Otkritie Formalizes Nomos-Bank Take Over

Sep 3, 2012 | News

Moscow Times 3 September 2012 Trading of Nomos-Bank shares was briefly suspended in Moscow on Friday as the stock rocketed more than 20 percent in 10 minutes after the announcement that Otkritie Financial Corporation was looking to obtain full control of Russia’s...

Piramal invests in German molecular imaging technology

Sep 1, 2012 | India, News

Business Line 30 August 2012 Indian healthcare major Piramal, which had taken over Bayer HealthCare’s molecular-imaging pipeline, has been investing in German molecular imaging technology. With the Indian major of the belief that the future of medicine is set to be...

L&T may buy entire stake in Audco

Sep 1, 2012 | India, News

Livemint.com 17 August 2012 India’s biggest engineering and construction conglomerate Larsen and Toubro Ltd (L&T) is planning to acquire the entire stake of US-based Flowserve Corp. in their 50:50 joint venture (JV) Audco India Ltd, according to an internal...

Skolkovo Government confirms full financing for Skolkovo

Aug 31, 2012 | News

East-West Digital News 30 August 2012 Dismissing rumors that state financing for Skolkovo might be reduced, the Russian Ministry of Finances confirmed earlier this week that the federal government’s total funding for the project will remain unchanged at 85 billion...

Russia Wants APEC to Facilitate Trade Shift Toward Asia, U.S.

Aug 30, 2012 | News

Moscow Times 29 August 2012 The government expects the upcoming forum of Asia-Pacific businesspeople and country leaders in Vladivostok to help attract investment to Russia and remove suspicions about the country’s efforts to invest abroad, First Deputy Prime...