29 August 2020 - Current Affairs/General Knowledge(GK)

1. Amazon has launched Amazon Halo, a new health and wellness service. It has been paired with the launch of an Amazon Halo Band as well. The Band uses multiple sensors to provide information necessary to power Halo insights that is powered by AI

2. Private equity investor PAG will make a ₹2,200 crore investment in Edelweiss Wealth Management (EWM) to pick up a 51% stake in the wealth management business of Edelweiss group

3. Walmart is teaming up with Microsoft to make a bid for TikTok’s US operations. US President, Donald Trump, had issued an Executive Order earlier giving the company 45 days to either sell its business to a US company or be banned from operating in the country

4. Walmart Inc. is divesting two more of its online brands, for focusing on its main website. It is selling footwear website Shoes.com to private-equity firm CriticalPoint Capital, while lingerie brand Bare Necessities will be acquired by Delta Galil Industries Ltd

5. Maruti Suzuki India has announced a partnership with Myles Automotive Technologies.It will expand its vehicle subscription service for individual customers under 'Maruti Suzuki Subscribe' brand in Hyderabad and Pune as a pilot project

6. The Assam Cabinet has approved the Assam Skill Development University Bill. The bill provides for setting up of Skill University at Mangaldoi at the cost of 900 crore rupees

7. Reliance Industries Ltd (RIL) appointed former Indian Oil Corporation (IOCL) Sanjiv Singh as group president and member of the leadership team

8.  Bajaj Allianz General Insurance has launched its pet insurance product called Bajaj Allianz Pet Dog Insurance Policy

9. Mahindra & Mahindra (M&M) has inked a pact with Tel Aviv-based REE Automotive to explore the production of electric commercial vehicles

10. Army Chief General MM Naravane has released a book titled "National Security Challenges: Young Scholars' Perspective" written by university students

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