NID plans to set up auto design centre in Pune
Mumbai: Realising the growing importance being given to automobile designing in India, the National Institute of Design (NID) plans to have a tripartite sector specific facility at Pune.
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World Bank threatens to withdraw Orissa loan
New Delhi: In an ultimatum to the Orissa government, the World Bank has said that it will not process the Rs 5000 crore structural adjustment loan to the state till it addresses the Bank's concerns over outstanding problems in the power sector. World Bank's SAL is a developmental loan for the economic revival of the state.
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S&P raises outlook on 7 companies to stable
Mumbai: Standard & Poor's today revised to stable, the outlook on seven Indian corporates — six of which are energy companies.
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US biotech firm to set up unit at Genome Valley
Hyderabad: Genome Valley, the country's first modern biotech cluster situated in the outskirts of Hyderabad, has succeeded in attracting one of the US-based global biotech majors.
Genome Valley, which provides world-class infrastructure, has already roped in 14 biotechnology companies with investments around Rs 600 crore.
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