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DCB to raise up to Rs 100 cr via QIP issue
Development Credit Bank (DCB) today said it will raise funds up to Rs 100 crore by way of private placement of shares with potential buyers.

Prices may fall to $70: NMDC
Cash iron ore prices may fall to about $70 a tonne in the “near term” as China, the world’s biggest buyer, cuts purchases, said Rana Som, chairman of NMDC, India’s top producer of the steel making material.

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Honda aims 20% growth in sales next fiscal
Honda Motorcycle and Scooter India (HMSI), a wholly-owned subsidiary of Japan-based Honda Motor Co, today said it targets sales of 15 lakh units in the next fiscal, a growth rate of 20 per cent over 2009-10.
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Usha Martin Edu to provide quality edu in non-metro towns, cities

Usha Martin Education and Solutions has forayed into providing standardized end to end solutions and school management services to enable the creation of a national network of high quality english medium K-12 schools with a focus on non-metro towns and cities of India. - Ten US varsities tie up with IDP - Manipal Acunova raises Rs 30 cr from OrbiMed - UP launches IT education under PPP mode - CHD Developers" looks to expand education arm - Ten US varsities tie up with IDP to lure Indian students to US - Sibal for making secondary education a right of every child By March 2010, Usha Martin plans to enable at least 15 select schools from West Bengal, Jharkhand and Bihar with its end to end solutions and school management services. It is targeting 200 schools within its network in next 7 years. Pearson, the global education and media company will partner with Usha Martin as the primary service provider for instructional support including curriculum and content. To achieve quality, key features of Usha Martin education delivery model include child centric learning through acclaimed and effective pedagogic methods, researched curriculum, standardized lesson plan based teaching, ICT enabled classrooms, continuous in service teacher training and strict process driven quality control mechanisms.


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