Grihum Housing Appoints Ex-Citi Banker Arjun Chowdhry as CEO
Grihum Housing Finance, a TPG-backed mortgage lender, named Arjun Chowdhry, a former Citibank and Axis Bank Executive, as its new Managing Director and CEO. The announcement follows the resignation of current MD & CEO Manish Jaiswal, effective August 31, who will continue in an advisory role until December 31.
Chowdhry has over two decades of financial sector experience.
J&K Bank Appoints Veteran Banker S. Krishnan as Non-executive Chairman
Jammu & Kashmir Bank announced the appointment of S. Krishnan as its new non-executive chairman, subject to Reserve Bank of India (RBI) approval. The appointment, approved by the bank's board is valid until March 26, 2028.
S. Krishnan brings over 40 years of experience in the banking sector. His career highlights include,
Managing Director & CEO of Punjab & Sind Bank
MD & CEO of Tamilnad Mercantile Bank (appointed in 2022)
Nayara Energy Appoints Teymur Abasguliyev as CEO
Nayara Energy, one of India's major private oil refiners, appointed Teymur Abasguliyev, a senior executive from SOCAR Turkiye Enerji A.S., as its new Chief Executive Officer (CEO). The decision follows the resignation of Alessandro Des Dorides and other top European executives.
The appointment came in the wake of the European Union's 18th round of sanctions on Russia, which included Nayara Energy due to its association with Rosneft, a Russian state-owned oil giant that holds a 49.13% stake in Nayara.
Teymur Abasguliyev is an Azerbaijan national, educated at Baku State University. He has had a long career in finance and energy.
Pixxel's Firefly Satellites, Dhruva Space's LEAP-1 Placed in Orbit
Three hyperspectral imaging satellites developed by the Indian start-up Pixxel were successfully placed in orbit by SpaceX's Falcon 9 rocket. The launch of the three satellites, along with the three launched earlier in January (2025), marked the completion of the first phase of the Firefly constellation.
Ravichandran Ashwin, one of India's finest cricketing minds and legendary off-spinners, officially retired from the Indian Premier League (IPL), bringing an end to a decorated domestic T20 career. Having last played for the Chennai Super Kings (CSK) in 2025, the veteran's announcement marks the end of an era. With his exit from both international and IPL circuits, Ashwin now sets his sights on exploring global T20 leagues, an opportunity made possible only after stepping away from Indian cricket.
Ashwin debuted in IPL in 2009 and went on to play 221 matches.
He represented multiple franchises including CSK, Punjab Kings, Delhi Capitals, and Rajasthan Royals.
Harmeet Kahlon Wins PGA of Alberta Seniors Golf Championship
Arjuna Awardee golfer Indian Harmeet Kahlon, who is now also a Canadian Professional golfer, won the PGA of Alberta Seniors Golf Championship at McKenzie Meadows Golf Club in Calgary, Canada.
Kahlon achieved the feat by one stroke over Jason Stanier on the last hole.
Ajay Devgn Joins ISPL as Ahmedabad Team Owner
Bollywood icon and entrepreneur Ajay Devgn officially joined the Indian Street Premier League (ISPL) as the proud owner of its newly launched Ahmedabad franchise. This marks another milestone for the ISPL, India's first professional tennis-ball T10 cricket league, as it expands to include eight teams across the country.
Founded in 2024, the ISPL is led by a powerhouse team of visionaries that includes cricketing legend Sachin Tendulkar, Cabinet Minister Ashish Shelar, League Commissioner Suraj Samat, and Minal Amol Kale. The league aims to uncover untapped cricket talent from the streets of India and provide them with a professional platform to shine.
Goa Chief Minister Pramod Sawant allocated portfolios to Digambar Kamat and Ramesh Tawadkar, days after they were inducted into the Cabinet.
While Kamat, who served as the Chief Minister of Goa from 2007 to 2012 during the last Congress government in the state, was allocated the portfolios of Public Works Department (PWD), captain of ports, and legal metrology, former speaker Tawadkar was allocated tribal welfare, art and culture, and Sports and Youth Affairs.
Cabinet Approves ₹12,328 crore Railway Projects across Five States
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved four major railway projects worth around ₹12,328 crore aimed at boosting connectivity, freight movement, and regional development. The projects include one new rail line in Gujarat's Kutch region and multi-tracking works in Karnataka, Telangana, Bihar, and Assam.
Assam Government Approves SOP For Inter Religious Land Transfer
The Assam government approved a Standard Operating Procedure (SOP) for inter-religious land transfer in the state.
Briefing over the decision Assam Chief Minister Himanta Biswa Sarma said that all such transfers will come to the government.
India and Japan Strengthen Naval Ties with UNICORN Project
India and Japan are deepening their defence cooperation through the co-development of the Unified Complex Radio Antenna (UNICORN) project, a cutting-edge radar mast system for Indian Navy warships.
The UNICORN system, also known as Nora-50, is an advanced integrated communication and radar mast designed to improve stealth and operational efficiency. Originally developed by Japan's NEC Corporation, Sampa Kogyo KK, and Yokohama Rubber Company for the Mogami-class frigates of the Japan Maritime Self-Defence Force (JMSDF), UNICORN consolidates multiple antennas into a single composite structure.
