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About 903 results for "essar group"

Essar deal with Russia's Rosneft does not violate sanctions by the US
Business Insider India

Rosneft ally in Essar Oil deal says may sell stake in 5 yrs

Reuters MOSCOW Russian private investment group United Capital Partners (UCP), which is teaming up with oil giant Rosneft to buy India's Essar Oil in a $12.9 billion deal, said it may sell its stake within five years. The purchase of Essar Oil, ... Qatar Tribune, 1 day ago

142 images for essar group

Venture Capital Post, 3 days ago, 3 days ago
Business Today India, 3 days ago, 3 days ago, 4 days ago
Business Insider, 3 days ago, 4 days ago
Sify, 5 days ago
Yahoo! India, 4 days ago
International Business Times India, 2 days ago

Standard Chartered may take a hit on Essar loan

Standard Chartered Bank may have to take a haircut on its exposure of more than $3 billion in Essar Global, the group holding company , while the Indian lenders will get their money in full when
 Singapore Star.com3 hours ago StanChart may take a hit on Essar loan  Times of India22 hours ago Standard Chartered's India problem is (half) solved by Essar deal  Livemint.com3 days ago StanChart's $1.3b provision on its Indian loans led to a loss in 2015  The Gulf Today2 days ago

Ruias seek tax exemption for Rosneft deal

MUMBAI: The Rosneft-led group that's taking over Essar Oil in a $13 billion deal has asked the Ruias, whore selling their stake, to get an undertaking from the government that the transaction won't face withholding tax, said people with knowledge of ...
 Economic Times1 day ago
Business Today India

Here is why ICICI Bank stock rose 7% in today's trade

Shares of ICICI Bank, Axis Bank and SBI, three of the biggest lenders to Essar Group, rallied up to 7 per cent intraday after the debt-laden company confirmed it has agreed to sell an oil unit to a consortium led by Russia's Rosneft. The stock of ...
 Business Today India3 days ago Essar Group lenders gain after deal with Rosneft-led consortium  Sify3 days ago ICICI Bank jumps nearly 6% on Essar-Rosneft deal  HT Syndication3 days ago ICICI Bank, SBI, Axis Bank gain after Essar Oil deal with Rosneft-led consortium  Financial Express3 days ago
Financial Express

After inking Rs 85,000 cr deal with Rosneft, Essar to use most of the funds to cut debt

ANALYSTS on Monday termed the R85,000- crore Essar-Rosneft deal positive for lenders as the Essar Group may invest a portion of the cash as equity in Essar Steel or Essar Power to deleverage them. Analysts said the Essar Group will likely to ...
 Financial Express2 days ago Stress But Not Too Much, Part 3  Outlookbusiness.com2 days ago Sale of Essar Oil significant for Indian banking system: Kotak  Money Control3 days ago 'Essar Group is not going to exit oil and gas business'  ZeeNews.com3 days ago

Ruias to shift focus to steel, power

However, sale of Essar Oil will result in a major drop in revenue and profit for the group
 Business Standard2 days ago Rosneft deal to halve debt exposure: Ruias to now focus on steel, ports business  Economic Times3 days ago Essar Oil sale to reduce group revenue by 80%  Smart Investor4 days ago After selling its crown jewel, Essar to scale up biz in steel, power  Hindu Business Line4 days ago
Business Line

Rosneft and Trafigura to spend $13bn to buy Essar Group's refinery unit

Bloomberg/Mumbai India's billionaire Ruia brothers agreed to sell a 98% stake in their refinery unit to Rosneft, Russia's biggest listed oil producer, and a consortium of Trafigura and United Capital Partners for about $13bn. Essar Group will ...
 Gulf Times4 days ago Essar Group to sell US$13bn oil stake  Taipei Times Online4 days ago India's Essar cuts deal with Russia's Rosneft  Business Live South Africa3 days ago Ruias to sell 98% stake in Essar Oil to Rosneft-led group  Business Line5 days ago

Chanda Kochhar explains: How Essar deal will benefit ICICI Bank

The Essar Group has a total debt of about USD 17 billion, with ICICI being one of its largest lenders.
 Money Control3 days ago How Essar-Rosneft deal will help ICICI Bank: Chanda Kochhar  Economic Times3 days ago

Will use Rosneft proceeds to reduce debt by Rs 75K cr: Essar

In an interview with Business Standard Prashant Ruia, Director, Essar Group said that the proceeds from this deal will be used to reduce its debt by Rs 75,000 crore.
 Money Control3 days ago Essar will reduce group debt by Rs 75,000 cr: Prashant Ruia  Smart Investor4 days ago

India Inc asset sales peak in 2016, Essar tops list

The sale of Essar Oil was India’s biggest deleveraging exercise undertaken by any debt-heavy group The sale of Essar Oil and related infrastructure to Rosneft and other partners has created many records. The transaction is India’s biggest FDI inflow, apart from being India’s biggest deleveraging exercise undertaken by any debt-heavy group. In 2016, the sale of assets by Indian corporate sector spiked as economy slowed down and banks became more aggressive in getting their ...
 Rediff.com2 days ago Chart: India Inc asset sales peak in 2016, Essar tops list  Smart Investor3 days ago
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