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Nagarjuna Construction says Dubai crisis will not affect it
Nagarjuna Construction has said the Dubai debt crisis will not affect the company as the projects it has undertaken there belong to government agencies.

NIIT Tech patners Hitachi for cloud computing
NIIT technologies has announced partnership with Hitachi Information Systems to offer cloud computing services. Cloud computing is an emerging mega trrend which is standardized IT capability delivered via the internet in a pay per use and self service manner. With cloud computing gaining impetus, both companies will be able to offer the complete portfolio of services around the cloud infrastructure to cater to the changing IT landscape.

News of the day

'Kyoto is in intensive care'
Business Standard / New Delhi January 15, 2010, 0:55 IST
Small Business

World Bank offers additional funds for SSA

With government’s flagship Sarva Siksha Abhiyan (SSA) scheme showing encouraging results in expansion of elementary education, the World Bank has come forward with an offer to provide additional funding of $ 500 million (Rs 2,325 cr approx) for the programme. - WB"s additional $500 mn funds for SSA - A clean, free-flowing Ganga by 2020: Government - World Bank approves NCRMP - Govt to spend Rs 15,000 cr for "a clean, free-flowing Ganga" - Rs 20,120-cr capex projected for upgrade of power units - Deepak Lal: Remembrance of things past">Deepak Lal: Remembrance of things past The World Bank has proposed the government to provide the money as soft loans to be paid over a period of 35 to 40 years with lesser interest. The World Bank had provided soft loan of $ 600 million (Rs 2,790 cr approx) for the scheme which aims at universalisation of elementary education. At present 99 per cent of the habitations in the country have got a primary school. Under the SSA, 270,000 schools have already been operationalised.


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