Chitra Nayak: Independent Director of Infosys
On 24 March 2021, Infosys, an IT services leader, announced the appointment of former Salesforce executive Chitra Nayak as independent director.
She will take over on 25 March 2021.
The appointment will be for a period of three years.
She was previously the Chief Operating Officer in an online SMB lending marketplace funding circle.
Khatabuk acquires BizAnalyst for $ 10 million
Fintech start-up Khatabuk has acquired Biz Analyst, a SaaS business management application, in a $ 10 million deal as a mix of cash and equity.
With the deal, Khatabuk will offer an opportunity to trade its customer base of over 10 million monthly active traders.
Biz Analyst is a cash flow optimistic commercial firm that delivers solutions to SMEs using tally accounting software.
HPCL to buy Guyana’s crude lisa-mittal
HPCL-Mittal Energy Limited has purchased 1 million barrels of Lisa Light Sweet Crude from Guyana.
It is run by the state-run Hindustan Petroleum Corp and steel tycoon LN. There is a joint venture between Mittal.
The cargo of Lisa Light Sweet Crude from Guyana will arrive at Mundra port around 8 April 2021.
HPCL-Mittal Energy is the first Indian company to purchase a crude Lisa from Guyana.
NITI Commission will appoint Transaction Advisor
The NITI Commission has decided to list the transaction advisor for monetization of assets and to further the process of disinvestment of public sector enterprises.
The proposed monetization aims to raise long-term private investment to operate and earn revenue from such core assets.
The government has kept a budget of Rs 1.75 lakh crore from stake sale in PSUs and financial institutions.
Government of Delhi: Implementation of ration scheme
After objecting to the name of the ‘Chief Minister’ of the Center, the Delhi Cabinet has decided to implement its doorstep ration delivery scheme without anonymity.
The AAP government had on 25 March decided to launch the ‘Mukhyamantri Ghar Ghar Ration Yojana’ promising distribution of ration to 100 households in Seemapuri area of Delhi.
The proposal of the scheme has been sent to the Center for approval.
ECI transfers to Coimbatore DC and commissioner
The Election Commission of India (ECI) has removed District Collector Rajamani of Coimbatore and Sumit Sharan, Commissioner of Police, to non-election posts.
The ECI gave the state government an IAS officer S.K. He also directed to appoint Nagarajan as the new district collector.
s. Davidson Devasheeravatham has been appointed as Commissioner of Police, Coimbatore.
According to the CCI, the firm has violated the provisions of the competition law through its “exploitative and exclusionary conduct”.
Maharashtra: First to administer 5 million doses
Maharashtra has developed the primary state in the country to manage 5 million doses.
In more than 3200 sessions, about 2.71 lakh citizens have been vaccinated in Maharashtra as of 24 March 21.
A whole of 43.83 lakh recipients have been immunized in the state so far.
According to data from the Ministry of Health and Family Welfare, the state also tops the number of beneficiaries vaccinated by March 25.
Brazil: Second among 3 million Kovid deaths
Brazil has become the second nation to reach the number of 300,000 with the confirmation of Kovid-19 deaths.
The US had reached the figure on 14 December 2020.
Brazil recorded 1 million coronovirus deaths in just 75 days.
According to health experts, there is a lack of political coordination due to high mortality, dissemination of new variants in the country and disregard for health protocols.
IMF approves $ 500 million disbursement to Pakistan
The International Monetary Fund (IMF) has accepted a payment of half a billion to Pakistan to help the country’s economy.
The Pakistan Board’s $ 2 billion loan program is being supported by the IMF Executive Board after completing delayed reviews.
The disbursement led to a total disbursement of $ 2 billion under the expanded funding facility as the program was first approved in July 2019.
Ralph Spieth: President of TVS Motor in 2023
On 24 March 2021, TVS Motor Company announced the appointment of Sir Ralph Spieth, the global automotive industry icon, to its board of directors.
He will replace Vinoo Srinivasan in 2023 as the new chairman. TVS Motor later announced the appointment of Kuok Meng Xiong as independent director.
Ralph previously worked with BMW and was CEO of Jaguar Land Rover for 11 years.
Tulip Garden opened in Srinagar
Asia’s major tulip garden in Srinagar is to be unlocked to the general community and travelers from 25 March 2021.
Tulip Garden is a garden featuring millions of tulips which is situated in the lap of Zabarwan Hills on the banks of Dal Lake.
Almond Wari Garden was already opened on 21 March 21, where the yield of almonds is high at present.
Parliament passed a bill
The Parliament has agreed the National Allied for Allied and Healthcare Professions Bill, 2021.
The bill pursues to create a national commission for associated and healthcare professions to regulate and regulate the education and behavior of allied and health professionals.
The Bill describes an ‘allied healthiness professional’ as a subordinate trained to assist in the treatment of any disease or injury.
Parliament passed NCT of Delhi Bill, 2021
The Parliament has accepted the National Capital Territory of Delhi Government (Amendment) Bill, 2021 with the endorsement of the Rajya Sabha.
This bill amending the National Capital Territory of Delhi Government Act, 1991 has already been passed in the Lok Sabha.
Therefore, the term ‘Government’ mentioned to in any law made by the Legislative Assembly of the Government of Delhi shall mean the Lieutenant Governor.
Justice Raman will be the next CJI
Chief Justice of India S.A. Bobde succeeded Justice N.V. as his successor. Raman’s name is recommended.
Justice Raman is to be appointed as the 48th CJI.
Chief Justice Bobde is due to retire on 23 April 21.
Justice Bobde was on oath in as the 47th CJI in November 2019.
After the sanction, Justice Raman is expected to take over as the next CJI on 24 April and retire on 26 August 2022.