After getting FPI 'Visa' for D-Street, Russians move to open GIFT shopsJust a few months after half a dozen Russian institutions were permitted by the Indian capital market regulator to trade as foreign portfol...
04 Dec, 2023, 06.01 AM IST
Sentro Group acquires bank in Russia, eyes rupee-ruble trade"We wish to partner with Indian banks and other financial institutions for mutual Nostro/Vostro accounts, and the bank wants to expand its ...
05 Oct, 2023, 10.31 PM IST
Russian banks plan FPI arms to invest private wealth in IndiaRussian banks, including VTB, Sberbank, and Gazprombank, are considering becoming foreign portfolio investors (FPIs) to trade on Indian sto...
02 Oct, 2023, 07.41 AM IST
3 Russian investors register with Sebi to enter FPI listTwo Russian institutional entities and an individual, all based in Moscow, appear in the list of registered foreign portfolio investors (FP...
08 May, 2023, 05.43 AM IST
UAE cancels licence for Russia's sanctioned MTS bankLarge numbers of Russians have sought a safe haven in the UAE since the Ukraine conflict began. U.S. officials have visited the UAE to disc...
31 Mar, 2023, 02.34 PM IST
Petersburg Social Commercial Bank may be a focal point of India-Russia rupee tradeReplacement of European companies in the Russian market by Indian companies is increasing, Vladimir L Pribytkin, the bank’s founder and cha...
13 Jul, 2022, 08.43 PM IST
Russian parliament approves tax break for issuers of digital assetsRussia has long voiced scepticism of cryptocurrencies and other digital assets, with the central bank citing concerns over financial stabil...
28 Jun, 2022, 06.23 PM IST
Russia makes early debt payment dash in bid to swerve defaultRussia has faced the prospect of sovereign default since Western capitals imposed sweeping sanctions in the wake of its invasion of Ukraine...
20 May, 2022, 11.05 PM IST
PM Johnson unveils UK's largest-ever sanctions against RussiaThe sanctions include freezing the assets of all major Russian banks, including VTB Bank, the nation's second-biggest bank, Johnson said Th...
24 Feb, 2022, 11.56 PM IST
Mukesh Ambani-promoted Reliance Jio gets DoT nod for Universal Telecom LicenceReliance Jio’s application for unified licence and asked the company to deposit Rs 1,673 crore as entry fee, according to documents reviewe...
11 Oct, 2013, 04.04 AM IST
Quashed mobile permits: Sistema sets deadline for governmentRussian conglomerate Sistema warned that failure to resolve the issue would hit diplomatic ties between the countries.
10 Dec, 2012, 04.00 AM IST
DoT to support Sistema curative petition in Supreme CourtThe telecom department (DoT) has told Russian conglomerate Sistema that it will support its curative petition once it is admitted in Suprem...
29 Oct, 2012, 07.50 PM IST
- Sistema softens stand, calls for conciliation to resolve disputes
Sistema, which had threatened India with international arbitration proceedings, has now offered to resolve the dispute through conciliation.
05 Apr, 2012, 04.55 AM IST
- Sistema to invoke the signed BIT against SC's decision to cancel its 21 telecom permits
Russian conglomerate Sistema has threatened India with international arbitration proceedings if the government fails to resolve the fallout...
29 Feb, 2012, 04.41 PM IST
- SSTL to complete 20% stake sale to Russian Govt by Q1 in 2011
Sistema-Shyam JV was one of the 9 new telecom operators who were given licences in 2008. It is a JV between India's Shyam Group and Russian...
20 Dec, 2010, 01.14 PM IST
- Russia's Silvinit gets $1.5 bn loan for potash mine
Russian potash miner Silvinit has secured a $1.5 billion, three-year loan from VTB Bank that will allow it to pay for a huge deposit of the...
30 Jul, 2008, 08.04 PM IST
- ICBC seeks to expand in US, Russia: Report
The Industrial and Commercial Bank of China, the nation's largest lender, has applied for US and Russian banking licences as it seeks to ex...
13 Jun, 2007, 10.20 AM IST