Azim Premji urges Central Govt to engage private players for COVID-19 vaccination drive

Former Wipro Chairman and Managing Director Azim Premji have urged the Central Government to engage private sectors to drive vaccination of COVID-19. Speaking at the virtual event organized by the Bangalore Chamber of Industry, Azim Premji said, "While the government is doing its best, I would strongly suggest that they should supplement the effort by involving the private players." "There is a possibility

Karnataka Bank reports Rs 34.16 crore fraud against IL&FS Transportation to RBI

Karnataka Bank on Friday said, "It has informed the RBI regarding a fraud of Rs 34.16 crore in credit facility extended to IL&FS Transportation Network." In a filing with the exchange, Karnataka Bank said, "The bank has reported to RBI (Reserve Bank of India), a fraud in the credit facilities extended earlier to IL&FS Transportation Network Ltd with an outstanding balance of Rs 34.16 crore."

S Jaishankar: India offers $40 mn LoC to Maldives

In an effort to boost the sports infrastructure, Indian External Minister S Jaishankar has offered a $40 million in Line of Credit to the Maldives. Speaking at an event at Ekuveni Stadium, S Jaishankar said, "I am happy to announce that to support the development of sports infrastructure to fulfill the interests and aspirations of the Maldivian people. India has offered a standalone Line of Credit of $40 million

Russia reports the first case of H5N8 bird flu

Scientists from Russia's research center Vector have confirmed the first case of H5N8 avian influenza in Russia. Addressing the nation on February 20, Public Health Chief, Anna Popova said, "It has detected seven cases of H5N8 in workers in a poultry farm in Southern Russia." "These seven people feel fine, they have only mild clinical symptoms," she said. Speaking on how contagious this virus would be,

Saudi Arabia to invest $20 bn in the domestic military industry

Beefing up the Saudi Arabia's plan to boost domestic military industry spending, the Governor of General Authority for Military Industries (GAMI) has said, "The Saudi Government will over $20 billion in its domestic military industry over the next decade." Speaking at the Defence Conference in Abu Dhabi, Abdul Aziz Al Ohali, Governor of GAMI said, "The government has put a plan that it will be investing more than

Maharashtra reports 6,112 COVID-19 cases in the last 24 hours

Maharashtra Health Ministry on Saturday said, "It has reported a spike in COVID-19 cases in the last 24 hours in the state." Counting the highest spike since the last three months, the Health Ministry said, "More than 6,112 coronavirus cases had been reported, most coming from Akola, Pune and Mumbai division." Earlier today, Four Ministers including state health minister Rajesh Tope found positive for the

Finance Minister Nirmala Sitharaman calls fuel price hike a vexatious issue

Speaking to the press on Saturday, Union Finance Minister Nirmala Sitharaman said, "Fuel price hike is a vexatious issue in which no answer except for fall in fuel price." "Both center and states had been generating revenue through retail sales of petrol and diesel," she said. "To bring down the fuel price at the reasonable level for the consumer, the center and state should come at a table and discuss," she

Payment Council hails RBI’s Master Directions on Digital Payments Security Controls to promote payment security

The Payments Council of India (PCI), the largest industry body for digital payments ecosystem in India welcomed the Master Directions on Digital Payments Security Controls released by The Reserve Bank of India. The association in its support to the guidelines mentioned that the Master Directions provide regulated entities to set up a robust governance structure and implement common minimum standards of

Flipkart partners with Tamil Nadu trade body to promote small business grow

Walmart owned e-commerce company Flipkart has signed a memorandum of understanding (MoU) with Tamil Nadu Micro, Small Medium Enterprises Trade and Investment Promotion Bureau to promote local artisans, weavers, craftsmen to grow their business. "Under the 'Samarth' program Flipkart would enable the artisans, weavers, craftsmen and small industries to showcase their products from the house of Flipkart," the

Honda appoints R&D head Toshihiro Mibe as its new Chief

Japanese automaker Honda Motor has announced the appointment of its research and development head Toshihiro Mibe as its new Chief Executive Officer. Toshihiro Mibe will replace Takahiro Machigo who was the CEO of Honda for six years. Speaking on the appointment, Mibe said, "I am going to build a house that is the future of Honda on the foundation of business that Mr. Machigo has worked so hard to create, and

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