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Olympic Gold Quest on Thursday signed a Memorandum of Understanding with GenPact to facilitate athletes’ training ahead of the Rio Olympics.
“I want to help the aspiring sportsmen and women achieve their potential and aid them in their passion to win a gold medal, which I was unable to,” OGQ’s CEO Viren Rasquinha said. The MoU was signed by billiards legend and OGQ director Geet Sethi.The MoU is part of the company’s Corporate Social Responsibility (CSR). GenPact vice-president of Strategy, Sasha Sanya who was all for supporting women and helping them achieve their dreams, stated that this collaboration would help women improve in leadership.
“Women in sports go through the same thing that women who in corporate offices do. Gender diversity and supporting women to achieve their full potential are something that we drive with everything we have,” Sasha said.
RAILWAYS TIES WITH ISRO FOR ROUTE SURVEYS
The Railway Ministry has signed an agreement with the Indian Space Research Organisation (ISRO) to leverage space technology for providing passenger information in all trains, map railway assets and help survey new route alignments.
Minister of State for Railways Manoj Sinha also requested ISRO to conduct a study to find ways to ensure smooth rail traffic during the foggy season.
Railways uses space technology to provide connectivity for reservations
At present, Indian Railways uses space technology to provide connectivity to passenger reservation counters, unreserved ticketing system in remote areas, and emergency communication using satellite phones during disaster.
AT SUFI MEET, MODI LAUDS ISLAM AS A RELIGION OF PEACE
Prime Minister Narendra Modi said on Thursday that all Indian communities were an integral part of India, making a pitch for pluralism and diversity.
Mr. Modi was addressing delegates of a global Sufi meet here at a time when shrill statements from many within the BJP and the Sangh Parivar have created controversies in the past few months.
Rejecting terrorism, Mr. Modi hailed Islam as a religion of peace, citing the Koran and also paying rich tributes to the eclecticism of the Sufi tradition.
FORD FOUNDATION TAKEN OFF WATCH LIST
Days before Prime Minister Narendra Modi’s visit to the U.S., the Home Ministry issued orders to remove the U.S.-based Ford Foundation from the “prior permission” category.
The Ministry, on the basis of a report sent by the Gujarat government last year, had put the international non-governmental organisation on the “watch list”, citing concern to “national security”.
The Gujarat government report had said that the organisation funded the “anti-India” activities of Citizens for Justice and Peace and Sabrang Trust run by Teesta Setalvad, activist.
The order means that banks will no longer require the Ministry’s clearance to process the foreign funds coming from the foundation to any Indian bank account.
Mr. Modi will meet U.S. President Barack Obama at the Nuclear Security Summit in Washington
The Centre had last year also unblocked foreign funds to the tune of $1,50,000 to be released to the foreign donor’s bank accounts as the organisation had exhausted its options to pay salary to its staffers and made a plea before the government.
On several occasions, Ford Foundation representatives met Nripendra Misra, principal secretary to the Prime Minister of India and explained their position.
CBSE RESCHEDULES ITS EXAMINATION IN ASSAM
The Central Board of Secondary Education has rescheduled its Class XII Board Examination for Sociology, Sanskrit Core and Bengali due to Assembly elections in Assam.
Assistant Secretary of CBSE, regional office, Guwahati, has informed that the Sociology examination scheduled for April 4 next will be held on April 23, said a government release here on Thursday.
The Sanskrit Core and Bengali examinations scheduled for April 11 will now be held on April 26, the release said.
The two-phase Assembly elections will be held on April 4 and 11.
OBAMA SIGNS SANCTIONS ORDER AGAINST N. KOREA
U.S. President Barack Obama signed an order Wednesday implementing UN-backed sanctions on North Korea after a nuclear test and missile launch this year, as Pyongyang promised reprisals. The White House said Mr. Obama had signed an executive order targeting the volatile hermit state’s energy, financial and shipping assets.
The measures were agreed to at the United Nations in response to the January 6 nuclear test and February 7 ballistic missile launch.
Among the entities targeted are the “Propaganda and Agitation Department” of the Workers’ Party of Korea and mining firms that provide the regime with much-needed revenues.
In response to Mr. Obama’s executive order, Beijing said on Thursday that it opposes “any country’s unilateral sanctions”.
BHARTI IN 6-CIRCLE SPECTRUM DEAL WITH VIDEOCON FOR 4G BOOST
Deal comes within hours of Idea Cellular calling off a deal with Videocon to buy airwaves.
Bharti Airtel agreed to acquire airwaves in six circles from Videocon Telecommunications for Rs. 4,428 crore. The deal is set to boost Bharti’s country-wide 4G offerings ahead of Reliance Jio’s imminent entry.
The deal came a day after Idea Cellular called off a proposal to acquire Videocon’s spectrum in Gujarat and UP (West) for Rs. 3,310 crore. “Bharti Airtel Ltd. on March 16 entered into a definitive agreement with Videocon Telecommunications Limited (VTL) to acquire, at an aggregate consideration of Rs. 44,280 million, rights to use 2 x 5 MHz spectrum in the 1800 MHz band allotted to VTL,” according to a company statement on Thursday. The six circles are Bihar, Haryana, Madhya Pradesh, UP (East), UP (West) and Gujarat. The acquisition will enable Bharti to offer 4G services in 19 of 22 circles compared with billionaire Mukesh Ambani’s Reliance Jio, which has access to the 4G spectrum in all 22 circles in the country.
Vodafone and Idea have spectrum for the high-speed services in five and 12 circles, respectively.
Bharti’s acquisition price of Rs. 4,428 crore is about 65 per cent higher than the regulatory auction reserve price—adjusted for the residual life of 16 years – as the spectrum is contiguous to Bharti’s existing spectrum in 1800MHz.
SURAT, RAJKOT CLEANEST RAILWAY STATIONS IN INDIA
urat, Rajkot and Vadodara – all in Gujarat – are among the 10 cleanest railway stations in India, according to a survey released by railway minister Suresh Prabhu on Thursday.
While Surat and Rajkot came out first and second respectively among the category AI railway stations, i.e. those that have Rs 60 crore annual earnings, Vadodara was 8th in the ranking.
The survey was conducted in line with the announcement made in the railway budget 2016-17. It was commissioned by Indian Railway Catering and Tourism Corporation (IRCTC) and carried out by TNS India Pvt Ltd, official sources said.