11. Ministry of Defence and Kotak Mahindra Life Insurance Collaborate to Provide Job Opportunities to Veterans
In a significant initiative aimed at supporting and empowering ex-servicemen, the Ministry of Defence has partnered with Kotak Mahindra Life Insurance Company Ltd. A Memorandum of Understanding (MoU) was signed between the Directorate General Resettlement (DGR), an arm of the Ministry of Defence, and Kotak Mahindra Life Insurance Company Ltd.
This collaboration seeks to create employment opportunities for veterans, enabling them to have a dignified second career in the corporate sector. The partnership aims to enhance the visibility of ex-servicemen in industries and facilitate the utilization of their skills and experience.
Appointments News
12. Reliance Tira set to sign Suhana Khan, Kiara Advani & more as brand ambassadors
Reliance Retail's beauty retail venture, Tira, is making strategic moves to enhance its presence in the booming beauty retail industry in India.
With a focus on an omni-channel retail strategy and a range of products across different price segments, Tira is set to launch a nationwide marketing campaign.
As part of this initiative, the company has signed popular Bollywood actresses Suhana Khan, Kiara Advani, and Kareena Kapoor Khan as its first brand ambassadors. This move aims to leverage their star power and capture the attention of consumers across the country.
12. Uttam Lal Appointed as NHPC's Director of Personnel
Uttam Lal has assumed the role of Director (Personnel) at NHPC Limited India, a leading hydropower company in India. Before joining NHPC, Mr. Lal held the position of Chief General Manager (HR-CSR/R&R/LA) at NTPC Limited.
With an extensive background of over 35 years, he brings immense expertise in Personnel Management, Industrial Relations, and Corporate Social Responsibility.
Mr. Lal's profound knowledge and extensive experience in the power sector make him a valuable asset, as he aims to effectively leverage the potential of human resources to contribute to the organization's goals and vision.
Awards News
13. RBI Chief Shaktikanta Das Named 'Governor Of The Year' At London's Central Banking Awards
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), was honored with the esteemed Governor of the Year Award for 2023. In his remarks, Das highlighted the evolving role of central banks in the monetary and financial systems, emphasizing that they are now tasked with significant responsibilities that go beyond their traditional mandates.
The award was presented by Central Banking, a prominent organization that thoroughly covers and examines matters concerning central banks and financial regulators globally, during its summer meetings held in London.
Sports News
14. KIIT-hosted 1st Janjatiya Khel Mahotsav Comes to an End in Odisha
The KIIT hosted the inaugural Janjatiya Khel Mahotsav, which is a spectacular sporting event that came to a close on June 12. The event has attracted around 5,000 indigenous athletes and 1,000 officials who represent 26 states.
It is a joint endeavor of the Odisha Government and the Union Ministry of Culture.
The event's opening ceremony was attended by Governor Prof Ganeshi Lal, Union Minister Dharmendra Pradhan, and the founder of KIIT and KISS, Dr Achyuta Samanta.
Science and Tech News
15. What is Betelgeuse, the bright red giant star?
The bright red star Betelgeuse, called ‘Thiruvathirai’ or ‘Ardra’ in Indian astronomy, is easily spotted in the constellation Orion.
Recent studies on the colossal red giant star Betelgeuse suggest that it is approaching the late stages of its life, specifically the carbon-burning phase, and there is a possibility that it will explode as a supernova within the next few decades. Stars are created from dense clouds of gas and dust known as nebulae.
Through the process of nuclear fusion, they convert hydrogen into helium, producing energy and emitting light.
As a star depletes its hydrogen fuel, it undergoes expansion and transforms into a red giant. During this phase, helium is fused into heavier elements such as carbon and oxygen.
