World Bank Approves $50.7 million For Tamil Nadu

The World Bank has approved a $50.7 million loan to India for improving quality and sustainability of the road network in Tamil Nadu. Through this, 1,380 km of roads are expected to be improved and another 720 km upgraded to two lanes in the state's core network.

Mercedes Benz To Launch Its ‘A Class’ Car In India

The name known for luxury cars, Mercedes Benz is planning to launch its A Class car in India in a couple of years. The auto analyst and experts believes that Mercedes Benz ‘A’ Class will be priced between Rs. 16-20 lakh in India. But, the company has not yet confirmed the reports.

High quality organic food made in Poland

Polish organic food keeps to high standards, shows a report by the Supreme Auditing Chamber. Between 1 July 2005 and 30 June 2009, the Chamber checked the quality of organic food produced by Polish eco-farms. Out of 712 food samples only 4, or 0.6 percent, did not meet standards.

Ten new destinations from Krakow this summer

Krakow Airport will be serving up to ten more destinations in a bid to get more Poles flying over the holiday season. Many of the new routes will be operated by cheap-flight operator Ryanair, Europe’s biggest low-cost airline. The new timetable comes into effect over the weekend.

Rupee Hits New High In 18 Months On Dollar's Weakness

Indian rupee has strengthened itself by rising to a new high in 18 months as dollar weakens against major currencies and mild gains in share markets. In the early trade on Monday, the partially convertible rupee was at 45.10/11 per dollar, which was its strongest value since Sept. 2008. In the mean time, the figure was above the figure of 45.23/24 on the close of the session on Friday.

Goldman Sachs to open in Warsaw

Goldman Sachs, one of the largest investment banks in the United States, has announced plans to open its first branch in Poland. The bank applied yesterday for authorization with the British Financial Services Authority (FSA) to open a branch of Goldman Sachs International in Warsaw.

Intel Capital Invests $23 Million In 3 Indian Technology Firms

Computer chip maker Intel's investment arm, Intel Capital has invested $23 million (Rs.115 crore) in three technology firms including July Systems, KLG Systel and MCX to promote innovation in India.

GM E-Spark Coming To India Soon

GM E-Spark is the latest electric car that is to be introduced in India after Civic Hybrid and Toyota Prius models. The trend of small car segment is growing. Gaurav Gupta, GM Motors' Marketing Director said, "We are set to launch our electric car, E-Spark, by the end of this year in India."