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India and the United Kingdom agree to further strengthen the cooperation in education
The Government of India and United Kingdom (UK) have decided to further strengthen the cooperation in education through the joint UK-India Education and Research Initiative (UKIERI).
Indo-US WTO pact to give new push to global trade
The bilateral agreement between India and the US on trade facilitation is expected to grant new momentum to multilateral efforts at the World Trade Organisation (WTO).
Six Indian infra projects among world's 100 most 'innovative and impactful'
Six major infrastructure projects of India-Delhi Metro, Yamuna Expressway, Interceptor Sewage System in Delhi, Gujarat International Finance Tech-City (GIFT), Mundhra Ultra Mega Power Plant and Narmada Canal Solar project-have featured in the list of 100 of the world's most innovative, impactful infrastructure projects prepared by KPMG.
Industrial output grows at 3-month high
The Index of Industrial Production (IIP) indicated that the industrial growth in India has rebounded to 2.5 per cent in September 2014, aided by growth in capital goods production.
Vietnam seeks Indian investment in infrastructure, IT and education sectors
Vietnam is looking forward to Indian investment in several of its sectors where India has advantages such as infrastructure, power, IT, education and pharmaceutical research sectors.
Govt plans new policy to boost household savings
The Government of India has planned to formulate a new policy to encourage financial savings and boost money parked in a slew of products including bank fixed deposits, insurance premium, mutual funds and post-office savings.
India signs loan agreements worth US$ 200 million with World Bank
The Government of India has signed a loan agreement worth US$ 200 million with the World Bank for technology centre system programme (TCSP), which will be used to set up 15 new technology centres (TCs) and to modernise/ upgrade existing 18 TCs.
GSMA expects 250 million broadband connections in India by 2017
The broadband services user-base in India is expected to grow to 250 million connections by 2017, according to the UK-based GSM Association (GSMA).
Foundation Laid for the New Incubation Facility at STPI, Patna
The foundation stone for the new incubation facility at the software technology park of India (STPI) at Patna has been laid down by Mr Ravi Shankar Prasad, Union Minister for Communications and IT and Law and Justice, Government of India. It aims to boost entrepreneurship and IT exports from the state of Bihar.
Temasek buys 10.16 per cent stake in Intas Pharmaceuticals
Singapore-based investment firm Temasek Holdings Pte Ltd has acquired a 10.16 per cent equity stake in Intas Pharmaceuticals. Temasek acquired the stake by way of secondary purchase of shares from private equity (PE) investor ChrysCapital.
Aurobindo Pharma to acquire Natrol
Aurobindo Pharma Ltd has won an auction to buy nutritional supplements maker Natrol Inc for US$ 132.5 million.