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The Indian government is expecting a huge investment boost in these blocks in the coming years.
South African Reserve Bank say the country should exploit the BRICS membership benefits.
A merchant banker said the money will be raised by Tata Steel’s wholly-owned subsidiary ABJA Investment Co.
Gazprom has been experiencing troubles with its profit dropping by 37 per cent last year.
Usmanov, 59, ousted Indian-born steel magnate Lakshmi Mittal from the top spot.
United States Federal officials have accepted Boeing’s revamped battery system, says Boeing.
Russia is currently Europe’s largest internet market with an online audience of 61.3 million.
A UN report said India's economy is likely to grow 6.4 per cent this year.
The Asia-Pacific region has the most members for the sixth year running.
Earlier this year Egypt officially expressed intention to join the BRICS club of emerging markets.
