China Development Bank

China Development Bank withdraws insolvency petition against RCom

A lawyer for CDB told the National Company Law Tribunal that the Chinese bank had filed to withdraw the petition. The tribunal allowed CDB's plea to go forward.

China Development Bank says talks with indebted Reliance Communications underway

Any progress will be disclosed in the near future, the Chinese bank told Reuters late Thursday in response to a request for comment on the Indian carrier's debt-reduction plan.

Deutsche Bank to support China's 'Belt and Road'

"CDB and Deutsche Bank agreed to work together over the next five years with an aim of supporting projects worth USD 3.0 billion," the group said in a statement, published as Chinese premier Li Keqiang visits Berlin.

Investors to PBoC: Can we have some more?

"The PBoC has come across hesitant and reactive. Policy easing has followed rather than pre-empted the pullback in the economy as well as asset markets," said Vishnu Varathan, senior economist at Mizuho Bank.

China to invest nearly $900 billion in Silk Road projects

China will invest nearly USD 900 billion in economic corridors along the mega Silk Road and Maritime Silk Road initiatives with funds including from the newly-floated AIIB bank.

China's Li brings investment boost to struggling Brazil

On his first official trip to Latin America, Li saw a raft of agreements signed, ranging from a USD 1 billion purchase of passenger jets made by Brazil's Embraer to the lifting of an import ban on Brazilian beef and a long-discussed plan to build a railroad over the Andes to the Pacific.

Airtel clinches $2.5 bn Chinese financing deals

In March 2015, Bharti Airtel announced a strategic collaboration with China Mobile, under which the two companies will work towards growth of the Long-Term Evolution (LTE) ecosystem and evolving mobile technology standards. Bharti Airtel also has network equipment sourcing agreements with ZTE and Huawei.

Essar Oil to ink MoU with Chinese bank

During Chinese Prime Minister Li Keqiang's visit to Mumbai, Essar Oil Ltd is likely to sign a MoU for up to USD 1 billion loan deal with a Chinese bank.

Lanco Infra to raise USD 2bn from Chinese banks, FIs

Infrastructure company Lanco Infratech has entered into a memorandum of understanding with state-owned China Development Bank to arrange USD 2 billion debt for its Anpara Phase II and Himawat power projects, each having a generating capacity of 2x660mw.

Rel Comm ties up refinancing for FCCB redemptions

Reliance Communications has tied up refinancing for FCCB redemptions of USD 1.18 billion, reports CNBC-TV18.

Reliance Comm in loan talks with China's CDB

Reliance Communications , which has a USD 925 million convertible bond maturing in March and has failed so far in efforts to sell its tower unit, is in talks with China Development Bank for a loan to redeem the bond.

We generate free cash flow of Rs 1200-1500 cr/qtr: Rel Comm

Syed Safawi, CEO-wireless business, Reliance Communication joins CNBC-TV18 to talk about the performance of the company and highlight the way forward.

China trade momentum softens in face of global woes

China's trade surplus narrowed in September for a second straight month as growth of exports and imports both pulled back, reflecting global economic weakness and domestic cooling, and giving Beijing ammunition to resist US pressure to allow the yuan to rise more quickly.