Textile fund to be provided by institutions
The union textile ministry is in the process of fine tuning the Rs 25,000-crore textile fund for the industry. Over the next five years, financial institutions will disburse this fund to various units to help modernise the industry.

Pharmaceutical sector braces up for shape of things to come
Indian pharma companies are one step closer to getting integrated with the global pharma market. The decision by the government to clear the decks for the introduction of the amended Patents Bill in the winter session should open a window of opportunities for Indian pharma companies.

Orissa relents, decks cleared for CEPA power project
Decks have been cleared for the $4 billion, 3,960mw CEPA power project in Orissa with the state government deciding to withdraw its long standing demand for a 15% free power share from the project.

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