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Tag: foreign

India Inc foreign borrowing jumps over 2-fold to $3.92 bn in April

India Inc foreign borrowing jumps over 2-fold to $3.92 bn in April

Finance
India Inc raised USD 3.92 billion from overseas markets in the first month of the current financial year, up more than two-times from a year-ago period. Among major companies which tapped the overseas market to raise capital included - Reliance Jio (USD 747.03 million), Aditya Birla Finance (USD 152.35 million), Vayu Urja Bharat Private Ltd (USD 155 million) and JSW Steel Ltd (USD 100 million). All these firms raised the money through automatic route of external commercial borrowings (ECBs). In the approval route category for ECBs, Tata Sons raised USD 1.5 billion for other purpose while Dewan Housing Finance Ltd raised USD 152.35 million (Rs 1,000 crore) by tapping the rupee denominated bonds (RDBs) during the month. Let's block ads! (Why?) Banking/Finance-Industry-The Economic Times...
Raytheon, Lockheed to sell Javelins to multiple foreign customers

Raytheon, Lockheed to sell Javelins to multiple foreign customers

Business
Feb. 23 (UPI) -- Raytheon and Lockheed Martin were awarded a contract under a foreign military sale for the delivery of Javelin weapon systems.The deal, announced Thursday by the Department of Defense, is valued at more than $ 94.8 million under a modified contract.The contract would provide the countries of France, Taiwan, Jordan, Qatar, Turkey and Lithuania with Javelin weapon systems, rounds, command launch systems and battery coolant unit spares, the Pentagon said.Work on the contract will occur in Tucson, Ariz., and is expected to be completed by August 2020.The total contract amount will be obligated to Raytheon and Lockheed Martin at the time of award from Army fiscal 2018 other procurement funds, the Pentagon said.Let's block ads! (Why?) Business News - UPI.com
Russia-Trump inquiry: Russian foreign minister dismisses FBI charges

Russia-Trump inquiry: Russian foreign minister dismisses FBI charges

World
Media playback is unsupported on your deviceRussia's foreign minister has dismissed as "blather" the charges levelled by the FBI special counsel against 13 Russians for election meddling. Sergei Lavrov said at a major security conference in Germany he would not comment further until he saw "facts".The charges brought by Special Counsel Robert Mueller are seen as a major development in his continuing probe into the US 2016 election.President Trump has said the indictment shows his campaign did "nothing wrong". The Russian foreign minister was being questioned by participants at the Munich Security Conference. Asked about the charges, he said that even Vice-President Mike Pence had called the investigation into question. "So until we see the facts, everything else is just blather." But Mr Tr...
U.N. political chief meets North Korean vice foreign minister

U.N. political chief meets North Korean vice foreign minister

World
SEOULl, South Korea, Dec. 6 (UPI) -- The United Nations political chief met with North Korean Vice Foreign Minister Pak Myong Guk during a rare four-day trip to Pyongyang.U.N. Undersecretary General for Political Affairs Jeffrey Feltman arrived in the North Korean capital Tuesday, a week after Pyongyang conducted its new intercontinental ballistic missile test.The North's Korean Central News Agency said Wednesday the two officials had "exchanged views on areas of common interest regarding U.N. agencies in cooperating with North Korea."Before the meeting took place, the North Korean official expressed his hope that the discussion would be "full of sincerity," Kyodo News reported.During his stay, Feltman is also expected to meet Foreign Minister Ri Yong-ho, who extended the invitation to Pyo...
Marines use freeze-dried plasma to save foreign ally

Marines use freeze-dried plasma to save foreign ally

Business
Sept. 8 (UPI) -- Freeze-dried plasma has been used for the first time by U.S. Marine Corps Special Operations Command troops to help save a life.The plasma was used in battlefield trauma care in the Central Command area of operations when an allied soldier received life-threatening injuries, the Marines said."I think it reassures Raiders that when they're in harm's way, they have a life-saving product in the medical bags of their very capable corpsmen," U.S. Navy Lt. Eric Green, a force health protection officer, said in a press release.Green is a study coordinator with MARSOC Health Services Support. He said freeze-dried plasma is a dehydrated version of plasma that replaces the clotting factors lost in blood.Normal plasma is normally frozen and thawed over a period of five days, preventi...