has released the datesheet of 10th and 12th board exam to be held in the year 2024. Board exams for class 10th and 12th will start from 15th February. Class 10th papers will end on March 13 and Class 12th papers will end on April 2nd. In the 10th board exam, the paper of each subject will be of total 80 marks. The remaining 20 marks will be graded through periodic tests, assignments and skill based activities or project work. In 10th board exam, 40% questions will be MCQ type, 20% will be situation based questions and 40% questions will be short or long answer type. All questions have to be solved in three hours. In the 12th board exam, the papers of Accountancy, Business Studies and Economics will be of 80 mar...
JLR TO DIGITALLY TRANSFORM ORGANISATION THROUGH PARTNERSHIP WITH TATA COMMUNICATIONS
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JLR TO DIGITALLY TRANSFORM ORGANISATION THROUGH PARTNERSHIP WITH TATA COMMUNICATIONS

Mumbai,12 December 2023.  JLR is partnering with Tata Communications, the global commtech (communications technology) player, to future-proof its digital transformation and pave the way for new standards such as Industry 4.0 and advanced analytics. The partnership will power the production of JLR’s next-generation vehicles, a key part of its Reimagine strategy, and provide the connectivity foundation for the next phase of digital transformation for the organisation. Tata Communications will deploy its cloud-first, software-defined wide area network (SD-WAN) technology, connecting all JLR’s 128 sites worldwide. This advanced globalconnected capability — between JLR’s global HQ and its plants, warehouses, sales centres, data centres and cloud services, will significantly boost ...
Hikvision India showcases latest AIoT Products and Solutions at IFSEC, UnveilsIDP-D5C, LCB and Video Intercom Products
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Hikvision India showcases latest AIoT Products and Solutions at IFSEC, UnveilsIDP-D5C, LCB and Video Intercom Products

New Delhi, December 2023. Hikvision India has unveiledhost of new AIoT products and solutions along with IDP-D5C, Lecture Capture Broadcasting (LCB) Series and Video Intercom Productsat the 16th edition of IFSEC India Security Expo organized by Informa Markets at Pragati Maidan, New Delhi. Shri D.R. Karthikeyan, Former Director of Central Bureau of Investigations (CBI) (Chief Guest) and R. Sathiyasundaram, IPS, Additional CP Traffic, Delhi Police (Guest of Honour) were distinguished guests at the inaugural session of IFSEC India Security Expo. After the lamp lighting ceremony and Ganesh Vandana, D.R. Karthikeyan addressed the gathering in his keynote address,he emphasized on the need of quality security products and advanced security solutions as India is on the path...
Electric Excavators Light up the Future at the Tata Hitachi Pavilion at EXCON 2023
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Electric Excavators Light up the Future at the Tata Hitachi Pavilion at EXCON 2023

Bengaluru December 2023. Tata Hitachi,a frontrunner in the construction equipment industry,inaugurated its pavilion at Excon2023 (Largest Construction Equipment exhibition in South Asia), under the theme of“Aao Kartavya Nibhaye, Chalo Desh Banaye.” Leveraging the platform of EXCON, this theme reinforces Tata Hitachi’s commitment to fostering a sense of duty and collective responsibility towards nation-building through technologically advanced machines and innovative solutions. This commitment is also embodied in Tata Hitachi’s demonstrated obligation towards environmental sustainability. In line with this, Tata Hitachi displayed technologically advanced futuristic electric machines that included the ZAXIS 55U-6EB(Electric Battery) and India’s first indigenously developed E Electri...
Tata Motors showcases a wide range of safer, smarter and greener mobility solutions at EXCON 2023
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Tata Motors showcases a wide range of safer, smarter and greener mobility solutions at EXCON 2023

Bengaluru, December 2023. Tata Motors, India’s largest commercial vehicle manufacturer, today unveiled its innovative and advanced range of future ready mobility solutions at EXCON 2023 – South Asia's premier construction equipment exhibition. Embracing the theme ‘Moving India Forward’, the company reinforced its commitment to innovation, sustainability and excellence, serving the nation proudly. Tata Motors showcased its trucks and tippers engineered to perfectly suit the construction and infrastructure sectors, along with vehicles powered by green fuels, including Liquid Natural Gas (LNG) and battery electric. It also unveiled its wide range of aggregates, including engines designed for industrial equipment, axles and gensets. Highlights of Tata Motors commercial vehicles display a...
PM Modi wishes athletes as first Khelo India Para Games begins
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PM Modi wishes athletes as first Khelo India Para Games begins

New Delhi, December 12, 2023. Prime Minister Narendra Modi on Monday wished luck to all the athletes participating in the ongoing first Khleo Para Games Para, terming the occasion as a "monumental step towards inclusion and empowerment". "As the First Khelo India Para Games begin, my best wishes to all those athletes who are taking part. It is a monumental step towards inclusion and empowerment!"  Sports Minister Anurag Thakur said that India can aim for 200 medals in the 2030 Asian Para Games, nearly twice the country's historic tally in the recent edition in China. India won 111 medals, including 29 gold, in the Hangzhou Asian Para Games, held in 2023 instead of 2022 due to a COVID-19 surge in China. The 2026 edition of Asian Para Games will be held in Aichi-Nagoya in Japan.
Job creation single most important pressure point: former RBI Governor Raghuram G Ranjan
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Job creation single most important pressure point: former RBI Governor Raghuram G Ranjan

