NATIONAL AFFAIRS

Chennai International Airport bags Tamil Nadu Tourism Award 2016

G.Chandramouli, Director of Chennai International Airport received the Tamil Nadu Tourism Award 2016 in the category of ‘Best Tourist Friendly Airport’. The award was conferred by Madura Welcome, a tourist guide book company, in association with Ministry of Tourism, Government of India.

BANKING & BUSINESS

Unnati Credit cards by SBI

SBI launched a unique credit card “SBI card Unnati” targeted at all SBI customers, including Jan Dhan account-holders across the country. As per the SBI card CEO, Vijay Jasuja any SBI customer with a balance of atleast Rs. 25000 in his/her savings account with the bank would be eligible for the Unnati credit car without the need for any credit score or credit history.

UCO Bank raises Rs.1000 Cr through bonds

UCO Bank has approved raising Rs.1000 crore through issuance of tier-2 bonds to the Life Insurance Corporation of India. The bank approved the proposal of issue of Tier-2 Bonds of face value of Rs.10 lakh each aggregating to Rs.1000 crore to LIC of India.

ADB approves S175mn loan to Power Grid Corp

India is leading the lines in achieving energy security while increasing energy capacity and supply through renewable resources. And also Asian Development Bank has approved $175 million loan to Power Grid Corporation to expand its solar energy transmission network in India. This will improve the capacity and efficiency of electricity generated from new solar parks to the national grid. 

AWARDS

India Pride Award won by NTPC

National Thermal Power Corporation Ltd. (NTPC) has been bestowed with ‘India Pride Award 2016-17’ for best performance in the power sector. Manoj Sinha, Union Minister of State for railways and Minister of State for Communications presented the award.

SCIENCE & TECHNOLOGY

Snake Robot to visualise the digestive system

Tiny, ingestible 3D-printed snake-like robot that can navigate through the small intestines and could visualise the digestive system in real time. The robot called SAW (single actuator wave-like robot) moves in a wave like motion an travel through the extremely squishy environment of the small intestine.

 

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