BIO GAS UNIT FOR Rs.100 /-

A 67 year old diamond merchant Mr.Ahamed Buhari who has an office in Hong Kong but who now lives in Keelakarai,Tamilnadu has developed a bio-gas unit that can produce 30 KV of power per day,that too, at a meagre amount of Rs.100/-

For Mr.Buhari,the cow dung balls are as priceless as his diamond
stones.He buys 10 loads of cow dung for Rs.10,000/- a month and provides uninterrupted power supply for seven hours to a dairy company.

Source: Deccan Chronicle.

WORLD TRADE CENTRE IN BANGALORE

Brigade group,one of the leading developers in Bangalore, has obtained the license from the World Trade centers association to classify and manage their i million sq.ft office tower in their prestigeous mixed use project Brigade Gateway as World Trade Center, Bangalore. This marks the company's entry into the league of select World Trade Centers across the globe.

"The new world Trade Center ,Bangalore is a world class business destination and it is quickly becoming a symbol of international trade for the greater Bangalore region" says Mr.Robert J Frueh,Director of Member services,World Trade Centers Association.

There are over 300 world trade Centers in nearly 100 countries all focussed on growing their economies in the International Marketplace.

MAKE MY TRIP LTD.LISTED ON NASDAQ

Make My Trip Limited,is now listed on Nasdaq.

INFRASTRUCTURE DEVELOPMENT-PPP MODE

The confederation of Indian Industry (CII)is organising Two day event on 12th and 13th August,2010,called as SUM INFRA-Summit on Sustainable PPP's in infrastructure-8th edition in Hotel Le Meridien,Bangalore.

Public Private partnerships(PPP's) have made their mark in some form or the other across all core and social infrastructure sectors,and are being seriously considered as the vehicle for swift ugradation of Indian Infrastructure. Over 450 projects with an aggregate investment of Rs.2,24,175 crores have been executed on PPP(in operation/under construction/under bidding) in the last 11 years (source: www.pppinindia.com).The various sectors where the investment has gone under PPP mode are:
1.Roads:271 projects,2.Urban development: 73 projects,3.Ports:43 projects.Tourism; 29 projects,Energy:24 projects,Airports:5 projects,railways;4 projects,and Education;1 project.It can be observed that 90% of the investment has gone into the economic infrastructure sectors like roads,ports,airports,and energy.

The investment target for the XII Five Year plan for India's infrastructure development has been set at $ 1 Trillion,which is double that of the XI Plan.India's record is poor on investment to sectors like health,education,urban and rural infrastructure.

LIBAS FASHION DESIGNING

Libas label specialises in contemporary and ethnic Indian designs in both men's and women's wear.They also specialises in all types of bridal wear. lIBAS HAS FIVE SHOW ROOMS IN MUMBAI AT JUHU,PEDDER ROAD,PHOENIX,MULUND AND ANDHERI WEST.Their website is www.libasfashion.com

LIBAS exclusive Fashion Show for 'EVENING AND COCKTAIL WEAR'by designer Riyaz Gangji was held on 8th august,2010 at the Hotel Lalit Ashok .

Riyaz had undergone training under the well known American designer in Hong Kong and learnt the art of creating impeccable garments,especially business suits,semi formal outfits and other such attire.

KENWOOD UK FORAYS INTO INDIA

UK's leading kitchen appliance brand forays into India
with wide range of kitchen appliances . The company is known for production of high performance,easy to use and well designed machines.

Kenwood is a leading brand across Europe. In UK their market share is 43%,inWestern Europe it is 16%, and in Middle East it is 27%.

Mr.Mark Broad,Commercial Director,Kenwood UK said,we at Kenwood are extremely delighted to enter the Indian Market with innovative products that exemplify what kenwood appliances stand for-helping our consumers in their everyday lives by addressing common issues and offer best quality products in the category".

