General Awareness

BUSINESS AND ECONOMY - July 2015

Jul 2015

Apr 28, 2025

Anant Ambani Appointed Executive Director of Reliance Industries Ltd

The board of Reliance Industries Ltd (RIL) approved the appointment of Anant Ambani as the Executive Director of the company for a term of five years. This marks a major step in the generational leadership transition within the conglomerate, making Anant the first among the Ambani siblings to assume an executive role in the parent company.
In August 2023, Anant, along with his siblings Isha Ambani and Akash Ambani, was appointed as non-executive directors.
These appointments were approved by shareholders in October 2023.

Apr 27, 2025

RBI's Directive to Banks on Migration to '.bank.in' Domain

In a move aimed at enhancing the security of digital banking and combating growing cybersecurity threats, the Reserve Bank of India (RBI) has mandated all banks to transition their existing web domains to the new '.bank.in' domain by October 31, 2025. This directive came in response to the increasing number of frauds in digital payment systems and aims to create a more secure and trusted online banking environment. By adopting this exclusive domain, banks will be able to mitigate cybersecurity risks, such as phishing attacks, and ensure the safety of digital transactions. The RBI has entrusted the Institute for Development and Research in Banking Technology (IDRBT) as the registrar for the new domain, which will be managed under the Ministry of Electronics and Information Technology (MeitY).

Apr 26, 2025

Stacie Sire Appointed as Vice President and Managing Director of Boeing (BIETC)

Global aerospace and defense major Boeing appointed Stacie Sire as the new Vice President and Managing Director (VP & MD) of the Boeing India Engineering & Technology Center (BIETC). In addition, she will also serve as the Chief Engineer for Boeing India. Sire, a Boeing veteran with 28 years of experience, took over from Ahmed Elsherbini, who led the position from April 2021 to January 2025. With extensive experience across aircraft programs such as the 787, 767, and 777, Sire brings a strong leadership and engineering background to her new role, which is critical for Boeing's long-term strategy and growth in India.

Apr 25, 2025

IndiGo Names Ex-FAA Administrator Michael Whitaker as Independent Director

InterGlobe Aviation, the parent of the country's largest airline IndiGo, announced the appointment of former administrator US Federal Aviation Administration (FAA) and pilot Michael Whitaker as an Independent Director.
Whitaker's appointment is subject to regulatory and shareholders' approvals.

Apr 24, 2025

Chhattisgarh Signs MoU with Clothing Manufacturers Association of India to Make State a Textile Hub

The Chhattisgarh government signed a Memorandum of Understanding (MoU) with the Clothing Manufacturers Association of India (CMAI), marking a major step towards transforming the state into a hub for textile and apparel manufacturing.
According to the state government, the agreement is expected to boost economic development and create substantial employment opportunities in the state.

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