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Technology giant IBM said it has appointed Karan Bajwa Managing Director of its India operationsHe succeeds VanithaNarayana, who has been elevated as Chairman of IBM India.Bajwa joined IBM last year as Executive for Strategy and Transformation in the Asia Pacific region. Previously, he was Microsoft India’s managing director.
Foreign direct investment inflows into the country grew over 27 per cent, to 27.8 billion dollars during the April to October 2016 period.According to the Department of Industrial Policy and Promotion, the main sectors to attract foreign inflows include telecom, trading, computer hardware and software and automobiles.India receives maximum FDI from Singapore, Mauritius, the Netherlands and Japan.
The Government of India launched  (UDAY) web portal and mobile app in a bid to track and monitor the progress of DISCOMs on operational and financial parameters.Minister of State (Independent Charge) for Power, Coal & New and Renewable Energy and Mines, PiyushGoyal launched the web portal and a Mobile App for one of India’s most talked about scheme—-or the...
The Union Cabinet has approved signing of MoU between India and Kenya on bilateral cooperation in the field of agriculture and allied sectors.The MoU covers various activities in these fields which include agricultural research, animal husbandry and dairy, livestock etc.The MoU provides for constitution of a Joint Working Group comprising of representatives from both countries.
Textile Minister SmritiIrani has launched a BunkarMitra-Handloom Helpline Centre where professional queries of weavers will be answered by the experts in the field. The toll free number is 1800-208-9988.This helpline will function from 10.00 AM to 6 PM and weavers can call from anywhere in country. Initially it will provide information in 7 languages. These are Hindi, English, Telugu,...
PM inaugurates Indian Science Congress in TirupatiPrime Minister Narendra Modi inaugurated the 104th Indian Science Congress at Taraka rama Stadium of Sri Venkateswara University in Tirupati in Andhra Pradesh today.The theme for the five-day event is 'Science and Technology for National Development'. The Prime Minister also felicitated Nobel laureates at the conclave.Prime Minister Narendra Modi said that the government...
David R Syiemlieh has been appointed today as the Chairman of the Union Public Service Commission (UPSC).An official statement said President Pranab Mukherjee has appointed Prof David R Syiemlieh, Member, Union Public Service Commission, with effect from January 4, 2017 till further Order.He will take over from AlkaSirohi, a former IAS officer of the Madhya Pradesh cadre.
Public sector lender Bank of BarodaBSE 0.60 % has entered into a partnership with CNX Corporation (CNX) with an objective to provide collateral management services towards the loans against warehouse receipt sanctioned to the farmers through the network of the bank's branches across the country.CNX is engaged in providing warehouse management services relating to commodities and inventories which...
RBI has asked banks to supply at least 40 per cent of currency to rural areas, after observing that bank notes, being supplied to rural areas, at present, are not in proportion with the requirements of rural population.In a notification today, the apex bank advised banks to increase supply of fresh notes and asked currency chests to issue...
India has ranked third among the countries offering the highest average annual salary to expatriates, according to HSBC Holdings data.Notably, Switzerland offers an average salary of $188,275 a year to expats, the highest in the world and almost twice the global average.Further, the best employment packages, including health benefits, are found in Middle East countries like Bahrain.

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