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Current Affairs – October 23 2023
1. Legendary Indian spinner Bishan Singh Bedi passes away at 77
Legendary spin maestro and former Indian cricket captain, Bishan Singh Bedi, sadly passed away on Monday at the age of 77 after a prolonged illness.
Bedi stands as an iconic and revered figure in the world of cricket.
Born on September 25, 1946, in Amritsar, Bedi is celebrated for his extraordinary skills in slow left-arm orthodox bowling.
Bedi, alongside the likes of Erapalli Prasanna, BS Chandrasekhar, and S. Venkataraghavan, played a pivotal role in ushering in a revolution in Indian spin bowling history.
He left an unforgettable mark on Indian cricket, leading the team to their first-ever ODI victory on June 13, 1974, against East Africa in the Prudential World Cup.
2. Ashok Vaswani is next Kotak Mahindra Bank CEO
Kotak Mahindra Bank, one of India’s leading private sector banks, has welcomed Ashok Vaswani as its next Managing Director and Chief Executive Officer.
Vaswani brings with him a wealth of experience in the banking and financial sector, having spent over three and a half decades building and expanding businesses in areas ranging from consumer and corporate banking to payments.
3. Govt To Invest ₹30,000 Crore To Expand Crop Insurance Portal Coverage
In a significant development for the agricultural sector in India, the government has unveiled plans to allocate ₹30,000 crore to enhance the Pradhan Mantri Fasal Bima Yojana (PMFBY) portal.
The primary objective of this initiative is to transform the PMFBY into a comprehensive platform that will extend insurance coverage beyond crops to include a wide range of agricultural assets, such as ponds, tractors, livestock, and even palm trees.
4. India To Host World’s Largest Textiles Event, Bharat Tex 2024
The upcoming Bharat Tex 2024 Expo, scheduled to take place from February 26-29, next year, promises to be a groundbreaking event that will significantly impact India’s position in the global textile industry.
At a curtain raiser event, Union Minister Piyush Goyal expressed his optimism, emphasizing that this expo will establish India as a true global textiles powerhouse.
Bharat Tex 2024 Expo has been conceived as the largest textile fair in the world in terms of exhibition area. It is set to showcase India’s capabilities as a reliable supplier of textile products, spanning the entire value chain, all under one roof.
The event will be hosted in the newly inaugurated Bharat Mandapam and Yashobhoomi complexes, which themselves represent a leap forward in India’s textile infrastructure.
5. NLC India Green Energy Limited To Boost India’s Green Energy Capacity
NLC India, a Navratna public sector company, has unveiled its latest venture into the renewable energy sector. On a mission to bolster India’s green energy capacity, the company has established a wholly-owned subsidiary known as NLC India Green Energy Limited (NIGEL).
The subsidiary is set to play a pivotal role in the country’s sustainable energy journey, focusing on expanding renewable energy projects and technological innovations.
6. Sanjay Kumar Jain selected as CMD, IRCTC
In a significant development for the Indian Railway Catering and Tourism Corporation (IRCTC), Sanjay Kumar Jain, an officer of the Indian Railway Traffic Service (IRTS) of the 1990 batch, has been appointed as the Chairman and Managing Director (CMD).
His appointment comes after a vacancy in the position since the retirement of Mahendra Pratap Maal in January 2021. The recommendation for his appointment was made by the Search-Cum-Selection Committee (SCSC) and subsequently approved.
7. Puma Ropes in Mohammed Shami as its Brand Ambassador
In an exciting development for sports enthusiasts and fans, Puma, the renowned sports brand, has announced the inclusion of Mohammed Shami, a prominent Indian fast bowler, as its brand ambassador.
This strategic partnership adds another star to Puma’s impressive roster of brand ambassadors. This article delves into the details of this collaboration and Shami’s significant role in the world of cricket.
Puma boasts a star-studded lineup of brand ambassadors who have made a mark in their respective sports.
The list includes cricket icon Virat Kohli, sprinting legend Usain Bolt, football sensations Neymar Jr and Sunil Chhetri, boxing champion MC Mary Kom, cricketers Harmanpreet Kaur and Harleen Deol, and para-shooter Avani Lekhara.
8. HP Appoints Ipsita Dasgupta as Senior Vice President & MD for India
Hewlett-Packard (HP) has announced a significant leadership change with the appointment of Ipsita Dasgupta as the Senior Vice President and managing Director for its India market.
Ms. Dasgupta’s role will encompass overseeing all facets of HP’s strategy and profitability in the India, Bangladesh, and Sri Lanka regions.
In her new role, Ms. Dasgupta will bear the responsibility of leading and steering HP’s operations, strategy, and profit and loss (P&L) for these vital South Asian markets.
Her strategic vision and leadership will play a pivotal role in shaping HP’s continued growth and impact in the region. She is scheduled to assume her duties at HP on October 30 officially, and she will directly report to David McQuarrie, HP’s Chief Commercial Officer.
