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ICICI Lombard signed an MoU with Bharti AXA to Merge their Insurance Businesses

Bharti AXA General Insurance
  • ICICI Lombard General Insurance Co. Ltd.(ICICI Lombard) and Bharti AXA General Insurance Co. Ltd.(Bharti AXA) have signed an agreement to merge their insurance business. The merger will happen through a scheme of arrangement.

Karnataka Vikas Grameena Bank tied-up with SBI General Insurance Co Ltd to Sell General Insurance Products

SBI General Insurance
  • Karnataka Vikas Grameena Bank (KVGB) tied-up with SBI General Insurance Co Ltd to sell general insurance products through the branches of KVGB. The customers of KVGB will be able to avail bouquets of products that can cover their health, home, motor, property through the range of solutions that the company offers.

IIM Kozhikode signs MoU with Switzerland based HELP Logistics

HELP Logistics
  • Indian Institute of Management, Kozhikode (IIM-K) signed a Memorandum of Understanding (MoU) with Switzerland based HELP Logistics to engage in a collaborative partnership to provide consulting services and logistics training for the humanitarian community in South Asia.

Anand Mahindra, Shantanu Narayen to Receive 2020 Leadership Awards from USISPF

Leadership Awards from USISPF
  • US-India Strategic Partnership Forum (USISPF) announced that Mahindra Group Chairman, Anand Mahindra and Adobe Chairman & Chief Executive Officer (CEO), Shantanu Narayen will receive the 2020 Leadership Awards for their exemplary vision and effort towards the promotion of US-India Bilateral Ties.

A Book Titled ‘One Arranged Murder’ Authored by Chetan Bhagat

One Arranged Murder
  • A Book Titled ‘One Arranged Murder’ authored by Chetan Bhagat will be released worldwide on September 28, 2020. The fiction book portrays a murder mystery in the backdrop of an arranged marriage. The book will be published by Westland Publications Ltd. It is the author’s  9th novel and 11th book overall.

“LVB DigiGo” instant account opening facility launched by Lakshmi Vilas Bank

Lakshmi Vilas Bank
  • To enable the opening of savings accounts instantly and to help people to avail the most required banking services instantly through the website, Lakshmi Vilas Bank has launched “LVB DigiGo” instant account opening facility.

India and Israel enter into a new cultural agreement

India and Israel
  • A cultural agreement has been signed between India and Israel with the aim of strengthening the strategic bilateral ties by the promotion of greater people-to-people exchanges.

6th Round Table of ASEAN-India Network of Think Tanks (AINTT) held

ASEAN-India Network of Think Tanks
  • A two day, 6th Round Table of ASEAN-India Network of Think Tanks (AINTT) held virtually. It was organized by The Ministry of External Affairs in partnership with the Foreign Ministry of Thailand.
  • Theme: ‘ASEAN-India: Strengthening Partnership in the Post COVID Era’

Ram Vilas Paswan Launches Online Registration and Renewal of Gold Hallmarking Centres

Gold
  • Union Minister for Consumer Affairs,Food & Public Distribution Ram Vilas Paswan virtually launched an online system for registration and renewal of licence of gold assaying and hallmarking centres. The online system can be accessed through the Bureau of Indian Standards (BIS) web portal – www.manakonline.in.

MP Police launched a campaign named ‘Ek Sankalp – Bujurgo ke naam’

MP
  • MP Police launched a campaign named ‘Ek Sankalp – Bujurgo ke naam’ for the elderly people above the age of 60 years. Facilities like medicines, vegetables, milk, essential goods telephone, TV recharge, online application are being provided to the house of the elderly people.

Ashwani Bhatia Appointed as Managing Director of SBI

Ashwani Bhatia
  • Ashwani Bhatia Appointed as Managing Director of State Bank of India (SBI). He succeeds PK Gupta, who superannuated on March 31, 2020.
  • Ashwani Bhatia is currently serving as MD and Chief Executive Officer(CEO) at SBI Mutual Fund.

World Gujarati day 2020 observed on August 24

World Gujarati day
  • World Gujarati Day 2020 is celebrated on 24th August 2020 to commemorate the birth anniversary of the famous Gujarati poet and social reformer, Narmadashankar Dave popularly known as Veer Narmad.

“Gaofen-9 05” a remote-sensing satellite launched by China

Gaofen-9 05
  • A new optical remote-sensing satellite named “Gaofen-9 05” successfully launched by China from its Jiuquan Satellite Launch Centre.

Ministry of Tourism Inked MoU with TAAI & FICCI Ladies Organisation

FICCI
  • Travel Agents Association of India (TAAI) and Federation of Indian Chambers of Commerce and Industry (FICCI) Ladies Organisation (FLO) inked an Memorandum of Understanding (MOU) with the Ministry of Tourism for women empowerment through video conference.

SBI partnered with AddaCorner to Launch ‘Online Home Carnival’

AddaCorner
  • State Bank of India (SBI) has partnered with India’s First Real-Time Group Negotiation E-Platform, AddaCorner to launch ‘Online Home Carnival’, which will help in boosting the Real Estate market in Bangalore.

Rajiv Kumar, former Finance Secretary Appointed as New Election Commissioner

Rajiv Kumar
  • Former Finance Secretary Rajiv Kumar was appointed as the Election Commissioner with effect from August 31, 2020. He succeeds Ashok Lavasa who resigned the position to join as Vice-President of Asian Development Bank.

‘Harit Path’, Mobile App launched to monitor highway plantation

Road
  • The Union Minister for Road Transport and Highways Nitin Jairam Gadkari, launched the mobile app, “Harit Path” for monitoring plantations and transplantation of trees along the highway.
  • The app will monitor the location, growth, species details, maintenance activities, targets and achievements of each of its field units for all the plants under all the plantation projects.

23rd August observed as International Day for the Remembrance of the Slave Trade and Its Abolition

International Day for the Remembrance of the Slave Trade and Its Abolition
  • International Day for the Remembrance of the Slave Trade and Its Abolition is observed on 23 August to commemorate the remembrance of the slave trade and its abolition.

Naval Commanders’ Conference 2020

Naval Commanders’ Conference 2020
  • The Union Defence Minister Rajnath Singh addressed the Naval Commanders’ Conference 2020 which was held in New Delhi, India from August 19 to 21, 2020. He reviewed the innovations by Indian Navy to combat COVID 19 pandemic.

Nuakhai Juhar was celebrated in Odisha, Chhattisgarh

Nuakhai Juhar
  • Nuakhai Juhar was celebrated in Odisha, Chhattisgarh, and areas of neighbouring states on August 23. The festival is to welcome the new crop of the season and it is celebrated to appreciate the hard work of the farmers.