1. India & South Korea sign MoU for Defence Industry
India and South Korea have signed an Inter-Governmental Memorandum of Understanding (MoU) for Defence Industry cooperation between their shipbuilding yards in New Delhi.
India has nominated Hindustan Shipyard at Vishakhapatnam whereas South Korea is yet to nominate its shipyard.
This MoU is part of the ‘Make in India’ initiative of the union government.
2. Chaudhary Birender Singh Inaugurated ‘India Steel 2017’
Chaudhary Birender Singh, Union Minister of Steel inaugurated the 3 day “India Steel 2017”, the International Exhibition & Conference at Mumbai Exhibition Centre, Mumbai.
In his inaugural address, he complimented the industry representatives for posting good growth figures in 2016-17.
3. RBI, Bank of Guyana Sign MoU for Supervisory Exchange of Information
The Reserve Bank of India (RBI) has announced signing of an MoU with the Bank of Guyana on “Supervisory Cooperation and Exchange of Supervisory Information”.
The apex bank signed the MoU, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few countries to promote greater co-operation and share supervisory information.
It was signed by Dr Gobind N. Ganga, Governor on behalf of Bank of Guyana and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India.
4. AU Financiers Converts to Small Finance Bank from a NBFC
Au Financiers has converted itself to Small Finance Bank from a Non-Banking Finance Company (NBFC) changing its name to AU Small Finance Bank.
AU started as a NBFC and was engaged in business of commercial and personal vehicle loans, Micro, Small and Medium Enterprise (MSME) loans and SME loans.
As a NBFC, AU had network of 300 branches spread across 10 states.
It intends to start Bank branches in all such locations in next couple of months.
5. RIL Pips TCS to Become Most-Valued Indian Company
The Mukesh Ambani-led Reliance Industries has regained its status as India’s most valued firm by market capitalisation, overtaking Tata Group’s crown jewel TCS.
Shares of RIL were trading 3.43 per cent higher at Rs 1,416.40 on BSE, giving the company a market capitalisation of Rs 4,60,291.20 crore, the highest for any listed firm in the country.
TCS had replaced RIL as the most valued firm more than four years ago.
6. Aamir Khan, Kapil Dev to Get Dinanath Mangeshkar Award
Actor Aamir Khan and cricket icon Kapil Dev will receive the 75th Master Dinanath Mangeshkar Awards, at a ceremony on April 24.
Khan will be honoured with the Vishesh Puraskar for Best Film ‘Dangal’, while Dev for his outstanding contribution to Indian Cricket.
Apart from the duo, other awardees include legendary actress Vyjayanthimala Bali, who will be honoured with Master Dinanath Vishesh Puraskar for her achievements in Hindi cinema.
The event will be organised by Master Dinanath Smruti Pratishthan and Hridayesh Arts.
7. GNFC Wins Golden Peacock Award
The Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) won the prestigious Golden Peacock Award in the category of Innovative Product/Service for pioneering a cashless township transformation model.
The Golden Peacock Awards were established by the Institute of Directors (IOD) in India in 1991.
They are now acknowledged as a benchmark of corporate excellence worldwide.
8. BrahMos Land Attack Supersonic Cruise Missile Test Fired
Indian Navy successfully undertook the firing of BrahMos Land Attack Supersonic Cruise Missile from a ship.
This variant of Long Range BrahMos Missile was fired from Indian Naval Ship Teg, a Guided Missile Frigate, on a target on land.
BrahMos Missile has been jointly developed by India and Russia, and its Anti Ship variant has already been inducted into Indian Navy.
9. Mongolia Launches First Satellite Mongol Sat-I
Mongolia has launched its first satellite Mongol Sat-I part of its efforts to make use of new technology to diversify its resource-dependent economy.
It is 1227 Megahertz satellite.
The satellite was launched in partnership with Asia Broadcast Satellite (ABS). The Satellite helps with space research, map making and preparing for natural disaster.
10. Earth Day: 22nd April
Earth Day 2017 will be observed on 22 April across the globe, uniting more than 50,000 partners in nearly 195 countries to diversify, educate and activate the environmental movement worldwide.
The first Earth Day was held in 1970.
The theme for 2017 is “Environmental & Climate Literacy”, and aims empower everyone with the knowledge of climate change in order to inspire action towards environmental protection.