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.

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.

One97 Communications-owned Paytm Money, the wealth management arm of Paytm got approval from the Securities and Exchange Board of India (SEBI) to start offering a stock broking service such as the ability to trade in equities and cash segments, derivatives, and exchange-traded funds (ETFs) among other exchange-traded products.

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.

Adani Power received a letter of intent (LoI) to acquire debt-laden Korba West Power Company Ltd. (KWPCL). The committee of creditors of KWPCL, a company undergoing insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, has approved the resolution plan submitted by Adani Power. KWPCL owns and operates a 600 megawatt thermal power plant in Raigarh district in Chhattisgarh.

Recently, Indian Army signed a Memorandum of Understanding (MOU) with National Hydroelectric Power Corporation (NHPC) Limited, to build four underground tunnels along China and Pakistan borders for storage of ammunition and other war-related equipment. Three tunnels will be built along Chinese border and one tunnel will be build along the Pakistan border. The tunnel can store 175-200 metric tonnes of ammunition and the cost of this pilot project is around Rs 15 crore.