Current Affairs Today 13th March 2020-Download in PDF

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Current Affairs Today – 13th March 2020

NEWS AT A GLANCE

  • The State Bank of India has waived off the minimum balance charges on all savings bank accounts.
  • SBI will infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan.
  • ICICI Bank approves an investment of Rs1,000 crore to revive capital-starved Yes Bank.
  • Axis Bank announced investment of Rs600 crore at Rs10 per share.
  • The Department of Posts has introduced a free digital parcel locker service in the city from 11 March for the first time in India.
  • Indian MarTech Company, AdGlobal360 has been acquired by Japanese company Hakuhodo Inc for an undisclosed sum.
  • The government today hiked the dearness allowance (DA) by 4%.
  • National Crime Records Bureau (NCRB) launched Crime Multi-Agency Centre (Cri-MAC) and National Cybercrime Training Centre (NCTC) on 12 March during the celebration of its 35th Inception Day.
  • Anganwadi Workers are provided with Smart Phone through States for Integrated Child Development Services (ICDS)-Common Application Software (CAS) developed under POSHAN Abhiyaan.
  • Government is planning to approve licence for the persons with Colour blindness. People with a mild or moderate colour vision deficiency may get to drive commercial vehicles too.
  • Facebook India has launched its (corporate social responsibility) CSR initiative, Facebook “Pragati” to promote women entrepreneurship in India.
  • New coronavirus quarantine facilities have been set up in seven cities located across the nation by the Indian Armed Forces for accomodating nearly 400 Indians who are expected to return from Iran.
  • India offered 600 tonnes of rice to flood victims of Madagascar
  • The Maharashtra state cabinet government approved the renaming Mumbai Central Terminus station as Nana Shankarseth Terminus Station or Jagannath Sunkersett.
  • The Assam government to construct 33 stadiums in the state under Uttaran scheme.
  • Hiding of information about Corona virus infection has been made a punishable offense in Bangladesh.
  • India gets the second rank in Global Animal Protection Index 2020.
  • An Indian low-cost airline, SpiceJet has signed a pact with GMR Hyderabad Aviation SEZ Limited (GHASL).
  • The Government of India, Government of Himachal Pradesh have signed a US$80 million loan agreement with the World Bank.
  • Microsoft has appointed Eric Horvitz as its first-ever Chief Scientific Officer (CSO).
  • Indian Police Service (IPS) officer of Haryana cadre Surjit Singh Deswal took over the additional charge of Director General (DG) of Border Security Force (BSF).
  • American golfer Tiger Woods will be elected in the World Golf Hall of Fame as part of the class of 2021.
  • The rise in the number of coronavirus cases has prompted Board of Control for Cricket in India (BCCI) to postpone IPL 2020.
  • IDFC FIRST Bank has signed Amitabh Bachchan as its brand ambassador.
  • Google launched a new Chrome tool that will allow developers to tune their websites for visual impairments like color blindness to help them fix accessibility issues on their sites.
  • The Indian Institute of Technology (IIT) Mandi will establish a Technology Innovation Hub (TIH) under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS).
  • Veteran Bengali actor Santu Mukhopadhyay passed away. He was popular for his roles in films like ‘Sansar Simante’ and ‘Bhalobasa Bhalobasa’.

NEWS IN DETAILS

BANKING AND FINANCE CURRENT AFFAIRS

SBI removes minimum balance charges from all savings bank accounts

  • The State Bank of India has waived off the minimum balance charges on all savings bank accounts.
  • SBI has waive charges for non-maintenance of Average Monthly Balance (AMB) for all 44.51 crore savings bank accounts.
  • Earlier, SBI was levying a penalty of Rs 5 to Rs 15 along with taxes on non-maintenance of average monthly balance of Rs 3000, Rs 2000 and Rs 1000 in metro, semi urban and rural areas respectively.
  • Along with the charges for non-maintenance of Average Monthly Balance, the public sector bank has also waived of SMS charges.

SBI to invest Rs 7,250 cr in crisis-hit YES Bank as part of RBI rescue plan

  • SBI will infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan.

Highlights:

  • SBI will pick 7,250 million shares at Rs 10 each, and its shareholding will remain within 49 per cent of the paid-up capital of the private sector lender.
  • SBI cannot reduce its holding below 26 per cent for the next three years.
  • Under the restructuring scheme, the authorised capital shall stand altered to Rs 5,000 crore.
  • The number of equity shares will stand altered to 24,000 million of Rs 2 each aggregating to Rs 4,800 crore.

