Business Weekly - Cambridge, UK

Business Weekly can also reveal that large Indian companies are preparing to open dialogue with VCs such as Amadeus Capital Partners in Cambridge as a route to AIM floats in London.

And in an exciting breakthrough, the East of England's universities have been given the inside track on a new market about to open up in India.

Britain's High Commissioner in Delhi, Sir Michael Arthur, has revealed that India's tertiary education market - currently closed to outsiders - will be liberalised in the next two years, handing Cambridge, Herts and Essex Unis, especially, a golden chance to sell services such as degree courses, distance learning and other JVs.

Dr Shai Vyakarnam, director of the Centre for Entrepreneurial Learning at Cambridge said: "As a rapidly developing economy, India is also becoming a new source of innovation, so it is a fantastic opportunity for us to provide educational services to inspire India's future business leaders.

"CfEL was instrumental in negotiating a three-year student exchange programme between the Judge Business School and the India Business School in Hyderabad and I look forward to being involved in many more such activities.

"As major foreign investors look to inject fresh capital into infrastructure projects in the region, Spanish-owned BAA Stansted is set to announce that it can deliver a second runway and ancillary facilities at close to £2bn - half the original government estimates for the project - and with less land-take.