117 villages electrified last week

As many as 117 villages were electrified across the country last week, Power Ministry said today.
"117 villages have been electrified across the country during last week (from 23rd to 29th May 2016) under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY)," it said in a statement.
Out of these electrified villages, 18 villages are in Arunachal Pradesh, 26 in Assam, 23 in Jharkhand, one in Rajasthan, six in Madhya Pradesh, three in Uttar Pradesh, five in Bihar, two in Chhattisgarh, 11 in Odisha and 22 in Meghalaya, it said.
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BASF opens plant at Kharagpur
* BASF India today inaugurated a concrete admixtures production plant at Kharagpur in West Bengal, its sixth in the country.

With the inauguration of the new plant, BASF will meet the increasing demands for high quality construction chemicals in the eastern part of the country, a company statement said.

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OPPI appoints Kanchana TK as the new Director General * Pharma industry body Organisation of Pharmaceutical Producers of India (OPPI) has appointed Kanchana TK as its new Director General.
Kanchana takes over from Ranjana Smetacek, with effect from June 1, 2016, OPPI said in a statement.
She was earlier with Bristol Myers Squibb, where she was Lead - Public Affairs for Middle East, Africa and India, it added.
Karnataka Bank gets Greentech award for safety and security

* Karnataka Bank today said it has bagged this year's national level Greentech Safety Award for making achievements in the field of safety and security.
The award is presented by Greentech Foundation to institutions in both public and private sectors that have made significant achievements in the field of safety and security.
"In recognition of achievements in this field, the bank was declared as winner of Gold Winner during the year," the bank said.
P Jayarama Bhat, MD and CEO, Karnataka Bank said: "I appreciate the initiative of Greentech Foundation...And I also reiterate the commitment of the bank for th safety of its customers, employees and also the general public."

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Bank of Maharashtra to hire 1,315 candidates in 2016-17 * State-run Bank of Maharashtra today said it will be hiring 1,315 candidates on various posts across the country in the financial year 2016-17.
The bank is seeking candidates for various cadres including clerks, probationary officers at junior manager (scale-I), manager (scale-II) and senior manager (scale-III) levels, it said in a statement.
The bank will also be hiring clerks with agricultural and legal background.
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Birla Sun Life AMC launches close-ended equity scheme * Birla Sun Life Asset Management Company (AMC) has launched Resurgent India Fund-series 1, a close-ended equity scheme with a tenure of 3.5 years from and including the date of allotment.

Birla Sun Life AMC, is a part of Aditya Birla Financial Services Group and the investment manager for Birla Sun Life Mutual Fund.
The new fund offer opens for subscription from August 25-September 8 with price of units of the scheme at face value of Rs10 per unit, a company said in statement issued here.
"Our NFO looks to provide investors a good opportunity to make the most of this growth phase over the 3.5-year horizon," Birla Sun Life AMC chief executive A Balasubramanian said.
NTPC's Koldam hydro station records highest PLF in July
NTPC Ltd's Koldam hydro power station has achieved the highest plant load factor (PLF) or capacity utilisation of 107.27 per cent among all central and state plants in July this year.

"Koldam HPS has achieved Declared Capacity (DC%) of 110.10 per cent in May, 2016 which is highest in the country for the month of May, 2016 and added another feather to its cap by achieving highest Plant Load Factor (PLF) of 107.27 per cent among all central and state sector power stations in the country in July, 2016," NTPC Ltd said in a statement.
NTPC entered hydro power generation with the 800 MW Koldam Hydro Project in Himachal Pradesh on river Satluj. Koldam began its commercial operation on July 18, 2015.
In 2015-16 its generated 1794.71 Million units of electricity which is more than 105 per cent of design energy. With commissioning of Koldam (4x200 MW) HPS, NTPC has given impetus to hydro power growth in the country, it added.

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Avery Dennison announces 'Spirit of Invention' scholarship * Avery Dennison Foundation, the philanthropic arm of Avery Dennison Corporation, today announced the winners of the fifth edition of InvEnt 'Spirit of Invention' Scholarship in India, at an event held here.
The programme is designed to recognize and reward the 'spirit of invention' amongst entrepreneurial and high-achieving undergraduate students in the fields of science, engineering and technology at select higher education institutions in India and China, the Foundation said in a release.
The 10 winners this year are Aakriti Agrawal - BITS Pilani, Alanckrit Jain - BITS Pilani, Anirudh Tusnial - BITS Pilani, Anmol Gupta - BITS Pilani, Anubodh Yadav - St. Stephen's College, Delhi, Neeraj Gadi - BITS Pilani, Shravan Patankar - PVG COET, Shreenidhi Vinze - PVG COET, Vaibhav Agarwal - BITS Pilani and Vinay Gusain - St.Stephen's College.

The meritorious students have been awarded about Rs 1,00,000, each, the release added.
Avery Dennison, headquartered in Glendale, California, is a global leader in labelling and packaging materials and solutions with operations in more than 50 countries and reported sales of USD 6 billion in 2015.