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| Today's News |
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February 03, 2012
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NABARD incentivises banks to boost investment in warehousing
New Delhi: National Bank for Agriculture and Rural Development (NABARD) has introduced a new refinance product for warehousing. The refinance scheme incentivises banks to accelerate the pace of creation of quality warehousing facilities for agricultural commodities. The scheme will help in creation of around 9 million tonne (MT) of additional storage capacity in the country. |
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RIL signs $400m loan deal with SACE
Mumbai: Reliance Industries Ltd (RIL) has approached the international markets, to raise funds for its ambitious US$ 11 billion mega petrochemicals project (J-3) in Jamnagar. RIL officials were in Rome to sign an agreement for US$ 400 million loan facility from Italian insurer and finance group SACE Spa. |
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Bertelsmann sets up India Corporate Centre
New Delhi: The US$ 16 billion media giant Bertelsmann has opened its India Corporate Centre in Delhi. Through this, it will identify investment opportunities and build new businesses here. Education and digital media are two key areas the company has identified in India. |
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Amazon flows into India via Junglee route
Mumbai: Amazon.com on February 2, 2012, flowed into India by launching a website called Junglee.com. It is being positioned as an online shopping service that will help customers discover products from other websites (including Amazon.com). When users select or choose to buy a product from Junglee.com, they would be redirected to the seller's website. |
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Jonty Rhodes to promote South African tourism in India as brand ambassador
Chennai: Former South African cricketer Jonty Rhodes, has volunteered to promote South African tourism in India as a brand ambassador. India is one of the most 'vibrant' markets to attract tourists to the Rainbow Nation, according to Hanneli Slabber, Country Head, South African Tourism. |
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