The Government of India has approved a USD 1 billion line of credit (LoC) for Sri Lanka, to help the Island nation for importing food, essential items and medicine.
Indian Navy will be represented by INS Kirch, a guided missile corvette while Sri Lanka Navy will be represented by SLNS Sayurala, an advanced offshore patrol vessel.
Bajaj Allianz General Insurance has extended the tenure of its current managing director & chief executive officer (MD & CEO) Tapan Singhel for another five years.