An Indian low-cost airline, SpiceJet has inked a pact with GMR Hyderabad Aviation SEZ Limited (GHASL). According to the pact, SpiceJet will set up warehousing, distribution and trading facility in the aerospace and industrial park of GHASL. “Ready-to-Use” industrial infrastructure is offered by the park with the flexibility of choosing land within SEZ for business reasons.
PhonePe has paired up with ICICI Bank for UPI transactions. PhonePe earlier tied up with Yes Bank, but after YES Bank has been placed under moratorium by Reserve Bank of India due to which UPI transactions at PhonePe got disrupted.
Tech giant Intel and Central Board of Secondary Education (CBSE) inked a memorandum of understanding (MoU) to digitally empower nearly one lakh students with Artificial Intelligence (AI) integration in India’s education system. Initiatives include the roll-out of an Artificial Intelligence (AI) curriculum framework for grades VIII, IX and X for 22,000 schools, with the target to empower one lakh students within 2020.
Hyderabad Metro Rail Ltd in partnership with Paytm has released a QR-code-based metro ticketing system at Rasoolpura metro station Hyderabad, Telangana. The new service will allow commuters to travel seamlessly and avoid queues to buy tokens at the metro stations. They can now simply purchase a QR ticket on their Paytm app, which can be displayed at the Automatic Fare Collection (AFC) gates to proceed for the journey.
Amazon has paired with the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) under Ministry of Housing and Urban Affairs to facilitate e-marketing of products which are made by Self Help Groups (SHGs) across the nation in urban areas. The collaboration will also help in documenting and preserving the unique traditional art and crafts of different states. Earlier, This kind of partnership was also done by DAY-NULM with Flipkart.
The Indian Institute of Technology (IIT), Mandi & Enabling Women of Kamand (EWOK) Society has signed a tripartite deal with the National Bank For Agriculture and Rural Development (NABARD) for setting up three Farmer Producer Organization in Mandi, Himachal Pradesh.
India private sector bank, RBL Bank (formerly known as Ratnakar Bank ltd) signed partnership with Online food ordering and delivery app Zomato to start co-branded credit cards, powered by Mastercard.
India signed a deal to supply 4 indigenously built radars to Armenia in Europe. The deal was worth 40 million USD. The move by GoI is to strengthen the defence sector of the country. The deal is a major achievement for the ‘Make in India’ programme in the defence sector.
The country’s premier agri-research body Indian Council of Agricultural Research (ICAR) inked an agreement with Hardiwar-based Patanjali Bio Research Institute (PBRI) to undertake research work as well as training and education.
As a different initiative of Indian Air Force, the IAF and Savitribai Phule Pune University came into an academic collaboration by signing a Memorandum of Understanding to establish a ‘Chair of Excellence’ at Department of Defence & Strategic Studies on 29 Feb 20.