NFL had two branches in Kolkata and both of them downed their shutters in 2001.
The Government Girls' High School at West Marredpally in Secunderabad turned a new chapter six months ago when it became a part of the 50x15 global campaign, which intends to provide net access to 50 per cent of the unreached by 2015.
"Smart cards are a step towards financial inclusion. The idea is to inculcate banking habits among the poor," says Anita Ramachandra, director, rural development (self-help groups). The government is paying 2 per cent of the amount disbursed through smart cards to the banks to engage them in the initiative.
Castrol India is in the process of preparing new oil formulations to be used in engines that run on blended fuels. These formulations will be launched when the automobile sector rolls out vehicles to run exclusively on biofuels, according to Naveen Kshatriya, managing director, Castrol India. Globally, Castrol spends about $70 million a year on research and development (R&D), including about Rs 10 crore (Rs 100 million) in India, for country-specific projects.
In an effort to take technology to the grassroot level, IT major IBM India Private Limited is now working on a talking website at its India Research Laboratory. This will ensure that even the unlettered can create a website and access information from others for business transactions.
MSD Pharmaceuticals, the wholly owned Indian subsidiary of Merck, is awaiting approval from the Drug Controller General of India to launch a human papillomavirus vaccine to treat cervical cancer. The company has already conducted clinical trials.
ISB Hyderabad leads the way with 80% students switching fields.
Delhi and Mumbai may have made hasty temporary arrangements for the mammoth two-decker Airbus A380s to land exhibition flights earlier this year. But it is Hyderabad that will have south Asia's first A380-compatible airport, which begins commercial operations on March 16, 2008.
Hyderabad-based pharma company Aurobindo Pharma, which has plans to emerge as a billion dollar company by 2009-10, is enhancing its presence in Europe by investing $100 million in phases. The company is likely to buy two pharma companies worth Euro 10 million each, open offices in 10 countries and establish a packaging, warehouse and manufacturing hub in Malta.
More than 416,000 children under the age of 18, of whom almost 225,000 are younger than 14, are involved in child labour in India's cottonseed production. Most of them are girls.
US-based financial services major Wells Fargo, which has set up an information technology and business process outsourcing facility in Hyderabad, is looking at locating back office processes, other than call centres, in India.