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1-10 results from 1000 for query «billion»

18 November, 2017 11:19 AM Volkswagen to invest $27 billion in core brand until 2022

Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending programme aimed at bolstering its position as a maker of electric cars. Most of that sum, around 14 billion euros, will be spent in Germany, Volkswagen said, adding that one of the key measures 19

18 November, 2017 3:38 AM China to build $1.6 bn aluminium plant in Tajikistan

China will build an aluminium factory worth USD 1.6 billion in ex-Soviet Tajikistan, the Central Asian country's leading smelter said today, in a sign of Beijing's increasing influence over the economy of its resource-poor neighbour. China -- which already owns over half of Tajikistan's external debt -- has long sought to boost ties in the ex- Soviet 19

17 November, 2017 4:25 PM Bhat, Agrawal elevated to Tata Sons board

Titan chief, group CFO join 9 others Tata Sons, the holding company for the $100 billion, salt-to-software conglomerate, has elevated Bhaskar Bhat, managing director of Titan, and Saurabh Agrawal, group chief financial officer, to the company’s board. Mr. Bhat had “helped his company drive brand value and achieve a market capitalisation of $10 billion 16

17 November, 2017 8:22 AM Aircel delays debt repayments: CARE

Telecom operator Aircel Ltd has delayed payment of interest on its debt obligations, ratings agency CARE said and downgraded its rating on the company's bank facilities to default. Aircel, the sixth-ranked mobile carrier in the country by subscribers, has delayed payment of interest on its debt obligations on account of its "weak liquidity position 22

16 November, 2017 4:45 PM Diamond producers target Indian market

‘Being the natural home of the precious stone, India has a vast growth potential’ The Diamond Producers Association (DPA), the international alliance of world’s seven leading diamond mining companies —ALROSA, De Beers, Dominion Diamond, Gem Diamonds, Lucara Diamond, Petra Diamonds and Rio Tinto — is eyeing the Indian market to boost diamond consumption 31

16 November, 2017 6:09 AM Ambanis top Forbes list of Asia’s richest families, pip Lees

India’s Mukesh Ambani family is the richest in Asia as its net worth rose $19 billion to $44.8 billion, toppling the Lees of the Samsung empire, to claim the numero uno position, Forbes said. Despite dropping to the second spot, Korea’s Lee family still saw its wealth soar by $11.2 billion to $40.8 billion this year as shares of Samsung Electronics moved 23

16 November, 2017 5:43 AM Mukesh Ambani family top Forbes list of Asia's richest families, pip Lees

India's Mukesh Ambani family is the richest in Asia as its net worth rose USD 19 billion to USD 44.8 billion, toppling the Lees of the Samsung empire, to claim the numero uno position, Forbes said. Despite dropping to the second spot, Korea's Lee family still saw its wealth soar by USD 11.2 billion to USD 40.8 billion this year as shares of Samsung Electronics 32

14 November, 2017 1:28 PM Export drops 1.12% to $23bn in October; trade deficit balloons

Export declined by 1.12% to $23 billion in October, retreating from a six-month high growth in September as shipments of textiles, pharmaceuticals, leather and gems and jewellery fell, official data showed. Imports, however, grew by 7.6% to $37.11 billion in October from $34.5 billion in the year-ago month, the commerce ministry data released today showed 24

14 November, 2017 9:37 AM India services export flat at $14 bn in September, import grows

Mumbai: Services export of India remained flat at USD 13.73 billion in September year-on-year while import slightly picked up to USD 8.45 billion, showed RBI data. In September 2016, India had exported services worth USD 13.77 billion. The import grew 1.7 percent from USD 8.30 billion last year. In August 2017, the services export was USD 13.7 billion 50

13 November, 2017 12:28 PM NTPC net profit down 2.3% at Rs 2,438 crore in July-September quarter

The company's net profit was Rs 2,496.98 crore in the quarter ended on September 30, 2016, NTPC Ltd said in a BSE filing. New Delhi: State-owned power giant NTPC on Monday reported a decline of 2.3 percent in its standalone net profit at Rs 2,438.60 crore for quarter ended September due to higher borrowing and depreciation cost. The company's net profit 37