Current Affairs Agreements

BookMyForex.com, a marketplace for foreign exchange and remittances, has partnered with YES Bank to launch a co-branded multi-currency forex travel card for Indian overseas travellers. In this Partnership, customers will now be able to buy forex travel cards at the click of a button on the BookMyForex platform and get free doorstep delivery across major cities in India. BookMyForex will offer zero margin or exact inter-bank rates 24×7 on forex card sales.
Source: The Hindu

  Army Welfare Housing Organization (AWHO) and Tata Realty & Housing have signed a memorandum of understanding (MoU). This MoU enables the personnel of Indian Army to immediately take over dwelling units in 13 ‘Ready to Move in’ projects of Tata Realty spread over 10 cities at a discount ranging from 11% to 27%. Army Welfare Housing Organization (AWHO), which has always endeavoured to provide quality housing for Army personnel who are deployed in remote locations across the country. AWHO will now facilitate the acquisition of hom
Source: The Press Information Bureau

  Shri Mata Vaishno Devi University (SMVDU), Jammu and National Institute of Solar Energy (NISE) have signed a memorandum of understanding (MoU) to work jointly to achieve the objective of National Solar Mission through training programmes. The MoU, which will be valid till 5 years.
Source: The Business Standard

  I-League champion Chennai City FC has announced a strategic partnership with German sports goods supplier “uhlsport“. The partnership aims to support a sustainable growth of football education in India. It will also work to develop grassroots football in Tamil Nadu and across India.
Source: The Hindu

 The Naval Air Enclave in Kochi and Cochin International Airport Limited have signed a MoU for commencement of naval air operations from the NAE, a naval aviation facility at CIAL in Nedumbassery. According to MoU, military aircraft will use the CIAL runway for take off and landing and the NAE taxy track for accessing the dispersal and aircraft hangar.
Source: The Economic Times

  Reliance Jio and Microsoft announced a partnership to accelerate the digital transformation in India. Under this deal, Microsoft will bring in the Azure Cloud on Jio Network and target the enterprise and business users seeking a technological shift.
Source: The Economic Times

 Indian Bank has entered into a corporate agency agreement with Cholamandalam MS General Insurance Company Ltd. Under the agreement, Indian Bank will distribute the latter’s insurance products ranging from motor, home, health PA, and travel insurance, and SME and commercial line of business etc. All these products will be distributed through traditional and digital platform to Indian Bank customers.
Source: The Business Standard

 The Indian Institute of Technology Madras partnered with National Institute of Ocean Technology to harness electricity from ocean waves. Both institutions will together develop turbines that can harness the power of ocean waves to generate electricity. The research is being headed at IIT Madras. The partnership is aimed at meeting renewable energy and climate change objectives of the government of India.
Source: The Economic Times

 The National Institute of Solar Energy and the United Nations Industrial Development Organization have signed an agreement to initiate a skill development programme for different levels of beneficiaries in the solar thermal energy sector. NISE and UNIDO will engage national and international experts to bring the best practices by developing specialized training material.
Source: The Press Information Bureau

  The Uttar Pradesh government has extended bilateral agreements with Netherlandstill 2024. The previously inked MoUs sought cooperation and exchange of the knowledge and techniques in the fields of solid waste management, spatial planning, water management including restoration of water bodies and mobility planning.
Source: The India Today



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