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VLADIMIR YEVTUSHENKOV
Private jets of Russia's rich keep flying, but glamour fadesIn a sign of both the limitations and reach of Western sanctions in place since Moscow's invasion of Ukraine, some of Russia's rich and pow...
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...
How this Russian billionaire shielded assets from European sanctionsAndrey Melnichenko, who made his fortune in Russia's energy industry in the years following the 1991 fall of the Soviet Union, gave up his ...
Russian e-retailer Ozon eyes nearly $1bn in US IPOThe online giant, which reported growth of 142 percent year-on-year in the first nine months of 2020, is aiming to capitalise on the boom i...
Reliance Communications in talks to buy Sistema Shyam in all-stock dealAnil Ambani-owned telco seeks to take over rival CDMA brand MTS without its liabilities, but current M&A rules and legal requirements make ...
Reliance Communications eyes AFK Sistema’s Indian operations in all-share dealAlthough at an early stage, the deal is said to be structured in such a way that it would involve a share-swap with no cash changing hands.
Indian business houses need government support to counter China abroad: Sunil Bharti Mittal"We are facing might of Chinese state wherever we go abroad," said Mittal, who heads telecom-to-retail conglomerate Bharti group.
Sistema chairman Vladimir Yevtushenkov's house arrest sends stocks crashingShares in Sistema collapsed by 28 per cent in the first half hour of trading at Moscow's MICEX stock exchange on Wednesday.
- Russia raises Sistema issue in bilateral talks
Russian telecom giant Sistema's Indian joint venture, Sistema Shyam Teleservices, ran into rough weather when the Supreme Court cancelled 1...
- Give proper treatment to our companies in India: Russian Deputy Prime Minister Dmitry Rogozin
Russia today pressed for "proper treatment" of its companies operating in India, voicing concern over problems faced by its Sistema company.
- Russia raises Sistema' investments; India says judicial process on in the matter
Both countries discussed ways to enhance ties in key areas of civil nuclear cooperation, trade and space tech among others.
- 2G spectrum scam, Vodafone tax row start to put strain on India's diplomatic ties
The 2G telecom crisis is not just a story of corruption in India's showpiece infrastructure sector. Neither is the Vodafone issue.
2G verdict impact: Of all the tangles, the one involving Russia's Sistema will be the most tricky for IndiaRussia, a key supplier of arms & energy to India, will pull out all stops for Sistema, which lost 21 of its 22 licences.
- OVL hopes to ink pact for Russian oil fields during Medvedev's visit
ONGC Videsh is hoping to sign an agreement to take a stake in the Trebs and Titov in in the Arctic during Russian President Dmitry Medvedev...
- Russia disqualifies ONGC from bidding for 2 oilfields
Russia has disqualified state-owned Oil and Natural Gas Corporation (ONGC) from bidding for the giant Trebs and Titov fields in northwest R...
- DoT rejects Sistema Shyam’s call for additional spectrum
The telecom department has rejected Sistema Shyam’s demand that it be given additional airwaves in line with other new entrants using GSM t...
- Russia may acquire stake in Indian telecom firm: Report
Russia's government is considering investing $680 million in an Indian telecom firm to help out the majority Russian owner.
- Putin may use credit squeeze as a tool to ‘destroy’ oligarchs
Vladimir Putin came to power in 2000 vowing to destroy Russia’s oligarchs ‘as a class’. Within two years, he’d driven two into exile and im...