Feb 20
IREDA and PNB partner to boost Renewable Energy Finance💥
✪ IREDA and PNB have signed a MoU for co-financing green energy projects across India.
☆ This pact sets the stage for collaborative efforts in co-lending and loan syndication for a wide array of renewable energy projects.
Feb 16
IIT Roorkee & EIL Forge Strategic Partnership to Advance Research and Innovation
✪ IIT Roorkee and Engineers India Limited have joined hands to drive innovation and advance research in critical areas of green technologies, marking a significant milestone in the pursuit of scientific excellence.
☆ Key research domains identified CO2 conversion to valuable chemicals for emissions reduction and economic opportunities.
Feb 15
TEC and AMRITA UNIVERSITY Join Forces to Develop Responsible AI
✪ Telecommunication Engineering Centre and Amrita University signed a Memorandum of Understanding for collaboration in the area of trustworthy and responsible artificial intelligence systems.
☆ The collaboration aims to drive advancements in Responsible AI, focusing on addressing biases in AI systems and promoting fairness assessments
Feb 14
MoD signs contract with AWEIL for Remote Control Guns for Indian Navy & Indian Coast Guard 💥
✪ The Ministry of Defence has signed a contract with Advanced Weapon Equipment India Ltd. (AWEIL) for 463 12.7 mm Stabilised Remote Control Guns (SRCG) for the Indian Navy and Coast Guard, valued at Rs. 1752.13 crores.
☆ This move aims to enhance maritime security by enabling precise targeting of small threats.
MoU extended for Dr. APJ Abdul Kalam Centre
✪ Ministry of Development of North-East Region (DoNER), North Eastern Council and IIM Shillong sign MoU for continued operation of Dr. APJ Abdul Kalam Centre for Policy Research and Analysis
☆ The Centre aims to assist North Eastern states and implementing agencies in planning and executing projects, promoting innovation, and serving as a repository of best practices.
☆ Dr. APJ Abdul Kalam Centre for Policy Research and Analysis at IIM Shillong is the outcome of a tripartite agreement between the three entitites signed on 15th October 2016
Feb 13
GBC 4.0: IT dept to ink deals worth ₹91000 crore💥
✪ IT department to roll out MoUs worth ₹91,000 crore at the groundbreaking ceremony (GBC) to be held on February 19.
☆Prime Minister Narendra Modi will launch 60 mega MoUs of the IT department, which are expected to generate 81,424 employment opportunities.
☆ Major investments include the Noida Data Center Park, TARQ Semiconductors Private Limited, and Sify Infinite Space Limited.
Feb 12
IREDA and IIT Bhubaneswar sign MoU for Clean Energy Innovation💥
✪ IREDA and IIT Bhubaneswar sign (MoU) to bolster innovation and research in the renewable energy sector at the 100 Cube Start-up Conclave at IIT Bhubaneswar
☆ The collaboration between IREDA and IIT Bhubaneswar is poised to facilitate joint research efforts, facilitate technology transfer, and provide comprehensive support for the start-up ecosystem in renewable sector
Feb 9
Indian Oil-Adani Gas joint venture announces Rs 2,500 crore investment: 💥
✪ Indian Oil-Adani Gas Pvt Ltd will invest 25 billion rupees ($301.24 million) over four years as it looks to double gas sales to small industries and households in India.
☆ The company, an equal joint venture of refiner Indian Oil Corp and Adani Total Gas, daily sells about one million standard cubic metres of gas through its 300 retail outlets.
Feb 7
Tata Steel and South East Railway join hands to develop green infra 💥
✪ Tata Steel and South Eastern Railway will collaborate to develop sustainable rail infrastructure using Tata Steel’s slag-based aggregates.
☆ Tata Aggreto, a greener substitute of natural aggregates used in road construction, and Tata Nirman, used as a raw material in manufacturing of fly ash bricks and cement making, will be used in construction of blanketing layers in railway tracks.
The utilization of slag-based manufactured aggregates aids in biodiversity preservation and also eliminates the requirement of transporting aggregates over large distances
Balmer Lawrie & Co. Ltd., sign MOU with IIM Lucknow for incubation of Start-ups.
✪ Balmer Lawrie & Co. Ltd., a PSE under the Ministry of Petroleum & Natural Gas (MOPNG), signed an MOU with IIM Lucknow Enterprise Incubation Centre (IIML EIC) for incubation of Start-ups.
Balmer Lawrie launched its startup fund in 2017, aligned with PM Modi’s ‘Startup India’ initiative.
IIML EIC has collaborated with various PSUs, banks, and MNCs to provide a structured framework for startup growth, including accelerator programs, seed capital, and mentorship
Feb 3
MRPL signs gas supply agreement with BPCL 💥
✪ Mangalore Refinery and Petrochemicals Ltd signs a 5-year gas supply agreement with Bharat Petroleum Corporation Ltd
☆ This agreement is a step towards net-zero commitment and carbon footprint reduction
Under which BPCL will provide 0.43 MMSCMD of Regasified Liquefied Natural Gas (RLNG) to MRPL’s refinery and petrochemical facility in Mangalore.
Feb 1
ITC partners with Argentine Football Association as official regional sponsors 💥
✪ ITC’s YiPPee! and Bingo! partner with Argentine Football Association as official regional sponsors
☆ YiPPee! and Bingo! position itself as a youth-oriented brands, which are about fun, excitement, and being playful, which resonates with the spirit of AFA.
☆ The collaboration will last for a year and will involve members of the World Cup-winning Argentine football team endorsing ITC’s food brands.