Category: Breaking News

Fire broke out at Parliament Annexe building’s sixth floor on Monday morning. Seven fire tenders were rushed to Parliament Annexe building in central Delhi after a fire incident was reported, an official said. The Delhi Fire Service official said the fire broke out on the sixth floor of the building.   A call was received at 7.30 am and it is suspected the fire started following a short-circuit. The fire has been brought under control, said Atul Garg, Director, Delhi Fire Service.

LG Electronics celebrates this Independence Day, by announcing its contribution under ‘Kar Salaam- A CSR initiative’. Under the aegis of this initiative, LG Electronics will donate 1 crore to Armed Forces Flag Day Fund (AFFDF) under Kendriya Sainik Board Secretariat (KSB SECTT), a nodal organization of the Govt. of India, Ministry of Defence. AFFDF is dedicated to welfare of war widows, children of martyr’s, war disabled soldiers & Ex-servicemen.  Kar Salaam initiative was started 3 years ago by LG Electronics, dedicated to the soldiers of India. Through the initiative, LG…

Delhi Deputy CM and Education Minister Manish Sisodia, while speaking to the media raised issues of students taking vocational courses. He said that universities like Delhi University etc., are not treating those students equally to the students taking a regular degree.   The minister in a press meet raised the question of how the goal of giving a push to vocational education as mentioned in the new National Education Policy can be achieved when the system does not respect those with skill education.   He further added that students with…

Biological E. Limited (“BE”) has entered into an agreement with Janssen Pharmaceutica NV (“Janssen”), one of the Janssen Pharmaceutical companies of Johnson & Johnson, for the creation / enhancement of manufacturing capacities for drug substance and drug product for Johnson & Johnson’s COVID-19 vaccine candidate, Ad26.COV2.S. Johnson & Johnson’s COVID-19 vaccine candidate is currently in Phase 1/2a clinical trials.   “We are very pleased indeed to collaborate with an organisation like Johnson & Johnson. Given the magnitude of the COVID-19 pandemic, our ability to mount an effective response will be predicated on the ability…

Global tech giant Huawei held its Asia Pacific Financial Industry Storage Summit 2020 on Thursday. Business and technology leaders across the region gathered to discuss how 5G and the revolution in the data storage world will define the future of financial industry in the “new normal.”   Themed “Unleash the power of data-driven intelligent finance,” the virtual conference brought together key decision-makers from financial institutions such as The Asian Banker, DBS Bank and China Construction Bank Asia, to address the latest trends, developments and data-driven opportunities in the industry.   COVID-19 drives use…

Following the news that German auto maker Volkswagen plans to exit diesel vehicle segment in India;   Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view:   “OEMs are certainly not finding the diesel segment in India as lucrative as before. Market leader Maruti Suzuki and other players including Nissan and Renault are looking to phase out their existing diesel variants and introduce more petrol, CNG or hybrid variants. Volkswagen is the latest OEM to join the list as the company plans…

The Indian motor insurance business is expected to contract by 27.2% in 2020, a sharp decline from the 10.1% growth witnessed in 2019, according to GlobalData, a leading data and analytics company.   GlobalData has revised India’s motor insurance forecast in the aftermath of the COVID-19 outbreak. As per the latest data, motor insurance business is expected to register a compound annual growth rate (CAGR) of 1.1% over 2019-2023, compared to the earlier forecast of 11.3%. This is primarily due to the current economic uncertainty and lockdown restrictions imposed in…

Baba Ramdev’s Patanjali Ayurved is considering to bid for the title sponsorship of the upcoming Indian Premier League (IPL). The slot of the title sponsorship of IPL was vacated after the Chinese handset maker Vivo decided to exit from it. This would help Patanjali to access a global marketing platform, as Patanjali is focusing on exports for its Ayurveda-based FMCG products.This is for Vocal For Local and making one Indian brand as global, this is the right platform. “We have to take a final decision, whether we would take it…

After Home Minister Amit Shah came negative on COVID19, another politician declared himself to be positive on the pandemic.   Former President of India, Pranab Mukherjee, has tested positive for coronavirus. He confirmed the news on Twitter.   Mukherjee urged people who came in contact with him in the last week to get tested and go into self isolation.   “On a visit to the hospital for a separate procedure, I have tested positive for COVID19 today. I request the people who came in contact with me in the last…

Professor Pradeep Kumar Joshi has been appointed as the new Chairman of the Union Public Service Commission (UPSC). Prof. Joshi will succeed Arvind Saxena who completes his term as UPSC Chairman. Joshi has joined the commission in May 2015 as a member. His tenure as the Chairman of the UPSC will be till May 12, 2021.   Earlier, Joshi was the Chairman of both Chhattisgarh and Madhya Pradesh Public Service Commissions. Prof. Joshi also served as Director, National Institute of Educational Planning & Administration (NIEPA). Prof. Joshi did his Post…