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Pollution Pods at the COP25

Pollution pods have been set up in Madrid where the Conference of Parties Climate Summit is taking place. These are art installations that also serve as an awareness tool. These were created by Scottish artist Michael Pinsky. These pods let visitors experience the air quality in various cities around the world. These pods are a ..

ArcelorMittal’s takeover of Essar cleared by apex court

On 15 Nov, the three judge bench of the Supreme Court has accepted world’s largest steelmaker, Arcelor Mittal’s offer to pay an aggregate Rs 42,000 crore as an upfront amount to the secured financial creditors of bankrupt Essar Steel.  This creates a path  for Arcelor Mittal to take over Essar and enter the world’s second ..

Ministry of Skill Development & Entrepreneurship launches Skills Build platform

The Ministry of Skill Development & Entrepreneurship (MSDE) has recently launched the  SkillsBuild platform in collaboration with IBM to offer digital learning content from IBM and partners such as CodeDoor, Coorpacademy and Skillsoft. This initiative is part of IBM’s global commitment to create a job-ready workforce and to build the next generation of skills needed ..

Madhuri Vijay wins JCB Prize for Literature 2019

US based-Indian author Madhuri Vijay has won the JCB Prize for Literature 2019 for her debut novel ‘The Far Field’ at Rambagh Palace in Jaipur. It is the most expensive Indian award for writing. She also received a cash prize of Rs 25 lakh, along with a sculpture by Delhi artist duo Thukral & Tagra ..

Petroleum minister Dharmendra Pradhan visits oil field

The Sakhalin oil field in Russia is a prolific oil producing field like Bombay High. Exxon Mobil, Rosneft, Japanese SODECO and ONGC Videsh are the partners in this field which will continue to produce oil and gas till 2055. It is in news because the Union Minister of Petroleum and Natural Gas & Steel – ..

Supreme Court upholds definition of Adjusted Gross Revenue

The Supreme Court (SC) has recently upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the Department of Telecommunications (DoT). As per SC ruling, the telecom companies will now have to pay up approx Rs 92,642 crore to the government, more than half of which are owed by Airtel and Vodafone. The ..

Indian Overseas Bank launches an healthcare insurance policy in collaboration with Universal Sompo General Insurance Company Ltd

Public sector Indian Overseas Bank unveiled a healthcare insurance policy through online platform in association with Universal Sompo General Insurance Company Ltd. The policy offered on real time basis to customers at the branches of Indian Overseas Bank through integration of technology of the two institutions. The co-branded healthcare policy designed by Universal Sompo General ..

HPCL and Power Grid Corporation get Maharatna status in October 2019

Government of India has accorded ‘Maharatna’ status to public sector undertaking’s (PSU’s) Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation. Two separate orders to this effect were issued by Department of Public Enterprises, under Union Ministry of Heavy Industry and Public Enterprises.