Chief of Integrated Defence Staff Attends Chiefs of Defence Conference 2025 in Thailand
Chief of Integrated Defence Staff Air Marshal Ashutosh Dixit participated in the annual Chiefs of Defence Conference in Thailand from August 26 to 28, 2025. The event was jointly hosted by the United States Indo-Pacific Command and Royal Thai Armed Forces.
The conference is a premier multilateral forum that brings together the Chiefs of Defence from nations across the Indo-Pacific region to deliberate on the evolving regional & global security challenges, cooperative frameworks and avenues for strengthening military-to-military engagements. The 2025 edition focused on maritime security, counter-terrorism, cyber resilience, humanitarian assistance, disaster relief and fostering stability in the Indo-Pacific.
Khabarchhe Innovator and Trendsetter Awards 2025 honoured 28 change-makers in Surat, from entrepreneurs to social workers. Padma Shri dignitaries presented the awards.
Here's the roll call of the 28 awardees across fields: Bhavika Maheshwari – Youngest spiritual & motivational speaker, SAI Women & Children Welfare Trust – Peace initiatives, India & abroad, Rahul Gupta – Bharat Lubricants, 40 years of contribution, Dr. Manu Sharma – The Clinic, joint replacement surgery, Mamta Dhiren Jani – On Track Education, study abroad counselling, Chetan Shah – Solex Energy Ltd., solar innovation, Ritesh Modi – Kesariya Textile Co., rapid textile growth, Vikas Champalal Doshi – Coco-High, luxury beverages, Ghanshyam Italia – Life Line United Foundation, innovation in matrimony, Deepak Sankadsaria – Deevera Diamond, luxury jewellery, Vispy Kharadi – Mixed Martial Arts & fitness, Samrat Patil – Shri Sai Leela Group, industry & philanthropy, Dr. Ranjitsinh Solanki – Integrative herbal oncology, Saurav & Ashish Jetwani – Navin Mart, electronics innovation, Ajaybhai Undhad – Avadh Ayushka, real estate, CA Ravi Chavchharia – Empowering CA students, Paras Pethani & Ankit Senjaliya – Gujju Rocks, social media, Dr. Jagdish Sakhiya – Sakhiya Skin Clinic, Shreyans Goyal – Shakti Group of Companies, chemicals, Vishnukant Paliwal & Manoj Agrawal – GM Industrial Estate LLP, Progress Alliance – Business networking with family values, Sheetal Chokhawala – Rentio, pulses industry, Viral Bhatt – Viral Investments, financial advisory, Neha Rawat – Fashion & entertainment, Architect Ashish Patel – Sustainable interior design, Rishabh Shah – Nomads, food & vintage charm, Shivani Divyesh Kataria – Bhoommikart, homemaker empowerment and Kanaiyalal Pandav – Radhe Dhokla Pvt. Ltd., takeaway food innovation.
Cabinet Extends PM SVANidhi Scheme Till 2030 with ₹7,332 crore Outlay
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the restructuring and extension of the Prime Minister Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme. The lending period, which was earlier valid till December 31, 2024, has now been extended to March 31, 2030. The total outlay for the restructured scheme is ₹7,332 crore.
Under the new provisions, the loan amount in the first and second tranches has been increased. The first tranche will now provide up to ₹15,000, instead of ₹10,000 earlier, and the second tranche has been raised to ₹25,000 from ₹20,000. The third tranche of ₹50,000 remains unchanged. Beneficiaries who repay the second loan will also become eligible for a UPI-linked RuPay Credit Card.
CBSE, AIIMS-Delhi Launch Project 'MATE' for School Counsellors
The Central Board of Secondary Education (CBSE), in collaboration with the All India Institute of Medical Sciences (AIIMS) Delhi, launched a five-day offline training programme under Project MATE (Mind Activation Through Education). The training, at the AIIMS Delhi runs until August 30.
According to CBSE, Project MATE has been developed by AIIMS Delhi as an adolescent wellness programme designed to enhance resilience, build coping strategies, and strengthen peer connectivity through the "MATE-5" framework.
Kerala's most celebrated festival, Onam, began on a grand and colourful note in Tripunithura with the traditional Athachamayam procession, a ceremonial curtain-raiser to the state's 10-day harvest festival, which concludes on September 5, 2025. Onam 2025 promises a celebration that blends deep-rooted tradition with dynamic modern flair.
Held in Tripunithura, the former royal seat of the Kochi kingdom, Athachamayam has always been a symbol of Kerala's cultural unity and royal heritage.
Anuj Tikku Releases His 61st Book, 'Lust, Stocks Aur Ek Qatal'
Author Anuj Tikku released his 61st book, 'Lust, Stocks Aur Ek Qatal', a thriller set in the glamorous yet dangerous world of investment banking.
The novel explores the collision of money, desire, and betrayal against the backdrop of high finance. Blending love, ambition, and a shocking murder, Tikku's latest work reflects his reputation for raw, unfiltered narratives that probe the darker sides of human ambition.
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