Month: June 2023

Kotak Life Announces Bonus of Rs 840 crore to Policyholders

Vijay Raman

Declares bonus for the 22nd consecutive year; 6.5 lakh policyholders to receive a bonus in FY2023   Kotak Mahindra Life Insurance Company Limited (Kotak Life) has announced a bonus of Rs 840 crore to more than 6.5 lakh eligible participating policyholders for FY 2023. This is an increase of 24% over the bonus declared for FY 2022. A practice, which was started in 2002, this year marks the 22nd consecutive year of bonus payment to policyholders.    Bonuses declared in each financial year are accrued and paid out at the…

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National Training Centre for Food Safety set-up in Ghaziabad, Uttar Pradesh

Vijay Raman

As we aim to become a developed nation in our Amrit Kaal, it is essential that our citizens are healthy. Swasth Nagrik creates a Swastha Rashtra, which leads to a Samruddha Rashtra.” This was stated by Union Minister for Health and Family Welfare, Dr Mansukh Mandaviya at the inauguration of the state-of-the-art National Training Centre for Food Safety and Standards Authority of India (FSSAI) at Ghaziabad, Uttar Pradesh yesterday. Prof. S.P. Singh Baghel, Minister of State (HFW) and General (Dr.) V.K. Singh, Minister of State (Civil Aviation, MoRTH) were also…

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NHPC inks pact with Nepalese utility for development of 480 MW Phukot Karnali Hydroelectric Project

Vijay Raman

  NHPC Limited (A Govt. of India Enterprise) and Vidhyut Utpadan Company Limited (VUCL), Nepal signed an MoU (Memorandum of Understanding) in New Delhi today for development of Phukot Karnali Hydro Electric Project (480MW) in Nepal. The MoU was signed in the presence of Prime Minister of India Shri Narendra Modi and Prime Minister of Nepal Shri Pushpa Kamal Dahal ‘Prachanda’ at Hyderabad House in New Delhi.     Shri R.K. Vishnoi, CMD, NHPC and Shri Surya Prasad Rijal, MD, VUCL, Nepal exchanging MOU documents for development of Phukot Karnali…

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The green panacea to restore the wastewater disposed during crude oil excavation and processing

Vijay Raman

  A mixture consisting of plant-based biomaterial, biosurfactant, and NPK fertilizer can help efficient restoration of formation water — the wastewater disposed during crude oil excavation and processing.   Formation water is disposed in huge volumes during crude oil excavation and processing. It consists of oily components, brine solutions, and solvents that are used during various phases in the oil industry. It is usually drained off and reaches the rivers and streams, ultimately deteriorating the water quality and threatening the existing aquatic life. Further, the larger animals' consumption of fish…

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The team of researchers scrutinized outcrop species for their DT properties by seasonal field observations,

Vijay Raman

India’s biodiversity hotspot, the Western Ghats, is home to 62 Desiccation-Tolerant Vascular Plant Species which could have applications in agriculture, particularly in areas with scarcity of water.   Desiccation-tolerant vascular (DT) plants are able to withstand extreme dehydration, losing up to 95% of their water content, and they revive themselves once water is available again. This unique ability allows them to survive in harsh, arid environments that would be uninhabitable for most other plants. DT plants have been studied for their possible applications in agriculture, particularly in areas with limited…

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Rohde & Schwarz takes lead in number of GCF-validated 5G RedCap conformance test cases

Vijay Raman

  Rohde & Schwarz has successfully validated 5G RedCap (reduced capability) test cases for its R&S CMX500 one-box signaling tester and R&S TS8980 conformance test system for the recent Conformance Agreement Group (CAG) #74 meeting, allowing the Global Certification Forum (GCF) to activate the respective work items in their device certification program. Manufacturers of IoT chipsets, modems and end devices as well as test houses can now rely on tried-and-tested Rohde & Schwarz solutions for 387 5G RedCap test cases in all device production stages, from early R&D to type…

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SNSIPL starts bottling of imported Japanese ‘ISHU Honjozo Sake’ in India

Vijay Raman

Inspired by the Hon’ble PM Modi’s “Make in India” initiative,  budding entrepreneur Rahul Prasad, MD & CEO of Sparkling N Sake International Pvt Ltd  (SNSIPL) has recently launched  the much awaited Sake Bottled in India, named after his son ‘ISHU’, in the state of Goa and Other states.  It contains an alcohol content of 15.5%. The company’s Bottled in Origin Sake is available in Delhi Duty Free Shop.   As MD & CEO Mr. Rahul Prasad said, “We are getting good response in Goa due to its elite taste. The…

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India gets approval for world’s largest grain storage scheme facility

Vijay Raman

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, today approved the constitution and empowerment of an Inter Ministerial Committee (IMC) for facilitation of the “World’s Largest Grain Storage Plan in Cooperative Sector” by convergence of various schemes of the Ministry of Agriculture and Farmers Welfare, Ministry of Consumer Affairs, Food and Public Distribution and Ministry of Food Processing Industries.   In order to ensure time bound and uniform implementation of the Plan in a professional manner, Ministry of Cooperation will implement a pilot project in at least…

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Naval Chief Presents Gallantry and Distinguished Service Medals at Visakhapatnam

Vijay Raman

Admiral R Hari Kumar, Chief of the Naval Staff (CNS), presented the Gallantry and Distinguished Service awards on behalf of the President of India at an impressive Naval Investiture Ceremony which was held at the Eastern Naval Command at Visakhapatnam on 31 May 2023. The ceremony was organized to honour and recognize the bravery, leadership, professional achievements and distinguished service of Naval personnel.     33 awards were conferred during the ceremony which included Nao Sena Medal (Gallantry) to Vineet Kumar LA(AH) and Cdr Nishant Singh (Posthumous), 13 Nao Sena…

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