The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table. It took 30 trips to Russia over two years for veteran investment banker Rajeev Gupta to bring in the single largest foreign direct investment (FDI) of $12.9 billion when he helped Ruias sell their 98 per cent interest in Essar Oil to Russian oil major Rosneft late last year. The deal included the ... Rediff.com, 6 days ago
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RIL's December quarter performance is likely to be muted, says Amritha Pillay. The Mukesh Ambani-led Reliance Industries Ltd is expected to report a sequentially flat performance for its December 2016 ended quarter due to weaker profitability in the company's petrochemical business, according to analysts. Reliance Industries will announce its financial results for the October-December 2016 period on Monday. The Street will look forward to company guidance on its telecom business and the ...Rediff.com, 1 month ago
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