Tag: IFC

IFC, a member of the World Bank Group, and Indian Hotels Company (IHCL), has launched an open call for innovators worldwide to bring efficient, climate-smart, cost-effective cooling solutions to India’s hospitality sector. IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty ... Read more

Picture Courtesy: Economic Times Train 18, India’s much-awaited locally manufactured semi high-speed train, is expected to be launched in September, 2018. The train is built by Integral Coach Factory (ICF) of Chennai under PM’s Make in India programme. It is capable of running at a speed of 160 km per hour. The luxury train was earlier scheduled for roll-out in July. When asked about the reason for the delay, ICF Chennai General Manager Sudhanshu Mani said, “There is no delay. The train has been built in record time of 16 months while it takes 2 to 3 years to manufacture ... Read more