Ujjivan Microfinance raises Rs. 128 Cr ($25M) in 5th round of equity funding
Bangalore-based Ujjivan Financial Services, one of India’s major microfinance institutions, has raised Rs 127.9 Crore ($25.5 Million) in its fifth round of equity funding, with two new Foreign Institutional Investors participating in it. Investors who participated in the fifth round of funding include Lok Capital: Rs.100 Million,…
India is free from Bird Flu: Ministry
India has declared itself free from bird flu (H5N1) as of Dec. 29, 2011 though it said the surveillance will continue, in the vulnerable areas bordering the infected countries and in areas visited by migratory birds. Department of Animal Husbandry, Dairying and Fisheries in the Ministry of…
3.15 lakh jobs created in 12th Quarter: India Labour Ministry Survey
The Ministry of Labour and Employment has released the twelfth quarterly survey on the effect of global financial crisis and economic slowdown in India since September 2008. The current survey conducted by the Labour Bureau covers the period July to September, 2011. In the twelfth quick employment…
New paradigm shift in India’s welfare programmes
The government will focus on welfare measures in a broader perspective than before, said a statement from the Ministry of Women and Child Development. The paradigm shift in its approach to social sector issues, which were earlier only welfare oriented, will now look at holistic empowerment, especially…
Challenge is to come up with smart internet regulations: Harvard expert
BOSTON: Ben Edelman is one of the world’ best-known experts on internet infrastructure and search engines. The Harvard Business School professor…
NASA Kepler mission finds 11 Planetary Systems with 26 Planets
NASA’s Kepler mission has discovered 11 new planetary systems hosting 26 confirmed planets, nearly double the number of verified planets and…
Newt Gingrich: A new hope for moon watchers around the world
With Herman Cain backing him, Newt Gingrich emerges strong in US presidential race as businessman Herman Cain, who dropped out in…
Obama’s State of the Union Address 2012: A Curtain Raiser
U.S. President Barack Obama will deliver his annual State of the Union speech on Tuesday, Jan. 24, 2012, listing out his…
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