Facts Box: Major Port at Vadhvan, Maharashtra

The Union Cabinet recently approved the proposal to set up major port at Vadhvan in Maharashtra. The GoI has sanctioned Rs 65,545 crores for the project. Highlights The port is being set up to achieve GoI target of developing infrastructure projects of worth 100 lakh crore rupees. The port will handle 16,000 to 25,000 TEUs ..

Month: Current Affairs - March, 2020

Category: Economy & Banking Current Affairs

Topics: infrastructure • Infrastructure Development • Mumbai • Ports • Shipping Vessels • Union Cabinet • Vadhvan port

Delhi Cloud Region

Google had announced plans to open a Cloud Region in Delhi. This is to be the second such establishment in India.  About Cloud Regions Cloud regions are real life geographical locations where the resources for the cloud services are located. In case of Google, Cloud regions are composed of several zones. The resources can be ..

Topics: Cloud computing • Cloud Region • Delhi • Google • Mumbai

“Microsoft Future Decoded – CEO Summit” held in Mumbai

Technology- Major Microsoft hosted its “Microsoft Future Decoded – CEO Summit” in Mumbai on February 24. The summit was attended by leaders of different fields. The gathering was addressed by Microsoft CEO Satya Nadella, during his three-day visit to India. Nadella also attended the ‘Microsoft Future Decoded – Tech Summit’ held at Bengaluru on February ..

Topics: Chief Executive Officers • Microsoft • Mumbai

Cabinet approves to set up Vardhavan port in Maharashtra

On February 5, 2020, the Union Cabinet approved to set up the Vardhavan port in Maharashtra. The port is to be developed in “Landlord Model”. The Jawaharlal Nehru Port Trust will act as the lead partner in developing the port. Highlights With the development of Vardhavan port, India will enter into the category of countries ..

Month: Current Affairs - February, 2020

Category: India Nation & States Current Affairs

Topics: Cargo Service • Cargo Shipping • infrastructure • Mumbai • Ports • Union Cabinet • vardhavan port

Sunil Mehta appointed as the Chief Executive of IBA

As per the recent announcement from the Indian Bank’s Association (IBA) made on Monday, 27th January 2020, Former Managing Director and CEO of Punjab National Bank, Sunil Mehta has taken charge as the Chief Executive of Indian Banks’ Association. The Association is based in Mumbai, Maharashtra was formed on 26th September 1946 as an association ..

Month: Current Affairs - January, 2020

Topics: Chairman of State Bank of India • Indian Banks' Association • Maharashtra • Mumbai • Punjab National Bank • Rajnish Kumar • Sunil Mehta • Union Bank of India