Russia President Vladamir Putin woos China before BRICS summit

Last Updated: Thursday, July 9, 2015, 00:44

Russian President Vladimir Putin and his government courted Beijing on Wednesday before a BRICS summit, playing down a stock market plunge in China and proposing better terms for investors from Beijing.

BRICS summit gives Putin a chance to show Russia not isolated

Last Updated: Monday, July 6, 2015, 21:09

The BRICS emerging economies will launch a development bank at a summit this week which President Vladimir Putin hopes will help reduce Western dominance of world financial institutions and show Moscow is not isolated.

Arun Jaitley to attend inaugural meet of BRICS bank at Moscow

Last Updated: Monday, July 6, 2015, 08:35

During the four-day visit, he will also be participating at the functions on the sidelines of the BRICS Summit at Ufa which is being attended by Prime Minister Narendra Modi.

PM Modi's Russia, Central Asia visit to boost energy, trade ties

Last Updated: Sunday, July 5, 2015, 12:56

Prime Minister Narendra Modi's forthcoming visit from July 6-13 to Russia as also five Central Asian countries is expected to boost strategic and economic ties with the region, India Inc said on Sunday.

Lupin up 2.5% on Russia's Biocom acquisition

Last Updated: Friday, July 3, 2015, 13:43

Shares of drug major Lupin on Friday gained 2.5 percent after the company announced acquisition of Russia's Biocom, marking its foray into the Russian pharma market, which is expected to be one of the top eight in the world by 2018.

Lupin acquires Russian drug firm Biocom

Last Updated: Thursday, July 2, 2015, 19:49

The company has acquired 100 per cent equity stake in ZAO Biocom in Russia subject to certain closing conditions, Lupin Ltd said in a statement without disclosing the financial details.

Ukraine suspends Russian gas purchases in new price row

Last Updated: Wednesday, July 1, 2015, 05:02

Ukraine has announced the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.

BRICS bank to be operational by end of 2015: South Africa

Last Updated: Friday, June 26, 2015, 23:33

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

CII inks MoU with Russian counterpart to boost eco ties

Last Updated: Friday, June 19, 2015, 19:31

The chamber also said that during their interaction with Sitharaman, industry leaders raised the issue of possibility of Rupee-Rouble trade, financing for oil trade and barter trade in commodities.

BRICS members hail integration ahead of July forum

Last Updated: Friday, June 19, 2015, 18:22

BRICS member states --Brazil, Russia, India, China and South Africa -- cheered new integration trends with the announcement of the formation of the BRICS Development Bank, ahead of the group`s upcoming forum in July.

Russia's Rosneft in talks to buy stake in Essar Oil

Last Updated: Monday, June 15, 2015, 16:37

The stock has surged over 56 percent in the last six trading sessions.

Berger Paints to open plant in Russia

Last Updated: Saturday, June 6, 2015, 12:57

The decision to locate its paint and varnish manufacturing centre there was taken after a group of Indian investors visited the town`s industrial park.