180 mn euro loan agreement for Kochi Metro tomorrow

The Credit Facility Agreement will be signed between the Centre and the French Development Agency for a 180 million euro long-term loan for Kochi Metro project in New Delhi tomorrow.
The agreement between AFD and KMRL consists of a Euro 180 million direct sovereign loans with a repayment period of 25 years including 5 years moratorium aimed to support KMRL to implement the first metro line in Kochi.
Work of the ambitious Kochi metro from Aluva to Petta has already started after being inaugurated by Prime Minister Manmohan Singh in 2012.
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C&W appoints PR Srinivas as director of hospitality services

Global property consultant Cushman & Wakefield has appointed P R Srinivas as the Director of hospitality services in India.

Srinivas has an experience of over 20 years in hospitality and tourism sector, C&W said in a statement.
In his previous stint, Srinivas led the tourism, hospitality and leisure vertical for Deloitte India.
At C&W, Srinivas will spear head the business growth strategy with key focus on managing and augmenting hospitality operations whilst enhancing the service delivery capabilities for its clients.
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ICICI Lombard GI launches 'i-Health Cashless OPD'
ICICI Lombard General Insurance today launched 'i-Health Cashless OPD', for providing cashless services to customers.

Customers availing of the offering will be provided an 'i-Health Card' that can be swiped at the OPD centre to avail of cashless OPD benefits on a real time basis, the company said in a press release.
"The OPD segment, despite comprising 60 per cent of healthcare expenses faces a dearth of relevant insurance offerings. ICICI Lombard's cashless OPD is best suited to meet customer needs towards payment of OPD expenses," Chief- Underwriting & Claims of ICICI Lombard, Sanjay Datta said.
The premium for this new product would start from Rs 120 per annum.
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Xerox-Manipal University Hospital tie up on healthcare tech

Xerox India and Xerox Research Centre India today announced a suite of healthcare research projects aimed at patients in India as well as other parts of thee world.
Researchers at Xerox Innovation Group (XIG) are collaborating with Manipal University Hospital to develop non-contact health sensing technology that can accurately obtain and track healthcare vitals such as heart rate, temperature and some respiratory functions.
A Xerox release said that it can also detect cardiac dysrhythmia (irregular heart beat) without any probes touching the patient. The innovation promises to change how medical professionals collect and use important health data.
Xerox foresees great hopes for how this technology can change the work of a therapist and how medical doctors practice medicine in the future, it said.