15 Billion

India Seeks $15 Billion Fighter Jets In World's Largest Deal

India News | Written by Vishnu Som | Friday April 6, 2018

India is looking to buy more than 100 new fighter jets, the Air Force said in a Request for Information on Friday. The deal, eventually expected to cost upwards of Rs 100,000 crores or about 15 billion dollars, will be the world's largest for fighter jets.

Boeing's F/A-18 Super Hornet In Running For $15 Billion Order From India

India News | Reuters | Thursday March 15, 2018

Boeing Co, considered the frontrunner in the race to supply the Indian navy with new fighter jets, is now in contention for a much bigger $15 billion order after the government abruptly asked the air force to consider the twin-engine planes.

US Approves Possible $15 Billion Sale Of THAAD Missiles To Saudi Arabia

World News | Reuters | Saturday October 7, 2017

The U.S. State Department has approved the possible sale of a THAAD anti-missile defence system to Saudi Arabia at an estimated cost of $15 billion, the Pentagon said on Friday, citing Iran among regional threats.

Alibaba to Invest $15 Billion to Build a Global Logistics Network

Reuters | Tuesday September 26, 2017

The announcement comes as Alibaba is rapidly expanding its e-commerce and logistics network abroad.

Gold Imports Jump Three-Fold To $15 Billion In April-August

Business | Press Trust of India | Sunday September 17, 2017

Surge in gold imports last month contributed to the widening of trade deficit to $11.64 billion as against $7.7 billion in August 2016.

Texas Flood Damage From Hurricane Harvey May Match Katrina: Insurance Group

Business | Thomson Reuters | Monday August 28, 2017

Flood damage in Texas from Hurricane Harvey may equal that from 2005's Hurricane Katrina, the costliest natural disaster in US history, said an insurance research group on Sunday.

US Ready To Help India Modernise Its Military, Says Top US Commander

India News | Press Trust of India | Sunday August 13, 2017

A top American commander has offered the US' help to India to modernise its military, saying that together they can improve India's military capabilities in significant and meaningful ways.

Tata Steel Gets Regulatory Approval For UK Pension Deal

Business | Thomson Reuters | Saturday August 12, 2017

The pension scheme's 15 billion pounds ($19.37 billion) of liabilities appeared to be the main obstacle in the merger talks with Thyssenkrupp, which has been opposed to taking them on.

Billionaire Ex-Oilman Plans First Nonstop World Solar Flight

World News | Yuliya Fedorinova, Bloomberg | Friday May 26, 2017

After building up a $15 billion fortune pumping oil, Viktor Vekselberg is turning to solar for his attempt to win a place in history.

Baahubali And Dangal Aside, Indian Cinema Ready For Reboot: Foreign Media

India News | Jacqueline Thorpe and Siddharth Vikram Philip, Bloomberg | Wednesday May 24, 2017

Baahubali 2 and Dangal are smashing box office records in India and abroad, giving the country's film industry a shot in the arm

After PM Narendra Modi Warned Pak, India Fast-Tracks Kashmir Hydropower Projects

India News | Reuters | Thursday March 16, 2017

India has fast-tracked hydro-power projects worth $15 billion in Kashmir in recent months, according to news agency Reuters, which based its report on three unnamed central and state officials. The acceleration by India ignores warnings from Islamabad that power stations on rivers flowing into Pakistan will disrupt water supplies.

Intel's $15 Billion Purchase of Mobileye Shakes Up Driverless Car Sector

Reuters | Wednesday April 5, 2017

Intel has a mixed record of capitalising on technology outside computer chips.

Intel to Buy Mobileye for $15 Billion to Boost Self-Driving Car Ambitions

Agence France-Presse | Tuesday March 14, 2017

Intel and Mobileye said they expected to combine to become a global leader in "autonomous driving" that could provide the technology at a lower cost.

Havells India To Buy Lloyd Electric's Consumer Business For Rs 1,550 Crore

Business | Thomson Reuters | Sunday February 19, 2017

The deal will help Havells expand its reach into the $15 billion consumer durables market in India which, according to the company, is growing in the double digits.

Siemens Well Placed To Adapt Business In US, Says CEO

Business | Thomson Reuters | Saturday November 26, 2016

Siemens earlier this month said it planned a public listing of its $15 billion healthcare business, its most profitable, and Mr Kaeser told FAZ that there was not much work left to do to make the unit ready for a stock exchange flotation.

