Bajaj Auto reappoints Rajiv Bajaj as its MD & CEO
March 18, 2020
- 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 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
- 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
- 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
- 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
- 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 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
- 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
- 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.
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