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Manikaran Power becomes the first member to pair up with IGX

March 18, 2020
IEX
  • Manikaran Power Ltd (MPL) has declared as the first member of India’s first gas trading platform which is called the Indian Gas Exchange (IGX).
  • IGX, the part of Indian Energy Exchange (IEX), is India’s first automated national level trading platform to promote and sustain an efficient and strong Gas market and to foster gas trading in the country.

Karan Bajwa becomes new MD of Google Cloud India

March 18, 2020
Karan Bajwa
  • Google Cloud India has selected Karan Bajwa as its new Managing Director.
  • Karan Bajwa will manage various operations for Google Cloud’s extensive solution portfolio such as Google Cloud Platform and G Suite.
  • He has earlier worked as the Managing Director of IBM for India and South Asia.

Bajaj Auto reappoints Rajiv Bajaj as its MD & CEO

March 18, 2020
Rajiv Bajaj
  • Rajiv Bajaj has been reappointed as MD & CEO of Bajaj Auto.
  • The announcement was done after the board meeting of the Bajaj Auto.
  • Gita Piramal has been appointed as the independent director of Bajaj Auto.

Ravinder singh Dhillon appointed as new CMD of PFC

March 18, 2020
Ravinder Singh Dhillon
  • Ravinder Singh Dhillon has been selected as the Chairman and Managing Director of Power Finance Corporation (PFC).
  • He is presently serving as a Director (Projects, Public Grievance) in Power Finance Corporation (PFC) Limited.

INST prepares starch-based ‘hemostat’ material

March 18, 2020
INST prepares starch-based ‘hemostat’ material
  • A starch-based ‘hemostat’ material has been developed by the Institute of Nano Science and Technology (INST).
  • The material concentrates the natural clotting factors in blood that are critical for stopping the blood flow.
  • This is done by physically absorbing the excess fluid. The early-stage development of the starch-based ‘hemostat’ material has been published in the journal Materialia.

Ordnance Factories’ Day celebrated on 18th March

March 18, 2020
Ordnance Factories’ Day
  • The Ordnance Factories’ Day is being celebrated on the 18th of March every year. OFB is the 37th largest defence equipment manufacturer in the world, 2nd largest in Asia, and the largest in India.
  • OFB is referred to as the “Fourth Arm of Defence” and the “Force Behind the Armed Forces” of India.

Noted Marathi actor Jairam Kulkarni passes away

March 18, 2020
Jairam Kulkarni
  • Noted Marathi Actor Jairam Kulkarani passed away. He was brought up in Barshi tehsil in Solapur district, Maharashtra.
  • He had acted in more than 150 films, including ‘Chal Re Laxya Mumbaila’, ‘Ashi Hi Banwabanwi’, ‘Thartharat’, ‘Rangat Sangat’.

World’s first commercial flying car PAL-V to be made in Gujarat

March 18, 2020
PAL-V
  • World’s first commercial flying car named ‘PAL-V Liberty’ will be prepared in Gujarat, India. PAL-V stands for Personal Air-Land Vehicle.
  • The PAL-V Liberty is a combination of a car and an autogiro, or gyroplane.
  • The PAL-V flying car can run at a speed of 160 kilometres on road and can fly at a speed of 180 km.

Indian Navy installs Quarantine Facility at Visakhapatnam

March 19, 2020
Indian Navy installs Quarantine Facility at Visakhapatnam
  • Indian Navy has established a Quarantine Camp at INS Vishwakarma in Eastern Naval Command (ENC) for Indian nationals being evacuated from COVID-19 affected countries.
  • The Quarantine Camp has the capacity to accommodate nearly 200 personnel with all appropriate facilities.
  • Indian nationals being evacuated from COVID-19 affected countries will be closely monitored by a team of naval personnel and medical professionals of ENC.

SC clears permanent commission for women in Indian Navy

March 19, 2020
Women in Indian Navy
  • The Supreme court of India cleared permanent commission for women officers in the Indian Navy. A bench headed by Justice D Y Chandrachud said, there cannot be any excuses for not providing gender equality in the armed forces.
  • The court was contrary to the Centre’s policy of 1991 and 1998 which lifted the statutory bar on the induction of women officers in the Navy.
  • It also allows pension benefits to women officers who have retired and were not granted permanent commission.

