The amount New Development Bank (NDB, formerly known as Brics Development Bank) aims to lend for infrastructure projects in the coming year. Kamath who built India’s ICICI Bank, and was officially launched last year, has already approved loans totalling $900 million to green projects. The Securities and Exchange Board of India had earlier directed Essar Oil to match Rosneft’s price for delisting of shares. The number of international faculty members among IIT (Indian Institutes of Technology) Delhi’s 466-member-strong teaching staff. In contrast, of MIT’s (Massachusetts Institute of Technology), 2,982 faculty members, 1,679 are international, reflecting the school’s high standing in the rankings of top universities.

Source: Mint October 17, 2016 07:07 UTC