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APSEZ completes sale of Myanmar Port at USD 30 million
Updated : 2 years, 10 months ago IST
In May 2022, APSEZ announced the signing of a share purchase agreement (SPA) for the sale of its Myanmar Port. The SPA had certain condition precedents (CPs), including completion of the project and relevant approvals for the smooth conduct of business by the buyer.
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REC lists green bonds of USD 750 mn at GIFT IFSC stock exchanges
Updated : 2 years, 10 months ago IST
The primary listing ceremony of the firm was held in GIFT IFSC, Gandhinagar, according to a statement released by the ministry of power on Wednesday evening.
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163 Indian companies present across US, collectively generated USD 40-bln
Updated : 2 years, 10 months ago IST
The seventh edition of the CII's survey report, Indian Roots, American Soil, was released on Wednesday (local time), at the India-US Business Reception, hosted by Taranjit Singh Sandhu, Ambassador of India.
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Pando raises USD 30 million amidst funding winter, to future-proof enterpr
Updated : 2 years, 10 months ago IST
San Jose (California) [United States]/ Chennai (Tamil Nadu) [India], May 4 (ANI/BusinessWire India): Supply chain software leader, Pando, today announced its Series B funding of USD 30 million, bringing total capital raised so far, to USD 45 million. The round was led by marquee Silicon Vall
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US announces USD 300 million additional security assistance package for Uk
Updated : 2 years, 10 months ago IST
State Secretary Antony Blinken said in a statement, "We will continue to stand with our Ukrainian partners as they defend themselves from Russia's war of aggression. Pursuant to a delegation of authority from President Biden, I am authorizing our 37th drawdown of US arms and equipment for
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JSW Steel USA to invest USD 145 mn to upgrade manufacturing operations
Updated : 2 years, 10 months ago IST
The company said in a statement shared with stock exchanges that this was in alignment with President Joe Biden administration's 'Buy America' policies. The new investments were announced at the SelectUSA Investment Summit held in National Harbour MD.
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Pakistan yearly wastes food worth USD four billion: Report
Updated : 2 years, 10 months ago IST
As per the report by Pakistan's Ministry of National Food Security and Research, Pakistan wastes 26 per cent of its food production i.e., 19.6 million tonnes yearly, the report revealed.
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CEPA: Growth engine for India-UAE bilateral trade completes one year
Updated : 2 years, 10 months ago IST
During the past year, CEPA has made a significant impact on India's Bilateral Trade with the UAE and particularly India's Exports to the UAE (Oil and Non-Oil). The Bilateral Trade between India and the UAE has touched historic highs during FY 2022-23. Trade has increased from USD 72.9 bil
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We expect around USD 50 billion export to UAE by 2026-27: Commerce Secreta
Updated : 2 years, 10 months ago IST
"During one year of UAE-India Comprehensive Economic Partnership Agreement (CEPA) India's exports to UAE grew by 11.8 per cent in the financial year 2023," Sunil Barthwal indicated, adding: "India's exports to the UAE grew to USD 31.3 bn in FY2023 as against USD 28 billion in FY2022. India-U
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IFL Enterprises Ltd secured export orders worth USD 8.16 million - Approx.
Updated : 2 years, 10 months ago IST
Ahmedabad (Gujarat) [India], May 1 (ANI/PNN): Ahmedabad-based IFL Enterprises Ltd - the leading company in the business of trading all kinds of papers and stationery items has secured export orders from Kenyan company, Frereana Holding Ltd. The order is for the supply of writing books, textb
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Price of domestic natural gas under new formula revised for May
Updated : 2 years, 10 months ago IST
The price of domestic natural gas price has been set at USD 8.27 per mmBtu for the month of May, as against USD 7.92 in April, as per a notification from Petroleum Planning and Analysis Cell (PPAC).
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Lebanon, six other states accuse Lebanese Central Bank governor of embezzl
Updated : 2 years, 10 months ago IST
Riad Salameh, the long-serving Governor of the Central Bank of Lebanon has been accused by the relevant authorities of Lebanon, France, Belgium Germany, Switzerland, Luxembourg and Lichtenstein of financial crimes and of laundering more than USD 330 million.
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