 The Income-Tax Department has launched a 24×7 control room to monitor black money and illegal inducements in poll-bound Delhi. The facility will also host a toll-free number “1800117574” where people can inform the department about any activity of the use of money power, illegal distribution of cash among other such election-related crimes. The Election Commission (EC) has also appointed 22 IRS officers of the I-T Department as expenditure observers for these polls. |
 Armed Forces Veterans Day is observed each year on 14th January. The day is being celebrated since 2017. The day was initially called Armistice Day. This day is observed to mark the respect and recognition of the services rendered by Field Marshal KM Cariappa OBE – the first Indian Commander-in-Chief of the Indian Armed Forces who retired on 14 Jan 1953. The 4th Armed Forces Veterans Day is celebrated at Chandimandir Cantonment located in the Panchkula district, Haryana. |
 ISRO will launch GSAT-30 satellite onboard Ariane-5 launch vehicle (VA 251) from French Guiana on January 17, 2020. GSAT-30 is a communication satellite of India which is configured on ISRO’s enhanced I-3K Bus structure to provide communication services from Geostationary orbit in C and Ku bands. The satellite derives its heritage from ISRO’s earlier INSAT/GSAT satellite series. The Weighing 3357 kg, GSAT-30 is to serve as a replacement to INSAT-4A spacecraft services with enhanced coverage. The satellite provides Indian mainland and islands coverage in Ku-band and extended coverage in C-band covering Gulf countries, a large number of Asian countries and Australia. |
 SEBI (Securities and Exchange Board of India) stock market regulator has deferred the deadline for the separation of the posts of Chairman and MD (Managing Director) or chief executive officer (CEO) for 500 listed companies by 2 years. The date of implementation of the above regulatory provision has been deferred to April 1, 2022. SEBI aims to separate the board and the management of the top companies. In 2018 the Sebi asked the top 500 listed companies to split the post of chairman and managing director by April 2020. The rules to splitting the post of Chairman-MD are part of the recommendations of the Uday Kotak (MD of Kotak Mahindra Bank) Committee appointed by SEBI on Corporate Governance. |
| At present Many companies have merged the two posts as CMD (chairman-cum-managing director), leading to some overlapping of the board and management, which could lead to conflict. These companies including Reliance Industries, the chairman and MD are handled by the same person. The data from other stock exchanges reveal that at present Scenario, only around 50% of the top 500 listed company is in compliance with the aforementioned regulatory provision. Sebi has also received various representations with respect to the above regulatory requirement including from industry bodies like Federation of Indian Chambers of Commerce & Industry and Confederation of Indian Industry. The representations are looked together with the compliance levels, highlight the present levels of unpreparedness of listed entities to comply with the above regulatory provision, according to market sources. |
 Vice President M Venkaiah Naidu to inaugurate a new Centre of Excellence for Studies in Classical Telugu on January 21 in Nellore, Andhra Pradesh. The centre would facilitate to focus its activities for the development of this rich classical Telugu through Research, seminars, debates and various activities. The Centre of Excellence for Studies in Classical Telugu (CESCT) came under the Central Institute of Indian Languages (CIIL). |
 The Indian Railways has signed MoU with the RailTel, a Mini Ratna Public Sector Undertaking in order to implement Phase II of e-office programme. Also, the Indian Railways is to provide content on demand services in premium, suburban, express and mail trains. |
|
|
|
|
 On January 14, 2020, the South-Central Railways and SBI signed MoU to implement door step banking in 585 railway stations |
|
|
|
 On January 13, 2020, the Indian Aviation Ministry announced that registration of all drones in the country is mandatory. The Ministry has given January 31, 2020 as deadline for the users to register their drones. |
|
|
|
 Union Minister of Steel launched mission PURVODAYA for the development of eastern India through integrated steel hub in Kolkata, West Bengal. Under this mission, the government aims to transform logistics and utility infrastructure which would change the socio-economic landscape in eastern India. This mission also includes the growth of the steel industry along with employment opportunities across the entire value chain. The Purvodaya in the steel sector is aimed at driving the accelerated development of Eastern India through the establishment of an integrated steel hub. Eastern states of India West Bengal, Jharkhand, Odisha, Chhattisgarh and Northern part of Andhra Pradesh collectively hold 80% of the country’s iron ore, 100% of coking coal and a significant portion of chromite, bauxite and dolomite reserves. |
 First phase of “Bishwa Ijtema” has commenced in Dhaka, Bangladesh. It is the second largest congregation of Muslim community after Hajj. The second phase of the congregation will be held from January 17 to 19. Bishwa Ijtema is an annual event which is taking place on the outskirts of Dhaka since 1967. It is being organised in a field of 160 acres, on the bank of the Turag river at Tongi on the outskirts of Dhaka. The congregation draws devotees of Muslim community from about 150 countries, hence making it the second largest congregation of Muslim community after Hajj. |
You need to login to perform this action.
You will be redirected in
3 sec
