international finance corporation

Fortis Healthcare posts consolidated global revenue at Rs.1,409 crore


August 14th, 2012 - 10:28 pm ICT by IANS
New Delhi, Aug 14 (IANS) Fortis Healthcare Tuesday posted a consolidated global revenue at Rs.1,409 crore for the quarter ended June 30 against Rs.485 crore during the like period of ... Read more...

Posted in Business |

Lack of contractors hitting northeast projects: ADB


August 8th, 2012 - 1:09 pm ICT by IANS
Shillong, Aug 8 (IANS) The biggest hurdle in implementing infrastructure projects in the northeastern states is the lack of competent contractors, an Asian Development Bank (ADB) official said Wednesday."One of ... Read more...

Posted in Business |

World Bank opens office in Myanmar


August 1st, 2012 - 8:18 pm ICT by IANS
Yangon, Aug 1 (IANS) The World Bank opened its first country office in Yangon's Inya Lake Hotel Wednesday while granting $85 million to support reforms in the country.Visiting World Bank ... Read more...

Posted in World |

Latin America beckons: India must seize the moment (Comment)


July 26th, 2012 - 1:58 pm ICT by IANS
'Vibrant Gujarat' was on full display at the Courtyard Marriott Hotel in Ahmedabad where the CII assembled over 200 representatives from a wide spectrum of Gujarati business to a seminar last ... Read more...

Posted in Business |

IFC loans euro 10 million to Same DeutzFahr India


July 10th, 2012 - 11:55 pm ICT by IANS
Chennai, July 10 (IANS) The International Finance Corporation (IFC) Tuesday announced a loan of euro 10 million (Rs.680 million) to the Indian subsidiary of Italian tractor maker Same DeutzFahr ... Read more...

Posted in Business |

Global Indian school chain gets IFC funding for new schools


July 9th, 2012 - 10:08 pm ICT by IANS
New Delhi, July 9 (IANS) A global chain of schools providing education with Indian values, especially meant for the diaspora, has received funding from the World Bank's International Finance Corporation ... Read more...

Posted in Uncategorized |

CII, World Bank Group ink pact to save tiger (With Images)


June 27th, 2012 - 12:41 pm ICT by IANS
Washington, June 27 (IANS) The Confederation of Indian Industry (CII) and the World Bank Group have agreed to establish the India Wildlife Business Council (IWBC) to promote tiger and biodiversity ... Read more...

Posted in Environment |

IFC invests $2.7 million in ATM maker Vortex Engineering


June 25th, 2012 - 8:50 pm ICT by IANS
Chennai, June 25 (IANS) The International Finance Corporation (IFC), a member of the World Bank Group, Monday announced it is investing $2.7 million as equity in the city-based low-cost ATM ... Read more...

Posted in Business |

IFC to take 15 percent stake in two SunEdison companies


May 10th, 2012 - 5:45 pm ICT by IANS
Chennai, May 10 (IANS) International Finance Corporation (IFC), a part of World Bank, will be investing Rs.75 crore ($14.5 million) towards 15 percent stake in two holding companies of solar ... Read more...

Posted in Business |

Surge in foreign fund flow into infrastructure


February 5th, 2012 - 6:07 pm ICT by IANS
New Delhi, Feb 5 (IANS) Overseas investors are increasingly pumping money into India's infrastructure sector, especially in the power, oil and gas, telecom and iron and steel segments, due to ... Read more...

Posted in Business |

Russia to be top country for business in 10 years: Putin


December 22nd, 2011 - 2:41 am ICT by IANS
Moscow, Dec 22 (IANS/RIA Novosti) Russia will become one of the best countries for business within the next 10 years, Prime Minister Vladimir Putin has said."We need to outline a ... Read more...

Posted in World |

Energy firm Soham raises Rs.125 crore from SBI fund


November 7th, 2011 - 10:11 pm ICT by IANS
Bangalore, Nov 7 (IANS) Independent power producer Soham Renewable Energy India Ltd Monday said it had raised Rs.125 crore from Macquaire-State Bank of India (SBI) Infrastructure Fund (MSIF) to ... Read more...

