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Tag Archives: billion

RCom get $266 mn loan from Chinese Bank

RCom get $266 mn loan from Chinese Bank

Anil Ambani group firm Reliance Communications on Friday said it has drawn the third and final tranche of Rs 1,200 crore ($ 266 million) from the Rs 8,700 crore ($… Read more »

Bharti to invest $1 bn in Africa

Bharti to invest $1 bn in Africa

Consolidating its operations in Africa, Bharti Airtel will invest $1 billion (about Rs 4,500 crore) in the continent to expand its network throughout 16 countries. “We have already invested $11… Read more »

India-Africa bilateral trade to touch $ 70 bn by 2015

India-Africa bilateral trade to touch $ 70 bn by 2015

The Union Minister for Commerce & Industry, Anand Sharma has expressed hope that the ongoing ‘India Show’ will be a unique opportunity for the African businesses to deepen and strengthen… Read more »

Wealth-X pegs 8,200 UHNW Indians net worth $ 945 bn

Wealth-X pegs 8,200 UHNW Indians net worth $ 945 bn

Wealth-X, the world’s leading wealth intelligence firm, today announced the release of its latest Intelligence Briefing, which offers the most in-depth and actionable compilation of insight ever created on the… Read more »

ArcelorMittal signs a $6 bn 5 year revolving credit facility

ArcelorMittal signs a $6 bn 5 year revolving credit facility

ArcelorMittal signed a $ 6 billion 5 year Revolving Credit Facility (the “Facility”) on 18 March 2011, the company said in the release. The Facility will replace the € 5… Read more »

SAS issues unsecured bonds

SAS issues unsecured bonds

SAS (Scandinavian Airlines System Denmark -Norway- Sweden) has issued two senior unsecured bonds, one of MSEK 1300 and one of MEUR 75 for a 3.25 years term, maturing in June… Read more »

Exports to UK grow by 10.88 pc

Exports to UK grow by 10.88 pc

Anand Sharma, Union Minister for Commerce & Industry, in a bilateral meeting with Lord Green, UK Minister of State for Trade and Investment here today, expressed optimism over the growing… Read more »

Exports up 49 pc to $ 23.6 bn in Feb: Commerce Secretary

Exports up 49 pc to $ 23.6 bn in Feb: Commerce Secretary

India’s exports have registered a growth of 49.8% during February 2011, at US $ 23.6 billion. Interacting with the media persons here today, Rahul Khullar, Commerce Secretary, informed that during… Read more »

India to sign CEPA with ASEAN nations by year end

India to sign CEPA with ASEAN nations by year end

Speaking on the occasion, Anand Sharma, Commerce & Industry Minister said that by the end of this year Comprehensive Economic Partnership Agreement between India and ASEAN will be in place…. Read more »

BP to invest $19 bn in North Sea

BP to invest $19 bn in North Sea

British energy company BP said it was offloading some assets to focus more on development projects under way in the North Sea. BP said it wanted to sell some of… Read more »

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