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ANSHUMAN S. RUIA
How teenager Shashi Ruia rejected study abroad offer to built an empire across 35 nations over five decadesShashi Ruia, co-founder of the Essar Group and a prominent industrialist, passed away at 80. From Essar’s beginnings in 1969, Ruia steered ...- Companies, promoters prefer to play safe for nowTelenor, in joint venture with real estate developer Unitech, was one of the 122 companies whose licences were cancelled after the scam bro...
- Loop telecom likely to restart process seeking damagesArbitration proceedings started overseas by Loop Telecom’s top investor seeking damages of about $1.5 billion and a case filed in a local t...
- 2G Case: Special court to consider charges against Essar, promotersThe special court hearing the 2G case will consider the charges against Essar Teleholdings and its promoters, Ravi and Anshuman Ruia.
- Supreme Court junks Essar's plea challenging Special 2G court's jurisdictionSC dismissed the plea of Essar Teleholdings Ltd challenging the Special CBI court's jurisdiction to hold trial against them in the case in ...
- From Ratan Tata, Anil Ambani to Sunil Mittal: A look at business leaders probed by CBIWhile several industry leaders have been quizzed by the investigative agency, there are others who have been slapped with serious criminal ...
- Morgan Stanley to buy wind energy company Continuum for Rs 1200 crMorgan Stanley Infrastructure Partners, an arm of the US investment bank, has agreed to pay Rs 1,200 crore to buy a majority stake in a win...
- 2G case: Court issues fresh summons against Ruias & Khaitans for February 22Special CBI Judge O P Saini once again issued summonses to them for Feb 22 as they did not appear before him in compliance with the Decembe...
- 'Khaitans paid 700 crore for Loop stake'IP Khaitan Group said it has certified bank documents showing Rs 700 cr investments, sourced from its group businesses, to pick up 98% stak...
- Essar Group & 2G case: Will the Ruia's fight it out successfully?Given that corporate India has never had so many of its senior execs doing the rounds of courts, the Ruias probably have a tougher battle t...
- 2G scam: CBI files charge sheet against Loop Telecom owners & Ravi Ruia, Anshuman Ruia of Essar GroupThe country’s top investigating agency charged five officials of the Essar Group, Loop Telecom with fraud and conspiracy as part of spectru...
- 2G scam: CBI may file charges against Essar promoters, Ravi Ruia & VC Anshuman RuiaCBI concluded that Loop had been funded, controlled and managed by Essar, violating telecom licence conditions.
- Essar Group's new core team to call the shotsEssar gives top officials decision-making powers; move a break from the past when promoters & directors held sway.
- Essar's Ravi Ruia relocates to London; to raise $3bnRavi Ruia is moving to London to help the group raise $2.5-3 bn by listing Essar Energy Holdings, which owns the group’s oil assets, on LSE.
- Essar Power takes debt route for expansionEssar Power has firmed up plans to invest Rs 20,000 crore to scale up its power generation capacity by 4,800 mw to 6,000 mw in three years ...
- Voda Essar puts new team, to phase out Hutch brand soonVodafone CEO Arun Sarin on Friday announced a new 12-member board that will take charge of Vodafone Essar after the acquisition of Hutchiso...
- Sarin arrives today for Hutch integrationVodafone chief executive Arun Sarin is arriving in India on Thursday night to start the integration process after the acquisition of India’...
- Ruias to stay put in Hutch EssarThe roses sent by Vodafone CEO to the Ruias of Essar group on Valentine’s Day were not wasted.
- Essar Chem, Eastman in deal for oxo plant in IndiaEssar Chemicals, part of the Ruias-controlled Essar Group, and the NYSE-listed Eastman Chemical have signed a memorandum of understanding a...
- Upwardly mobileThe Ruias made news this week when they called off the proposed merger of BPL Mobile’s Mumbai business with its joint venture company, Hutc...
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