Posted in Business |

India ranked 132 in ease of doing business: Report


October 20th, 2011 - 11:25 pm ICT by IANS
New Delhi, Oct 20 (IANS) India ranks 132 out of 183 countries in terms of the domestic regulatory environment for doing business, according to a World Bank and International Finance ... Read more...

Posted in Business |

India becomes better place to do business


October 20th, 2011 - 11:04 am ICT by IANS
Washington, Oct 20 (IANS) With the second best performance after Sri Lanka in South Asia, India climbed seven places to be ranked 132nd best place to do business, according to ... Read more...

Posted in Business |

Bangladesh gets arbitration centre for commercial disputes


April 10th, 2011 - 12:20 pm ICT by IANS
Dhaka, April 10 (IANS) Bangladesh has set up its first ever arbitration centre to settle commercial disputes.The Bangladesh International Arbitration Centre (BIAC) was opened here "with a promise to help ... Read more...

Posted in World |

Azure Power plans Rs.150 crore solar plant in Meghalaya


February 12th, 2011 - 9:16 pm ICT by IANS
Shillong, Feb 12 (IANS) American solar power producer Azure Power Saturday announced plans for setting up of a 10 megawatt plant at an investment of Rs.150 crore in Meghalaya - a power ... Read more...

Posted in Business |

Gujarat to have Asia’s largest solar power park


December 30th, 2010 - 7:52 pm ICT by IANS
Charanka (Patan), Dec 30 (IANS) Gujarat Chief Minister Narendra Modi Thursday laid the foundation stone of what is touted to become the largest solar power park in Asia.Modi said this would ... Read more...

Posted in Business |

Buddhist pilgrims of five ASEAN nations to get visa on arrival


December 12th, 2010 - 5:18 pm ICT by ANI
New Delhi, Dec.12 (ANI): The government has decided to extend visa on arrival facility to Buddhist pilgrims coming from five more ASEAN countries -- Cambodia, Philippines, Vietnam, Laos and Myanmar.The scheme ... Read more...

Posted in National |

Indian firm catches the eye of Harvard Business School


November 30th, 2010 - 12:35 pm ICT by IANS
By Arun Kumar Washington, Nov 30 (IANS) An award winning drip irrigation technology developed by an Indian company that has caught the attention of the Harvard Business School holds out hope for poor ... Read more...

Posted in Business |

India making it easier to do business: World Bank


November 4th, 2010 - 11:53 am ICT by IANS
By Arun Kumar Washington, Nov 4 (IANS) India is one of the 40 most-improved economies which made significant changes in business regulation at a steady pace over the last year to make it ... Read more...

Posted in Business |

World Bank helps Meghalaya set up hospital


November 2nd, 2010 - 5:36 pm ICT by IANS
New Delhi, Nov 2 (IANS) For addressing the shortage of medical staff and improving health services, the World Bank is supporting Meghalaya in India's northeast to establish its first public-private partnership for ... Read more...

Posted in Health |

IFC, Rajasthan government to set up housing finance firm


October 27th, 2010 - 9:40 pm ICT by IANS
New Delhi, Oct 27 (IANS) International Finance Corporation (IFC), an agency of the World Bank, said Wednesday it will set up a new housing finance company in collaboration with Rajasthan government and ... Read more...

Posted in Business |

Tourism ministry to promote India’s Buddhist circuit


October 27th, 2010 - 5:48 pm ICT by ANI
New Delhi, Oct. 27 (ANI): The Ministry of Tourism signed a Memorandum of Understanding (MoU) with the International Finance Corporation (IFC), an agency of the World Bank, on Wednesday here to improve ... Read more...

Posted in Feature |

Appollo plans to set up 50 new hospitals across India


September 28th, 2010 - 8:38 pm ICT by IANS
Kolkata, Sep 28 (IANS) Healthcare chain Apollo Hospitals is planning to set up 50 new hospitals in smaller towns across India in the next five years. "Our main thrust for the 50 hospitals ... Read more...