NTT DATA GROUP ACQUIRES 79.7% EQUITY STAKE IN FIRSTAPEX

NTT DATA Group acquired 79.7% equity interest in First Apex, a leading SEI CMM Level 4 certified provider of enterprise wide IT solutions and services dedicated solely to the Insurance Industry.First Apex with Head Quarters in Bengaluru,will add specialised domain expertise and product development capabilities to the service delivery expertise of NTT DATA Group.

The Asian Insurance Industry is on accelarated path in the past three years and hence the need for the state of the art technology and innovative products to support new business across life,non life,reinsurance and group life domains.

NTT DATA,a listed corporation with revenues of $12.3 billion with net income of $522 million with 32,000 employee strength is a part of NTT DATA group one of the 50 largest companies in the world and among the largest SAP implementers.

Mr.Minoru Suzuki,NTT DATA said,"FirstApex uses its strong insurance domain expertise built over three decades and leverage state of the art technologies dedicated to the insurance industry to deliver world class solutions to its customers.'

Mr.Suresh Prabhu ,Chairman,FirstApex said,' the support of NTT DATA Group will help in expanding the global customer base and enhance further product development and implementation know-how with its well established and tested methodologies built up through their successful history in the IT industry".

VIJAYA BANK Q 1 RESULTS

VIJAYA BANK Q1 NET PROFIT UP 21%.

Operating profit up by 49.81%.
Net profit up by 21%.
Net interest Income grew at 47.88%.
Net interest margin (NIM) at 2.90% Vs 2.33% a year ago up by 57bps.
Total Business at Rs.1,04,621 crores,comprising Rs.62,673 crores as deposits and Rs.41,948 crores as advances.
Capital adequacy ratio (Basel II) at 14.74 %
Gross NPA down from 2.94% to 2.32%.
Net NPA down from 1.58% to 1.35%.

Addressing the Media, Mr.Albert Tauro,CMD of the Bank said," Our core earnings continue to show improvement notwithstanding a somewhat slackened pace of business in the first quarter".

INSTITUTION OF ENGINEERING & TECHNOLOGY

IET is one of the world's leading Professional societies for the engineering and Technology communities.They operate in 27 countries including India with 1,50,000 members spread over North America,Europe and Asia Pacific.The IET provides global knowledge network to facilitate the exchange of ideas and promote the positive role of science,engineering and technology in the world.

The IET has world class collection of digital and printed resources on all areas of engineering & Technology containing 65,000 printed books and 3500 print journals which can be accessed by the members.

IET had a networking dinner yesterday in Bangalore.
Mr.Mike Morrisey,-Head of International operations of IET based in UK briefed about the activities of IET globally.

Mr.Sekhar Sanyal,Country Head,India briefed about the different types of membership and the advantages the members derive out of the membership.

VIJAYA BANK PAYS DIVIDEND OF Rs. 89.63 CRORES TO GOVERNMENT OF INDIA.

Bangalore based public Sector Bank Vijaya Bank, declared dividend of 25% and
paid Rs.89.63 crores to Government of India who owns 53.87% of the total equity shares of the bank.

Mr.Albert Tauro,CMD of the bank handed over the cheque to the Finance Minister Mr.Pranab Mukherjee in Delhi recently.

BOSCH POWER TOOLS LAUNCHES NEW RANGE OF LAWN & GARDEN TOOLS IN INDIA.

Bosch is offering a wide range of lawn and garden tools in India to make gardening a happy and enjoyable experience.

Howards Storage world (HSW) ,a speciality retailer of storage,space saving and organisational products for the Home and office showcases their customised,flexible and expandable Elfa Storage range.Elfa
is designed for converting a messy space into an organised oasis. HSW also launched a range of eco friendly products designed
of eco friendly durable products designed specially to suit the
Indian climatic conditions.HSW's innovative products and clever solutions are designed to declutter your home.It can be configured easily in any nook and corner of the room without screws and drilling.

Howards has 85 stores worldwide,of which 64 are in Australia and
the rest 21 are in 11 countries.They will be opening a store in Oslo-Norway next March.