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  • Microsoft Launches Educational PC In India

    Microsoft has teamed up with Advanced Micro Devices and India?s Zenith Computers to launch a personal computer aimed at Indian students for 21,000 rupees ($513). The IQ PC will run on AMD Athlon processors and have education software from both Microsoft (nasdaq: MSFT - ...

    Source
    Forbes (link opens in a new window)
    Region
    Asia Pacific
  • Big Boom Coming Soon in India’s Small Car Segment

    Even as competition has built up to unprecedented levels in the car market, one segment has remained untouched - that of entry-level small cars. But that’s all set to change from next year, with a slew of cars priced around Rs 1 lakh revving to get off the blocks. Urban planners might be appalled at what this could mean for traffic congestion and parking, but companies - and consumers - are raring to go. The first launch will be that of Tata Motors’ much-talked-about Rs 1 la...

    Source
    The Times of India (link opens in a new window)
    Region
    Asia Pacific
  • Global fin giants to go micro in India

    India?s growing microfinance segment may soon see the entry of global financial services giant, Morgan Stanley and the Switzerland-based Blue Orchard Finance. Both these firms are in talks with the banking regulator Reserve Bank of India to foray into the local microfinance segment. Indian microfinance institutions have already started looking at diversifying their avenues to raise funds as part of the effort to lo...

    Source
    The Economic Times (link opens in a new window)
    Region
    Asia Pacific
  • PM approves strategy to expand microfinance outreach to 3 mln households

    Prime Minister Shaukat Aziz has approved the strategy to expand microfinance outreach from one million to three million households by 2010. He was chairing a meeting here Wednesday to review the strategy prepared by State Bank of Pakistan (SBP) to increase the coverage of microfinance sector in Pakistan. The Prime Minister said Pakistan has come a long way in introducing and familiarizing the micro finance concept. However, strategic steps need to be taken and multiple approaches ...

    Source
    Associated Press of Pakistan (link opens in a new window)
    Region
    Asia Pacific
  • India, Inc. gets back to the basics

    Salvation in a sachet is passe now. Rural India will no longer be the playing ground of the FMCG bigwigs alone. In fact, many sectors such as telecom, IT, retail and education are at various stages of striking a deal with the aam aadmi. According to a recent Assocham report, the per capita income of semi-urban Indians is around Rs 15,000 per annum, whereas it?s Rs 7,000 per annum for rural populace. As per its findings, by 2012, the per capita income of rural population will do...

    Source
    The Economic Times (link opens in a new window)
    Region
    Asia Pacific
  • Reliance, Bharti may storm microfinance

    Reliance Retail and Bharti, which has joined hands with Wal-Mart, could storm the micro-credit space as they look to establish rural supply chain linkages to service their mega retail forays. According to sources, Reliance Retail is likely to move the RBI seeking permission to set up an NBFC arm that will operate as a microfinance institution (MFI). It may also look at partnering existing MFIs as part of its ambitious supply chain with rural and semi-urban markets for which the co...

    Source
    The Economic Times (link opens in a new window)
    Region
    Asia Pacific
  • Now that China eased market entry policies for banking institutions in rural China last month, seven commercial banks have applied to set up a subsidiary in rural areas. On Dec. 22, 2006, the China Banking Regulatory Commission (CBRC) published proposals to give financial institutions more market access in rural areas. The move was aimed to promote rural development. The CBRC has received applications from Minsheng Bank, Beijing Rural Commercial Bank, Tianjin Rural Cooperat...

    Source
    Xinhua (link opens in a new window)
    Region
    Asia Pacific
  • China’s development ’experiment’ key to future growth

    Maintaining a balance between environmental sustainability and the continuing process of urbanisation is a major issue facing the Chinese, write the researchers. Although much of China’s biodiversity is being threatened by rapid economic development and human activities, Tang Zhiyao and colleagues report the existence of ten biodiversity ’hotspots’ in mountain ranges that remain largely unaffected. Protecting these mountainous areas is critical for cons...

    Source
    World Business Council for Sustainable Development (link opens in a new window)
    Region
    Asia Pacific