LIC listing today to India getting new warships: Here're top news on May 17


 

India will on Tuesday launch two indigenously built frontline warships, marking a significant development for the military. Prime Minister Narendra Modi will address the silver jubilee celebrations of TRAI, the country’s telecom regulator. Life Insurance Corporation will list its shares at the stock exchanges after a blockbuster initial public offering. The Indian embassy in Kyiv, the capital of war-torn Ukraine, is all set to reopen.

Here are the top five developments for May 17.

Rajnath Singh to launch frontline warships

Defence Minister Rajnath Singh will, on Tuesday, launch two indigenously-built frontline warships of the Indian Navy. The inauguration will take place at the Mazagon Docks in Mumbai.

The two warships, that are to be launched, are called Surat and Udaygiri. Surat, named after the bustling port city in Gujarat, is the fourth and final of stealth destroyers under the Project 15B program. Udaygiri, on the other hand, is named after a mountain range in Andhra Pradesh. It is the third of Project 17A frigates.

PM Modi to address silver jubilee celebrations of TRAI

Prime Minister Narendra Modi will address a program marking the 25th-anniversary celebrations of the Telecom Regulatory Authority of India (TRAI) at 11 am on Tuesday. The PM will attend the program through video conferencing.

According to a press release from the Prime Minister's Office, he will also release a postal stamp to commemorate the occasion. Modi will also launch a 5G Test Bed at the program. The project, developed by eight institutes led by IIT-Madras, cost more than Rs. 220 crore.

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