Bharat Dynamics on Thursday announced that it has signed a Memorandum of Understanding with Tawazun Economic Council (TEC), United Arab Emirates based company for exploring new business opportunities in the field of defence.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
Japan International Cooperation Agency (JICA) signed Japanese ODA Loan Agreements with the Government of India in Delhi, to provide Japanese ODA loans of up to a total of 312.258 billion Yen for 7 projects.