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Ruias plan to sell another 25% stake in Essar Oil
Ruias plan to sell another 25% stake in Essar Oil. By PTI | Jul 01, 2016, 05.27 AM IST. Post a Comment. READ MORE ON � Rosneft | ONGC Videsh Ltd | Oil India Ltd | Essar Oil. The Ruia family is looking at selling another 25 per cent stake in the company ...
Trafigura Said in Talks for Minority Stake in Essar Refinery  Bloomberg
Trafigura in talks to buy stake in Essar Oil: Bloomberg  Reuters
Essar Power expects to make profits in FY17
Essar Power Gujarat Ltd (EPGL), which owns and operates a 1,200 mw imported coal fired thermal power plant at Salaya in Gujarat meets 9 per cent of the Gujarat's overall power demand.
Rosneft deal: Billionaire Ruia brothers' stake in Essar Oil may fall below 10%
MUMBAI: Billionaire brothers Shashi and Ravi Ruia are likely to end up owning less than 10% of their flagship Essar Oil refinery after selling a controlling stake to Russian energy giant Rosneft PJSC and a smaller one to global commodities trader ...
Putin visit: Essar Oil lenders await Rosneft deal  Times of India
Essar Oil-Rosneft deal likely to escape capital gains tax due to Mauritius treaty
Essar and Rosneft statements on 15 October indicated that shares of the Indian company are being purchased from Essar Energy Holdings Ltd and Oil Bidco (Mauritius) Ltd—companies incorporated and managed under the laws of Mauritius. “The parties ...
Standard Chartered Moving Past India Woes With Essar Payment  Bloomberg
Essar sale signals a push to deal with India banking problems  Financial Times
Russia's Rosneft Leads Group Buying India's Essar Oil
NEW DELHI—Russia's state-controlled oil giant PAO Rosneft is leading a group that is taking over India's Essar Oil Ltd. in a deal valued at up to $7.5 billion, excluding debt, a person familiar with the matter said Friday. Rosneft will buy a 49% stake ...
Rosneft, others to buy 98% of Essar Oil in $13bn deal  Times of India
Rosneft, Trafigura to buy Essar Oil for $12bn
Rosneft, Trafigura Said to Near Deal for $6.5 Billion Refinery
The Indian conglomerate aims to sign a binding deal in the next two weeks to sell 49 percent of Essar Oil Ltd. to Rosneft, according to the people, who asked not to be identified because the information is private.
Essar nears sale of $6.5bn refinery arm to Rosneft  Economic Times
Essar-Rosneft in final talks for $6.5 billion refinery deal  Financial Express
Essar Conglomerate Faces $1 Billion Lawsuit From Minnesota Unit
The lawsuit, filed Wednesday by Essar Steel Minnesota LLC in its chapter 11 case, outlines “a myriad of damaging actions” parent company Essar Global Fund Ltd. allegedly took with respect to the subsidiary. These alleged actions “exacerbated ESML's ...
Top Indian banks seek RBI relief to deal with bad loans of Essar, Bhushan Steel
Some of India's biggest lenders are asking the central bank to ease debt-management rules as they try to restructure about 870 billion rupees ($13 billion) owed by Essar Steel Ltd. and Bhushan Steel Ltd., according to people with knowledge of the matter.
Essar wants incentives for gas production in CBM block
DURGAPUR: Energy major Essar Oil is expecting some incentives for exploration of gas keeping in view challenges and difficulties like deep and ultra deepwater gas production.
Essar Energy to invest additional Rs 1000 cr in Raniganj block  Financial Express
Essar Steel Debt Being Restructured, No Plan To Exit Steel: Prashant Ruia
The Essar Group-Rosneft PJSC deal was the biggest foreign direct investment (FDI) deal in 2016, with the Russian petrochemical giant and two other foreign players agreeing to buy 98 percent in Essar Oil Ltd. for around $13 billion. This sudden gush of ...