Russia asks India to amend bilateral investment pact
Moscow wants the 19-year-old BIPA to be suitably amended with unambiguous safeguards to protect large scale Russian investments in telecom sector in India
IRIGC agrees to increase Kamaz truck production in India
The co-chairs of the IRIGC are soon expected to receive the proposals on increasing the production of KVML plant at Hosur (Tamil Nadu) in India
Russia looks to boost domestic auto production
For the last decade the government had skillfully been using a carrot-and-stick approach to get major auto giants to produce cars (and eventually – car parts) in Russia
Carmakers turn to BRICS for growth
Despite a moderate downturn in car sales seen in Russia from the beginning of the year, the country is a critical automobile market, which is projected to surpass Germany in the future
Acer eyes bigger piece of Russian tablet pie
The Taiwan-based manufacturer computer manufacturer has ambitious plans to capture 25 percent of the Russian market for tablet computers
India, Russia look to increase air connectivity
Aeroflot shows interest in flying to Bangalore, while Indigo and Spice Jet are looking to use Moscow as a hub for the CIS
Premium Russian wines on the cards
A modern (and largely organic) premium wine industry is quickly developing in the land of vodka
RUSAL wants cuts in global aluminium production
With the global aluminium market struggling with an oversupply crisis, the Russian aluminium giant believes manufacturers should scale back on production
Russia eyes regional transport aircraft partnership with India
United Aircraft Corporation has offered to set up joint development and manufacturing facilities in India
Russian log houses as panacea from the Indian heat
Though uncommon for India, wooden construction is slowly becoming a high-end trend among Indian ecology lovers. Russian wood has all chances to capture the emerging market
The myth of dirty Russian money
Russian entities and individuals have indeed constituted a large share of all the Cyprus depositors, but to punish all Russian depositors for Cypriot failings is patently unjust and perhaps illegal
Sharapova aims for sweet tooth with first business
For someone known for her punishing ground strokes on the tennis court and elegant style on the red carpet, candy was not an obvious choice for a first foray into business. But all the pieces came together
Uralkali to spend $1.64 bn in share buyback drive
In a single week in mid-April, the potash fertilizer company spent $141 million as part of its share buyback programme, in an attempt to prevent investor panic over its plans to cut production in 2013
Indian police warn investors on Mavrodi scheme
The Andhra Pradesh police issued a warning asking people not to invest in the Mavrodi Mondial Moneybox India scheme, saying investors risk losing their funds
Rosneft sets sights on Iraq and Venezuela
CEO Igor Sechin says Russian firm is ready to tie-up with American giant ExxonMobil in Iraq
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Agenda set for ‘Russian Davos’ summit in St Petersburg
Russia’s major business and political event, the 17th St Petersburg International Economic Forum, has been scheduled for June 20-22, with over 5000 participants from 30 countries worldwide expected to attend
Dmitry Shukov appointed CEO of Sistema’s India ops
New CEO to take over on June 1; incumbent Vsevolod Rozanov will move to a senior position in Moscow
Igor Sechin named in Time 100 Influential People
In Time’s Titans List, the Rosneft CEO sticks out among trendier names like SpaceX founder Elon Musk and Instagram founder Kevin Systrom
Filling India’s infrastructure gaps with Russian partners
Sridhar Cherukuri, CEO, Transstroy (India) Ltd speaks to RIR on the history of the company, its joint projects with Russia and conflicts with environmentalists over the construction of a major dam
New wealthy Russians join Forbes rich list
The newcomers include Mark Kurtser, Moscow’s chief obstetrician and Vladimir Litvinenkov, rector of the St. Petersburg-based National Mining University and a minority shareholder in PhosAgro