Nigeria Expects Oil Output To Jump 22% By End-December

Business | Thomson Reuters | Monday October 17, 2016

Nigerian oil minister Emmanuel Ibe Kachikwu said his country was likely to sign a cash-raising oil deal with India for $15 billion by the end of this year.

Dilip Shanghvi, Man Behind India's Best Stock, Now Faces His Greatest Test

Business | Ari Altstedter, Bloomberg | Thursday October 13, 2016

Both Shanghvi's eye for value and his tenaciousness were exemplified in the 2010 takeover of Israel-based Taro Pharmaceutical Industries Ltd.

Internet Of Things Market To Hit $15 Billion In India By 2020: Report

Business | Press Trust of India | Wednesday October 5, 2016

For instance, with IoT, street lights will automatically go off when they sense no traffic on the roads and, consequently, save power.

Ireland Backs Appeal Against EU Apple Tax Ruling

Agence France-Presse | Thursday September 8, 2016

The parliament voted 93-36 to support the appeal against the ruling that Ireland must collect EUR 13 billion ($15 billion) from Apple.

China Halts Work On $15 Billion Nuclear Waste Project After Protests

World News | Reuters | Wednesday August 10, 2016

A Chinese city has suspended preliminary work on a proposed 100 billion yuan ($15 billion) nuclear waste processing plant following protests by local residents concerned about health risks.

Volkswagen's $15 Billion US Emissions Settlement Gets Early Court Approval

World News | Associated Press | Tuesday July 26, 2016

A $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to a deal that includes an option for owners to have the carmaker buy back their vehicles.

Confident Of Doubling Turnover By 2020: Wipro CEO

Business | Press Trust of India | Wednesday July 20, 2016

Bullish on the "existing market opportunity", Wipro CEO Abidali Z Neemucchwala on Tuedsay said the company is confident of achieving its ambition of doubling its turnover to $15 billion by 2020.

Volkswagen Settles Emissions Cheating Cases For Over $15 Billion

Business | Associated Press | Tuesday June 28, 2016

Volkswagen will spend more than $15 billion to settle consumer lawsuits and government allegations that it cheated on emissions tests in what lawyers are calling the largest auto-related class-action settlement in US history.

Volkswagen's US Diesel Emissions Settlement To Cost $15 Billion: Report

Business | Thomson Reuters | Tuesday June 28, 2016

Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter said.

Volkswagen to Pay Each Vehicle Owner Up to $10,000 Under Emissions Settlement Deal

Associated Press | Tuesday June 28, 2016

Volkswagen would repair or buy back polluting vehicles and pay each owner as much as $10,000 under a $14.7 billion deal the car maker has reached to settle lawsuits stemming from its emissions cheating scandal.

Volkswagen's US Diesel Emissions Settlement To Cost $15 Billion: Source

World News | Reuters | Tuesday June 28, 2016

Volkswagen AG's settlement with nearly 500,000 US diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter said on Monday.

'You Are Meant To Be Watchdog,' Supreme Court Reprimands RBI

Business | Tuesday April 12, 2016

The top court was hearing a petition by activist-lawyer Prashant Bhushan which wants those responsible for bad loans worth at least Rs 1 lakh crore or around $15 billion given by state-run banks to be identified and punished.

UK Steelworkers' Pensions Could Be Slashed Under Tata Plan: Report

Business | Press Trust of India | Sunday April 3, 2016

Tens of thousands of steelworkers in the UK could have their pensions slashed by up to 20 per cent under plans by Tata to wash its hands of the 15 billion pounds British Steel retirement scheme, media reported on Sunday.

Pharma Crusader Dinesh Thakur Takes Drug Regulators to Court

Business | Thomson Reuters | Monday March 7, 2016

One of India's best-known whistleblowers, who exposed dangerous practices in the generic drug industry in 2013, is taking the country's drugs regulators to court, accusing them of failing to enforce rules on drug safety in the $15 billion industry.

$15-Billion Revenues in 4 Years a Goal Grounded in Reality: Wipro CEO

Business | Press Trust of India | Monday February 1, 2016

Abidali Neemuchwala, who took over as Wipro CEO on Monday, said the ambition to double the size and touch revenues of $15 billion with an operating margin of 23 per cent in four years is a goal "grounded in reality".