Current Affairs - Business

India's inaugural Gati Shakti Research Chair was set up at IIM Shillong. This partnership between the Ministry of Ports, Shipping & Waterways and IIM Shillong aims to advance research in multimodal logistics, particularly focusing on development strategies in the North-East region.

IRCTC has partnered with Swiggy, a prominent food delivery platform in India, to provide pre-ordered meal delivery services through its e-catering portal. This collaboration aims to offer passengers more dining options and enhance convenience during train journeys.

India and Greece have agreed to double their bilateral trade by the year 2030. The agreement was reached between Prime Minister Modi and Greece's PM Kyriakos Mitsotakis. Both nations expressed commitment to enhancing cooperation in various sectors including space, pharmaceuticals, shipping, communication, defence, agriculture, maritime, and air connectivity.

PhonePe has introduced the Indus Appstore, a native Android app marketplace, to challenge the dominance of the Google Play Store and Apple App Store. This move aims to provide Indian users with an alternative platform for accessing a wide range of applications.

Tech Mahindra, an IT services and consulting firm, finalized the acquisition of Orchid Cybertech Services for ₹24.75 crores. This acquisition underscores Tech Mahindra's strategy to expand its service offerings and strengthen its presence in the Philippines market.