letter of credit

SSTL raises $200 mn loan from ICICI, Barclays Bank


September 29th, 2011 - 6:20 pm ICT by IANS
New Delhi, Sep 29 (IANS) Sistema Shyam TeleServices Limited (SSTL), which operates its telecom services under the MTS brand in India, Thursday said it has raised a loan of about ... Read more...

Posted in Business |

BSES Delhi says dues to NTPC will be cleared Monday


September 4th, 2011 - 7:15 pm ICT by IANS
New Delhi, Sep 4 (IANS) BSES Delhi, the utility that distributes electricity to certain parts of the national capital, Sunday said dues to state-run NTPC would be cleared by Sep ... Read more...

Posted in Uncategorized |

BSES Delhi says issues over payments to NTPC will be resolved


September 2nd, 2011 - 10:08 pm ICT by IANS
New Delhi, Sep 2 (IANS) BSES Delhi, the utility that distributes electricity to certain parts of the national capital, Friday said all issues relating to some payments to state-run NTPC ... Read more...

Posted in Business |

Pakistan reaffirms ban on onion exports to India


January 11th, 2011 - 12:58 am ICT by IANS
Islamabad, Jan 10 (IANS) Citing shortages, Pakistan Monday reaffirmed a ban on the export of onions to India, officials said.Pakistan had imposed the ban last week and reaffirmed this Monday after a ... Read more...

Posted in South Asia |

Sistema Shyam to secure $200m Gazprombank loan


December 20th, 2010 - 6:14 pm ICT by IANS
New Delhi, Dec 20 (IANS) Sistema Shyam Teleservice Ltd. (SSTL), a joint venture between Russian conglomerate Sistema and India's Shyam group, Monday said it has signed a mandate letter with Russian bank ... Read more...

Posted in Business |

State firms defrauded by group of jewellery traders: CBI


October 29th, 2010 - 8:10 pm ICT by IANS
Mumbai, Oct 29 (IANS) The Central Bureau of Investigation (CBI) Friday said it has unearthed a Rs.1,400 crore-plus scam involving a group of jewellery traders who defrauded the state enterprises, Mineral Scrap ... Read more...

Posted in Business |

India’s ties with Africa distinct from others: Anand Sharma


March 15th, 2010 - 6:24 pm ICT by IANS
New Delhi, March 15 (IANS) Commerce Minister Anand Sharma Monday said India's ties with Africa were deeply entrenched in history and the bond between South Asia's economic powerhouse and the continent was ... Read more...

Posted in Business |

Gogoi asks AGP to seek Prafulla Mahanta’s resignation


February 21st, 2010 - 6:21 pm ICT by IANS
Guwahati, Feb 21 (IANS) Assam Chief Minister Tarun Gogoi Sunday took the charge to the opposition camp by asking the Asom Gana Parishad (AGP) to demand the resignation of their founder president ... Read more...

Posted in Politics |

Dunlop resumes production at Sahaganj after a year


December 2nd, 2009 - 4:02 pm ICT by IANS
Kolkata, Dec 2 (IANS) Dunlop India Wednesday resumed the "production process" of its tyres at its Sahaganj unit in West Bengal after more than a year. "The routine maintenance work was on for ... Read more...

Posted in Business |

Dunlop to start production from Sahaganj unit Dec 2


November 24th, 2009 - 10:07 pm ICT by IANS
Kolkata, Nov 24 (IANS) City-based tyre manufacturer Dunlop India would resume production at its Sahaganj unit Dec 2, the company said Tuesday. "Through a notice at the entrance of the Sahaganj plant, the ... Read more...

Posted in Business |

Pak to be declared ‘high-risk country’ if it fails to upgrade money laundering laws


October 24th, 2009 - 5:03 pm ICT by ANI
Islamabad, Oct. 24 (ANI): If Pakistan fails to upgrade its existing anti-money laundering laws before February 2010, it will have to face severe financial penalties from international organisations that includes being declared ... Read more...

Posted in South Asia |

Bank employees resume work from today


August 8th, 2009 - 12:56 pm ICT by ANI
New Delhi, Aug 8 (ANI): Bank employees on Saturday resumed work after a two-day strike by public sector bank employees union.The Indian Bank Association (IBA) on Friday reportedly agreed to the ... Read more...

Posted in National |

Chennai train accident kills seven, Lalu orders probe (Second Lead)


April 29th, 2009 - 2:47 pm ICT by IANS
Chennai/Patna, April 29 (IANS) At least seven people were killed and 20 injured when a local passenger train collided with a goods train in a Chennai suburb Wednesday, an official said. In ... Read more...

Posted in Uncategorized |

Seven killed in Tamil Nadu train accident (Lead)


April 29th, 2009 - 11:19 am ICT by IANS
Chennai, April 29 (IANS) At least seven people were killed and 20 injured when a local passenger train collided with a goods train in a Chennai suburb Wednesday. Train services in the ... Read more...

Posted in Uncategorized |

Ansari inaugurates Indo-Myanmar optical fiber link


February 8th, 2009 - 2:38 pm ICT by ANI
By Ravi Shankar Yangon, Feb. 8 (ANI): Visiting Indian Vice President Mohammad Hamid Ansari on Sunday inaugurated integral trans-border optical fiber communication link between India and Myanmar. The first call on this ... Read more...

Posted in National |

India to facilitate smoother business with Africa


January 20th, 2009 - 10:30 pm ICT by IANS
New Delhi, Jan 20 (IANS) India will put in a mechanism to ensure a smoother road for businesses for opening letter of credit and receipt of payments through banks and financial institutions, ... Read more...

Posted in Uncategorized |

Canara Bank gets licence to open branch in Shanghai


July 9th, 2008 - 3:55 pm ICT by IANS
Bangalore, July 9 (IANS) Canara Bank has obtained a licence from China's banking regulatory commission to open a branch in Shanghai, the leading state-run bank said here Wednesday. As a prelude to ... Read more...

Posted in Business |

BGR Energy bags oil storage tanks order from Iraq


June 6th, 2008 - 12:41 am ICT by IANS
Chennai, June 5 (IANS) Engineering design and fabrication company BGR Energy Systems has bagged a contract worth around $9.2 million to design and manufacture 70 oil product storage tanks for Iraq's State ... Read more...

Posted in Business |

Yahsat to raise $1.2 bn to finance satellite communications system


May 21st, 2008 - 4:11 pm ICT by admin
Abu Dhabi, May 21 (IANS) United Arab Emirates (UAE) based satellite operator Al Yah Satellite Communications Company (Yahsat) plans to raise $1.2 billion to finance its satellite communications system, WAM news agency ... Read more...

Posted in World |

Bangladesh to import 400,000 tonnes of rice from India


April 7th, 2008 - 12:28 am ICT by admin
Xinhua Dhaka, April 6 (Xinhua) The caretaker government of Bangladesh Sunday opened a letter of credit to import 400,000 tonnes of rice at $430 per tonne from India, a senior official said. "India ... Read more...

Posted in Business |

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