The Reserve Bank of India has appointed Smt. Malvika Sinha as Executive Director (ED).
As Executive Director Smt. Sinha will look after Foreign Exchange Department, Department of Government and Bank Accounts and Internal Debt Management Department.
Smt. Malvika Sinha holds a Masters Degree from University of Bombay and has done her Masters in Public Administration. She is also a Certificated Associate of Indian Institute of Bankers.
Smt. Sinha joined Reserve Bank in 1982 and as a career central banker served in the areas of regulation and supervision, foreign exchange and Government and Bank Accounts in the Bank. Prior to being promoted as ED, Smt. Sinha was Principal Chief General Manager, Department of Co-operative Banking Supervision in the Reserve Bank.
Phoenix India Research and Development Group launched the first bio-gas fuelled bus in Kolkata keeping a flat fare of just Rs 1.
ACT Fibernet announced the launch of 1Gbps (gigabits per second) wired broadband internet services in Hyderabad. It makes the `City of Pearls? India?s first `Giga City.? In Hyderabad, the 1 Gb plan will offer at Rs 5,999 per month.
NASA announced a Seven new system of Exoplanets, which are Earth-size, and could potentially hold life.These exoplanets are located outside of our solar system and orbit a star. NASA has named the system of planets after the ?Transiting Planets and Planetesimals Small Telescope,? which is located in Chile. This telescope first discovered three of the planets in this system in May 2016. Unlike Earth, which rotates on its axis, the planets are ?tidally locked to the star.? This means that one side of the planet has only day, and one side has only night. It also means the weather conditions are unlike what we experience on Earth.
KPMG in India announced the election of Arun M. Kumar as Chairman and Chief Executive Officer of the firm for a five-year term, on February 5, 2017.
Arun Kumar succeeds Richard Rekhy, who led the firm as CEO for over four years. Arun Kumar was elected by the KPMG India Board and ratified by the India Partners. The firm executed a well-defined governance process for the selection of the CEO that aligns with the objective of building on its success as well as attracting the best talent available for this role. Arun Kumar brings a wealth of international leadership experience to KPMG India, including his tenure in public service in the United States for the last three years as Assistant Secretary of Commerce for Global Markets and Director General of US and Foreign Commercial Service in the Obama Administration.
The American Planning Association (APA) has announced this year's international excellence award for the Bhubaneswar smart city project.
The award called Pierre L'Enfant International Planning Excellence Award 2017 will be given on May 8 in New York city.
This is the first time in the 50 years history of APA's annual award programme that an Indian city has been recognised for its planning efforts.
The China-sponsored Asian Infrastructure Investment Bank (AIIB) has approved $160 million loan for Andhra Pradesh ? 24×7 Power for All project with an objective to strengthen power transmission and distribution system in the state. It is the first credit from the AIIB for an Indian project. The power project is co-financed by the World Bank (WB). The project is part of the Government of India?s Power for All Program that was launched in 2014 to provide an efficient, reliable and affordable electricity supply to all consumers across selected states within five years from the start of implementation of the program in each state.
Dinabandu Mohapatra for - Bank of India
Usha Ananthasubramanian for - Allahabad Bank
R A Sankara Narayan for - Vijaya Bank
Telangana has introduced a logo for identifying vehicles driven by persons with hearing impairment and has become the first state in the country to do so.
The logo was designed by city-based graphic designer Manikanta Annapragada who was the first person to obtain a driving licence under the ?hearing impaired? category in the country.
The logo consists of a hearing impaired mark along with text saying, ?Driver is deaf ? Please watch out?.
The Indian Institute of Engineering Science and Technology (IIEST) has successfully created the country?s first smart grid project, which will generate power from renewable sources of energy. The project will soon be inaugurated by President Pranab Mukherjee, IIEST Director Prof Ajoy Kumar Roy. The smart grid will be synchronised to generate power from solar, wind and vegetable waste resources, depending on the weather conditions and availability of waste products. It is the first of its kind in the country.
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