Shriram Group is all set to enter the wealth management business in the next financial year FY 25 while it awaits regulatory approval from the Reserve Bank of India (RBI) to venture into asset reconstruction activities.
The Chennai-based conglomerate will launch its wealth management business through a subsidiary Shriram Credit, which is a subsidiary of Shriram Capital. Asset reconstruction would come under Shriram Capital.
Tata Group, Airbus Team Up to Make Helicopters
The Tata Group and European aerospace company Airbus signed an agreement to manufacture H125 civilian helicopters together in India. This announcement came as India and France adopted a joint defence production road map and an agreement on defence space partnership, following talks between Prime Minister Narendra Modi and French President Emmanuel Macron.
Jannik Sinner defeated Daniil Medvedev 3-6, 3-6, 6-4, 6-4, 6-3 in the Australian Open final in Melbourne and clinched his maiden Grand Slam crown.
Sinner is the third Italian player to win a Grand Slam men's singles title, after Nicola Pietrangeli, who won back-to-back Roland Garros titles in 1959 and 1960, and Adriano Panatta, who won the title at 1976 Roland Garros.
The Australian Open is a tennis tournament held annually at Melbourne Park in Melbourne, Victoria, Australia. The tournament is the first of the four Grand Slam tennis events held each year, preceding the French Open, Wimbledon and the US Open.
It was first held in 1905 as the Australasian Championships. In 1969, it became the Australian Open.
ICC Lifts Suspension on Sri Lanka Cricket with Immediate Effect
The International Cricket Council (ICC) lifted the suspension imposed on Sri Lanka Cricket (SLC) with immediate effect. The ICC Board had been monitoring the situation since the suspension and was now satisfied that SLC is no longer in breach of membership obligations.
In November 2023, SLC was suspended by ICC following a political slugfest in SL after the introduction of an interim committee led by Arjun Ranatunga by the Sri Lanka Sports Minister Roshan Ranasinghe, who also suspended the entire SLC board following a heavy loss to India in the Cricket World Cup and a disappointing tournament overall, which saw them win only two matches out of nine and also miss out on ICC Champions Trophy 2025 slot.
East Bengal Champions of Super Cup with Win over Odisha FC
East Bengal was crowned champions of the Super Cup after emerging 3-2 winner in a final against Odisha FC in Bhubaneswar. Despite both sides having multiple chances to score, neither could convert as the match ended 2-2 after regulation time and also after the end of the first half of extra-time. Brazilian recruit Cleiton struck the winner for East Bengal in the 111th minute of the match, leaving his team in a state of frenzy and the opponents shocked.
Nitish Kumar Resigns as Bihar Chief Minister amidst Alliance Turmoil
Nitish Kumar, who was uniting the Opposition to take on BJP, took oath as Bihar Chief Minister with BJP as the new alliance partner.
The Bihar leader dumped his partner RJD and resigned as Chief Minister earlier.
After meeting the governor, he said, that I have resigned from the post of Chief Minister. The new Grand Alliance that was created (in August 2022) is not in a good condition. The situation is not looking good.
Rajasthan, MP, Centre Sign MoU for Modified River Linking Project
An MoU was signed by Rajasthan and Madhya Pradesh with the Union Ministry of Jal Shakti for implementation of the Modified Parbati-Kalisindh-Chambal-ERCP (Modified PKC-ERCP) Link Project.
The project envisages integration of original PKC river link project with Eastern Rajasthan Canal Project to implement it as an inter-state river linking project under the national perspective plan of interlinking of rivers (ILR) programme of the Government of India.
BJP Appoints LS Poll in-charges: Panda Gets UP, Tawde Bihar
The BJP appointed its election in-charges and co-in-charges for states and Union Territories for the upcoming Lok Sabha elections.
Baijayant Panda was given the charge of the crucial state of Uttar Pradesh while Vinod Tawde was appointed as election in-charge of political affairs in Bihar, where JD(U) president and Chief Minister Nitish Kumar returned to the NDA. Some of the other names included Bihar ex-minister Mangal Pandey in West Bengal, Tripura ex-CM Biplab Kumar Deb in Haryana and BJP general secretary Tarun Chugh in J&K and Ladakh.
Joint military exercise - SADA TANSEEQ between India & Saudi Arabia
The inaugural edition of Joint Military Exercise 'SADA TANSEEQ' between India and Saudi Arabia is being held from January 29 to February 10 in Rajasthan.
The exercise aims to enhance synergy, interoperability and jointmanship by learning and sharing best practices between the Armies of both nations.
The joint exercise focuses on counter terrorism operations under United Nations Mandate.
