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Competition Commission of India (CCI) approved the merger of the Indiabulls Housing Finance and Lakshmi Vilas Bank.
Lakshmi Vilas Bank is going to merge with Indiabulls Housing Finance .
A share swap deal with intent to create a combined entity with a larger capital base and wider geographical reach.
After the merger, Indiabulls Housing Finance will get access to low cost deposits
A geographical diversification and expanded client base and cross selling... Read More
Standing Group of Secretaries (GoS) constituted on e-Commerce by Ministry of Commerce and Industry.
GoS under the Chairmanship of Secretary, Department for Promotion of Industry and Internal Trade (DPI) is constituted to ensure inter-ministerial/inter-departmental coordination.
The resolving issues, cutting across Ministries and Departments of Government of India in e-Commerce
About the Ministry of Commerce and Industry
Officeholder: C.R.Chaudhary (Minister of State)
Departments:... Read More
India International Institute of Democracy and Election Management (IIIDEM) (ECI) organized a five-day training program
The program on Use of Technology in Elections for Election Officials of Union Election Commission of Myanmar.
The Capacity Building Programs on Electoral technology is the 7th program of 09 programs scheduled across 2018-2019.
Election Commissioner of India Sushil Chandra shared the need of sharing best practices of Elections among Election Management Bodies
Their aim... Read More
World Archery appointed Abhinav Bindra to sort out the ongoing mess in the Archery Association of India (AAI).
AAI violated the constitution by unanimously electing two parallel bodies in Chandigarh and New Delhi.
Archery Association of India (AAI) is the national governing body of archery in India.
Its headquarters are located in New Delhi
Its current president is Arjun Munda
About Archery Association of India (AAI)
Founded 8 August 1973
Location New... Read More
Private sector lender IndusInd Bank and Bharat Financial Inclusion Ltd (BFIL) announced their merger which will be effective from July 4.
The National Company Law Tribunal on June 10, 2019 approved the Scheme of Arrangement among BFIL, IndusInd Bank and Induslnd Financial Inclusion and their respective shareholders and creditors.
BFIL's current CEO MR Rao will take charge as CEO of IndusInd Financial Inclusion, which will house the Business Correspondent undertaking of BFIL.
About... Read More
Union Finance Minister Nirmala Sitharaman may increase the personal income tax exemption limit to Rs 3 lakh of the annual income from the existing Rs 2.5 lakh for salaried class in the upcoming Budget 2019-20.
At present, income up to Rs 2.5 lakh is exempt from personal income tax. However, income between Rs 2.5 to 5 lakh attracts 5 per cent tax plus 4 per cent cess, while that between Rs 5 to 10 lakh is levied with 20 per cent tax plus Rs 12,500 plus four per cent cess. Income above Rs 10... Read More
India has extended USD 15 million assistance to Niger for organising the African Union (AU) summit scheduled to be held in Niamey from July 7-8.
The support of grant assistance was in response to a specific request made by the Niger government.
This year, Niger is hosting an AU summit for the first time.
In this AU summit, the historic African Continental Free Trade Area (AfCFTA) is likely to be launched.
India and Niger:
Bilateral ties between India and Niger have expanded significantly... Read More
MIT (Massachusetts Institute of Technology) has made a history by topping the 2020 QS World University Rankings for the eighth consecutive year.
Stanford University, Harvard University and California Institute of Technology (Caltech) -- all retain their positions at second, third and fourth in the world, respectively.
Only three Indian institutes -- IIT-Bombay, IIT-Delhi and IISc-Bangalore making it to top 200 in 2020 QS World University Rankings.
The Indian Institute of Technology, Bombay... Read More
Commonwealth Games Federation (CGF) nominated the inclusion of women's cricket in the 2022 Commonwealth Games, which is scheduled to be held in Birmingham, United Kingdom.
International Cricket Council (ICC) in partnership with the England and Wales Cricket Board (ECB) presented the compelling case for women's cricket to become part of the Commonwealth Games programme.
Beach Volleyball and para table tennis were also nominated for inclusion in the 2022 edition.
ICC Chief Executive:-... Read More
Tech Mahindra signed a multi-year contract with Airbus for cabin and cargo design engineering.
The main aim to capitalize on the specialized skills and competencies in the growing cabin engineering business over the next few years.
It is a strategic customer and partner of Tech Mahindra.
Our motto to develop innovative engineering and digital solutions for our customers.
The relationship with Airbus in consolidating their global supplier base while driving business... Read More
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