CONTENT National…………………………………………….…………………….2 International……………… D
CONTENT National…………………………………………….…………………….2 International……………………………………………………………..12 Defence………………………………………………………………….16 Appointments or Resign/Retired…………………………….…………..20 Honours/ Awards……………………………………………….……….25 Sports……………………………………………..……………..………29 Obituaries………………………………………………..…….….….….32 Important Days with theme………………………………….…….…...36 1 National General Atlantic to Buy 0.84% stake in Reliance Retail for Rs 3,675 Crore i. Reliance Industries Limited(RIL) and Reliance Retail Ventures Limited(RRVL) announced that General Atlantic will buy 0.84% stake in RRVL, a subsidiary of RIL for Rs 3,675 crore. ii.This investment values RRVL at a pre-money equity value of Rs 4.285 lakh crore. iii.With this investment, RRVL gets total funding over Rs 16,000 crore within September 2020. President Ram Nath Kovind Gives Assent to 3 labour codes along with Companies (Amendment) Bill, 2020 i.The Central government aims to push India in among the top 10 countries in the World Bank’s ease of doing business rankings with the comprehensive labour reforms such as passing of Code on Wages, 2019 in August 2019. Read Parliament Passed Code on Wages Bill, 2019. As per the ‘Doing Business’ 2020 report, India had jumped 14 places to the 63rd position in the ease of doing business rankings. ii.Now, in order to pacing the commitment further, on September 30, 2020, President Ram Nath Kovind has given his assent to the three labour codes viz. Code on Social Security 2020, the Occupational Safety, Health and Working Condition Code 2020, and the Industrial relation Code 2020. iii.Now these three labour codes along with Code on Wages, 2019 will merge 29 central labour laws into four broader legislations including Factories Act, 1948, the Mines Act, 1952, the Employees State Insurance (ESI) Act, 1948, the Minimum Wage act, 1948, and Maternity Benefit Act, 1961, among others.
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