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SHASHI RUIA
Essar Group's cofounder Shashi Ruia passes awayRuia, a first-generation entrepreneur, co-founded Essar with his younger brother Ravi Ruia in 1969. It was a maiden venture to build a brea...- Shashi Ruia, Essar group co-founder, dies at 81Shashi Ruia Passed Away: Indian billionaire Shashi Ruia, co-founder of Essar Group, passed away at 80. Starting in 1969 with a construction...
- How teenager Shashi Ruia rejected study abroad offer to built an empire across 35 nations over five decadesShashi Ruia, co-founder of the Essar Group and a prominent industrialist, passed away at 80. From Essar’s beginnings in 1969, Ruia steered ...
- 'Marwari' school of business keeps 3 generations of Ruia family under one roofEssar, a family-run conglomerate, stands out amidst public feuds among Indian business families. The Ruia family, spanning three generation...
- 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...
- Shashi Ruia imports India's first Tesla, Harsh Goenka asks for a rideThe RPG enterprises chairman shared pictures of the vehicle calling it his 'dream car' on Twitter.
- Essar Oil exits CDR, starts refinancing rupee loansThe company said it has completed the process for exiting CDR loan facility set up in December 2004 to help cover the construction of its V...
- Essar to invest Rs 14,000 crore in Gujarat's port sector, water projects"I am pleased to announce that Essar will invest further Rs 14,000 crore in the port sector and water supply projects," Ruia said.
- Vibrant Gujarat 2013 Jubilant, Essar, Adani commit investments totaling Rs 22,000 croreShashi Ruia of Essar Group committed investments worth Rs 15,000 cr. He said Rs 10,000 crore will be invested in the ports sector while Rs ...
- 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".
- 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...
- FDI inflows could be hit if tax laws are ambiguous: Essar Group Chairman RuiaEssar Group Chairman Shashi Ruia has warned of an adverse impact on FDI inflows in India if its taxation laws remain "ambiguous".
- Essar's Ravi Ruia relocates to London; to raise $3bnRavi Ruia is moving to London to help the group raise $2.5-3 bn by listing Essar Energy Holdings, which owns the group’s oil assets, on LSE.
- Essar to acquire Shree Precoated's steel's biz for Rs 600-crThe Shashi Ruia-controlled Essar Steel, today said that it has entered into an agreement with Shree Precoated Steels to acquire the latter'...
- Essar seeks PM's help for iron ore supplyEssar Steel has sought PM's intervention in getting allocation of 3.5 million tonnes of iron ore reserved by mining giant NMDC for exports.
- Ruia to fund 'The Elders' groupEssar Group Chairman Shashi Ruia joins Richard Branson and Peter Gabriel to fund The Elders group.
- Ruias to stay put in Hutch EssarThe roses sent by Vodafone CEO to the Ruias of Essar group on Valentine’s Day were not wasted.
- 'Essar, Vodafone to continue as partners'Essar has said it would stay put and run the business along with new majority partner Vodafone.
- Essar keen on acquiring Hutch stakeEssar Group Chairman Shashi Ruia said, "It is our company. Why should we do a due diligence".
- Essar’s top guns in fresh talks with HTILEssar vice-chairman Ravi Ruia and director Prashant Ruia have begun a fresh round of talks with Hutchison Telecom International.
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