INSIDE THIS ISSUE
   
   
   
  01 MAIN
   
   
  02 TRADE & ECONOMY
   
   
  03 INVESTMENT UPDATE
   
   
  04 NEWSMAKERS
   
   
  05 INFOTECH
   
   
  06 CULTURE
   
   
  07 TRAVEL
   
   
  08 CALENDAR
   

   
  HIGHLIGHTS
   
 

Australia participates in ‘Global Steel 2006’
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  Yoga Ayurveda
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  Jammu and Kashmir
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  04. NEWSMAKERS
   
 
 
     
  India Presents glimpses of 19th Commonwealth Games  
     
 
  India showcase at the closing ceremony of the 18th Commonwealth Games held in Australia enthralled the audience. The segment was kickstarted with the sounds of shankhs(conchs). This was followed by a presentation on giant video screens at the Melbourne Cricket Ground(MCG) Stadium in Melbourne which was packed to capacity.

The video presentation brought with it glimpses of modern India and bringing to the world new and young India that is emerging. Yoga inspired dance performed by dancer Isha Sharwani culminated in a formation of a rose and revealed which opened to Miss World Aishwarya Rai (1994) emerging from it.

A Banghra sequence featuring Saif Ali Khan and Rani Mukherjee with a large troop of dancers had a very overwhelming response from the audience. At the grand finale the theme song for Delhi 2010 was performed by India's finest singers like Sonu Nigam, Sunidhi Chauhan, Shreya Ghoshal and Shiamak Davar.

The 2010 Delhi Games mascot, Shera the Friendly Tiger was accompanied by Miss Universe 2000 Lara Dutta and Miss World 2000 Priyanka Chopra.
 
     
   
  India - Australian exchange in Education
The Technology Development Centre (TDC) of India has announced an alliance with the University of Western Sydney, Australia, to bring synergies between industry and academia through research placements for Indian engineering graduates. Addressing a press conference, the Chairman of Technology Development Centre (TDC), Dr M.V. Ramana Rao, said the TDC has partnered with about 12 engineering colleges. Students of these colleges would get a chance to work on research projects, which would come through this alliance.
   
 
           
  Scholarships for diaspora students

The ministry of overseas Indian affairs (MOIA) is introducing scholarships for diaspora children to study in higher technical and non-technical institutes in India in the academic session 2006-07.
The scholarship programme was open to 100 students from a list of select countries. Educational Consultants Indian Ltd. (Ed.CIL) will act as the nodal agency. The programme is open to students from Bahrain, Fiji, Guyana, Hong Kong, Indonesia, Jamaica, Kenya, Kuwait, Malaysia, Myanmar, Oman, Qatar, Reunion Island, Saudi Arabia,
  Singapore, South Africa, Surinam, Tanzania, Thailand, Trinidad and Tobago, the United Arab Emirates and Yemen. The scholarships will be offered in only those institutes with which Ed.CIL has a memorandum of understanding.
The official said a budget of Rs.1 crore (Rs.10 million) had been earmarked in the first year for the programme. The number of scholarships will be increased annually till it reaches 350. The scholarships will be applicable for professional and general courses(except medical and other related courses). Applicants will have to pay processing charges to Ed.Cil - $200 per student for non-technical courses (humanities
  streams) and $350 per student for technical courses (which includes engineering, management and hospitality). The applicants should be from the age group of 17-21 years and should have passed senior secondary (10+2) or equivalent from any educational system recognised by the Association of Indian Universities with the requisite subjects.
They should have secured at least 60 percent aggregate marks or 6.75 cumulative grade point average (CGPA) on a scale of 10. Selection will be based on a common written examination to be held April 30, the venues and timings of which will be announced by the Indian missions in the respective countries.
 
             
           
  AT Kearney ranks India as top destination for retailers
A T Kearney's Global Retail Development Index (GRDI), which ranks 30 emerging countries based on a set of 25 variables including economic and political risk, retail market attractiveness and retail saturation levels, has retained India's position at the top. The report said that the Indian Government had beententative in its moves to open up
  the retail sector to Foreign Direct Investment (FDI).

TCS wins Frost & Sullivan award
Tata Consultancy Services was selected as the recipient of the 2006 Frost & Sullivan Company of the Year Award in the information technology services space for the manufacturing industry. Each year Frost & Sullivan presents this award to a company that has demonstrated
 

excellence in all operations. The award is based on numerous factors including the company's business development, competitive strategy and leadership within a particular Frost & Sullivan Industry Research Group. This company is perceived to exhibit outstanding management, consistent growth and positive economic impact on customer.



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