NOTE: SBI will hold 45.74% and LIC 9.81%. Private lenders including HDFC and ICICI Bank will hold 6.31% each while Axis Bank and Kotak Mahindra Bank will hold 3.15% each.

Extra Shots:

RBI: The Reserve Bank of India is India’s central banking institution, which controls the issuance and supply of the Indian rupee.

  • Founded: 1 April 1935, Kolkata
  • Headquarters: Mumbai
  • Governor: Shaktikanta Das
  • Deputy Governors: B P Kanungo, M K Jain, N S Vishwanathan

Yes Bank: Yes Bank Limited is an Indian private sector bank, founded by Rana Kapoor and Ashok Kapur in 2004. It primarily operated as a corporate bank, with retail banking and also asset management as subsidiary function.

  • CEO: Ravneet Gill
  • Headquarters: Mumbai
  • Tagline: Experience our Expertise

ICICI Bank to invest Rs1,000 crore in Yes Bank

  • ICICI Bank approves an investment of Rs1,000 crore to revive capital-starved Yes Bank.
  • ICICI Bank board approves to acquire 100 crore equity shares in Yes Bank at Rs10 per share.
  • This investment is likely to result in ICICI Bank Limited holding in excess of 5% shareholding in Yes Bank Ltd.
  • SBI will invest up to 49% of equity in Yes Bank. Other investors also being invited for the bank’s reconstruction plan.
  • Country’s largest lender cannot reduce its holding below 26% before for the next three years.
  • For others, there will be a lock-in period of 3 yrs of 75% of their investment.

NOTE: SBI will hold 45.74% and LIC 9.81%. Private lenders including HDFC and ICICI Bank will hold 6.31% each while Axis Bank and Kotak Mahindra Bank will hold 3.15% each.

Extra Shots:

ICICI bank:

  • Founded: 1994
  • Headquarters: Mumbai, Maharashtra
  • President: Sandeep Batra
  • Tagline: Hum Hai Na, Khayal Apka

Axis Bank will invest Rs600 cr in the private lender

  • Axis Bank announced investment of Rs600 crore at Rs10 per share.
  • Axis Bank to invest a sum of up to Rs. 600 crore (Rupees six hundred crore only) for acquiring up to 60 crore equity shares of Rs. 2 each (Rupees two only) of Yes Bank Limited, for cash, at a premium of Rs. 8 (Rupees eight only) per equity share.

NOTE: SBI will hold 45.74% and LIC 9.81%. Private lenders including HDFC and ICICI Bank will hold 6.31% each while Axis Bank and Kotak Mahindra Bank will hold 3.15% each.

Extra Shots:

Axis Bank is the fifth-largest bank in India offering a wide assortment of financial products. The bank has its head office in Mumbai, Maharashtra. It has 4,050 branches, 11,801 ATMs and 4,917 cash recyclers spread across the country as of 31 March 2019 and nine international offices.

  • CEO: Amitabh Chaudhry
  • Headquarters: Mumbai

India Post launched free digital parcel locker service

  • The Department of Posts has introduced a free digital parcel locker service in the city from 11 March for the first time in India.
  • The Chief Post Master General, West Bengal Circle, Gautam Bhattacharya, inaugurated the service from the Nabadiganta IT Post Office.

Free digital parcel locker:

  • Free digital parcel locker facility will be available in two post offices in Kolkata, one in the Nabadiganta IT Post Office in Sector 5 of Salt Lake City and two another in New Town.
  • The locker will enable customers to collect their consignment from specified post offices at their convenience.
  • The facility is popular in European countries. It will be limited to consignments received through registered post or speed post.
  • This facility will be given for the working people who cannot receive parcels because they have no one at home to receive consignments during office hours
  • Specific locker number will be given to a customer, where India Post will drop the parcel. The consignments will be dropped into the digital parcel locker, and an SMS will be issued along with an OTP number to the customer concerned.
  • The consignment will remain accessible to customers for seven days during which they can collect the parcel at any time of the day.

BUSINESS AND ECONOMY

Japanese company Hakuhodo acquires AdGlobal360

  • Indian MarTech Company, AdGlobal360 has been acquired by Japanese company Hakuhodo Inc for an undisclosed sum.
  • Adglobal360 is India’s fastest growing MarTech Company headquartered in Gurugram, Haryana.
  • The MarTech Company facilitates its customers with end to end digital solutions.
  • Hakuhodo Inc is Japan’s second largest advertising company which was founded in 1895.
  • It is an integrated advertising and communication agency which has international presence in 17 countries and regions.
  • In India, Hakuhodo offers communication and business solutions to clients by integrating skill sets into a single structure.

