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World Bank selects Jim Yong Kim as its next President

United States nominee Jim Yong Kim was on Monday chosen as the next president of the World Bank, an appointment that continues the longstanding tradition of an American leading the Washington-based......

Vayalar Ravi to be airlifted to Chennai

Overseas Indian Affairs Minister Vayalar Ravi, who met with an accident in Liberia, will be airlifted to Chennai for further treatment.Doctors at a private hospital in Cote d'Ivoire where Ravi was......

Sikh woman elected prez of multi-religious body

Amrit Kaur, a Sikh woman, has been elected as the president of the InterFaith Conference of Metropolitan Washington, an organisation which represents 11 world religions. Created in 1978, the......

Fortis Healthcare plans to raise $100 mn from IFC

Fortis Healthcare Ltd plans to raise around $100 million (Rs 540 crore now) from International Finance Corp, a member of the World Bank Group, through a combination of straight equity and foreign......

Bhilwara Energy to sell 10.8% stake to IFC

LNJ Bhilwara Group firm Bhilwara Energy said on Monday it would dilute nearly 11 per cent stake to two foreign investors for raising Rs 230 crore (Rs 2.3 billion) to part-fund the company's power......

IFC helping Japan bank finance power project

IFC, a member of the World Bank Group, is helping one of Japan's leading banks, Mizuho Corporate Bank, finance a project that would operate power transmission links between East, North-East and......

Citi, IFC to launch $1.25 bn funding tie-up

Citigroup and the International Finance Corporationwill be launching a funding tie-up worth $1.25 billion, aimed at boosting global trade flows, says a media report."Moves to unblock world trade......

IFC shareholder rebels against Raghav Bahl

A bitter shareholder battle over poor financial performance has broken out over The Indian Film Company, acquirers and distributors of such blockbusters as Jab We Met, Welcome, Singh is Kinng and......

'The adulation for Kamal Haasan is incredible'

Pooja Kumar's face was plastered all over Times Square in New York in 2002 when she appeared as a model in the posters promoting Andrew Lloyd Webber's Broadway show Bombay Dreams. In 2008, she......

PIX: Freida Pinto at the NY premiere of Trishna

Actress Freida Pinto, who stars in celebrated filmmaker Michael Winterbottom's 2011 film Trishna, arrived for the film's New York premiere at the IFC centre on July 10. Dressed in a white summer......

New releases: Desis lead the charge in America

Leap Year, You Might Want to Skip It This Year, declared a reviewer. Many others toowere dismissive of the romantic film directed by Anand Tucker, his first mainstream film. But the movie which is......

Bollywood Hero comes to New York

Neha Dhupia was spotted at the New York premiere of Bollywood Hero, a low budget television series that has gained a lot of buzz,  at the Rubin Museum of Art. She is a part of its cast.......

Meet Hollywood's Bollywood Hero

You cannot ignore the billboards for Bollywood Hero in any big American or Canadian city. The low budget television series has gained a lot of buzz, thanks to the huge success the Oscar winning......
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  People speak for ifc

  • QNA
Q. We must look at root cause of corruption in different spheres of activity and create solution to stop the corruption at that level. For example, World Bank IFC says the money spent helped development but not poverty -- according to them only development. Why? Around 30% of it enters directly in to hawala market to convert black money to white. That is when Smt. Indira Gandhi was PM she bluntly told World Bank you give only the money and no consultants. World Bank lends money to eradicate pollution but the law says polluter has to pay. - Please discuss
:  A. what is the root cause of corruption, e.g. say in a raja scam or kalmadi scam. please tell your opinion and then we can take the discussion further more

http://qna.rediff.com/questions-and-answers/we-must-look-at-root-cause-of-corruption-in-different-sphere//answers/19694578

  Web results for Ifc
Donors assure support

KATHMANDU: The finance minister has informed that foreign donor agencies are positive towards expanding their development assistance to Nepal post... ...

http://thehimalayantimes.com/rssReference.php?id=NDEyMjU3
World Bank President Sees $100 Billion Increase in Lending Ability to Help End Poverty

New Innovations in Finance, Increased Private Sector Support WASHINGTON, April 1, 2014— Group President Jim Yong Kim today announced a series... ...

http://www.pressreleasepoint.com/world-bank-president-sees-100-billion-increase-lending-ability-help-end-poverty
StarWind Software Secures $3.25M Series B Funding from Almaz Capital, ABRT Venture, AVentures Capital

PR.com 2014-04-19 Wakefield, MA, April 19, 2014 --( PR.com )-- StarWind Software Inc., a leading provider of software defined storage for... ...

http://www.bizwireexpress.com/showstoryPRcom.php?storyid=343598
Bihar Rural Livelihoods Promotion Society to Inaugurate the 2nd Bihar Innovation Forum in Patna

CommentsPATNA, India, /PRNewswire/ -- Bihar Rural Livelihoods Promotion Society (BRLPS) or JEEViKA, an independent society of Government of Bihar... ...

http://www.andhranews.net/Intl/Web/18-28.asp
Following equity infusion, AU Financiers to double loan book by FY17

After getting fresh capital infusion from top line Private Equity players like Warburg Pincus and IFC, Jaipur-based finance company AU Financiers... ...

http://www.business-standard.com/article/finance/following-equity-infusion-au-financiers-to-double-loan-book-by-fy17-114041800543_1.html

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