1. IndiGo associated with SonyLIV to present mobile inflight entertainment
IndiGo pronounced its partnership with online video streaming service SonyLIV to offer passengers entertainment content at ₹25.
- The airline is growing its footprint globally resulting in longer flights for its passengers calling for the need to produce entertainment content onboard. The airline has 50% of its new objectives in 2019 will be international ones.
- Passengers must download the app and video content before boarding their flight.
- IndiGo will provide a link to its passengers through from which they can obtain membership.
- Passengers will have unlimited access to SonyLIV’s premium content catalog for the next 7 days.
- While the government has allowed airlines to offer in-flight internet connectivity and voice calls, IndiGo has decided not to go down this route yet.
2. PNB confirmed its merger with OBC and United Bank of India
The Punjab National Bank (PNB) board has given its in-principle approval for merger with Oriental Bank of Commerce and United Bank of India.
- The move is a part of the declaration of a major bank merger by the Finance Minister Nirmala Sitharaman.
- The directors of the bank approved to start the amalgamation process. The board approved capital investment up to Rs 1,8,000 crore from the government for preferential allocation of equity shares of the bank at a fixed price with reference to SEBI (ICDR) regulations. After the merger, PNB will be the second largest PSB in the country, with a business of Rs 18 lakh crore. It will also be the second largest branch network in India.
3. Anupama Swain achieve bronze in World Martial Arts Mastership Jiu Jitsu 2019
Anupama Swain got a bronze medal in the recently concluded World Martial Arts Mastership Jiu-Jitsu 2019 in Chungju, South Korea.
- She is the only Indian to participate in the championship who have passed for 2022 Asian Games.
- Jiu-Jitsu puts the entire focus on grappling with particular emphasis on ground fighting is a form of martial art and combat sport.
4. Five institutes are conferred IoE
The Ministry of Human Resource Development (MHRD) on the guidance of the University Grants Commission (UGC) and master board of trusty conferred the Institutions of Eminence (IoE) title 5 institutes.
The 5 institutes are IIT-Madras, IIT-Kharagpur, Banaras Hindu University, University of Delhi and the University of Hyderabad.
- The award proposes to symbolizes the commitment of the institution towards Institutions of Eminence.
- The awarded Universities will be required to sign an MoU with the Ministry of Human Resource Development as it had laid out its plan to achieve the objective of becoming a world-class institution.
5. China adopted facial payments in cashless drive
China has presented face recognition payments as the country encompasses facial payment technology. In the facial payment technology money, cards, wallet or smartphones is needed.
Using technology, customers can make purchases by simply surfing in front of point-of-sale (POS) machines equipped with cameras, after linking their facial image to a digital payment system or bank account.
China’s mobile payment is one of the most forward-looking in the world. People actually make their shopping by presenting before pointing on scale (POS) machines with cameras connecting to their face to a digital payment system or bank account.
6. Mini Conclave of First Investor Summit-2019 operated in Leh
The Mini Conclave of First Jammu and Kashmir Investor Summit-2019 is operated in Leh after the abrogation of Article 370 and 35A.
- Despite this, Jammu and Kashmir and Ladakh are going to be union territories from 1 November.
- This year, for the first time, Global Investors Summit is to be organized in Jammu and Kashmir from October 12 to 14.
7. India is listed among top 10 nations in gold reserves
India has surpassed the Netherlands to figure in the list of top ten countries in terms of total gold reserves.
- According to the World Gold Council, India has a total gold reserves of 618.2 tonnes, slightly more than the Netherlands’ reserves of 612.5 tonnes.
- International Monetary Fund (IMF) holds the third position after the U.S. and Germany.
- Indian placed 9th in individual country ranking, excluding IMF, and ranked 10th including IMF.
8. Steve Smith became second Australian to score 500 in Ashes series
After Allan Border to score 500 and more runs in the consecutive Ashes series in England, Steve Smith has become the second Australian.
- Smith approached this milestone after he added 122 runs in the ongoing fourth Ashes Test.
- In the 2015 Ashes which took place in England, Smith scored 508 runs while this time he crossed the 500-run mark in his third match.