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Identity Project's List: Bloomberg
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Jul 02, 11
"Indian lenders such as ICICI Bank Ltd. (ICICIBC) and State Bank of India will be the first companies granted access to the largest personal identity program in history, a database of up to a billion people that promises to revolutionize business.
About 64 banks will open accounts in a few months based on details entered in the government’s burgeoning biometric data store, the project’s leader, billionaire entrepreneur Nandan Nilekani, 56, said. India initially aims to hand identification numbers to 600 million people by 2014, enabling access to financial services for those who don’t have birth certificates, utility bills or passports. " -
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assumptions of the so- called efficient market hypothesis, according to the report. That theory states that prices will rise or fall based on supply and demand, according to the UN.
Other Markets
“Contrary to the assumptions of the efficient market hypothesis, the majority of market participants do not base their trading decisions purely on the fundamentals of supply and demand,” the UN agency said. “They also consider aspects which are related to other markets or to port
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Mar 17, 11
"When writer William Dalrymple co- founded India’s Jaipur Literature Festival, he envisioned tweed- clad scholars parsing Nobel laureates’ works for students and bookworms. Now they’re doing it for executives and movie stars.
The festival, a six-hour drive from New Delhi, has become a magnet for chief executive officers, bankers, and Hollywood and Bollywood notables in its first four years. The fair starting today is expected to attract 50,000 people, according to the state tourism ministry, compared with 7,500 in its first year.
Bank of America Merrill Lynch, Goldman Sachs Group Inc. and the Rio Tinto Group are among the sponsors, and Nobel Prize winners J.M. Coetzee and Orhan Pamuk are among the authors participating in the world’s largest free literature festival. "
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