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Current Affairs – October 30 2023
1. Indian Navy Launches 25T Bollard Pull Tug ‘MAHABALI’ In Gujarat
Commodore Sunil Kaushik, launched the remarkable vessel, the 25T Bollard Pull Tug named ‘Mahabali,’ on the 28th of October 2023 at M/s Shoft Shipyard Pvt Ltd in Bharuch, Gujarat.
This launch not only represented a new addition to India’s naval fleet but also a significant milestone in the ‘Make in India’ initiative of the Ministry of Defence.
2. SBI Ropes in Cricket Icon MS Dhoni as Brand Ambassador
The State Bank of India (SBI), the nation’s largest lender, has appointed the legendary cricketer Mahendra Singh Dhoni as its official Brand Ambassador.
Dhoni, who is widely regarded as one of India’s greatest cricket captains, will assume a crucial role in various marketing and promotional campaigns for SBI. This development reflects SBI’s commitment to engaging with a younger, more diverse customer base.
3. Fincare SFB to merge with AU Small Finance Bank
Fincare Small Finance Bank (Fincare SFB) is set to merge with AU Small Finance Bank (AU SFB) starting from February 1, 2024, pending necessary approvals and regulatory endorsements.
This significant merger aims to create a robust financial institution with enhanced capabilities and a broader reach.
Under the merger agreement, shareholders of Fincare SFB will receive 579 shares in AU SFB for every 2,000 shares they hold in Fincare SFB.
Post-transaction, existing Fincare SFB shareholders are expected to maintain approximately 9.9% ownership in AU SFB.
4. Nita Ambani Receives USISPF Global Leadership Award for Philanthropy and Corporate Social Responsibility
Nita Ambani, Founder and Chair of Reliance Foundation, was honored with the 2023 USISPF Global Leadership Award for Philanthropy and Corporate Social Responsibility.
The award was presented by John Chambers, Chairman of USISPF, at a reception in New Delhi attended by prominent figures from the USISPF, Indian business leaders, and Government of India officials.
5. World Stroke Day is observed on October 29
On October 29th, World Stroke Day was celebrated globally. The theme for World Stroke Day 2023 was officially chosen by the World Stroke Organization (WSO) as ‘Together we are #Greater Than Stroke.’ This event holds significant importance within the realms of healthcare and public awareness.
World Stroke Day is observed to remind people of the prevalence and impact of strokes on communities and individuals across the globe. Strokes, also known as brain attacks, are a major global cause of disability and mortality. Hence, this day is dedicated to increasing awareness about strokes, their treatment, and prevention.
6. Indian Army and Air Force Contingent Set Off for ‘Exercise KAZIND-2023’
In a significant development, a contingent from the Indian Army and Indian Air Force, comprising 120 personnel, embarked on a mission to Kazakhstan today.
They aim to participate in the 7th edition of the Joint Military ‘Exercise KAZIND-2023.’ This collaborative endeavor will take place in Otar, Kazakhstan, from 30th October to 11th November 2023.
The Indian Army contingent, led by a Battalion from the DOGRA Regiment, consists of 90 personnel.
Alongside them, 30 Air Force personnel from both sides will also actively partake in this year’s Exercise. This dynamic blend of Army and Air Force elements underscores the holistic nature of this bi-service exercise.