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Essar Energy Acquisition

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Russia remains India's top defence partner, says Modi

Prime Minister Narendra Modi and Russian President Vladimir Putin during their joint press conference. Photograph: PTI photo Russia will build at least 12 nuclear reactors in India by 2035 and......

Events that shaped Indian businesses in 2024

Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in......

'Marwari' school of business keeps 3 generations of Ruia family under one roof

Indian family-run business houses have in recent years seen ugly public spats between owners over control. Image: Shashi Ruia (left) and Ravi Ruia. Photograph: PTI Photo from the Rediff Archives......

Adani Power revives old ambitions as power demand surges in India

At present, the largest power producer in the country is NTPC with 75 Gw capacity and the largest private sector player is Adani Power, with Tata Power a close second. Photograph: Amir......

Essar Energy to list on London Stock Exchange

Ruias-led Essar Group on Thursday announced that it will launch its first share sale offer, the largest by an Indian entity, of its energy businesses to raise up to $3 billion (over Rs 13,500......

'2013 to be year of consolidation for Essar Energy'

Last year, the Ruias-promoted Essar Energy completed some of its major growth projects in the energy space. Though there were concerns on the regulatory front, some of the company's power plants......

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