PhonePe launches 'Insuring Heroes' campaign, women will benefit from it on International Women's Day
PhonePe on Thursday launched its 'Insuring Heroes' campaign ahead of International Women's Day. International Women's Day is celebrated every year on March 8. With this initiative, the company is offering special discounts of up to 30 percent to women on select term life and health insurance plans.
This special discount will be available on the PhonePe platform till March 9, 2025. Women can avail these special offers on the PhonePe app to strengthen their financial position and enjoy long-term stability. Under the initiative, up to 15 percent discount is being given on health insurance plans and up to 30 percent discount on term life insurance plans.
Through this initiative, PhonePe aims to provide more financial security to women, so that women can easily get the right insurance according to their needs. To avail these offers on the PhonePe app, users will first have to select the 'Insuring Heroes' banner in the Insurance section of the PhonePe app.
HDFC Bank launches Project HAKK to support IAF veterans
HDFC Bank has launched Project HAKK (Hawai Anubhavi Kalyan Kendra) to provide support and services to Indian Air Force (IAF) pensioners, veterans and their families.
In this regard, the Bank has signed a Memorandum of Understanding (MoU) with the IAF acting through the office of the Assistant Chief of Air Staff – Accounts & Air Veterans and CSC Academy.
The Bank said in a statement that 25 centres have been proposed across the Air Force units, including New Delhi, Bengaluru, Gurgaon, Pune, Secunderabad, Guwahati, Jodhpur, and Chandigarh.
The bank, in association with CSC Academy (promoted by Common Service Centre E-Governance Limited), will provide skill development and training across financial products and services, empowering defence service veterans and next of kin to be financially independent.
AGNIT Semiconductors wins India Electronics and Semiconductor Association's (IESA) Technovation Startup award for Semiconductors 2025
AGNIT Semiconductors, India's only vertically integrated Gallium Nitride (GaN) semiconductor startup, has been honored with the Semiconductor Startup Award 2025 by the India Electronics and Semiconductor Association (IESA). The award was presented at the IESA Vision Summit 2025 held on March 6, 2025, in Gandhinagar, Gujarat, recognizing AGNIT's contributions to India's semiconductor startup ecosystem. The award ceremony witnessed Hareesh Chandrasekar, CEO & Co-founder of AGNIT Semiconductors, receiving the award from Ms. Mona Khandhar, Principal Secretary (Science and Technology), Government of Gujarat, marking a significant achievement in the company's journey toward innovation and self-reliance in semiconductor technology.
AGNIT is the first Indian GaN semiconductor startup incubated by the Foundation for Science Innovation and Development (FSID) located at the Indian Institute of Science (IISc). Recognized for its cutting-edge GaN semiconductor technology, the startup was also awarded an ELEVATE startup grant by the Government of Karnataka in 2021 for its pioneering work on indigenous GaN technology.
Federal Bank Welcomes Vidya Balan as its First-Ever Brand Ambassador
Federal Bank, one of India's leading private sector banks with an impressive legacy over the years, today announced the appointment of acclaimed actress, Vidya Balan, as its first-ever brand ambassador. The announcement was made during a special ceremony in Mumbai, where Ms. Balan was presented with a commemorative memento by Mr. K.V.S. Manian, Managing Director & CEO of Federal Bank.
This association is an important milestone in the brand's journey as it continues to enhance its market position. The Bank's senior team in a recent analyst meet had laid out clear directional path for the Bank, and brand transformation was one of the significant themes.
NMDC appoints Amitava Mukherjee as chairman & managing director
NMDC has announced the appointment of Amitava Mukherjee as the chairman and managing director (CMD) of the company, effective from 6 March 2025.
According to an exchange filing, his tenure will continue until his superannuation on 29 February 2028, or until further orders, whichever is earlier.
Mukherjee has been with NMDC since November 2018, when he joined as Director (Finance). He had been serving as the additional charge of CMD since March 2023 before officially assuming the full role. Along with his new position at NMDC, Mukherjee also serves as the chairman of NMDC Steel and Legacy Iron Ore.
A seasoned professional, Mukherjee is a cost accountant and a senior officer from the 1996 batch of the Indian Railway Accounts Services (IRAS). He has held various critical roles within the Government of India, contributing significantly to the countrys industrial and economic development.
