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PM Modi pledges to take India to new heights
Mr Narendra Damodardas Modi took oath as the 15th Prime Minister of India, on Monday, May 26, 2014. "As we devote ourselves to take India's development journey to newer heights, we seek your support, blessings and active participation," said Mr Modi, in a statement on the PMO website.
India most loved market in Asia: HSBC
Indian equities markets have seen foreign institutional investors (FII) net inflow of US$ 2.3 billion in May 2014, taking the total to US$ 7.8 billion so far in 2014, as per an HSBC report. “India still the most loved market in the region,” the report quoted.
Foreign investment inflows may double to US$ 60 billion this fiscal
Foreign investment inflows are expected to more than double to US$ 60 billion level this fiscal, as per an industry study. The net foreign investment inflows are expected to cross US$ 46.17 billion during 2012–13, one of the best years for overseas investment inflows.
Microsoft launches new initiative for start-ups
Microsoft has announced partnerships with iSPIRT, Nasscom and The Indus Entrepreneurs (TiE), in a bid to further boost the start-up ecosystem.
L&T Infotech to join US$ 1 billion club of mid-tier companies soon
L&T Infotech will soon be joining the US$ 1 billion club of mid-tier IT firms. The company will be focusing on its fastest growing verticals, including auto and aerospace.
Perfint’s cancer surgery device to enter US market
Perfint Healthcare has received approval from the US Food and Drug Administration (USFDA) to market its product MAXIO, an assistive device, used in minimally invasive cancer surgeries.
Kenyan delegation visits NDDB for assistance on milk cooperatives
In a bid to promote dairy business in Kenya, Kenya Dairy Farmer Foundation (KDFF) and East Africa Dairy Development Project of Heifer International has sought assistance from the National Dairy Development Board (NDDB) on forming cooperatives for milk procurement, processing and marketing.
IIM-C ties up with hospitals in US, India for healthcare executive programme
Indian Institute of Management, Kolkata (IIM-C), in association with the US hospital CHI St. Luke's Health, Houston TX, and Glocal Healthcare, an Indian rural hospital chain, will launch a one-year certificate healthcare executive management programme. The course will offer management learning with built-in hands-on elements and is meant for people with three years of operational or related experience in healthcare services.
Vodafone India to expand Project Samridhi to rural Haryana to boost employment among women
Vodafone India has expanded its Project Samridhi in Karnal in an effort to enhance sales and provide employment opportunity to women in the region. Under the project, the company has appointed 100 women, from rural Haryana, to sell e-top-ups and prepaid recharges.