1.E.K Palaniswamy was sworn in as the 13th Chief minister of Tamil Nadu by Governor Ch.Vidya Sagar rao at Raj Bhavan.
2.Nearly,half of the 18 lakh people under the IT scanner for suspicious bank deposits post cash ban have been put in the double category,said IT officials.
3.United Arab Emirates has unveiled plans to build the first city on Mars by 2117 as the energy rich country looks to transport people to the planet over the next few decades.
4.The Merger of 5 Associate banks with the SBI will be completed in the fiscal year 2018 even as the cabinet has given a green signal for it on wednesday.
5.Regional Rural banks has raised the ceiling of Gold loan given by RRBs to 2 lakhs from 1 Lakh expanding the access to credit for Farmers and Artisans willing to pledge gold as Collateral.
6.TATA motors and Microsoft announced a strategic partnership to leverage the latters cloud based connected vehicle technology that uses Artificial Intelligence Advanced Machine learning and Internet of Things to enhance driving experiences.
7.The 12000 crore Chardham highway project in Uttarakhand will be completed by the end of 2018,Nitin Gadkari said.
8.Soft bank group is buying Alternate Asset Manager Forters Investment Group LLC for $3.36 in cash to operate alongside the Japanese Company's soon to be established tech investment fund.
9.Ujjivan Financial Services limited, a Bengaluru based MFI has struck a 150 crore securitisation deal with Birla Sun life Mutual Fund.The Transaction comprises Individual loans as Underlying Assets.
10.Mahindra Truck and Bus Division of the Mahindra group has announced the sucessful implementation of its Delhi-Mumbai service corridor to provide quick service support to its customers.
11.The Cabinet committee on economic affairs approved the awarding of contracts in 31 contract areas of discovered small oil and gas fields earlier belonging to Oil and Natural Gas Corporation and Oil India Limited.The Contract areas Include 44 fields,28 inland and 16 offshore.
12.Defence public enterprise Hindustan Aeronautics ltd. plans to initiate the process of its maiden public offer as soon as possible during fiscal 2017-18.
