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Shashi Ruia, co-founder of Essar group, passes away

Essar Group co-founder Shashi Ruia has died after a prolonged illness. He was 80. IMAGE: Shashi Ruia (left) and Ravi Ruia. Photograph: PTI Photo/Rediff Archives Ruia, who co-founded......

Ruias plan to sell another 25% stake in Essar Oil

A preliminary deal for sale of 49 per cent in Essar Oil to Rosneft was signed between the companies in July 2015.  After stitching a deal to sell 49 per cent stake in Essar Oil to Russia's......

Rosneft, two others to buy out Ruias from Essar Oil

At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee. Russian oil major Rosneft, Singapore-based trading firm Trafigura and Russia-based......

Essar Oil plans to sell energy unit

Essar Oil Ltd plans to sell its energy division to Bin Jabr Group Ltd, an Abu Dhabi-based oil and gas service provider. BSE Code:...

Essar Oil completes largest delisting

Group becomes one of India’s largest conglomerates to own assets privately The Essar group on Wednesday became one of the largest privately-owned Indian business entities, with annual......

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