Category: Business & Economy

** Govt. appoints Aashish Chandorkar as Director at India’s WTO mission

For the first time, a private person has been appointed at the mission

Ahead of the WTO’s ministerial conference later this year, the government has appointed a private person Aashish Chandorkar as ‘Counsellor’ in India’s Permanent Mission in the World Trade Organisation for three years.

For the first time, a private person has been appointed at the Mission. Mr. Chandorkar is director of Bengaluru-based policy think tank Smahi Foundation of Policy and Research

** How India’s humble sweet lime became key to a competition-winning cocktail

Rohan Matmary, India winner of Diageo Reserve World Class 2021 discusses the ingredient and his preparation for global finals

Did you know India consumes over 54 million tonnes of sweet lime each year? But that the sweet lime can take a sophisticated beverage route was proven by mixologist Rohan Matmary’s cocktail, ‘Zest of Happiness’ that made him the India winner of Diageo Reserve World Class 2021 competition.

** Microsoft names CEO Satya Nadella as chairman

Microsoft Corp on Wednesday, June 16, 2021, named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson.

Mr. Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn , Nuance Communications and ZeniMax.

** This yoga mat is an eco-conscious tribute to Deepor Beel in Assam

The sturdy and slip-proof yoga mat named after the purple moorhen was created by six young women from Assam. Made from water hyacinths, it is naturally dyed, completely handwoven and biodegradable

Six women, belonging to the fishing community from Deepor Beel (a permanent freshwater lake in Guwahati, Assam), have worked together to create biodegradable and compostable yoga mats that reflect their community’s beliefs in biodiversity, conservation and cultural continuity.

** Twitter appoints interim Chief Compliance Officer for India

Twitter has an estimated 1.75 crore users in India, as per data cited by the government recently.

The micro-blogging platform has stated on its website that India is an important market for the company and is among the countries in which it is piloting a new approach of building an in-market team to “locally tailor” its global product to the needs of the region.

** ₹498 cr. for Innovations for Defence Excellence challenge approved

It will support nearly 300 start-ups, MSMEs and individual innovators

Defence Minister Rajnath Singh has approved the budgetary support of ₹498.8 crore to Innovations for Defence Excellence (iDEX) challenge under the Defence Innovation Organisation (DIO) for the next five years. The iDEX framework and establishment of the DIO by the Department of Defence Production (DDP) is aimed at promoting innovation and indigenisation in the aerospace and defence sector at the start-up level.