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News

STL receives ‘Zero Waste to Landfill’ certification for all its manufacturing facilities in India and Italy

STL, one of the industry’s leading integrators of digital networks, announced Zero Waste to Landfill (ZWL) for all its optical fibre and cable facilities across India and Italy. Earlier in 2020, STL became the world’s first optical fibre and cable manufacturer to attain the ZWL certificate for its Indian plants in Maharashtra, India. Since then, the company […]

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Executive Movements

World Bank Appoints New Regional Director for Central Asia

The World Bank announced the appointment of Tatiana Proskuryakova as the World Bank’s new Regional Director for Central Asia. Based in Almaty, Kazakhstan, Proskuryakova will oversee a dynamic portfolio comprising over 80 projects totaling over $10 billion. The Central Asia program is one of the World Bank’s biggest portfolios in terms of the number of projects and […]

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News

World Bank approves $500 mn program to protect India’s informal sector workers

The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks.   Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion Accelerating India’s COVID-19 Social Protection Response […]

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Investment

World Bank approves $500 mn program to strengthen performance of MSMEs in India

The World Bank’s Board of Executive Directors today approved a $500 million program to support the Government of India’s nationwide initiative to revitalize the MSME sector, which has been heavily impacted by the COVID-19 crisis. The program targets improvements in the performance of 555,000 MSMEs and is expected to mobilize financing of $15.5 billion, as part of the […]