Preeti Rajak Becomes First Woman Subedar in Army
Champion trap shooter Preeti Rajak became the first woman subedar in the Army, after she was promoted from the havaldar rank.
This is for the first time that a woman Army soldier was promoted to a junior commissioned officer (JCO), after the Army opened soldier ranks to women in the Corps of Military Police (CMP).
Subedar Rajak had joined the Army (CMP) in December, 2022, based on her proven performance in trap shooting. She is the first meritorious sportswomen in shooting discipline enrolled in the Army as a havaldar.
Senior politician and former Union Minister Harmohan Dhawan passed away at the age of 83.
Elected to the Lok Sabha from Chandigarh in 1989 on a Samajwadi Janata Party ticket, Dhawan became the Union Civil Aviation Minister in Prime Minister Chandra Shekhar's cabinet.
In 1990, Dhawan switched to the Congress, but did not stay there for long due to differences with former Union minister Pawan Bansal. He floated his own party, Chandigarh Vikas Manch, and contested the 2004 Lok Sabha elections from Chandigarh, but lost.
Again in 2007, he moved to the Bahajun Samaj Party and contested the 2009 Lok Sabha polls from Chandigarh unsuccessfully. The next year, he joined the Bharatiya Janata Party.
After remaining associated with the saffron party for nearly a decade, he joined the Aam Aadmi Party in 2019 and fought the Lok Sabha elections from Chandigarh for the fourth time, losing again.
Indian Newspaper Day is celebrated on January 29 every year to commemorate the birth of the first Indian newspaper. India and Asia's first printed newspaper was the English weekly 'Hicky's Bengal Gazette'. This day aims at promoting newspapers and encouraging people to pick up the newspaper and read it every day.
On January 29, 1780, the first Indian newspaper was published. The first weekly publication was called the 'Hicky's Bengal Gazette', also referred to as the 'Calcutta General Advertiser'.
Satyabrata Mukherjee, Mithun Chakraborty, Usha Uthup get Padma Bhushan
Former West Bengal BJP president Satyabrata Mukherjee (posthumously), actor and BJP leader Mithun Chakraborty and singer Usha Uthup were honoured with Padma Bhushan, the third-highest civilian award in the country.
Mukherjee was minister of state for Chemicals and Fertilisers and Commerce and Industries in the Atal Bihari Vajpayee government at the Centre from 1999 to 2004.
After Mamata Banerjee became West Bengal Chief Minister, Mithun Chakraborty became a Rajya Sabha member of the TMC. However, Chakraborty stayed away from politics allegedly after he was summoned by the CBI in the chit-fund corruption case. Before the 2021 assembly election, he campaigned for the BJP.
Pop singer from Bengal (she was born in Mumbai), Usha Uthup started her career as a nightclub singer. Uthup sang for many Bollywood and other language films. She also acted in a few movies.
Uttar Pradesh Leads in College Count: AISHE Report
Uttar Pradesh had the highest number of colleges in the country, followed by Maharashtra and Karnataka, according to the government's All India Survey for Higher Education 2021-22. The AISHE survey was released by the Ministry of Education.
The top 10 states in terms of number of colleges in India included Rajasthan, Tamil Nadu, Madhya Pradesh, Andhra Pradesh, Gujarat, Telangana and West Bengal, each having at least 30 or more colleges per lakh population.
The world's largest cruise ship is set for its maiden voyage, but environmental groups are concerned that the liquefied natural gas-powered vessel - and other giant cruise liners to follow - will leak harmful methane into the atmosphere.
Royal Caribbean International's Icon of the Seas set sail from Miami with capacity for 8,000 passengers across 20 decks.
The ship is built to run on liquefied natural gas (LNG), which burns more cleanly than traditional marine fuel but poses greater risks for methane emissions. Environmental groups say methane leakage from the ship's engines is an unacceptable risk to the climate because of its short-term harmful effects.
PM Inaugurates Diamond Jubilee Celebration of Supreme Court
Prime Minister Narendra Modi inaugurated the Diamond Jubilee celebration of the Supreme Court of India in Delhi. During the event, he launched several citizen-centric information and technology initiatives, including Digital Supreme Court Reports (Digi SCR), Digital Courts 2.0, and a new bilingual website for the Supreme Court.
The Prime Minister congratulated everyone on the occasion, and highlighted the significant role the Supreme Court plays in upholding the principles of freedom, equality, and justice outlined in the Indian Constitution.
The event was attended by Chief Justice of India D. Y. Chandrachud, Union Minister for Law and Justice Arjun Ram Meghwal, and other prominent figures in the legal system.
Dhananjaya Yeshwant Chandrachud is an Indian jurist, who is the 50th and current Chief Justice of India serving since November 2022.