Dabur becomes first Indian plastic waste neutral' FMCG company

16 February 2022
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Dabur becomes first Indian plastic waste neutral' FMCG company

Dabur India has become the first Indian consumer goods company to become completely plastic waste neutral. It has done this by collecting, processing and recycling around 27,000 metric tonnes of post-consumer plastic waste during FY21-22. Dabur has achieved the landmark of surpassing its plastic packaging usage with recycling. Dabur's Plastic Waste Management initiative was launched in 2017-18 as part of the Plastic Waste Management (PWM) Rule.

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Dabur has also announced the beginning of a new 'Save the Environment' campaign in Himachal Pradesh to raise community awareness about how to manage home plastic waste. They have also been working with school children in towns and villages as part of this commitment, educating them about different forms of garbage and the benefits of sorting them at the source. They have been assisting government schools by providing waste bins, sanitary facilities, and IEC (Information, Education, and Communication) materials.

Important takeaways for all competitive exams:

• Dabur India CEO: Mohit Malhotra;
• Dabur India Headquarters: Ghaziabad;
• Dabur India Founder: S.K. Burman;
• Dabur India Founded: 1884.

Legendary singer and music composer Bappi Lahiri passes away

16 February 2022
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Legendary singer and music composer Bappi Lahiri passes away

Veteran singer and composer, Bappi Lahiri has passed away at the age of 69. He was lovingly called Bappi Da in the industry is known for delivering iconic songs in several films of the late 1970s-80s like Chalte Chalte, Disco Dancer, and Sharaabi. His last Bollywood song was Bhankas for the 2020 film Baaghi 3.

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The singer is known for his gold chains. His real name was Alokesh Lahiri. He joined BJP in 2014. He was declared a BJP candidate from Srerampur (Lok Sabha constituency) in West Bengal for the 2014 Indian general election and lost.

Indian mining major Vedanta to manufacture semiconductors in India

16 February 2022
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Indian mining major Vedanta to manufacture semiconductors in India

The Indian mining major Vedanta has tied up with Taiwanese electronics manufacturing company, Hon Hai Technology Group (better known as Foxconn) to form a joint venture (JV) for manufacturing semiconductors in India. Anil Agarwal, the non-executive Chairman of Vedanta, will be the Chairman of the JV company.

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This is the first JV in the electronics manufacturing sector after the government announced a Rs 76,000 crore production-linked incentive (PLI) scheme for semiconductor and display manufacturing, to create an ecosystem of local production of semiconductors in India. Vedanta will be the majority shareholder in the JV while Foxconn will hold minority share.

Important takeaways for all competitive exams:

• Foxconn Founder: Terry Gou;
• Foxconn Founded: 20 February 1974;
• Foxconn Headquarters: Tucheng District, Taipei, Taiwan.