 State Bank of India announced that Prashant Kumar has taken charge as the Chief Financial Officer (CFO) of the Bank. Before Kumar, Anshula Kant, who has been promoted as Managing Director of SBI, was the CFO. Prior to this appointment, Kumar was designated as Deputy Managing Director (HR) & Corporate Development Officer of India's largest bank. |
| Source- The Hindu Business Line |
 In an attempt to combat human trafficking, the West Bengal government has rolled out a scheme, Swayangsiddha, in different districts of the State. Swayangsiddha, which means self-reliance, will be executed by the West Bengal Police. The scheme aims to empower young boys and girls to make informed choices so that they are less vulnerable to trafficking and child marriage. As the per the NCRB data, West Bengal has highest recorded case of trafficking among the States. |
| Source- DD News |
 State-run Punjab National Bank (PNB) bagged the "Rajbhasha Kirti" award for outstanding performance in implementing the Official Language Policy during 2017-18. The award was given on the occasion of Hindi Diwas (14th September). The award, under the category of 'Nationalised Banks and Financial Institutions in Region A', was presented by Vice President M. Venkaiah Naidu to PNB Chief Executive and MD Sunil Mehta. |
| Source- The Indian Express |
 Infosys has acquired Finnish company Fluido, a top consulting partner of Salesforce, for 65 million euros (about Rs 545 crore). This is Infosys’s second acquisition under CEO Salil Parekh. Recently, it had acquired US digital creative and consumer insight agency WongDoody for $75 million. The Fluido acquisition will make Infosys the largest Salesforce consulting partner in the Nordics. |
| Source- The Times of India |
 Salesforce.com Inc. founder Marc Benioff and his wife Lynne agreed to acquire Time magazine from Meredith Corp. for $190 million in cash, joining Jeff Bezos among tech billionaires buying venerable print publications. The move thrusts the brash 53-year-old entrepreneur, who helped lead the shift of software to an on-demand model, into a new role: media baron. TIME magazine publisher Time Inc was sold to Meredith for $1.8 billion in January 2018. |
| Source- The Livemint |
 PayU India has received Reserve Bank of India’s (RBI) approval to operate its own non-banking financial company (NBFC). The move will help PayU promote inclusive growth in the country by catering to the diverse financial needs of various segments of the society. The approval from the central bank is subject to “certain pending RBI compliance”. |
| Source- The Livemint |
 Federal Bank, which is in the process of formation of a wholly owned subsidiary company, has executed MOU with Infopark Kakkanad for leasing space in their campus. The Bank has already obtained in principle approval of the Reserve Bank of India for the creation of a subsidiary company. The proposed company will integrate and handle all the back-end operations of the Bank. This move towards having a distinct and exclusive outfit for back-end activities is a stride is in line with the practice of progressive financial institutions. |
| Source- DD News |
 Indigenously developed weapon system Man Portable Anti-Tank Guided Missile (MPATGM), was successfully flight tested for the second time from the Ahmednagar range, Maharashtra. All the mission objectives have been met. The two missions have been successfully flight tested for different ranges including the maximum range capability. |
| Source- AIR World Service |
 Kenyan Eliud Kipchoge set a new marathon world record in Berlin (Germany), smashing the previous best as he clocked 2 hours 1 minute 39 second. Kipchoge has dominated marathon racing since making his debut in Hamburg in 2013. The 33-year-old Olympic champion, aided by a string of pacemakers through to 25km of the 42.195 km race, took 1 minute 17 second off the previous best set four years ago by Dennis Kimetto. Ethiopian Ruti Aga finished second and her compatriot Tirunesh Dibaba third. |
| Source- News on Air |
 Simranjit Kaur (64kg), Monika (48kg) and Bhagyabati Kachari (81kg) claimed gold medals as Indian boxers notched up an impressive seven podium finishes at the Ahmet Comert Tournament in Istanbul, Turkey. Simranjit, a former national medallist, defeated Turkey’s Sema Caliskan to win the Gold. Bhagyabati was declared the most scientific boxer of the tournament. |
| Source- AIR World Service |
You need to login to perform this action.
You will be redirected in
3 sec
