Daily Current Affairs – Dec 7th, 2020

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Bharti Airtel Ltd, its subsidiary Nettle Buys 4.94% Stake In Bharti Infratel For Rs 2,882 Crore

With this transaction, Bharti Airtel’s total direct and indirect stake in its mobile tower arm Infratel has increased to 41.66%. Indus Tower, which was the country’s largest standalone mobile tower company, has merged with Bharti Infratel.

Did you Know

Bharti Airtel Ltd
CEO: Gopal Vittal;
Founder: Sunil Bharti Mitta

Earth Rules Pty Ltd,Tata Consumer’s Australia Unit to Sell MAP Coffee Business to Buccheri Group for $1.25 million

It will be received in tranches by Feb. 28, 2021, according to the terms of the asset sale and purchase agreement.MAP Coffee was established in 2002 and supplied Australian cafes, restaurants, and bars with a range of Italian and locally roasted coffee.

Did you Know

Earth Rule pvt became a part of the Tata Group company in 2014.

Indo-German initiative ‘IGnITE’ launched to develop 40,000 skilled workforce by 2024

Siemens, along with the Federal Ministry for Economic Cooperation & Development of the Federal Republic of Germany and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with the support of the Ministry of Skill Development Entrepreneurship

Did you Know

IGnITE: Indo-German Initiative for Technical Education

Rupifi Joins Hands With Axis Bank, Visa To Launch Credit Card For Small Businesses

The card will be offered to micro, small and medium enterprises (MSMEs) to transact on aggregator platforms for their business purchases.Rupifi works with large aggregators like food delivery platforms, e-commerce companies, grocery, pharma,agri-commodity.

Did you Know

Rupifi company:India’s first Lending-As-A-Service play for SMEs.

Vice President releases a book on Former President Dr APJ Abdul Kalam, ’40 Years with Abdul Kalam- Untold Stories’

Shri M Venkaiah Naidu called upon youngsters to draw inspiration from former President Dr APJ Abdul Kalam and work towards building a strong, self-reliant and inclusive India.’40 Years with Abdul Kalam- Untold Stories’ authored by Dr Sivathanu Pillai.

Did you Know

A.P.J.Abdul Kalam is known as People’s President.

Pfizer one of the world’s premier biopharmaceutical companies seeks emergency use authorisation for COVID-19 vaccine in India

Pfizer India has become the first pharmaceutical firm to seek from the Drugs Controller General of India (DCGI) an emergency use authorisation for its COVID-19 vaccine in the country, after its parent company secured such clearance in the UK and Bahrain.

Did you Know

Drug firm Zydus Cadila: got approval from the DCGI for trial.

Armed Forces Flag Day or the Flag Day of India: observed on December 7

Since 1949, 7th December is observed as the Armed Forces Flag Day throughout the country to honour the martyrs and the men in uniform who valiantly fought & continue to fight on our borders to safeguard the nation.

Did you Know

Armed Forces Day: third Saturday of every May

Nation pays homage to Bharat Ratna Dr BR Ambedkar on his 64th Mahaparinirvan Diwas on December 6

Eminent dignitaries and Parliamentarians will offer tributes to the architect of the Constitution at his statue in the Parliament House complex in New Delhi. He suggested the ideals of economic & social justice, equality & fraternity.

Did you Know

He is known as the ‘Father of Indian Constitution’

Ministry of Commerce and Industry and Ministry of AYUSH decides to set up an AYUSH Export Promotion Council

It was also decided in the review that the entire AYUSH sector will work together to achieve price & quality competitiveness to boost AYUSH exports.Officials from Ministry of Commerce & Industry, RIS, BIS & Invest India & AYUSH industry shared their view.

Did you Know

Ministers,Piyush Goyal: Comm.& Industry;
Shripad Naik: AYUSH

ILO’s Global Wage Report 2020-21 says Women, Lowest-Paid Workers’ Wages Most Affected Due To COVID-19 Pandemic

Women and lowest-paid workers have been hurt the most by this fall in wages, in ILO’s Global Wage Report for 2020-21. Due to the COVID-19 pandemic, monthly wages declined or grew more slowly in the first six months of 2020, according to ILO.

Did you Know

ILO Director-General: Guy Ryder;
HQ: Geneva;
Founded:1919

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