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Current Affairs Daily Digest – February 29 2024
1. Sunil Bharti Mittal Receives Honorary Knighthood from Britain King
King Charles III bestowed the Honorary Knighthood upon Sunil Bharti Mittal, founder and chairman of Bharti Enterprises. After receiving the honorary knighthood from King Charles III of the United Kingdom, he became the first Indian citizen to do so.
As a result of his work to improve commercial ties between India and the United Kingdom, Mittal has been bestowed this esteemed award.
Concerning the Honor
While visiting India, British High Commissioner Sir Philip Barton bestowed the insignia of a Knight Commander of the Most Excellent Order of the British Empire upon Mittal.
The business magnate becomes the first Indian person to receive the highest honor bestowed upon non-British citizens by the British Crown—an Honorary Knighthood.
An official release from Buckingham Palace states that Mittal’s “substantial contribution” to the IT industry and his support for education in India and the UK are the reasons for the accolade.
As a key figure in the UK-India Economic Partnership, the wealthy philanthropist has played a pivotal role in attracting investments from Indian industries to Britain. Mittal was proud to receive the knighthood as a dual citizen of India and Britain.
2. Reliance and Disney Form Joint Venture
One of the biggest TV and streaming companies in India was formed after Reliance Industries Ltd (RIL), Viacom18 Media Pvt Ltd, and The Walt Disney Company inked agreements to merge.
To capitalize on the booming digital entertainment industry in India, Viacom18 and Disney’s Star India have joined together to form a joint venture.
Deal Dynamics and Partners
The legally binding agreements state that Disney will be admitted as a strategic investor by TV18 Broadcast Limited, a wholly-owned subsidiary of RIL that owns a majority share in Viacom18.
To accomplish this, Disney’s Indian media hub Star India Private Limited, and Viacom18 would unite.
After the merger, RIL will own 51% of the combined company and invest 11,500 crore Indian rupees into it. The remaining stake will be held by Paramount Global, while Disney will own 36.3%.
Funding initiatives for content creation and streaming platform expansion will be supported by the injection of funds.
3. India’s First Indigenous Hydrogen Fuel Cell Ferry
At Kochi Harbor in Kerala, Prime Minister Narendra Modi practically inaugurated India’s first indigenous hydrogen fuel cell ferry.
The 24-meter ship, constructed by the country’s leading shipyard, Cochin Shipyard Limited (CSL), is a huge step forward in environmentally friendly transportation.
Boat Specifics
The catamaran ferry, ‘Suchetha,’ is propelled by an electric system that runs on hydrogen fuel cells. It has air conditioning and comfy seats, and it can hold fifty people.
The fuel cells on board produce electricity by reacting hydrogen and oxygen, leaving behind only heat and water.
Officials from CSL claim that the ferry can handle Kochi’s complex system of backwaters because of its low draft of 1 meter.
Its top speed is 12 knots, and it has a sturdy yet lightweight hull. Fire detection systems and damage stability also contribute to improved safety.
4. A book title “Basic Structure and Republic” Released by Governor P. S. Sreedharan Pillai
Governor Shri P. S. Sreedharan Pillai launched his latest literary contribution, “Basic Structure and Republic,” marking his 212th book, at a memorable ceremony at the Durbar Hall (Old) of Raj Bhavan.
The dignitaries in attendance—Archbishop Joseph Perumthottam of Changanacherry, Kerala, and Minister Subhash Shirodkar of Water Resource Development, Co-Operation, and Provedoria—served to emphasize the gravity of the event.
An Official Discharge
Releasing the book, His Gracious H. G. Mar Joseph Perumthottam, the famous Archbishop of Changanacherry, represented the cooperation of ecclesiastical and secular authorities in honoring scholarly work.
The collaborative spirit between the governance and intellectual discourse was exemplified when the first copy was delivered to Shri. Subhash Shirodkar. The ceremony was further elevated by the presence of Smt. Rita Shreedharan Pillai, the First Lady of Goa.
5. Ravindra Kumar assumes charge as Director (Operations) of NTPC
With more than 30 years of experience in the power industry, Ravindra Kumar is a highly qualified new director of operations at NTPC Ltd.
Throughout his career, which began as a trainee for a graduate engineer and continues through his current leadership positions, Kumar has demonstrated a dedication to innovation and excellence.
I. NTPC Ltd.: A Foundational and Early Career
- In 1989, I joined as a Graduate Engineer Trainee Officer.
- Commissioning, Operations, and Maintenance (O&M) jobs are diverse.
- Significant achievements at the NTPC Kahalgaon Project.
- The second step is to demonstrate your leadership abilities by making the jump from OSD to director operations.
- Increasing knowledge through interaction with the Corporate Centre and the Engineering department.
- Providing technical support to the Director (Technical), with a focus on strategic engagement.
- BIFPCL, Bangladesh’s first Maitree supercritical power project, was developed in large part because to international collaborations and strong project management.
- As Chief Technical Officer (CTO) at BIFPCL, I oversaw the 660 MW Unit’s engineering, commissioning, operations, and maintenance.
- Proving my mettle as a project manager by speeding up building and erection operations while serving as CEO of Patratu Vidyut Utpadan Nigam Limited.