$100 Billion coronavirus relief package inked by Donald Trump

March 19, 2020
Donald Trump
  • To ensure sick leave to Americans workers who fall ill from the new coronavirus, President of the United States, Donald Trump has inked a $100-billion emergency aid package.
  • The $100 Billion coronavirus relief package aims to strengthen the protective measures against the pandemic caused by COVID-19.
  • The relief package will facilitate free coronavirus testing for those who need it, sick pay and paid family leave.

Iraqi President appoints Adnan al-Zurfi as new PM-designate

March 19, 2020
Iraqi President appoints Adnan al-Zurfi as new PM-designate
  • Iraqi President Barham Salih has appointed Adnan al-Zurfi as the country’s new prime minister.
  • He will succeed Mohammed Allawi, the 1st politician named by the president as PM-designate who withdrew his candidacy for the post.

L&T Services and IIT-Kanpur collaborate for research in industrial cyber security

March 19, 2020
L&T Services and IIT-Kanpur
  • The Indian Institute of Technology, Kanpur and L&T Technology Services have paired to carry out joint research in industrial and infrastructure cybersecurity.
  • They will jointly set up a Center of Excellence (CoE) at the IIT Kanpur campus and conduct research in the areas of Honeypot, intrusion detection systems, malware analysis, blockchain, vulnerability assessment and penetration checking and provide cybersecurity awareness and training programs.

Arundhati Bhattacharya steps down from Crisil board

March 19, 2020
Arundhati Bhattacharya
  • Arundhati Bhattacharya has given her resignation from Crisil board. She was serving as the independent director of the Crisil.
  • Her resignation will be effective on April 15, 2020. She has submitted her resignation as she will be joining as a Chairperson and CEO for the India operations of Salesforce, USA.

A. Ajay Kumar appointed as India’s next High Commissioner to Republic of Uganda

March 19, 2020
MEA
  • A. Ajay Kumar has been appointed as the next High Commissioner of India to the Republic of Uganda.
  • A. Ajay Kumar is currently posted as the Joint Secretary in the Ministry of External Affairs. Ajay Kumar is a 2001 batch IFS officer.

7th World Cities Summit to be organized in Singapore

March 19, 2020
7th World Cities Summit
  • The 7th World Cities Summit (WCS) will be organized in Singapore. It is held by Singapore’s Centre for Liveable Cities and the Urban Redevelopment Authority.
  • The theme for WCS 2020 is ”Livable and Sustainable Cities: Adapting to a Disrupted World”.

DAC allows procurement of Tejas fighter aircraft for IAF

March 19, 2020
Tejas fighter aircraft
  • The Defence Acquisition Council (DAC) has allowed the procurement of indigenous Tejas fighter aircraft for Indian Air Force.
  • 83 indigenous Tejas fighter aircrafts will be procured for the Indian Air Force. The Defence Acquisition Council has also approved the acquisition of indigenous defence equipments worth Rs 1,300 crore.

Global Recycling Day celebrated globally on 18th March

March 19, 2020
Global Recycling Day
  • Global Recycling Day is observed globally on 18th March every year. This day was first observed on March 18, 2018, by the Bureau of International Recycling (BIR) and celebrated globally every year to raise awareness of the importance of recycling.
  • The Global Recycling Foundation declares “Recycling Heroes” as the theme for third Global Recycling Day. The main target of the day is to turn ‘waste’ into a valuable resource

“My Encounters in Parliament” written by Bhalchandra Mungekar released

March 19, 2020
My Encounters in Parliament
  • The book titled “My Encounters in Parliament” written by Bhalchandra Mungekar was released.
  • Bhalchandra Mungekar is an Indian economist, a former member of Rajya Sabha.

Nitin Gadkari presents ‘Invincible-A Tribute to Manohar Parrikar’ to President

March 19, 2020
Invincible-A Tribute to Manohar Parrikar
  • The book titled as “Invincible – A Tribute to Manohar Parrikar”, authored by Tarun Vijay was launched by defence minister Rajnath Singh on 16th March 2020.
  • Manohar Parrikar was a former Chief Minister of Goa and also served as a Defence Minister of India, who passed away on 17th March 2019.

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