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About 22 results for "shashi ruia"

Russia's Rosneft confirms intention buy 49% stake in Essar Oil

Russian state-owned oil major Rosneft has confirmed its intention to buy 49 per cent equity of Shashi-Ravi Ruia-owned Essar Oil. According to a press statement on the Rosneft website, the Russian company will also start deliveries of crude oil to Essar later ... Business Line, 2 months ago

Essar Oil UK reports $244 million profit

MUMBAI: Essar Oil (UK), which owns and operates the Stanlow Refinery in UK , reported net profit of $ 244 million in the year ended March, as against $ 70 million a year ago, the company said Monday. Gross revenues for the financial year was ...
 Economic Times5 days ago Essar Oil plays the 'made in UK card' to gain retail market share  Economic Times1 month ago
Deccan Chronicle

Unique aspects that make 'Baniyas' experts in the trading domain

Baniya is a word that has become very common in our everyday usage. Heard mostly in the markets, the word baniya is associated with traders or the business-class people who are typically experts in number-crunching activities and trading. The Baniya ...
 Deccan Chronicle5 days ago
Hindu Business Line

Coal importers under DRI scanner

The Finance Ministry and the Directorate of Revenue Intelligence (DRI) have stepped up investigations into the alleged over-invoicing of coal imports by 40 companies´ both in the public and private sector ´ to the tune of Rs 35,000 crore. The ...
 Indian Cement Review1 week ago Forty coal importers under theDRI scanner for over-invoicing  Hindu Business Line1 month ago Forty coal importers under the DRI scanner for over-invoicing  Hindu Business Line1 month ago

Raghuram Rajan Cracks The Whip On Increasing Debts, Corporates And Banks Fall In Line

The big corporate houses of India are practising a strange phenomenon of exhibiting growth in the backdrop of a mountain of debts backed by mainly the public sector banks. With Mallya on the run and bad loans reaching to epic proportion, the RBI ...
 The Logical Indian2 weeks ago
The Hindu

The biggest-ever fire sale of Indian corporate assets has begun, to tide over bad loans crisis

For sale tags on airports, roads, ports, steel plants, cement units, refineries, corporate park, among others, are visible. We are seeing what is effectively India Inc.'s biggest ever fire sale. It's even bigger than the government's planned ...
 The Hindu2 weeks ago

New Delhi's Lutyens Bungalow Zone to shrink in size

NEW DELHI: New Delhi's Lutyens Bungalow Zone — arguably India's most privileged urban enclave — is set to shrink, and the country's capital will witness a real estate paradigm shift. Lutyens Bungalow Zone (LBZ) houses the country's political ...
 Economic Times1 month ago

Essar to sell residential project in Bengaluru for Rs 300 crore

BENGALURU: Essar said it will sell an upscale residential project in Bengaluru to city-based SNN Builders for Rs 300 crore in cash as it looks to move away from its non-core businesses. The deal, which will be an upfront payment, comes less than ...
 Times of India1 month ago
Livemint.com

Essar Steel said to draw takeover interest from Tata Steel, JSW Steel

Suitors may offer to pay no equity value for Essar Steel, given its level of indebtedness, according to sources Mumbai/Singapore: Essar Steel India Ltd, grappling with about Rs.44,000 crore in debt amid an industry downturn, has drawn takeover ...
 Livemint.com2 months ago Billionaire Ruias' Steel Arm Said to Draw Tata, JSW Interest  Bloomberg2 months ago

Rosneft deal for stake in India's Essar debt-heavy

EPA/MIKHAIL KLIMENTYEV/RIA NOVOSTI/KREMLIN POOL Rosneft Chairman Igor Sechin (L) shakes hands with the Essar Group founder Shashi Ruia (R) during a signing ceremony in the presence of Russian President Vladimir Putin (C) in New Delhi, India, ...
 New Europe2 months ago
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