Ruias shave off 67 per cent of Rs 1.05 trillion group debt with EOL saleEssar Group founder Shashi Ruia said this landmark transaction and the resultant debt reduction usher in a new phase of growth across the g...
21 Aug, 2017, 08.32 PM IST
Lenders set stiff terms for debt recast of Essar SteelThe lenders want 49% in the steel maker and have demanded that the promoter family, the Ruias, give a personal guarantee and invest Rs 2,50...
19 Oct, 2016, 07.56 AM IST
Rosneft to buy $2.4 billion Essar Oil stakeRosneft is offering around $2.4 billion for a 49% stake in Essar Oil, India's second largest refiner, sources directly familiar with the ma...
25 Nov, 2015, 12.39 PM IST
- Essar to list North American steel units?
Ruias of Essar may take their North American steel business for IPO in Canada, or mull other strategic options, as one of India's largest p...
30 May, 2012, 05.38 AM IST
- '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...
19 Dec, 2011, 09.30 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
- Ministry of Corp Affairs contradicts 2009 report on Loop Telecom
The Ministry of Corp Affairs has told DoT that Loop Telecom was not an 'associate' of Essar Group, contradicting its earlier report of 2009.
15 Jun, 2011, 03.59 AM IST
- Ruias invest Rs 1,300 crore in Essar Oil via GDS
The Ruias of Essar Group have injected $293 million in Essar Oil by subscribing to global depository shares (GDS) to part finance its $1.7-...
28 Apr, 2010, 01.56 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
- Vodafone rejects Essar proposal to hike stake in JV
British giant Vodafone is believed to have turned down some of the proposals made by the Ruias-owned Essar group.
24 Feb, 2007, 04.35 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 uncertain on joining Vodafone
Essar now says it would take a decision in "due course" on its stake in mobile venture Hutch-Essar.
15 Feb, 2007, 08.50 PM IST
- 'Essar, Vodafone to continue as partners'
Essar has said it would stay put and run the business along with new majority partner Vodafone.
15 Feb, 2007, 03.45 PM IST
- Arun Sarin expected in India this week
On the heels of clinching a deal to acquire control of Indian mobile venture Hutch-Essar, Vodafone CEO Arun Sarin is expected to visit Indi...
12 Feb, 2007, 03.00 PM IST
- Vodafone CEO expected in India this week
On the heels of clinching a deal to acquire control of Indian mobile venture Hutch-Essar, Vodafone CEO Arun Sarin is expected to visit Indi...
12 Feb, 2007, 02.00 PM IST
- Essar keen on acquiring Hutch stake
Essar Group Chairman Shashi Ruia said, "It is our company. Why should we do a due diligence".
08 Jan, 2007, 06.00 PM IST
- Inside the shadow war over Hutchison Essar
For those who might recall the much-discussed-but-never-confirmed rivalry between the Ambanis and the Ruias (of Essar ) back in the 1990s, ...
18 Dec, 2006, 10.57 AM IST