Page 4 - Domain B News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Technology Chintan Vaishnav to replace Ramanathan Ramanan as director of Atal Innovation Mission 05 April 2021  Acclaimed socio-technologist Chintan Vaishnav has been appointed as the new Mission Director for Atal Innovation Mission (AIM), a flagship initiative of the Government of India under the auspices of NITI Aayog. He takes over charge from Ramanathan Ramanan, who has been leading AIM as its first Mission Director since June 2017.  Vaishnav is moving from his present assignment at Massachusetts Institute of Technology (MIT), USA, to head AIM.   Ramanan, wno was with Tata Consultancy...

Industry > Industry monitor > Automobiles > Automobiles - general Renewal of vehicle registration, driving licence brought online 05 April 2021 The ministry of road transport and highways has issued  a press note bringing all documents relating to vehicle registration and renewal, granting of learner’s licence and licence renewal, surrender of licence etc under the electronic format. The notification has been issued under amended Central Motor Vehicle Rules 1989 and cover sections 4-28, 76 & 77( part) of the Motor Vehicles ( amendment) Act 2019.  The complete process of alteration and ret...

Industry > Industry monitor > Electricals 08 April 2021 Phase III of the National Super Computing Mission (NSM), initiated this year, will take the computing speed available in the country to around 45 Petaflops. This will include three systems of 3 PF each and one system of 20PF as a national facility. Infrastructure planned in NSM Phase I has already been installed and much of Phase II will be getting in place soon, helping to meet the increasing computational demands of academia, researchers, MSMEs, and startups in areas like oil exploration, flood prediction as well as genomics and drug d...

Finance > Banks & institutions > Companies (banking) > RBI RBI keeps poliy repo rate unchanged at 4% 07 April 2021 Reserve Bank of India (RBI) has decided to keep its key interest rates unchanged in view of the current and emerging situations. The Monetary Policy Committee (MPC) at its meeting today decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 3.35 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 4.25 per cent. The MPC also decided...

07 April 2021 Reliance Jio Infocomm Ltd (RJIL) on Tuesday said it has entered into a definitive agreement with Bharti Airtel Limited for acquisition of right to use spectrum in the 800 MHz band in Andhra Pradesh, Delhi and Mumbai circles through spectrum trading.  Jio signed an agreement with Airtel to aacquire some of the latter’s spectrum in the 800 MHz band in the three telecom circles, totally valued at Rs1,497 crore. As part of the agreement, Airtel would receive Rs1,038 crore from Jio for the proposed transfer. In addition, Jio will also assume the future liabilities of Rs459 crore r...