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Russian bank VTB to lend Essar $1 billion

Russian banks have faced difficulties in refancing due to Western sanctions. Russian bank VTB will open a $1 billion credit line to India's Essar Group, chief executive Andrei Kostin said on......

VTB, 1st Russian bank to open branch in India

VTB Bank on Tuesday became the first Russian Bank to open its full service branch in the country to service corporate clients. "The branch will mostly serve corporate clients and is designed to......

Essar not exiting oil & gas business: Ruia

The exploration and production assets of Essar Oil will not be part of the Rosneft deal and would continue to remain with the Group After striking the deal to sell its oil refinery to Russia's......

Russia's Rosneft-led group acquires Essar Oil for nearly Rs 88,000 crore

Russia’s state-controlled oil giant Rosneft and its partners on Saturday took over India’s second biggest private oil firm Essar Oil in an all-cash deal valued at about $13 billion (Rs......

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

India’s five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza......

Asian Games: Poonia settles for bronze

A below par Krishna Poonia had to settle for bronze in the women's discus throw on the third day of track and field competitions at the Asian Games in Guangzhou on Tuesday.Poonia, who had won a......

CWG is not Tintu's main target: P T Usha

Her protege Tintu Luka has already broken the two-minute barrier in 800m and legendary P T Usha feels the best is yet to come for the 21-year-old who can be a bet for an Olympic medal that eluded......

Luka sets new national 800m record

Rising Indian middle distance runner Tintu Luka shattered the 15-year-old women's 800m national record as she clocked 1:59.17 to finish a creditable fifth in the VTB Bank Continental Cup in Split,......
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Rosneft-led consortium plans to complete Essar acquisition next month - sources

By Vladimir Soldatkin, Alexander Winning and Kira Zavyalova MOSCOW (Reuters) - A consortium led by Russian oil major Rosneft plans to finally... ...

http://www.sify.com/finance/rosneft-led-consortium-plans-to-complete-essar-acquisition-next-month---sources-news-commodities-rcuszshhgdiac.html
Ford sees big Russia gamble vindicated as sales finally turn corner

By Jack Stubbs and Gleb Stolyarov MOSCOW (Reuters) - Ford has become the first major foreign carmaker in Russia to see sales grow after three bad... ...

http://www.sify.com/finance/ford-sees-big-russia-gamble-vindicated-as-sales-finally-turn-corner-news-auto-rctuxNeighcah.html
Russia's economy minister forecasts 2 percent growth if no shocks

By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) - Russia's economy could grow by 2 percent in 2017 as long as there are no external shocks such... ...

http://www.sify.com/finance/russias-economy-minister-forecasts-2-percent-growth-if-no-shocks-news-economy-rbup3iiafffhc.html
Russia's VTB CEO says Trump should first lift sanctions against banks

U.S. President-elect Donald Trump should first scrap penalties against Russian banks when considering lifting other sanctions against Moscow, chief... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/7IWl5SIFCFw/davos-meeting-vtb-idINKBN1531EY
UPDATE 2-UK Stocks-Factors to watch on Jan 17

(Adds company news item) Jan 17 (Reuters) - Britain's FTSE 100 index is seen opening down 1point on Tuesday, according to financial bookmakers,... ...

http://www.sify.com/finance/update-2-uk-stocks-factors-to-watch-on-jan-17-news-equity-rbrnaHfacfefj.html

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