DA (dearness allowance) of government employees hiked by 4%

  • The government today hiked the dearness allowance (DA) by 4%.
  • It means the dearness allowance has been increased from 17% of basic pay/pension to 21% of basic pay/pension for central government employees and pensioners.
  • The decision was approved in a cabinet meet chaired by Prime Minister Narendra Modi.
  • The hike would be effective from January 1.
  • The cost to the exchequer will be Rs14,500 crore.
  • The move will benefit at least 50 lakh government employees and 65 lakh pensioners

NATIONAL CURRENT AFFAIRS

NCRB launched Crime Multi-Agency Centre and National Cybercrime Training Centre

  • National Crime Records Bureau (NCRB) launched Crime Multi-Agency Centre (Cri-MAC) and National Cybercrime Training Centre (NCTC) on 12 March during the celebration of its 35th Inception Day.
  • It was launched by Union Minister of State for Home Shri Nityanand Rai.

Highlights:

  • Medals were given to officers for meritorious service and other awards.
  • Cri-MAC was launched for sharing of information on crime and other issues related to inter-state coordination.
  • Also, NCTC was Launched for professional quality e-Learning services on cybercrime investigation on a large scale to police officers, judges, prosecutors, and other stakeholders.

Extra Shots:

NCRB: The National Crime Records Bureau, abbreviated to NCRB, is an Indian government agency responsible for collecting and analysing crime data as defined by the Indian Penal Code and Special and Local Laws. NCRB is headquartered in New Delhi and is part of the Ministry of Home Affairs, Government of India.

  • Headquarters location: New Delhi
  • Founded: 11 March 1986
  • Agency executive: Ramphal Pawar, IPS, Director;
  • Motto: Empowering Indian Police with Information Technology
  • Jurisdiction: India
  • Parent department: Ministry of Home Affairs

Anganwadi Workers were given Smart Phone for ICDS-CAS

  • Anganwadi Workers are provided with Smart Phone through States for Integrated Child Development Services (ICDS)-Common Application Software (CAS) developed under POSHAN Abhiyaan.
  • Union Women and Child Development Minister Smriti Zubin Irani announced the information.

Smart Phone for Anganwadi Workers:

  • The aim of distributing Smart Phone will enable efficient service delivery and efficient monitoring.
  • POSHAN Abhiyaan aims to provide Smart Phone-based mobile Application to all Anganwadi Centres across 36 States/UTs.
  • As of 29 February 2020, more than 6.25 lakh Anganwadi Workers across 28 States/UTs are using the application for service delivery.
  • Due to the delay in the procurement of smartphones by the States, some states have not yet provided the smartphones to the Anganwadi Workers.

Extra Shots:

ICDS: Integrated Child Development Services is a government programme in India which provides food, preschool education, primary healthcare, immunization, health check-up and referral services to children under 6 years of age and their mothers.

  • Official website: icds-wcd.nic.in
  • Launch year: 1975
  • Sector: Child development
  • Ministry: Ministry of Women and Child Development

GoI might approve license for persons with Colour blindness

  • Government is planning to approve licence for the persons with Colour blindness. People with a mild or moderate colour vision deficiency may get to drive commercial vehicles too.

AIIMS Study:

  • Ministry of road transport is to prepare draft norms after a panel of ophthalmologists from AIIMS gave its recommendations on this issue.
  • For this purpose, the Ministry had referred the case to AIIMS to seek its view after receiving it.
  • The AIIMS panel stated that the European Union had dropped the provision of colour blindness to obtain a driving licence while in the US, licences are not issued to such persons for driving commercial vehicles.

Facebook launches ‘Pragati’ to boost women entrepreneurship in India

  • Facebook India has launched its (corporate social responsibility) CSR initiative, Facebook “Pragati” to promote women entrepreneurship in India.
  • Facebook Pragati powered by N/Core (The/Nudge Centre for Social Innovation).
  • The initiative will incubate and accelerate early-stage women-led non-profits that are working to drive women entrepreneurship and to spread awareness and adoption of technology among women in India.
  • Facebook Pragati will award four grants of up to Rs50 lakh for each non-profit to scale their work.
  • The programme will work on building second-tier capacity within the non-profits, with a series of functional mentors across marketing, HR and technology.
  • Apart from creating sustainability, this will also allow founders to spend time on strategic growth, resulting in scaling up faster.

