Ashneer Grover resigned from BharatPe as MD & Director

Ashneer Grover, who had lost an arbitration that he filed against BharatPe, on March 1 resigned from the fintech firm as managing director of the company. Grover had filed an arbitration with the Singapore International Arbitration Centre challenging BharatPe’s decision to conduct a governance review. He also announced to resign as a director of the Board. Grover’s resignation comes days…

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World’s biggest plane ‘Mriya’ destroyed by Russia near Kyiv

The largest cargo plane in the world — Ukraine’s Antonov-225 or ‘Mriya’ — was destroyed by Russian strikes outside Kyiv on the fourth day of Moscow’s invasion, Ukraine’s state-owned Ukroboronprom group said. The aircraft was unique to the world. At 276 feet long, it could transport up to 551,000 pounds of cargo at a speed of up to 528 mph.…

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Bank of Maharashtra launches “Project Banksakhi” in Odisha

Bank of Maharashtra has tied up with Mahagram to roll out the ‘Bank Sakhi’ project in Odisha. The fintech would provide financial technology and infrastructure support to augment rural financial inclusion. “As part of the tie-up, the company has onboarded more than 11,000 bank sakhis (women) on the BharatATM platform to help the rural citizens avail basic banking services at…

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Google starts ‘Play Pass’ subscription in India

Tech giant Google has made its Google Play Pass, a subscription service which provides access to apps and games without ads, in-app purchases, and upfront payments, available in India. It is already operational in 90 countries. Play Pass will offer a high-quality and curated collection of more than 1,000 titles across 41 categories from developers across 59 countries including many…

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Prof Bhushan Patwardhan named as chairman of NAAC

The University Grants Commission (UGC) has appointed educationist and research scientist Professor Bhushan Patwardhan as chairman, of the executive committee of the National Assessment and Accreditation Council (NAAC), Bengaluru. The position was vacant after Prof Jagadish Kumar was appointed as chairman of UGC. Points to Note: National Assessment and Accreditation Council (NAAC) – Bengaluru, Karnataka New Chairman – Bhushan Patwardhan…

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International Olympic Committee withdraws top Olympic Honour from Vladimir Putin

The International Olympic Committee (IOC) has stripped Russian President Vladimir Putin of the Olympic Order award in response to the invasion of Ukraine. IOC has also urged sports federations and organisers to exclude Russian and Belarusian athletes and officials from international events following Russia’s invasion of Ukraine. Points to Note: Olympic Order award stripped off from Russian President Vladimir Putin…

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India’s GDP growth slows to 5.4% in Q3, estimated to rise 8.9% in FY22

India’s economic growth slowed to 5.4 per cent in the third quarter of 2021-22 but higher than China’s GDP expansion of 4 per cent during the same period and the country retained its position as the world’s fastest growing major economy. The National Statistical Office (NSO) in its second advance estimates of national accounts released pegged the country’s growth for…

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