India's first-ever SAI National Centre of Excellence to train athletes in mountain terrain biking and bicycle motocross will be set up in Shimla by the Sports Ministry in collaboration with the Youth Services and Sports department of the government of Himachal Pradesh.
Axis Bank has signed an MoU with IPE Global for strengthening India's healthcare infrastructure by providing affordable finance of up to USD 150 million (about Rs 1,140 crore) through SAMRIDH.
SAMRIDH is supported by United States Agency for International Development (USAID) and Indian Institute of Technology-Delhi (IIT-D). SAMRIDH stands for Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare.