Business - Briefly   

Russian nod for 5-year lock-in

MOSCOW: Russia has agreed to a five-year lock-in period for rupee debt investments in India-based joint ventures and the two countries are close to signing all general letters of exchange concerning India's debt, Russian Deputy Finance Minister Sergei Storchak told mediapersons.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

RBI tightens grip on short-term lending
CSO revises GDP growth to 9 p.c. for 2005-06
RBI keen on developing corporate debt market
Integrated transport management system mooted for State capital
JRG Q3 net up by 118 p.c.
Geojit announces interim dividend of 40 per cent
Rupee steady
Sensex loses 121 points
Swiss Govt. opens up industry
Sony Ericsson phones to roll out from India
CESC plans to establish real estate subsidiary
Exchange rates
Bullion rates
iGATE expands Bangalore campus
Micro Inks to acquire U.S. firm
ITC profit after tax up 23 p.c.
Samsonite to invest $10 m
SMS Pharma IPO opens on February 5
IIML, ADIC to set up private equity fund
Crocodile opens store at Kochi
IndiGo's new CCO
Standard Life offloads entire stake in Corus
CLB orders WB Govt. to exit Haldia Petro
Consultation paper on ADC review
Consumer Price Index remains static
Russian nod for 5-year lock-in

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu