 National women’s badminton coach Kim Ji-Hyun has stepped down from her post of National women’s coach of India. She has played a vital role in helping P.V. Sindhu win the 2019 badminton World Championship gold. As a result she is unlikely to be with the Indian team ahead of the 2020 Tokyo Olympics as per her contract. |
| Source: The Hindu |
 Godavarthi Venkata Srinivas was appointed as the next Ambassador of India to the Republic of Guinea Bissau. He will succeed Partha Satpathy. A 1993 batch-IFS officer, Srinivas is presently the country’s Ambassador to the Republic of Senegal. |
| Source: The Business Standard |
 Nilesh Shah, Managing Director of Kotak Asset Management Company (AMC), has been appointed as the new chairman of the Association of Mutual Funds in India (AMFI). He will replace the Managing Director, and CEO of ICICI Prudential Asset Management Company, Nimesh Shah. The AMFI also elected Saurabh Nanavati, Chief Executive Officer, Invesco Mutual Fund as the vice-chairman of AMFI, for a period of one year. AMFI was incorporated on August 22, 1995, as a non-profit organisation. As of now, all the 44 asset management companies that are registered with Sebi, are its members. |
| Source: The Economic Times |
 Securities and Exchange Board of India has imposed a penalty of over Rs 22 crore on Aurobindo Pharma and its promoters. They have been penalised for violating insider trading norms. The regulator had conducted an investigation into the trading in the scrip of Aurobindo Pharma Ltd. SEBI found that these entities purchased shares while in possession of the UPSI pertaining to Aurobindo, and made unlawful gains from having purchased its shares at a lower price before the publication of the unpublished price sensitive information (UPSI). |
| Source: The Hindu |
 Bhagat Ram Vats a former PTI senior correspondent passed away. He travelled extensively with first prime minister Jawaharlal Nehru and covered the country’s maiden Lok Sabha polls for 14 years, covering his activities in India and abroad, especially his election tours in 1952, 1957 and 1962. He started his career with The Statesman, New Delhi, and later joined the Press Trust of India. |
| Source: The Business Standard |
 Former Indian cricketer Madhav Apte passed away. He has played 67 first-class matches, scored 3336 runs, with six centuries and 16 half-centuries. He made his Test debut against Pakistan at the Cricket Club of India (CCI) in Mumbai on November 1952 and played his last test against West Indies at Kingston in April 1953. |
| Source: The Hindu |
 Wipro, the Bengaluru-based software services provider has tied up with Febraban, an industry body representing the Brazil’s financial services industry. Wipro will develop an online platform “Noomis” for the financial services industry in Brazil. Noomis will serve as a meeting point and a discussion platform for the finance professionals in Brazil who will participate in CIAB, an information technology trade show for financial services organized by FEBRABAN. Noomis will provide reliable, analytical, and unbiased information via news reports, videos, and newsletters that will enable participants to stay up to date on financial market trends. |
| Source: The Live Mint |
 Bharti Airtel has tied up with Bharti AXA Life Insurance to offer a pre-paid plan with insurance protection cover for its customers, as part of its strategy to leverage the deep penetration of mobile services to build a financially secure India. Airtel has come up with an innovative ?599 pre-paid bundle with offers Rs. 4 lakh life insurance cover from Bharti AXA Life Insurance. The recharge comes with a validity of 84 days, and the insurance cover continues automatically for three months with every recharge. |
| Source: The Hindu |
 Paisalo Digital has signed its co-origination loan agreement with the Bank of Maharashtra. This is Company’s second Co-origination Agreement with any Bank, before Bank of Maharashtra, the company has already signed a co-origination loan agreement with State Bank of India. |
| Source: The Business Standard |
 Nelly Korda has won the Ladies European Tour Title at Lacoste Ladies French Open. She shot a four-under 67 to win her first Ladies European Tour title. India’s Aditi Ashok was the best Indian at the Lacoste Ladies Open de France as she shot even par 71 in the final round to finish at 26th. |
| Source: The Hindu |
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