Qualified Institutional Placement: Shareholders of the Indian Renewable Energy Development Agency Ltd. (IREDA) recently approved the company’s proposal to raise up to ₹5,000 crore through the Qualified Institutional Placement (QIP) of equity shares in one or multiple tranches. Qualified Institutional Placement (QIP) is a capital-raising mechanism through which public listed companies use to issue equity […]
Tag: 26th Feb 2025
TRIFED : In News
TRIFED : In News To promote tribal entrepreneurship and economic inclusion, TRIFED recently signed MoUs with Reliance Retail, HCL Foundation, and Torajamelo Indonesia. TRIFED is an organization under the Ministry of Tribal Affairs, Government of India, dedicated to the socio-economic development of tribal communities. It was established in 1987 under the Multi-State Cooperative Societies Act, […]
Thames River : New Study
Thames River : New Study A new study has learned that climate change is increasing the potential for algal blooms in the United Kingdom’s River Thames despite a four-decade-long decline in phosphorus loads. Thames River is a 346-km river that flows through southern England. It is the longest river in England and the second longest […]
INS Tamal
INS Tamal: The Indian Navy crew that will operate Tamal, the stealth frigate under construction in Russia, reached St. Petersburg recently in preparation for its commissioning. INS Tamal is a state-of-the-art stealth guided missile frigate. It is an upgraded Krivak-III class frigate, and is part of a significant $2.5 billion deal between India and Russia […]
Dwarf Galaxies
Dwarf Galaxies: A team of scientists in the US, led by Indian-origin astrophysicist Raga Deepika Pucha, recently discovered the largest samples of intermediate-mass black holes and dwarf galaxies with active black holes. They are small galaxies that typically contain just a few billion stars, unlike their larger cousins, which can hold hundreds of billions. They […]
SWAYATT Initiative
SWAYATT Initiative: The Government e Marketplace (GeM) commemorated six years of Startups, Women & Youth Advantage through eTransactions (SWAYATT) initiative at New Delhi SWAYATT Initiative was launched on 19th February, 2019. It was conceptualised with a clear objective of invigorating participation of women-led enterprises and youth in public procurement. SWAYATT is the GeM portal’s commitment […]
21st African-Asian Rural Development Organization
21st African-Asian Rural Development Organization: 21st African-Asian Rural Development Organization (AARDO) concluded and reaffirmed that development is strongest when rooted in community, driven by local knowledge, technology and south-south cooperation. It is an autonomous inter-governmental Organization comprising country governments of Africa and Asia which was established in 1962. The organization was set up with a […]
PUNCH Mission
PUNCH Mission: NASA is gearing up for a new and first-of-its-kind solar mission called PUNCH mission that will closely observe the solar atmosphere. The Polarimetry to Unify the Corona and Heliosphere (PUNCH) mission will be launched by SpaceX . It will be a constellation of four, suitcase-sized satellites each weighing about 64 kg sent to […]
Cali Fund Launched at CBD COP16 to Boost Biodiversity Finance
Cali Fund Launched at CBD COP16 to Boost Biodiversity Finance: A groundbreaking initiative in global biodiversity conservation was announced on February 25, 2025, with the launch of the Cali Fund at the 16th Conference of Parties (COP16) to the United Nations Convention on Biological Diversity (CBD) in Rome, Italy. This international fund aims to secure […]
IndusInd Bank Becomes Official Banking Partner of PGTI
IndusInd Bank Becomes Official Banking Partner of PGTI: IndusInd Bank has announced its partnership with the Professional Golf Tour of India (PGTI) as its official Banking Partner. This collaboration aims to enhance the banking experience for Ultra High Net Worth Individuals (UHNIs) and High Net Worth Individuals (HNIs) under the PIONEER banking program. The partnership […]
