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11. Which bank's stake did LIC increase to 7.10% through a Qualified Institutional Placement?
The Life Insurance Corporation of India (LIC) has increased its stake in the Bank of Maharashtra from 4.05% to 7.10% by allotting 25.96 crore equity shares at ₹57.36 each through a Qualified Institutional Placement (QIP). This strategic investment indicates LIC’s confidence in the bank's growth potential and aims to bolster its balance sheet for future expansion plans. The increase in shareholding surpasses 5%, demonstrating LIC's commitment to supporting the public sector bank. This move aligns with LIC's overall investment strategy amidst its recent adjustments in other holdings.
12. Which company launched India's largest hydrogen blending project, starting with a blend of green hydrogen in piped natural gas in Ahmedabad?
Adani Group launched India's largest hydrogen blending project, blending 2.2-2.3% green hydrogen in piped natural gas in Ahmedabad. This initiative aims to reduce emissions and align with net-zero goals. The hydrogen is produced using renewable energy through electrolysis, a process that splits water into hydrogen and oxygen. This blended hydrogen is then supplied to households, representing a significant step towards sustainable energy solutions and carbon reduction in India.
13. On which date is World Habitat Day observed globally in 2024?
World Habitat Day is observed annually on the first Monday of October, which falls on October 7 2024. This day emphasizes the importance of providing decent and safe living conditions for all. The 2024 theme, "Engaging Youth to Create a Better Urban Future," highlights the need for youth involvement in shaping sustainable urban environments. Since its inception in 1985, World Habitat Day has raised awareness about housing and urban development issues, promoting global cooperation and action to address these challenges. The United Nations General Assembly designated the first Monday in October for this observance.
14. Who won the Singapore Open Snooker title with a 5-1 victory over Jaden Ong?
Pankaj Advani won the Songhe Singapore Open Snooker title by defeating Jaden Ong with a score of 5-1. In the tournament, he also secured a narrow 4-3 victory over Thailand's Dechawat Poomjaeng in the quarterfinals. Advani showcased his dominance in the final, winning the last frame with a score of 74-6. This victory adds to Advani's illustrious career, and he is set to defend his world billiards title in Doha in November 2024.
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