Category: Sistema

New bilateral investment treaties will help India avoid arbitration

NEW DELHI: Bilateral investment treaties that the government will enter into from now on will have a provision preventing foreign investors to drag India to arbitration on any issues that have been settled by a judicial authority. Wiser from being dragged to arbitration in numerous cases, such as the Vodafone...

UPDATE 1–Russia’s Sistema to review portfolio after “challenging” year

* Sistema’s Q3 net income down 71.5 percent * CEO says reporting period “most challenging” (Recasts, adds detail, CEO quotes) Nov 27 (Reuters) – Russian conglomerate Sistema is reviewing its costs, portfolio of investments and future plans, it said on Thursday, after a drop in profits and a “challenging” year...