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In 2012, the Brazilian government announced tax breaks for carmakers to increase investment in the country.
The Chinese company would hold a majority stake of 80 per cent in the new venture.
Sberbank's net profits for the first seven months of the year totalled 220.3 billion rubles ($6.9 billion).
The plant will start operations in 2015 and is expected to produce 120,000 vehicles a year and employ 2,000 workers.
Huawei announced last month that its sales revenue in the first six months of 2013 reached 113.8 billion yuan ($18.4 billion).
Rajan will replace Duvvuri Subbarao whose term expires in September this year.
Russia’s official aviation development plan is expected to cover the leasing rates of the Canadian planes.
Data shows that Russian citizens are purchasing holiday homes in popular tourist destinations around the world.
Financial institutions including China's central bank sold a net $6.7 billion of foreign currency in June.
Declining car sales in Europe have sent more luxury car-makers to emerging markets like Brazil.
