Current Affairs - Business

Oil India is hosting its inaugural global partner roadshow titled "Confluence: Where Energy and Opportunity Converge" in Abu Dhabi, UAE. This event aims to enhance partnerships, explore new business opportunities, and streamline the partner onboarding process as the company sets ambitious production targets for oil and gas.

C-DOT and Qualcomm signed an MoU at Mobile World Congress 2024 to bolster India's telecom sector. Qualcomm will provide expertise, cutting-edge technology, and IP training to accelerate the development of indigenous telecom products, supporting the Make in India vision.

Reliance Industries (RIL) has announced a merger deal with Viacom18 Media and The Walt Disney Company to establish a joint venture (JV) integrating Viacom18 and Star India operations. With RIL committing a significant investment of Rs 11,500 crore (approximately US$ 1.4 billion) into the JV, this strategic move aims to reshape the Indian entertainment and sports industry landscape.

The National Institute of Ayurveda signed a MoU with the Government of Thailand to establish Academic Collaboration in Ayurveda and Thai Traditional Medicine. This agreement highlights the efforts towards enhancing cooperation between India and Thailand in the field of traditional medicine.

The US-India Cyber Security Initiative was launched in collaboration with the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), emphasizing the importance of strengthening IT partnerships and addressing cyber challenges. This collaboration aims to unite global experts, foster people-to-people ties, create jobs, and develop cutting-edge solutions to minimize cybersecurity threats and ensure a secure cyberspace.