User: ifinews Topic: IFIs
Category: world-bank :: bangalore
Last updated: Jan 16 2019 12:31 IST RSS 2.0
 
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Deve Gowda downplays exit of 2 Independents from Karnataka government, calls it media hype 16.1.2019 Zee News : India National
The JDS chief asserted that the government headed by his son HD Kumaraswamy was stable and not at the mercy of any political party but of god.
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Rupee may take another bruising this year but no new record low: Poll 9.1.2019 Zee News : Business
Fewer than 20 percent of contributors in the latest poll expected the rupee to breach that all-time low in the next 12 months, compared to nearly 50 percent in a November survey and about one-third in December.
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Vision of a New India - USD 5 Trillion Economy 11.12.2018 Govt of india: PIB
VISION OF A NEW INDIA:             The Ministry of Commerce & Industry is creating an action-oriented plan which will highlight specific sector level interventions to bolster India’s march towards becoming a USD 5 trillion economy before 2025.
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LIVE! Delhi govt fined Rs 25 crore for pollution; to be deducted from officials' pay 3.12.2018 Rediff: Top Stories (India)
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Under construction building collapses in Bengaluru`s Thyagarajanagar 10.11.2018 Zee News : India National
No deaths or injuries have been reported so far.
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Current Affairs wrap for the day: October 13th 2018 13.10.2018 Scroll.in - News that matters
Get all the big national and international news and stay up to date with Current Affairs and General Knowledge to prepare for competitive exams.
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BBMP’s ambitious LED street light project hits a road block 22.6.2018 Hindu: News
The civic body has received a complaint about one of the bidders
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Fissures in Karnataka Congress? Party MLA Satish Jarkiholi`s supporters protest seeking Cabinet seat for him 6.6.2018 Zee News : India National
Ahead of the Cabinet expansion in Karnataka on Wednesday, there seem to be fissures within the Congress over the allocation of berths. Supporters of Congress MLA Satish Jarkiholi on Wednesday staged a protest near Vidhana Soudha in Bengaluru demanding a ministerial seat for him in the state cabinet. 
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India shows how sexual assault against women can hold back rise of nation 29.5.2018 Top Stories
In the eight years from 2004, about 20 million women (the size of the combined populations of New York, London and Paris) vanished from India's workforce, the World Bank estimates
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LIVE! Now, official says 27 people did NOT die in Bihar bus mishap 4.5.2018 Rediff: Top Stories (India)
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EV cab service provider Lithium to raise $8 mn from IFC for expansion 28.4.2018 Latest News
Lithium Urban Technologies (Lithium), which gave the country its first electric cab service, plans to expand its service outside Bengaluru and Delhi NCR. The company also plans to enter other business in electric mobility, which are currently being piloted. To support the expansion company plans to rope in International Finance corporation (IFC) as an equity investor.The World Bank's investment arm is considering an equity/quasi equity investment of up to $8 million in Lithium. The investment will be through Compulsorily Convertible Preference Shares (CCPS) as a part of the company's fund-raising round with additional capital being provided by other investors.IFC's investment at this stage will provide the Company with patient capital needed for the growth phase as it explores new avenues for EV applications. IFC will also be providing private institutional capital to a small company in a nascent sector. IFC's investment will provide a strong signal of support for the adoption of ...
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With proper innovation, India can do a Silicon Valley in 5 yrs: World Bank 3.4.2018 Business Standard: News Now
"I believe firm size, firm capability and innovation have a strong relationship," said World Bank India head
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ISA, IEA ink joint declarations of partnership for renewable energy 10.3.2018 General News
The International Solar Alliance (ISA) has signed a joint partnership agreement with the International Energy Agency (IEA) to deepen cooperation in the field of renewable energy. The ISA has also inked joint financial partnership declarations with the African Development Bank (AfDb), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Green climate fund (GCF), and the New Development Bank (NDB). "The objective of the agreements is to deepen their cooperation in support of renewable energy. The previous three partnerships were signed by ISA with the World Bank, the European Investment Bank and the European Bank for Reconstruction and Development," an official statement said. The agreements were signed in the presence of Finance Minister Arun Jaitley and Power and New and Renewable Energy Minister R K Singh. The statement said the International Renewable Energy Agency (IRENA) will sign a joint partnership declaration tomorrow. The ISA is working for ...
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​Government of India signs a MoU with Canada's International Development Research Centre (IDRC) 23.2.2018 General News
During the signing ceremony, Indian side appreciated the contribution of IDRC in supporting quality research in various fields including finance, agriculture, industry and health in India.
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Cape Town is running out of water... Bengaluru is next 13.2.2018 Rediff: Top Stories (India)
It's not just South Africa's Cape Town which is going dry. Here are 10 other cities that are most likely to run out of drinking water.
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Alibaba leads $300 mn funding in bigbasket 2.2.2018 Hindu: Business
The Bengaluru-based online grocery store plans to deploy funds for expansion
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World Bank commits USD 100 mn to boost rural economy of TN 30.1.2018 General News
The government and World Bank today signed a USD 100 million (about Rs 6,400 crore) loan agreement to promote rural economy in selected blocks of Tamil Nadu across 26 districts, benefiting over 4 lakh people. The funding aimed at promoting rural enterprises, facilitate their access to finance, and create employment opportunities for youth particularly women, the finance ministry said in a statement. The Tamil Nadu Rural Transformation Project will create an enabling environment for producer organisations and enterprises to promote businesses across select value chains, it said. "Based on the analysis, communities will identify commodities and subsectors in the value chain for preparing business plans. 30 per cent of the financing for these business plans will be through a matching grant programme from the project and the remaining 70 per cent will be leveraged from other financial institutions," it said. It will also specifically support eligible households from ...
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Bengaluru most well read city in India: Survey 5.1.2018 All News-IANS Stories
Bengaluru has emerged as the most well read city in India, while Mumbai and Delhi stands at second and third position, respectively, according to a survey conducted by Amazon India's Annual Reading Trends Reports for 2017.
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BBMP plans for LED street lights, yet again. What’s different now? 29.12.2017 Citizen Matters
BBMP hopes to save Rs 8 crores per month through LED streetlights. This isn't the first time - BBMP has been talking about LED lights for a long time now. What's the plan now? ...
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E-commerce marketplace Moglix expands footprint to Mumbai, Ahmedabad 15.12.2017 Sify Finance
[India], Dec 15 (ANI): B2B e-commerce platform Moglix on Friday announced its expansion to Mumbai and Ahmedabad to cater to the market of Western and Southern India.
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