Category Archives: Corporate

Shaktikanta Das appointed RBI Governor | 15 Things to know about new RBI Governor

Shaktikanta Das IAS

Shri Shaktikanta Das IAS Retd. (Tamil Nadu 1980), former Secretary- Department of Economic Affairs, has been appointed as Governor, Reserve Bank of India (RBI) for a period of three years. Shri Shaktikanta Das has served as JS- Ministry of Finance, Department of Expenditure, Government of India; Special Commissioner and Commissioner of Revenue Administration,… Read More

CCI | Invites comments from public in respect to proposed acquisition of L&T Ltd ( Electrical & Automation business) 

Larsen & Toubro Ltd

Summary: CCI invites comments from public in respect of the proposed acquisition of the electrical and automation business of Larsen & Toubro Limited by Schneider Electric India Private Limited and MacRitchie Investments Pvt. Limited

On 16th July, 2018, the Competition Commission of India ( CCI)  received a notice from Schneider Electric India… Read More

WCD Ministry | 223 Institutes to conduct awareness programs on Sexual Harassment at Workplace Act

WCD Ministry empanels 223 Institutes to conduct awareness programmes on Sexual Harassment at Workplace Act

To ensure security of women at all workplaces, the Ministry of Women and Child Development has empanelled institutions/organisations to conduct awareness exercises on the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. As of November, 2018, as many as 223 institutes/organisations have been… Read More

SEZ Policy Report submitted to Suresh Prabhu

SEZ Policy

The Baba Kalyani led committee constituted by the Ministry of Commerce& Industry to study the existing SEZ policy of India submitted its report to the Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, in New Delhi .The objectives of the committee were to evaluate the SEZ policy and make it WTO compatible, suggest measures… Read More

Alstom India transforms Madhepura with localized socio-economic development programs with ‘Commitment to Community’ as the motto at the heart

Alstom

In 2015, when Alstom won the contract to manufacture India’s first all-electric locomotives in Madhepura, Bihar, in collaboration with Indian Railways, they were about to get into something that would end up transforming not just the economy of the place but also the lives of its people.  The first electric locomotive was completed in February 2018 and… Read More

Bajaj Allianz General Insurance wins Dale Carnegie Global Leadership Award 2018

Dale Carnegie of India has announced Bajaj Allianz General Insurance as the winner of the prestigious Dale Carnegie Global Leadership Award 2018. The first runner-up award was presented to Infosys BPM and second runner-up award to Cisco Systems .

Bajaj Allianz General Insurance stood out as the front runner of this year’s Global Leadership Award for leveraging… Read More

Sandeep Bakhshi appointed ICICI Bank CEO

Sandeep Bakhshi_icici

Shri Sandeep Bakhshi presently the COO -ICICI Bank and an employee of ICICI since 1986 has been appointed as CEO of ICICI Bank . Shri Bakhshi has done his degree in Mechanical Engineering from Punjab Engineering College, Chandigarh, and has a PG degree in management from XLRI ,Jamshedpur. He was the MD & CEO of ICICI Prudential Life Insurance… Read More

D Shivakumar elected new Chairman of ASCI

D Shivakumar

At the board meeting of The Advertising Standards Council of India (ASCI) , Shri D Shivakumar, group executive president, corporate strategy at Aditya Birla Group, was unanimously elected the chairman of the board of ASCI. As a member of the board of governors for three years, supporting self-regulation, Shivakumar is an accomplished business leader having… Read More

Finance Ministry | Banks will remain open & banking activity will continue unimpeded in 1st week of Sept

finance ministry
Clarification by Ministry of Finance: It has come to notice that a rumour is circulating in several sections of the social media that banks will be closed for 6 days in the first week of September 2018, causing undue panic among the general public.

It is hereby clarified that banks will remain open and banking activity will continue unimpeded in the first week

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Tata Motors celebrates roll-out of its 1500th GS800 Safari Storme for Indian Armed Forces

GS800 Safari Storme

Tata Motors celebrates the milestone of rolling out the 1500th GS800 (General Service 800) Safari Storme 4×4 for the Indian Armed Forces. The vehicle was rolled out with a ceremonial flag off by Dr. Subhash Bhamre, MoS, Defence, Government of India along with Mr. Vernon Noronha, Vice President, Defence & Government Business, Tata Motors, at its … Read More

LIC to acquire controlling stake of IDBI Bank | Approval for dilution of Government shareholding below 50%

LIC & IDBI Bank

The Union Cabinet chaired by PM has approved conveying of ‘no objection’ to reduction in Government of India shareholding in IDBI Bank Limited to below 50% by dilution, along with approved acquisition of controlling stake by Life Insurance Corporation of India (LIC) as promoter in the bank through preferential allotment / open offer of equity,… Read More