CCI approves acquisition of General Insurance Business of Bharti AXA by ICICI Lombard
NATIONAL NEWS
NFAI and FFSI Conducts Online Film Appreciation Course in Marathi
- National Film Archive of India, Pune, and Ministry of Information & Broadcasting is organizing 15th edition of Film Appreciation Course in Marathi along with Federation of Film Society of India (FFSI).
- Renowned film and theatre artist Dr Mohan Agashe inaugurated the Online Film Appreciation Course in Marathi “Chitrapat Rasaswad Shibir” at NFAI.
Fact: Union Minister of Information and Broadcasting – Prakash javadekar
Director of NFAI - Prakash Magdum
Dynamatic Technologies Ltd and CSIR-CSIO sign MoU
- Dynamatic Technologies Limited and Central Scientific Instruments Organization (CSIR-CSIO) have signed a MoU for jointly designing, developing and manufacturing futuristic solutions for the Defence and Aerospace, Healthcare and Agriculture industry.
- This partnership between CSIO and Dynamatic is aimed at making futuristic solutions for Defence and Security, Healthcare and Agriculture industry.
- Shares of DYNAMATIC TECHNOLOGIES LTD. was last trading in BSE at Rs.656.45 as compared to the previous close of Rs. 665.05. The total number of shares traded during the day was 84 in over 37 trades.
Fact: Director of CSIO - Ravindra Kumar Sinha
IISc, IOCL sign MoU for hydrogen-generation technology
- The Bengaluru based Indian Institute of Science and R&D Centre of Indian Oil Corporation have signed an MOU to develop and demonstrate biomass gasification based hydrogen generation technology.
- This is mainly to produce fuel cell-grade hydrogen at an affordable price.
- Both IISc and Indian Oil will demonstrate the technology in the Indian Oil R&D Centre in Faridabad.
- IISc has worked on biomass gasification and developed an innovative process for the production of hydrogen rich syngas and a small scale prototype is demonstrated in the IISc campus.
Fact: chairperson of IOCL - Shrikant Madhav Vaidya
BANKING NEWS
CCI approves acquisition of General Insurance Business of Bharti AXA by ICICI Lombard
- The Competition Commission of India (CCI) approves acquisition of General Insurance Business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited (ICICI Lombard) under Section 31(1) of the Competition Act, 2002.
- ICICI Lombard is a general insurance company registered with the Insurance Regulatory and Development Authority of India (IRDAI).
- Bharti AXA is a general insurance company registered with the IRDAI and is a joint venture held by Bharti General Ventures Private Limited (51%) and Societe Beaujon (49%).
Fact: ICICI Lombard MD & CEO - Bhargav Dasgupta
CEO of Bharti AXA - Sanjeev Srinivasan
SPORTS NEWS
BCCI announces Jio as title sponsor of Women's T20 Challenge 2020
- Board of Control for Cricket in India (BCCI) has announced Reliance Jio as the title sponsor of the Women's T20 Challenge 2020.
- This is the first time a sponsor is partnering with the BCCI exclusively for the women's counterpart to the IPL.
- The women's T20 challenge is scheduled to run from November 4-9 in Sharjah.
Fact: Chairperson of BCCI - Sourav Ganguly
Cricket Association of Ladakh organises Ladakh Premier League 2020
- In Leh, Cricket Association of Ladakh is organising Ladakh Premier League 2020.
- Upper Leh Councillor Phunsog Stanzin Tsepag inaugurated the Ladakh Premier league at NDS Stadium