Global Fashion Group has been on the lookout for a buyer of Jabong for the last few months. The company was in touch with Snapdeal as well as Future Group and Amazon, but a deal failed to pass through.
German Development Bank, Kreditanstalt für Wiederaufbau (KfW) is funding 85 million euro for the project. The German bank has inked an agreement with the Kochi Metro Rail Limited for the project worth 747 crore rupees.
The Solar Power Tree harnesses solar energy for producing electricity with an innovative vertical arrangement of solar cells. Therefore, it reduces the requirement of land as compared to conventional Solar Photovoltaic layout.
Sangita Kalanidhi is the first woman violinist to get the award in the history of the Music Academy. She will preside over the 90th annual conference of the Academy to be held between 15 December 2016 and 1 January 2017.