Current Affairs

NRL Wins Excellence in Enterprise Security Award at India PSE Summit 2026

Numaligarh Refinery Limited (NRL) has been recognised with the prestigious “Excellence in Enterprise Security” award at the India PSE Summit 2026, highlighting its leadership in strengthening cybersecurity and enterprise resilience.

The summit was organised by Express Computer in association with The Indian Express (P) Limited, bringing together public sector leaders and technology experts to celebrate innovation and digital transformation.

NRL received the honour for its outstanding implementation of a modern Security Operations Centre (SOC) and robust Business Continuity Planning (BCP) framework. These initiatives have significantly strengthened the company’s cybersecurity posture and ensured operational resilience in the face of evolving digital threats.



RITES Wins ASSOCHAM Achiever’s Award 2026 for USBRL Bridge Contribution

RITES Ltd. has been honoured with the prestigious ASSOCHAM Achiever’s Award 2026 for its significant contribution to the Udhampur–Srinagar–Baramulla Rail Link (USBRL) bridges.

The recognition highlights RITES’ role in delivering excellence across advanced bridge design, rigorous proof-checking, and the deployment of structural health monitoring systems. Through these efforts, the organisation ensured the highest standards of safety, durability, and performance throughout the project lifecycle.



ONGC Athletes Win Gold and Silver at IBSF World Billiards Championship 2026 in Ireland

ONGC Limited has expressed immense pride as its sportsperson Sourav Kothari secured the Gold Medal at the IBSF World Billiards Championship held in Ireland, successfully defending his world title with a commanding performance. His consistent excellence and composure reaffirm his position among the elite players in international billiards.

In an all-India final, another ONGC athlete and Padma Bhushan awardee Pankaj Advani delivered a stellar performance to claim the Silver Medal, further highlighting India’s dominance in cue sports on the global stage. The final showcased exceptional skill, discipline, and sportsmanship, reflecting the growing strength of Indian athletes in international billiards competitions.



NTPC and Government of Maharashtra Sign Addendum to MoU for Pumped Storage Projects

NTPC Limited and the Government of Maharashtra have signed an addendum to the Memorandum of Understanding (MoU) for the development of Pumped Storage Projects (PSPs), marking a significant step towards strengthening India’s clean and reliable energy infrastructure.

The original MoU, signed on 03 September 2024, envisaged the development of two PSPs—Amba and Kumbhe—with a total capacity of 1800 MW. Based on detailed investigations, optimisation studies, and technical assessments considering topography, reservoir capacity, and project feasibility, the capacities and locations of these projects have now been revised.



NSDC Signs MoU with ITEES Singapore to Boost Skill Development in India

India’s skilling ecosystem is set to receive a major boost through enhanced global collaboration, as the National Skill Development Corporation (NSDC) has signed a Memorandum of Understanding (MoU) with ITE Education Services (ITEES), Singapore.

The partnership aims to co-develop advanced, future-ready training systems aligned with global standards, with a strong focus on improving employability and institutional capacity across sectors.

Under this collaboration, both organisations will work towards building scalable skill development programmes in manufacturing and services, while also enabling the training of up to 10,000 trainers through structured capacity-building initiatives.



India launches first official F1 Sim Racing Championship with Mumbai Falcons

Formula 1 and Mumbai Falcons Racing Limited have announced the launch of India’s first Official F1 Sim Racing Championship. Held under an agreement that grants Mumbai Falcons the rights to host an official Formula 1-sanctioned sim racing competition, the F1 Sim Racing India Open 2026 will establish a national competitive platform for emerging talent across the country.The Championship is designed to create a structured pathway from virtual competition to professional motorsport, offering young drivers a credible first step into the wider racing ecosystem. This also marks the first time Formula 1 has introduced a programme of this nature, exclusively for India, according to a release.

The announcement comes at the perfect time, as conversations around bringing Formula 1 back to India gain momentum and fan interest in the sport continues to surge.



RBI launches Mission SAKSHAM for capacity building of Urban Co-operative Banking sector

The Reserve Bank of India (RBI) has launched Mission SAKSHAM for capacity building of the Urban Co-operative Banking sector. It aims to enhance managerial and operational capabilities, improve compliance culture, and strengthen institutional resilience across UCBs. Mission SAKSHAM is a mission-mode, sector-wide and all-India capacity-building training initiative for UCBs, under which the RBI will conduct a large number of training programmes, both in-person and through e-learning courses, covering about 1 crore 40 lakh participants.

These programmes will target groups including board members, senior management, heads of risk, among others, and will also include content delivery in regional languages wherever feasible. Mission SAKSHAM aims to establish a sustainable, self-reinforcing ecosystem for systemic stability and the healthy growth and development of the UCB sector.



Sigma Advanced Systems inks pact with Rolls-Royce to supply components for aerospace programs

Sigma Advanced Systems has signed a seven-year long-term agreement with Rolls-Royce valued at ₹3,800 crore to supply a wide portfolio of high-precision-engineered, safety-critical components and assemblies for Rolls-Royce’s aerospace programs.

The agreement is a program-level partnership delivered through the company’s manufacturing network across India and the UK, reflecting how the company is increasingly operating as an integrated global platform rather than a location-specific supplier.

“This partnership with Rolls-Royce reflects how our strategy is taking shape. It validates the investments we have made in building a connected India–UK platform and our focus on quality, reliability, and long-term partnerships,” Sunil Kumar Kalidindi, Chief Executive Officer and Executive Director at Sigma Advanced Systems, said in a release on Monday.



MRPL, ONGC and OPaL to Form Petrochemicals Marketing Joint Venture

Mangalore Refinery and Petrochemicals Limited (MRPL) has announced the formation of an Integrated Petrochemicals Marketing & Trading Joint Venture Company in partnership with Oil and Natural Gas Corporation (ONGC) and ONGC Petro additions Limited (OPaL).

The Board of Directors of ONGC has approved the creation of the new Joint Venture Company (JVC), with shareholding structured at 50:25:25 between ONGC, MRPL and OPaL respectively. MRPL will contribute ₹12.5 crore towards the equity share capital of the proposed company, subject to approval from the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance.



MobiKwik shares jump 15% as firm secures RBI approval for NBFC application

MobiKwik Group has received an approval from the Reserve Bank of India for a non-banking financial company (NBFC) licence, One MobiKwik Systems said on April 27 following which the shares of the company rose up to 15%.

The RBI approval, MobiKwik said, marks "a significant milestone in the Group’s journey to deepen its financial services offerings".

At 1:35 pm on April 27, MobiKwik shares were trading 14.7% higher at Rs 231.7 apiece.