The Reserve Bank of India has accorded its approval to the Government of the Union Territory (UT) of Ladakh to acquire 8.23 per cent of the paid-up equity capital of Jammu and Kashmir Bank Ltd as of the date of enforcement of the Jammu and Kashmir Reorganisation Act, 2019 (October 31, 2019).
Google-parent Alphabet will launch a new robotics company, Intrinsic which will focus on building software for industrial robots. The segment comes out of X, Alphabet's Moonshot factory that houses futuristic firms such as Waymo, Wing and Veril.
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