Alka Mittal became the 1st woman chief of ONGC.

  • Alka Mittal has been appointed as the interim chairman and managing director of Oil and Natural Gas Corporation (ONGC NSE 0.81%).
  • She is the first woman to hold the top position in a Maharatna company.
  • Mittal replaces another interim chief, Subhash Kumar, who retired after reaching the retirement age on December 31.
  • She was also serving as an interim chief.
  • She has been appointed for a period of six months with effect from January 1, 2022, or till the appointment of a regular incumbent on the post, or until further orders, whichever is the earliest.

Apple has become the 1st company in the world to achieve a market value of $3 trillion.

  • Apple Inc. Its stock market value briefly reached $3 trillion (£2.2tn) on January 03, 2022, becoming the 1st company in the world to do so.
  • Apple became the 1st company to have a market value of $3 trillion.
  • Reaching the milestone in a nutshell in the latest showcase of the tech industry's pandemic boom.
  • The iPhone maker set a new high near 18:45 GMT, reaching $182.88 per share before falling slightly.
  • Apple's market cap reached $182.86 per share, making it the 1st company in the world to touch the $3 trillion mark.
  • However soon after hitting the mark, the stock price fell below it and did not rise again until the market closed.
  • The iPhone maker passed $2 trillion (£1.4tn) in 2020 and over $1 trillion (£740,000m) in 2018.

Union Education Minister Dharmendra Pradhan launches NEAT 3.0.

  • The Union Education Minister, Shri Dharmendra Pradhan, on January 03, 2022, launched the National Educational Alliance for Technology (NEAT 3.0), and the regional language textbooks prescribed by AICTE.
  • Pradhan said that NEAT will prove to be a game-changer in bridging the digital divide, especially among the economically disadvantaged students and in meeting the knowledge-based need of India and the world.
  • The minister informed that 58 global and Indian start-up ed-tech companies are on NEAT and are offering 100 courses and e-resources to improve learning outcomes, develop employable skills and overcome learning loss.
  • Collaboration with global ed-tech companies and Indian start-ups through NEAT will help build India's digital education base.

Union Minister Ashwini Vaishnav launched "India Semiconductor Mission".

  • IT Minister Ashwini Vaishnav has launched India Semiconductor Mission (ISM) to attract large investments for setting up semiconductor wafer fabrication facilities in India.
  • The Center invites interested companies for the development of Semiconductors and Display Manufacturing Ecosystem in India.
  • ISM is an exclusive and independent business division within Digital India Corporation.
  • The financial support of up to 50 per cent of the project cost (ceiling of Rs 12,000 crore per fab) will be provided for the scheme for setting up display fabs.
  • Fiscal support will be provided on pari-passu basis for a period of six years from the date of approval both for semiconductor fabs and display fabs.

Indian-origin Ashok Eluswamy was the 1st employee to be hired for Tesla.

  • Tesla founder and CEO Elon Musk, who has been using social media to recruit people, has disclosed that Indian-origin Ashok Elluswamy was the 1st employee to be hired for his electric vehicle company’s Autopilot team.
  • Before joining Tesla, Mr Elluswamy was associated with Volkswagen Electronic Research Lab and WABCO Vehicle Control System.
  • Ashok Eluswamy holds a Bachelor's degree in Electronics and Communication Engineering from the College of Engineering Guindy, Chennai and a Master's degree in Robotics System Development from Carnegie Mellon University.

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