Indian conglomerate Essar plans regional hub in Saudi ArabiaIndian conglomerate Essar Group is planning to make Saudi Arabia a hub for its expansion in the region. The group, led by CEO Prashant Ruia...
25 Oct, 2023, 08.41 PM IST
Essar signals resuming investment-led growth planThe Essar Group has indicated that it is "poised to embark on a new phase of growth while driving growth in its existing portfolio." Essar ...
23 Feb, 2020, 12.08 PM IST
Lenders go all out to recover Essar Steel loans, to invoke Ruias’ personal guaranteesEssar Steel faces claims of Rs 49,138 cr from financial creditors. SBI accounts for the largest share of Rs 13,131 cr, followed by IDBI Ban...
05 Feb, 2018, 01.59 PM IST
To us the Rosneft deal signifies our ability to build assets: Prashant Ruia, Essar Group"Our total debt reduction is about Rs 70,000 crores of which nearly Rs 50,000 crores goes to the Indian banks and the rest goes to the inte...
23 Aug, 2017, 10.20 AM IST
Gap between capacity, demand issue in steel sector: Prashant Ruia of EssarWe have obviously been one of the companies which has benefitted along with the rest of the industry in the pickup in demand which was earl...
17 Feb, 2017, 04.43 PM IST
This $13 billion deal will be one of the largest ever deleveraging in history of companies: Prashant Ruia"Everybody in the family as well as the rest of the group was also involved for more than two decades in the business," Essar Group Directo...
17 Oct, 2016, 07.43 PM IST
Russia's Rosneft to buy 49% stake in Essar OilRosneft has concluded due diligence of Essar Oil, which operates the country's second biggest private sector oil refinery at Vadinar in Guj...
16 Mar, 2016, 06.40 PM IST
Ruias to reduce family presence on company boardsThis would be one of the rare occasions within Indian business families, where the promoters will opt for the role of an "active investor".
04 Jun, 2012, 08.00 AM IST
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...
18 Dec, 2011, 10.38 AM IST
- Essar eyes Indonesia, Australia resources to meet domestic demand
Essar is seeking to expand by acquiring more coal, iron ore assets in Indonesia , Australia and Africa to meet domestic Indian needsfor res...
13 Jun, 2011, 07.39 AM IST
- 2G scam: SC to hear plea of bringing Ambani, Ruia, Tata in probe
The Supreme Court will hear tomorrow the plea of bringing corporate czars like Reliance Telecom Chairman Anil Ambani, Essar's CEO Prashant ...
02 May, 2011, 07.40 PM IST
- CBI questions Essar's Prashant Ruia
Official sources pointed out that the investigating agency is in the process of consulting legal experts to find out whether Ambani can be ...
18 Feb, 2011, 01.58 AM IST
- Investors betting on India despite crisis in EU: Prashant Ruia, Essar Energy
Hours after Essar Energy, the newly-listed company on the London Stock Exchange was included in the FTSE 100, Prashant Ruia, vice-chairman ...
11 Jun, 2010, 06.41 AM IST
- Essar raises $1.27 bn; Biggest offer to hit LSE since ‘07
At about Rs 8,400 crore, this makes it India Inc’s largest ever overseas listing, and the biggest IPO to hit the London Stock Exchange sinc...
01 May, 2010, 04.54 AM IST
- Essar Global may invest $6b in steel capacity expansion
Essar Global, the Ruias’ international holding company, is expected to invest over $6 billion over the next five years to increase steelmak...
23 Jun, 2007, 04.32 AM IST
- Ruias to stay put in Hutch Essar
The roses sent by Vodafone CEO to the Ruias of Essar group on Valentine’s Day were not wasted.
16 Feb, 2007, 01.48 AM IST
- Essar’s top guns in fresh talks with HTIL
Essar vice-chairman Ravi Ruia and director Prashant Ruia have begun a fresh round of talks with Hutchison Telecom International.
04 Jan, 2007, 01.03 AM IST