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ESSAR ROSNEFT DEAL
Essar-Rosneft deal: TDP accuses Centre of causing loss to exchequerThe deal was originally signed in October 2016 after Prime Minister Modi and Russian President Vladimir Putin met at a summit in Goa.- Good year for M&As, $54.7-bn deals sealed in 2017Telecom, technology and financial services sectors topped the charts in terms of deal value, stated a recent Mergermarket report.
- Mega Essar-Rosneft deal cheers lenders, boosts companyThe conglomerate has been grappling with debt after an $18-billion spending spree to build power and steel plants and an oil refinery over ...
- Inadequate sowing may push oilseeds price up: Aditi Nayar, ICRA"Till late July, broadly on an overall basis, rainfall was on track although the geographical distribution was not very good but certainly ...
- Essar-Rosneft deal is a major milestone in oil and gas industry: RS Sharma, Former CMD, ONGC"With a new foreign player coming in the refining sector, it will ensure competition for the existing players and the ultimate benefit goes...
- Essar Oil-Rosneft deal concludes; lenders' stocks surgeThe group has completed capital expenditure of Rs 1.2 lakh crore over the last 6 years.
- Ruias strike complex royalty deal with new owners of Essar OilThe Essar-Rosneft deal is believed to be in the final stage. With Essar Oil about to change hands, Ruias are keen to retain their hold on E...
- SBI head says Essar-Rosneft deal to close in JuneRosneft has struggled to close the acquisition because of debts owed by Essar to several Indian banks, having wanted to finalise the deal i...
- LIC demands dues from Essar to give clearance to Rosneft-Essar dealThe state-owned life insurer has spelt out that it would issue a ‘no-objection certificate’ (NoC) for the $13-billion deal only after Essar...
- Why Essar-Rosneft deal may not be a template for India Inc's balance sheet woesEssar has stressed that it specialises in selling assets for the best value and talks about its 33 per cent stake in Vodafone that was sold...
- There are five growth drivers for the economy: Gautam Trivedi, Religare Capital Markets“With respect to PSUs, SBI would be the best bet and of course valuation wise it is very reasonable.”
- ICICI Bank surges 7% on Essar-Rosneft dealFund managers and analysts said the deal is a positive for the shares of Indian banks, whose profits and lending capabilities have been aff...
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