Friday, January 18, 2008

Fresh News

Hoffman's Indian Fine Art Fund, which would raise funds through both resident Indian, NRIs as well as global investors, would be a 5-year closed-ended offshore fund.

The Kerala health department has asked people to exercise caution following outbreak of bird flu in two districts of West Bengal.

A two-decade wait for the people of Kannur district in Kerala finally bore fruit when the Indian cabinet Thursday gave its nod for a new airport at Kannur.

Kerala Chief Minister VS Achuthanandan Saturday will lay the foundation stone of the Rs.40 billion ($1 billion) cyber city to be built here by the HDIL in Kalamasserry Kochi.

The Indian diaspora seems to be taking a long-term view on India, with NRI remittances touching a new high of US$ 10 billion during July-September 2007 quarter.

UK based Omana Gangadharan has become the first Indian to don the prestigious Civic Ambassador's chain and badge.

The Malaysian government is expected to sign an agreement with the Indian government for the development of a medical city in Kerala.
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