Extra Shots:

Facebook: Facebook, Inc. is an American social media and technology company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo .

  • CEO: Mark Zuckerberg
  • Founded: February 2004, Cambridge, Massachusetts, United States

New quarantine facilities set up in seven cities

  • New coronavirus quarantine facilities have been set up in seven cities located across the nation by the Indian Armed Forces for accomodating nearly 400 Indians who are expected to return from Iran.
  • In the next two to three days, we are expecting more citizens to come back to India. Col Aman also said that the new facilities are at places including Jodhpur, Jhansi, Gorakhpur, Kolkata, Jaisalmer, Chennai and Deolali where we can quarantine these people.

India offered 600 tonnes of rice to flood victims of Madagascar

  • India offered 600 tonnes of rice to flood victims of Madagascar. Indian Naval Ship (INS) Shardul brought the relief material and arrived at Port Antsiranana in Madagascar.
  • This is The second delivery of relief materials was handed over by Ambassador Abhay Kumar to Madagascar Foreign Minister Tehindrazanarivelo Djacoba Liva.
  • The rice is to be distributed to the people who are affected by cyclone Diane that hit Madagascar coast in the month of January 2020.

Extra Shots:

Madagascar (Capital/Currency): Antananarivo/ Malagasy ariary (MGA)

  • President: Andry Rajoelina
  • Prime Minister: Christian Ntsay
  • Official: Malagasy, French

STATE CURRENT AFFAIRS

Maharashtra approved renaming Mumbai Central Terminus station as Nana Shankarseth Terminus Station

  • The Maharashtra state cabinet government approved the renaming Mumbai Central Terminus station as Nana Shankarseth Terminus Station or Jagannath Sunkersett.
  • The proposal will be sent to the Ministry of Railways for its approval.
  • The proposal was initiated by the transport ministry headed by Anil Parab.

Extra Shots:

Jagannath Sunkersett:

  • Jagannath Sunkersett was born on 10 February 1803 in Mumbai. He was a very reliable businessman. He was one of the first directors of India’s first railway company.

Maharashtra:

  • Capital: Mumbai
  • Chief Minister: Uddhav Thackeray
  • Governor: Bhagat Singh Koshyari
  • National Parks: Chandoli National Park, Nawegaon National Park, Gugamal National Park, Pench National Park, Sanjay Gandhi (Borivilli) National Park, Tadoba National Park
  • Wildlife Sanctuaries: Amba Barwa WLS, Bor WLS, Great Indian Bustard WLS,
  • Lonar WLS, Melghat WLS, Gangewadi New Great Indian Bustard WLS, etc..

Assam govt to construct 33 stadiums in state under Uttran scheme

  • The Assam government to construct 33 stadiums in the state under Uttaran scheme.
  • 300 crore rupees will be spent to build the stadiums across the state.
  • 500 playgrounds are being developed at the state to encourage rural talents.
  • State of the art sports facilities are being set up in Assam. 50 thousand rupees to be given to one thousand players and 2500 clubs to get a grant of Rs. 75 thousand.

Extra Shots:

Assam:

  • Capital: Dispur
  • Chief Minister: Sarbananda Sonowal
  • Governor: Jagdish Mukhi
  • National Park: Dibru-Saikhowa NP, Kaziranga NP, Manas NP, Nameri NP, Rajiv Gandhi Orang NP

INTERNATIONAL CURRENT AFFAIRS

Hiding information on Corona virus infection made punishable offense in Bangladesh

  • Hiding of information about Corona virus infection has been made a punishable offense in Bangladesh.
  • legal action may be taken against the person under the Communicable Disease Prevention Act
  • The act empowers the government to sentence a person who gives wrong information about a communicable disease like Corona to two months imprisonment or a fine of Tk 25 thousand or both.

Extra Shots:

Bangladesh (Capital/Currency): Dhaka/Taka

  • Prime Minister: Sheikh Hasina

RANKS AND INDICES

India ranks second in Global Animal Protection Index 2020

  • India gets the second rank in Global Animal Protection Index 2020.
  • This Index was released by International animal welfare charity “World Animal Protection” released.
  • The Animal Protection Index (API) aims to showcase where countries are doing well, and where they fall short on animal welfare policy and legislation.
  • The index ranks countries from A (being the highest score) to G (being the weakest score) according to their policy and legislation.
  • India has attained a C ranking in the index.
  • India was ranked along with Spain, Mexico, France and New Zealand. Sweden, the United Kingdom, and Austria are rated with the highest scores, which is encouraging.