Posted in Business |

Gandhinagar solar power project gets IFC help


September 22nd, 2010 - 12:41 pm ICT by IANS
Washington, Sep 22 (IANS) The International Finance Corporation (IFC) is working on a public-private partnership deal with India's Gujarat state to design and structure a distributed rooftop solar power project in Gandhinagar. ... Read more...

Posted in Business |

IFC helping Gujarat with solar power project


September 21st, 2010 - 10:43 pm ICT by IANS
By Arun Kumar Washington, Sep 21 (IANS) The International Finance Corporation (IFC) is working on a public-private partnership deal with India's Gujarat state to design and structure a distributed rooftop solar power project ... Read more...

Posted in Business |

Rajasthan inks MoU with IFC to atttract private investment


September 3rd, 2010 - 6:38 pm ICT by IANS
Jaipur, Sep 3 (IANS) The Rajasthan government Friday signed a memorandum of understanding (MoU) with International Finance Corporation (IFC) to attract private investment, generate opportunities for small businesses and support job creation ... Read more...

Posted in Business |

UAE group to bring affordable healthcare to smaller Indian cities


July 1st, 2010 - 12:52 pm ICT by IANS
By Arun Kumar Washington, July 1 (IANS) A prominent woman-owned hospital group in the United Arab Emirates, begun by a woman who moved there from Nagpur, plans to bring affordable health care services ... Read more...

Posted in Business |

Chola DBS to raise Rs.100 cr offering fresh equity


April 5th, 2010 - 4:03 pm ICT by IANS
Chennai, April 5 (IANS) The Board of city-based non-banking finance company (NBFC) Cholamandalam DBS Finance Ltd (Chola DBS) is planning to raise Rs.100 crore from the International Finance Corporation (IFC) by issuing ... Read more...

Posted in Business |

Lafarge denies mining in Meghalaya despite court ban


March 20th, 2010 - 6:19 pm ICT by IANS
Shillong, March 20 (IANS) Lafarge Umiam Mining Private Limited (LUMPL), a subsidiary of French firm Lafarge, Saturday dismissed a civil society group's allegations that the company was ignoring the Supreme Court's stay ... Read more...

Posted in Business |

Pakistan finance minister resigns


February 23rd, 2010 - 6:38 pm ICT by IANS
Islamabad, Feb 23 (IANS) Pakistan Finance Minister Shaukat Tarin Tuesday said he was stepping down from his post to focus on his private business interests, media reports said. Pakistani stocks fell on the ... Read more...

Posted in Business |

Apex court stops French firm’s mining in Meghalaya (Lead)


February 5th, 2010 - 10:26 pm ICT by IANS
New Delhi, Feb 5 (IANS) The Supreme Court Friday ordered French firm Lafarge, involved in mining limestone in Meghalaya for its cement plants in Bangladesh, to stop its mining operations in the ... Read more...

Posted in Business |

Apex court stops French firm’s mining in Meghalaya


February 5th, 2010 - 9:03 pm ICT by IANS
New Delhi, Feb 5 (IANS) The Supreme Court Friday ordered French firm Lafarge, involved in mining limestone in Meghalaya for its cement plants in Bangladesh, to immediately stop its mining operations in ... Read more...

Posted in Business |

Apollo Hospitals to invest Rs.1,800 crore in two years


January 29th, 2010 - 11:47 pm ICT by IANS
New Delhi, Jan 29 (IANS) The Apollo Hospitals chain will invest Rs.1,800 crore to expand its base from a current 46 hospitals to 70 hospitals in two years. "We have now planned an ... Read more...

Posted in Business |

India could be Africa’s rail partner: World Bank


December 7th, 2009 - 6:46 pm ICT by IANS
London, Dec 7 (IANS) Indian Railways, one of the world's largest rail networks, could be expanded to develop transport infrastructure in Africa and other developing regions under an ambitious World Bank plan, ... Read more...

Posted in Business |

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