Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

CII inks MoU for water management

Jan 10 2013, 03:04 IST
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SummaryThe CoE will be anchored by CII-Triveni Water Institute which is the industry partner in this project.

The Confederation of Indian Industry (CII) Wednesday signed two memoranda of understanding (MoUs) with the state government to set up a centre of excellence (CoE) on water and to co-sponsor 50 research fellowships for students from Gujarat annually for four years.

The CoE will be anchored by CII-Triveni Water Institute which is the industry partner in this project. “The proposed CoE would provide necessary framework for addressing water-related issues by adopting a holistic approach towards water management involving all stakehholders (municipality, industry, domestic and agriculture),” said Anjan Das, Executive Director, Technology, CII.

Under the other MoU, the CII will co-sponsor 50 scholars every year in a bid to foster research. “We plan to award around Rs 5 lakh to each scholar for research. And in four years’ time, there will be 200 research scholars emerging in different sectors from Gujarat,” he added.

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