AGREEMENTS AND MOU SIGNED

SpiceJet to set up warehousing & distribution facility at GAHSL

  • An Indian low-cost airline, SpiceJet has signed a pact with GMR Hyderabad Aviation SEZ Limited (GHASL).
  • According to the pact, SpiceJet will set up warehousing, distribution and trading facility in the aerospace and industrial park of GHASL.
  • “Ready-to-Use” industrial infrastructure is offered by the park with the flexibility of choosing land within SEZ for business purposes.
  • The warehousing, distribution and trading facility set up will be installed within the Free Trade Warehousing Zone of multi-product special economic zone (SEZ).

Extra Shots:

SpiceJet: SpiceJet is an Indian low-cost airline headquartered in Gurgaon, India. It is the second largest airline in the country by number of domestic passengers carried, with a market share of 13.6% as of March 2019.

  • CEO: Ajay Singh
  • Headquarters: Gurugram

HP to get US$80 Mn to improve water management practices

  • The Government of India, Government of Himachal Pradesh have signed a US$80 million loan agreement with the World Bank.
  • The loan agreement aims to enhance water management practices and to improve agricultural productivity in 428 Gram Panchayats of Himachal Pradesh.
  • A US$80 million loan agreement has been signed by Government of India & Government of Himachal Pradesh with the World Bank.
  • The loan amount will be fulfilled by International Bank for Reconstruction and Development (IBRD).
  • According to the agreement, the loan amount has a final maturity of 14.5 years which also includes a grace period of 5 years.

Extra Shots:

Himachal Pradesh:

  • State formed on: 25 January 1971
  • Governor: Bandaru Dattatreya
  • Chief Justice: Lingappa Narayana Swamy
  • Chief Minister: Jai Ram Thakur
  • Official language: Hindi

APPOINTMENT

Eric Horvitz appointed as CSO of Microsoft

  • Microsoft has appointed Eric Horvitz as its first-ever Chief Scientific Officer (CSO).
  • He will provide cross-company leadership on advances and trends on scientific matters and on issues and opportunities arising at the intersection of technology people and society.
  • The team under Horvitz will advise the company on its scientific directions and capabilities, including standing up new initiatives, providing guidance on company priorities, and assessing important areas for investment in science and technology.

Extra Shots:

Eric Horvitz:

  • Horvitz who joined Microsoft in 1993. He was a Technical Fellow and Director at Microsoft’s Research Labs. He has co-chaired the company’s Artificial Intelligence and Ethics in Engineering and Research (AETHER) Committee.

Microsoft Corporation is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

  • CEO: Satya Nadella
  • Headquarters: Redmond, Washington, United States
  • Founders: Bill Gates, Paul Allen

Surjit Singh Deswal gets additional charge of BSF DG

  • Indian Police Service (IPS) officer of Haryana cadre Surjit Singh Deswal took over the additional charge of Director General (DG) of Border Security Force (BSF).
  • Deswal, a 1984-batch IPS officer, is currently the Director-General of Indo-Tibet Border Police.
  • He has succeeded Director-General Vivek Johri, who has been appointed Director-General of Madhya Pradesh Police.

Extra Shots:

BSF: The Border Security Force is the border police organisation of India. It is one of the seven Central Armed Police Forces of India, and was raised in the wake of the 1965 War on 1 December 1965, “for ensuring the security of the borders of India and for matters connected there with”.

  • Motto: जीवन पर्यन्त कर्तव्य (Duty Unto Death)
  • Headquarters: New Delhi
  • General nature: Federal law enforcement
  • Founder: Khusro Faramurz Rustamji
  • Founded: 1 December 1965
  • Minister responsible: Amit Shah, Minister of Home Affairs

SPORTS CURRENT AFFAIRS

World Golf Hall of Fame to induct Tiger Woods in Class of 2021

  • American golfer Tiger Woods will be elected in the World Golf Hall of Fame as part of the class of 2021.
  • Woods was among 10 finalists named in March as candidates for 2021.
  • His 93 worldwide victories include a record-tying 82 US PGA Tour titles.
  • He won his 15th major title at the Masters last April.
  • Woods is a three-time winner of the career Grand Slam and in 2000-01 completed the “Tiger Slam” when he became the first golfer since Bobby Jones to hold all four major championship titles at the same time.
  • The 2021 class was chosen by Hall’s selection committee, a 20-member panel.