Pakistan at second spot on Global Terrorism Index 2025
Pakistan has been ranked as the second-most affected country in the Global Terrorism Index 2025, following Burkina Faso, with Syria in third place. The report, released by the Institute for Economics and Peace, Sydney, highlights a sharp rise in terror incidents within Pakistan, which have doubled from 517 attacks in 2023 to 1,099 in 2024. This marks the first time attacks have exceeded 1,000 since the index's inception.
The report attributes this surge to the growing influence of the Tehreek-e-Taliban Pakistan (TTP) and other militant groups. This militant group has emerged as Pakistan's most dangerous terrorist organisation for the second consecutive year. In 2024, the group carried out 482 attacks, resulting in 558 deaths, a 91% increase compared to 2023, when 293 people were killed in TTP attacks.
Yogi to lay foundation stone of Microsoft campus in Noida
Uttar Pradesh chief minister Yogi Adityanath will visit Noida on March 8 to lay the foundation stone of several mega projects including a campus for US tech firm Microsoft in Sector 145, officials said. Noida authority chief executive officer (CEO) Lokesh M and other officials on Thursday inspected the chief minister’s scheduled route and function venue to complete preparations for the event.
The Microsoft campus will be built on a five-acre plot in Noida Sector 145. Aside from this, Adityanath is expected to inaugurate IT firm MAQ’s building in Sector 132, and IT firm Sify’s campus in Sector 132, also spread on a five-acre plot. He will also lay the foundation stone of public projects including two underpasses proposed to be built on the Noida-Greater Noida Expressway and dedicate the the Ganga Water project under which the authority wants to deliver quality drinking water to residential areas along the Noida-Greater Noida Expressway, said officials.
Uttar Pradesh CM Adityanath launches credit camp under Yuva Udyami scheme
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday inaugurated a joint credit camp for the Gorakhpur and Basti divisions under the Mukhya Mantri Yuva Udyami Vikas Abhiyan. The camp aims to facilitate loans for young entrepreneurs as part of the State's effort to boost entrepreneurship.
Addressing the event, Chief Minister Adityanath highlighted the significance of the initiative, saying, "With the inspiration of PM Narendra Modi, the double engine government of BJP has taken up a big campaign to prepare 10 lakh new entrepreneurs in the country. We started the Mukhya Mantri Yuva Udyami Yojana on January 24, 2025, and it has been about a month and a quarter since the scheme was implemented."
India Moves Towards Semiconductor Self-Reliance With Tata Electronics’ ?91,000 Crore Fab Project
The India Semiconductor Mission (ISM), Tata Electronics Private Limited (TEPL), and Tata Semiconductor Manufacturing Private Limited (TSMPL) have signed a Fiscal Support Agreement (FSA) to establish the country’s first commercial semiconductor fabrication unit in Dholera, Gujarat. The agreement was signed in the presence of Gujarat Chief Minister Bhupendra Patel, marking a crucial step in India’s drive towards technological self-reliance.
The Tata Electronics semiconductor fab will see an investment of over ₹91,000 crore, with a capacity of producing 50,000 wafers per month (WSPM). The Government of India, through ISM, has committed 50% fiscal support on a pari-passu basis for eligible project costs. This move underscores India’s commitment to establishing a robust semiconductor ecosystem and reducing dependency on foreign chip manufacturing.
The project is expected to generate more than 20,000 direct and indirect skilled jobs. In collaboration with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), Tata Electronics will integrate global expertise into India’s semiconductor industry. The facility will cater to the growing demands of global markets in automotive, computing, communications, and artificial intelligence (AI) sectors.
India showcases telecom transformation at MWC 2025, Scindia highlights key innovations
Union Telecom Minister Jyotiraditya Scindia on Tuesday underscored India’s rapid telecom transformation at the ongoing Mobile World Congress (MWC) 2025 in Barcelona, Spain.
At the event, the minister highlighted India’s advancements, including the world’s lowest data tariffs, indigenous 4G/5G stacks, and robust cybersecurity measures. He addressed key sessions such as “Global Tech Governance: Rising to the Challenge” and “Balancing Innovation and Regulation: Global Perspectives on Telecom Policy.” He emphasized the need for spectrum management, market stability, telecom regulation, and consumer protection to strike a balance between innovation and regulation.
During his visit, Scindia inaugurated the Bharat Pavilion, organised by the Services Export Promotion Council (TEPC) with the support of the Department of Telecommunications. The pavilion featured 38 Indian telecom manufacturers presenting cutting-edge hardware and software products. He also unveiled VVDN’s indigenously designed AI-based Wi-Fi 7 and visited booths of major tech companies, including Meta and Google Cloud, to explore their latest innovations.