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ROSENEFT ESSAR DEAL
Wall Street banks top mergers and acquisition deal tableBanking on the $12.5 billion acquisition of Essar Oil’s assets by Roseneft, JM Financial and Arpwood Capital made into the top positions of...- Traders see re entering choppy zoneBanks and forex advisors have started alerting corporate clients to buy cheap currency insurance.
- How Jackson Hole may impact rupeeThe rupee is likely to trade in the range of 63.50-65.00 range next few weeks, dealers said. It closed at 64.11 per dollar on Tuesday, a ta...
- Essar Group says non-compete clause with Rosneft only for 3 yearsHowever, in the evening, Essar Group, in a statement, denied the longevity of the non-compete clause and said the clause is for three years...
- Essar Oil to announce closure of $13 billion sale deal with Rosneft todayRosneft, along with Russian private fund United Capital Partners (UCP) and Swiss commodity trading firm Trafigura, are buying 98 per cent i...
- Essar-Rosneft's $13 billion mega deal red-flagged by home ministry and IBGovernment sources tell ET Now that the Home Ministry and IB have objected to the Vadinar Port being a part of this transaction.
- 50% of ICICI Banks’s Essar exposure to get repaid or turn non-Essar exposure: Chanda Kochhar“Corporate groups are now selling prime assets so that it not only helps deleverage but also contributes to their ability to handle the res...
- Prefer largecaps and structural stories: Parag Thakkar, HDFC Securities“Infosys, HCL Tech, Persistent Systems make a lot of sense but you are going against the wind. So you have to buy slowly and gradually on d...
- Russia, India negotiating on more acquisitions projects in hydrocarbons sectorP S Raghavan said Russia considers its reserves as strategic resources and is allowing Indian firms 'extensive exposure' to them in sync wi...
- Rain halts Mumbai, but no stopping Sensex, ends 200 points up, adds 891 for the weekThe S&P BSE Sensex ended the day at 27,316.17, up 200.34 points. The broader 50-share Nifty closed session at 8,224.95, up 50.35 points.
- Sensex surges over 250 points, Nifty hits 8,250; RIL breaches Rs 1,000 markThe S&P BSE Sensex surged over 200 points in intraday trade today. The 50-share Nifty index also reclaimed its crucial psychological level ...
- Nifty zips past 8,200, Sensex gains over 200 points; Essar Oil down 6%The S&P BSE Sensex surged over 200 points in intraday trade today. The 50-share Nifty index also reclaimed its crucial psychological level ...
- Essar Oil rallies 10% on $8 billion worth stake deal with RoseneftEssar Oil will this week sign a final term sheet with Russia’s OAO Rosneft to import 10 million tonnes of crude oil a year for 10 years.
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