IPL 2020 postponed till April 15

  • The rise in the number of coronavirus cases has prompted Board of Control for Cricket in India (BCCI) to postpone IPL 2020.
  • The BCCI postponed the tournament till April 15.
  • The Twenty20 cricket tournament was scheduled to commence on March 29.
  • So far, India has recorded 78 cases of coronavirus infection, according to the Union Health Ministry.
  • Indian government suspended visas of all foreign nationals coming to the country from today till 15 April. So, no foreign player will be available for this year’s IPL till that time.

Extra Shots:

BCCI: The Board of Control for Cricket in India is the national governing body for cricket in India. The board was formed in December 1928 as a society, registered under the Tamil Nadu Societies Registration Act.

  • Secretary: Jay Shah
  • Headquarters: Mumbai
  • CEO: Rahul Johri
  • Vice president(s): Mahim Verma
  • Founded: December 1928
  • Presidents: C.K. Khanna, Sourav Ganguly

AWARDS

Amitabh Bachchan becomes brand ambassador of IDFC FIRST Bank

  • IDFC FIRST Bank has signed Amitabh Bachchan as its brand ambassador.
  • With this, Amitabh Bachchan has become the first ever brand ambassador of the bank.
  • IDFC FIRST Bank provides its customers a range of services including savings account and current accounts, NRI accounts, salary accounts to home and personal loans, small business loans, among others.

Extra Shots:

IDFC First Bank is an Indian banking company with headquarters in Mumbai that forms part of IDFC, an integrated infrastructure finance company. The bank started operations on 1 October 2015. IDFC received a universal banking licence from the Reserve Bank of India in July 2015.

  • Headquarters: Mumbai
  • CEO: V. Vaidyanathan
  • Parent organization: Infrastructure Development Finance Company
  • Subsidiaries: Grama Vidiyal, Idfc First Bank Limited, Asset Management Arm

SCIENCE & TECHNOLOGY

Google launched a tool to help developers make websites more color blind friendly

  • Google launched a new Chrome tool that will allow developers to tune their websites for visual impairments like color blindness to help them fix accessibility issues on their sites.

Highlights:

  • The developers can use this feature by launching Google Chrome.
  • The developers can head to the browser’s Developer tools. Choose More tools, then select Rendering and Emulate visual deficiencies.
  • The emulate vision deficiencies features a drop-down menu of vision limitations.
  • The developer should select one from the menu, such as tritanopia (a condition where a person cannot distinguish the colors blue and yellow).
  • It would allow developers to mimic the condition, changing the colors of their site so they can see if it’s difficult to read without those specific colors.
  • Google’s new developer tools follow the release of Firefox’s visual disability dev tools.

Extra Shots:

Google: Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware.

  • CEO: Sundar Pichai
  • Founded: 4 September 1998, Menlo Park, California, United States
  • Parent organization: Alphabet Inc.
  • Headquarters: Mountain View, California, United States
  • Subsidiaries: YouTube, Google.org, Google Nest, YouTube TV, MORE
  • Founders: Larry Page, Sergey Brin

“Technology Innovation Hub” to be established at IIT Mandi

  • The Indian Institute of Technology (IIT) Mandi will establish a Technology Innovation Hub (TIH) under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS).
  • The Technology Innovation Hub will be established with the help of Rs 7.25 crore sanctioned by the Department of Science and Technology (DST) to IIT Mandi.
  • Through Technology Innovation Hub, human-computer interaction (HCI) research programmes will take place in IIT Mandi with focus on design and development of computer technology (interfaces).
  • It will also include the study of interaction between humans (users) and computers.
  • The TIH will also focus on human resource & skill development, entrepreneurship and collaboration with other leading institutions.

OBITUARIES

Veteran Bengali actor Santu Mukhopadhyay passes away

  • Veteran Bengali actor Santu Mukhopadhyay passed away. He was popular for his roles in films like ‘Sansar Simante’ and ‘Bhalobasa Bhalobasa’.
  • His other popular films includes Raja, Ganadevata and Byapika Biday.
  • Kolkata born actor also acted in TV Serials like Isthi Kutum, Jol Nupur and Andarmahal.

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This post was last modified on March 15, 2020 9:14 am