New Delhi, December 12, 2023. Indian economy, dubbed the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI Governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development. Talking about the book 'Breaking the mould: Reimagining India's economic future', written jointly by him and Rohit Lamba, assistant professor of economics at Pennsylvania State University, Rajan said one of the greatest strength of India is its human capital of 1.4 billion and the question is "how do you make it strong?" The nation needs to create jobs at every level going along the path of development, said Rajan, presently Katherine Dusak Miller Distinguished Service Professor of Finan...
Seagram’s Royal Stag Barrel Select Large Short Films Brings Select Films, Select Conversations to Kolkata
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Seagram’s Royal Stag Barrel Select Large Short Films Brings Select Films, Select Conversations to Kolkata

Kolkata, December 12, 2023. A pioneer in the short film format in India, Seagram’s Royal Stag Barrel Select Large Short Films presents Select Films, Select Conversations. The celebrated short film platform has always recognized and fostered a creative environment encouraging brilliance in short format film making. Royal Stag Barrel Select Large Short Films over the years has won 6 Filmfare awards and Oscar qualifications which has made the platform the largest and most credible destination for short films in India. Through this interactive activation platform, the brand aims to foster a creative environment for artists in the industry in two unique and engaging formats with host Mandira Bedi. •  The On-Ground format: This live format travels to three hubs in India...
Hindalco plans Rs 800 crore investment to set up battery foil manufacturing unit in Odisha
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Hindalco plans Rs 800 crore investment to set up battery foil manufacturing unit in Odisha

Mumbai, December 12, 2023. Aluminium producer Hindalco Industries on Tuesday announced its plan to set up a battery foil manufacturing facility at Sambalpur in Odisha with an investment of Rs 800 crore to tap the fast-expanding electric vehicle market. The facility, to be commissioned by July 2025, will initially produce 25,000 tonnes of the aluminium foil which forms the backbone of lithium-ion and sodium-ion cells, Hindalco Industries said. The company also plans to significantly expand its capacity of making fine-quality aluminium foil which is used in rechargeable batteries.
8PM Packaged Drinking Water Partners with Haryana Steelers and UP Yoddhas in 10th Season of Pro Kabaddi League
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8PM Packaged Drinking Water Partners with Haryana Steelers and UP Yoddhas in 10th Season of Pro Kabaddi League

New Delhi, December 12, 2023. 8PM Packaged Drinking Water from the house of Radico Khaitan partners with the JSW’s Haryana Steelers and GMR Group’s UP Yoddhas in the 10th edition of Pro Kabaddi League.  The brand serves as the Official Beverage Partner for both teams in the ongoing Pro Kabaddi League, which started on December 2, 2023.  This exciting multi-year collaboration features the 8PM Packaged Drinking Water’s logo prominently displayed on the back of Steelers' jersey throughout the campaign. Additionally, for the UP Yoddhas team, the logo is placed on the left sleeves of the jersey. This strategic partnership not only underscores the brand's commitment to supporting sporting excellence but also positions 8PM Packaged Drinking Water at the forefront of Pro Kabaddi...
OYO elevates Rakesh Kumar as Chief Financial Officer
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OYO elevates Rakesh Kumar as Chief Financial Officer

New Delhi, December 12, 2023. Hospitality technology platform OYO on Tuesday announced the elevation of Rakesh Kumar to Chief Financial Officer (CFO) with effect from January 1, 2024. Abhishek Gupta, the current CFO, will continue with OYO in an advisory and mentorship capacity, OYO said in a statement. Kumar, who is currently working as Deputy Chief Financial Officer, in his new role as the CFO, will continue driving financial strategy and operational efficiency, the company said.
Passenger vehicle wholesales grow 4% in November
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Passenger vehicle wholesales grow 4% in November

New Delhi, December 12, 2023. Domestic passenger vehicle wholesales rose by around 4 per cent year-on-year in November, driven by robust demand for utility vehicles, industry body SIAM said . Passenger vehicle dispatches from companies to dealers rose to 3,34,130 units last month, the best ever figure for the month of November, from 3,22,268 units in same month last year. Two-wheeler sales rose to 16,23,399 units last month, a growth of 31 per cent as compared to 12,36,282 units in November 2022.
Indian Organizations Say Hybrid Cloud Approach is Critical to Unlock the Power of Generative AI: IBM Report
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Indian Organizations Say Hybrid Cloud Approach is Critical to Unlock the Power of Generative AI: IBM Report

Bengaluru, December 2023.  A new global survey from IBM (NYSE: IBM) revealed that in India,64% of hybrid cloud users have a formal, organization-wide policy and/or approach for the use of Generative AI (GenAI). However, barriers that once slowed down hybrid cloud adoption are now impeding the implementation of GenAI.Cloud leaders are concerned about the challenges associated with the privacy and confidentiality of data and information when adopting GenAI. In addition to the ability to unlock the power of generative AI being cited as one of the key benefits of a hybrid cloud approach,leaders agreed that a cloud environment is essential for managing sustainability initiatives at an enterprise level, but workforce deficiencies in cloud skills are impacting implementation. The ...
Tata Passenger Electric Mobility Ltd. collaborates with leading Charge Point Operators to setup over 10,000 charging stations by FY25
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Tata Passenger Electric Mobility Ltd. collaborates with leading Charge Point Operators to setup over 10,000 charging stations by FY25

Mumbai, 11 December, 2023. Tata Passenger Electric Mobility Ltd. (TPEM), pioneers of India’s EV revolution, today signed a Memorandum of Understanding (MoU) with leading charge point operators (CPOs),Chargezone, Glida, Statiq, and Zeon,to further develop India’s charging infrastructure. This MoU crucially builds on the significant existing presence of each operatorin the charging ecosystem and TPEM’s unique telematics insights basis more than 1.15 lakh Tata EVs on Indian roads. TPEM will actively assist the four CPOs in installing chargers at locations most frequented by its EV owners and share insights on how the chargers are being used to help understand and enhance customer experience. Chargezone, Glida(formerly known as Fortum Charge & Drive India), Statiq, and Zeon are leadi...
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