Wednesday 3 September 2014
 
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Batelco vows to pursue $212m claim against Siva

Bahrain-based Batelco Group of Companies has expressed its determination to recover the $212 million from Chinnakannan Sivasankaran and his firm following his recent bankruptcy declaration. BMIC Limited, a wholly owned subsidiary

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Batelco vows to pursue $212m claim against Siva

Bahrain-based Batelco Group of Companies has expressed its determination to recover the $212 million from Chinnakannan Sivasankaran and his firm following his recent bankruptcy declaration. BMIC Limited, a wholly owned subsidiary

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East Africa moving towards cleaner fuels

Plans for five countries in East Africa to adopt cleaner fuel standards in 2015 are likely to help absorb excess low-sulphur oil products coming out of Middle East and Indian refineries, where new capacity is being added, industry sources said.

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Indian economy grows 5.7pc in Q1

India said its economy grew by 5.7 per cent in the first financial quarter, its fastest pace in more than two years, as the election of a new right-wing government spurred business confidence. The strong expansion in the three mon

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Bahrain-India trade to target key industries

Pharmaceuticals, agriculture and engineering services are key industries where potential exists in expanding India-Bahrain bilateral trade, it has emerged. At a meeting chaired by Industry and Commerce Minister Dr Hassan Fakhro to

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Bahrain-India trade ties to be focus of key talks

A key meeting in Bahrain next week will see discussions between Bahraini and Indian business leaders on bilateral trade and investment opportunities. Details on the establishment of the regional office of the Confederation of Indi

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UAE and India seek renewables ties

The UAE and India are expected to enhance their co-operation in the field of renewable energy and sustainability. This follows a visit by Chief Minister Shivraj Singh Chouhan and his delegation from the Indian State of Madhya Pradesh to

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Oman-based NRI plans $100m fruits unit in India

An Oman-based entrepreneur is in discussion with Indian authorities to start a $100 million organic fruit exports business in the Indian state of Maharashtra, said a report. R H Parakh, who is the managing director of Saud Bahwan

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Top five Indian billionaires' wealth hits $85.5bn

A wealth-X list of India's richest individuals has been released revealing the top 5 entrepreneurs who collectively control $85.5 billion in personal wealth. All five entrepreneurs on the wealth-X list made their fortunes through th

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Lung transplant hope for Bahraini child

A Bahraini child suffering from a chronic illness will be flown to India next week to undergo a lung transplant. Nine-year-old Karrar Yaseen Alsari has been suffering from lung cirrhosis since he was two, but his parents have been unabl

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