Russia's Moscow Region is looking at the investment from India in sectors including infrastructure, auto industry, automotive components, pharmaceuticals and electronics, a high-ranking Russian official has said, according to The Economic Times.
"Leaders of India and Russia have excellent chemistry. The countries have a very warm relationship. We are looking for...
Russian tech conglomerate Yandex has agreed to a corporate restructuring that will grant a veto over key company decisions – such as those covering the security of personal data and intellectual property – to a body with close government ties, Reuters reports.
According to analysts, the decision to offer a...
The member countries of BRICS, an informal association of the world’s largest emerging economies, back the idea of developing a common payment system, the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has said, according to RBC.
Russia and its BRICS peers, Brazil, India, China and South Africa,...
As Russia prepares for a summit to try to resolve the conflict with Ukraine, Moscow has decided to return Ukrainian navy ships seized a year ago, Vedomosti reported on Saturday.
“In accordance with agreements concluded with the Ukrainian side, three Ukrainian ships… are being towed from the port of Kerch to...
The head of Russia’s state tech conglomerate Rostec said on Monday that the country’s military export sales have not fallen despite U.S. sanctions, TASS reports.
Rostec is among Russian firms that have been hit by sanctions imposed on the country over the annexation of Crimea from Ukraine and other factors.
Rosoboronexport, the...
Rosbank restored the system after a technical failure on the night of November 16, a representative of the credit company told TASS.
“On the night of November 16, from 02:00 to 04:00 (the time of the lowest transaction activity), Rosbank carried out planned work to improve the technical means, during...
The owners of Russian toy retailer Detsky Mir, Sistema and the Russia-China Investment Fund (RCIF) said on Friday they were aiming to reduce their holdings in the company by offering existing shares via a secondary public offering (SPO) set for next week, Reuters reports.
In a joint statement, Sistema and...
Around $450 million in Bitcoin that went missing from the now-defunct Russian cryptocurrency exchange Wex may have been transferred to e-wallets owned by employees of the country’s Federal Security Service (FSB), the BBC in Russian reports.
After the funds were lost in 2018, an embezzlement case was opened to investigate...
Turkish businessman Neset Kockar has acquired Russian travel agency Intourist and plans to maintain its brand and bring it public, Euronews reports.
"Yes," the source said when asked whether the brand would be maintained, adding that, "(Intourist) will also go public."
Neset Kockar is the second-biggest investor in Thomas Cook Group,...
Mosgorlombard, a network of pawnshops including 17 locations in Moscow and the Moscow Region, intends to float its shares in early 2021, the company’s spokesperson told RBC.
Plans are in store to sell up to 20% of the shares, the company’s representative said. That could be the first such placement...
