 Food delivery startup Swiggy has acquihired Bengaluru-based AI startup Kint.io for an undisclosed amount. As part of the deal, Kint.io’s founding members Pavithra Solai Jawahar and Jagannathan Veeraraghavan will join the Swiggy team. Founded in 2014, Kint.io specialises in applying deep learning and computer vision for object recognition in videos. Acqui-hiring refers to buying out a company or an entity primarily for the skills and expertise of its staff, rather than for its products or services. The team at Kint.io will join Swiggy to boost its computer vision technology and superior consumer experience. |
| Source: The Hindu |
 Ministry of Coal of India entered into an MoU with the Ministry of Energy, Republic of Poland. The MoU has been signed between Sh. Haribhai Parathibhai Chaudhary, Minister of State for Coal and Mines and Mr Grzegorz Tobiszowski, Secretary of State, Ministry of Energy, Republic of Poland. The objective of this MoU is to foster relations in the field of coal mining and clean coal technologies through the already established Joint Coal Working Group as well as research institutes and academia between the two countries. |
| Source- Press Information Bureau (PIB) |
 The former executive director of Canara Bank, P V Bharathi assumed charge as Chief Executive Officer (CEO) of the Corporation Bank. P V Bharati became the first woman CEO of the bank. Bharathi has been executive director of Canara Bank since September 2016 and served as the firm’s general manager in the risk management wing. She has more than 37 years of experience in the banking industry. Despite the post of executive director of Canara Bank, she also held the post of non-executive director of Can Fin Homes Limited and also a director board member of Canbank Venture Capital Limited. |
| Source: The Economic Times |
 The Asian Development Bank (ADB) has bought a 14% stake in micro-financier Annapurna Finance for Rs 137 crore, reinforcing the belief that India’s microfinance sector is on course to attract long-term funds from global lenders and investors. The expansion of equity will help the firm expand its loan portfolio in asset classes such as MSME and affordable housing, beyond its bread and butter microfinance. ADB has backed MFIs to help achieve its broader objective of reducing poverty in Asia and the Pacific. The investment by ADB will expand Annapurna’s net worth to Rs 580 crore. |
| Source: The Economic Times |
 Two regional rural banks (RRBs) – Pallavan Grama Bank and Pandyan Grama Bank – will be merged to form the Tamil Nadu Grama Bank as per the Finance Ministry notification. The integration will be effective from April 1. The new Tamil Nadu Grama Bank will be under the sponsorship of Indian Bank with head office in Salem. Originally the Pallavan Grama Bank was sponsored by Indian Bank and the Pandyan Grama Bank by Indian Overseas Bank. |
| Source- Business Standard |
 Haryana Hammers won the fourth edition of the Pro Wrestling League (PWL) as they outclassed Punjab Royals 6-3 in the summit clash at the Gautam Buddha University indoor stadium, Greater Noida. Riding on Aleksander Khotsianivski, Ali Shabanov, Kiran, Ravi Kumar and Anastasia Nichita’s dominating performance, the runners-up in the last three editions, Haryana Hammers, turned the tables on the defending champions Punjab Royals winning all the first five bouts of the evening to clinch the title. |
| Source- News18 |
 Former Law Minister of Nepal Nilambar Acharya has been appointed as country’s ambassador to India. President Bidya Devi Bhandari administered the oath of office and secrecy to Mr Acharya in Kathmandu. He has been appointed on the recommendation of the cabinet. Mr Acharya served as a member of Eminent Persons Group formed by India and Nepal on bilateral relations. He was Law Minister in the interim government of 1990. The position of Nepalese ambassador to India was lying vacant after Deep Kumar Upadhyay resigned in October 2017 to join politics. |
| Source- DD News |
 World Cancer Day is being observed observed globally on 4th February. This year, Union for International Cancer Control (UICC), which organizes World Cancer Day, is launching a new 3-year (2019-2021) campaign with the theme: “I Am and I Will.” The Day aims to save millions of preventable deaths each year through education, raising awareness and by pressing governments and individuals across the world to take action against the deadly disease. |
| Source- UICC |
 Union Minister KJ Alphons has announced that the country’s tourism sector fetched revenue of 234 billion US Dollar in 2018, registering a growth of over 19%. This revenue was contributed by 87% domestic and 13% foreign tourists. He made the announcement at the 2nd ASEAN-India Youth Summit in Guwahati. The country is ranked third in the tourism sector, according to the 2018 report of the World Travel and Tourism Council (WTTC). |
| Source- AIR World Service |
 Former captain of the Pakistan women team Sana Mir has become the first Asian woman to play hundred T20Is. Mir, 33, is one of Pakistan’s most senior women cricketers and has been representing the country since 2005. She achieved the feat when she took the field against West Indies in the third and final T20I in Karachi. The top-ranked ODI bowler and seasoned all-rounder was delighted ahead of achieving the landmark. |
| Source- Business Standard |
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