Who gets an approval from the Securities and Exchange Board of India (SEBI) for Stock Broking?

The Bureau of Indian Standards (BIS) has inked an MoU with the Indian Institute of Technology, Delhi (IIT-D) to collaborate in the field of standardisation and conformity assessment. The MoU was signed by IIT Delhi Director Professor V Ramgopal Rao and Director General of BIS Surina Rajan. According to the MoU, IIT Delhi will provide infrastructure support for research and development projects of relevance to standardisation and BIS will provide financial support to IIT Delhi for projects.

SBI General Insurance launched its new product - cyber defence insurance to protect businesses from financial and reputational losses due to cyber attacks. The main focus on SMEs and mid-market businesses to larger businesses. This offers protection against the growing threat of cyber breaches like hacking attacks, identity theft, disclosure of sensitive information and business interruption. It provides IT forensic investigations, legal advice, reputational and PR management.

Saudi Aramco, a Saudi Arabian national petroleum and natural gas company, is in talks to acquire 25 percent stake in Reliance Industries' refining and petrochemicals businesses. However, both Aramco and Reliance declined to comment on the issue. Saudi Aramco also looks forward to invest in "West Coast Refinery and Petrochemical Project", India's largest oil refinery on the west coast in Maharashtra. The refinery project will be developed by three domestic oil marketing companies - Indian Oil, Bharat Petroleum and Hindustan Petroleum. The project is estimated to cost USD 44 billion.

Flipkart-owned PhonePe, digital payments platform having over 150 million users in India is the first company to launch a special keyboard that will allow users to do transactions easily and securely while using their Android phone. The transactions include sending and requesting money, checking account balance and inviting friends and family to explore the PhonePe platform and use cases on any phone where a keyboard is required. PhonePe's keyboard aids in money transfer as well as offers the full functionality of a keyboard. The PhonePe's keyboard can be set up in 3 steps: Open the profile section on the PhonePe app and navigate to the User profile menu. User Profile menu lies in the top left corner of the PhonePe app. The user needs to scroll down to find a new option named 'Setup PhonePe Keyboard'. click on 'Setup PhonePe Keyboard', then select and enable the PhonePe keyboard. the user then needs to click on the PhonePe logo displayed on the keyboard to begin the transactions.

Tesla has developed its 'largest power storage system in Asia' at Osaka train station in Japan to reduce energy demand and provide emergency backup power to trains in Japan. It was Launched in partnership with Kintetsu, a railway operator in Japan's Osaka. Tesla has installed 42 Powerpacks units at Osaka train station in Japan which will provide enough amount of energy to safely move a train and its passengers for up to 30 minutes to the nearest station if any power failure happens. This 7 megawatt-hours (MWh) system is not only the largest energy storage project in Asia, but also the fourth largest in the greater Asia-Pacific (APAC) region.

The retail arm of the Mukesh Ambani-led Reliance Industries became India's first retail company to cross the Rs.1 lakh crore annual revenue.The revenue for 2018-19 is Rs. 1.3 lakh crore, which is 89% more from the previous fiscal.The company added 2,829 stores during the financial year, taking the total to 10,415 stores and the profit of pre-tax business jumped 77.1 percent to record Rs 1,923 crore.

Max Life Insurance Co Ltd has notified that it will commemorate the 6th day of each month as 'Protection Day'. The main objective of this initiative was to raise awareness on financial protection. The decision came with the Company's launch of Max Life India Protection Quotient survey conducted in collaboration with Kantar IMRB. It denoted that the extent to which the Indians feel protected from financial uncertainties is extremely low, and that level was as 35.

'Bharat Fibre', the state-owned telecom firm, BSNL (Bharat Sanchar Nigam Limited) became the 1st operator to start optical fibre-based high-speed broadband service in Pulwama. The Bharat Fibre services with reliable and high-speed internet are provided on the optical fibre by FTTH (fibre-to-the-home) service up to the customer premises. The service was launched by BSNL Chief General Manager of Jammu and Kashmir Circle, Rana Ashok Kumar Singh, in the presence of Srinagar General Manager Telecom District Zafar Iqbal and BSNL's channel partner, Mir Nazir. The Internet services generally remain unaffected even during the vagaries of weather.

Amul has announced to sponsor Afghanistan team in upcoming World Cup 2019 which will be held in England and Wales from May 30, 2019. Amul's logo will be visible on the leading arm of jerseys of the Afghanistan players in international match and also in training kit throughout the world cup.

Tata Steel bagged the 'Global Slag Company of the Year' award at the 14th Global Slag Conference and Exhibition 2019, for its innovative practices in the development of new applications for Steel by-products (Slag). The conference was held recently in Aachen, Germany, and is one of the largest global annual slag events, attended by major steelmakers, steel mill service providers & associated companies.