Current Affairs Agreements

  India Meteorological Department (IMD) signed a Memorandum of Understanding (MoU) with the Indian Navy to hand over Cyclone Detection Radar (CDR) building to naval forces for meteorological purposes. The building is set to be utilised by Indian Naval Meteorological Analysis Centre (INMAC). It is an operational unit set up in 2013 with the mandate to provide daily meteorological information/ forecasts to users across the Navy such as IN ships and establishments. The CDR building was constructed during the period 1983-86 inside the Naval Base, having an S-band Cyclone Detection Radar installed by M/s Bharat Electronics Limited.
Source: The Business Standard

  Small Industries Development Bank of India (SIDBI) has partnered with Incuspaze Solutions Private Limited (Incuspaze) to open a first-of-its-kind co-working space. This coworking space exclusively designed for MSMEs and startups. This coworking space, named @Workspaze. This coworking space is fully furnished office equipped with training and conference room, fast-speed internet, reception, refreshment, recreational area, housekeeping facilities etc.
Source: The Economics Times

  The Department of Social Justice signed an MoU with the National AIDS Control Organization (NACO). The signed MoU will enhance outreach on AIDS prevention, address the risk of HIV transmission among all substance users and empower the discriminated and vulnerable groups such as victims of HIV/AIDS, drug abuse and female sex workers.
Source: The Press Information Bureau

  Indian Institute of Technology, Delhi has partnered with Denmark-based firm to start DESMI Centre of Excellence on Waste-to-Wealth at IIT-Delhi. The centre will provide support for implementing framework of pilot projects, which address waste collection and management with possible energy generation.
Source: The Hindu

BookMyForex.com, a marketplace for foreign exchange and remittances, has partnered with YES Bank to launch a co-branded multi-currency forex travel card for Indian overseas travellers. In this Partnership, customers will now be able to buy forex travel cards at the click of a button on the BookMyForex platform and get free doorstep delivery across major cities in India. BookMyForex will offer zero margin or exact inter-bank rates 24×7 on forex card sales.
Source: The Hindu

  Army Welfare Housing Organization (AWHO) and Tata Realty & Housing have signed a memorandum of understanding (MoU). This MoU enables the personnel of Indian Army to immediately take over dwelling units in 13 ‘Ready to Move in’ projects of Tata Realty spread over 10 cities at a discount ranging from 11% to 27%. Army Welfare Housing Organization (AWHO), which has always endeavoured to provide quality housing for Army personnel who are deployed in remote locations across the country. AWHO will now facilitate the acquisition of hom
Source: The Press Information Bureau

  Shri Mata Vaishno Devi University (SMVDU), Jammu and National Institute of Solar Energy (NISE) have signed a memorandum of understanding (MoU) to work jointly to achieve the objective of National Solar Mission through training programmes. The MoU, which will be valid till 5 years.
Source: The Business Standard

  I-League champion Chennai City FC has announced a strategic partnership with German sports goods supplier “uhlsport“. The partnership aims to support a sustainable growth of football education in India. It will also work to develop grassroots football in Tamil Nadu and across India.
Source: The Hindu

 The Naval Air Enclave in Kochi and Cochin International Airport Limited have signed a MoU for commencement of naval air operations from the NAE, a naval aviation facility at CIAL in Nedumbassery. According to MoU, military aircraft will use the CIAL runway for take off and landing and the NAE taxy track for accessing the dispersal and aircraft hangar.
Source: The Economic Times

  Reliance Jio and Microsoft announced a partnership to accelerate the digital transformation in India. Under this deal, Microsoft will bring in the Azure Cloud on Jio Network and target the enterprise and business users seeking a technological shift.
Source: The Economic Times


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