"Till late July, broadly on an overall basis, rainfall was on track although the geographical distribution was not very good but certainly ...

"With a new foreign player coming in the refining sector, it will ensure competition for the existing players and the ultimate benefit goes...

The group has completed capital expenditure of Rs 1.2 lakh crore over the last 6 years.

The 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...

Rosneft has struggled to close the acquisition because of debts owed by Essar to several Indian banks, having wanted to finalise the deal i...

The state-owned life insurer has spelt out that it would issue a ‘no-objection certificate’ (NoC) for the $13-billion deal only after Essar...

Essar 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...

“With respect to PSUs, SBI would be the best bet and of course valuation wise it is very reasonable.”

Fund managers and analysts said the deal is a positive for the shares of Indian banks, whose profits and lending capabilities have been aff...