Essar Energy exits Kenya Petroleum by selling stake to Kenyan governmentEssar Energy acquired stake in KPRL in July 2009 from Shell Petroleum Company, BP plc and Chevron Global Energy. KPRL will now be 100% owne...
24 Jun, 2016, 08.03 PM IST
Essar Oil UK reports $244 million profitGross revenues for the financial year was $4,992 million, down 34% year-on-year as crude oil price fell 44%
23 May, 2016, 09.06 PM IST
Essar Oil ends 6% up; stock may get delisted post Rosneft dealBillionaire brothers Shashi and Ravi Ruia have agreed to sell a 49 per cent stake in Essar Oil to Russian energy major OAO Rosneft.
10 Jul, 2015, 04.12 PM IST
Mukesh Ambani richest Indian for 8th year; Bill Gates on top globallyGates with a networth $ 79.2 billion tops Forbes Rich List. This is for the 16th time in the past 21 years the software czar is topping the...
03 Mar, 2015, 12.03 AM IST
Rosneft says reaches preliminary oil supply deal with India's EssarRosneft has reached a preliminary agreement to supply India's Essar Group with 10 million tonnes of oil over a 10-year period.
11 Dec, 2014, 06.39 PM IST
Mukesh Ambani drops out of Prime Minister's delegation to JapanAmbani, who was to be part of a group of industrialists accompanying Modi on his first major bilateral visit, sent regrets, government sour...
31 Aug, 2014, 03.33 AM IST
Shashi, Ravi Ruia to sell Aegis BPO's US and Philippines operations for Rs 3,600 croreThe Ruias have entered into exclusive talks with Teleperformance to sell the two overseas operations of Aegis, valued at about 9 times thei...
30 Jun, 2014, 01.01 PM IST
Global billionaire wealth scales new heights; India disappointsThe total wealth of billionaires living in India has dropped to $191.5 billion, even as the overall fortune of the group globally has grown...
04 Mar, 2014, 03.17 PM IST
- Essar Oil exits CDR, starts refinancing rupee loans
The 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...
05 Apr, 2013, 04.03 AM IST
India's billionaire wealth much above country's fiscal deficitAs per the annual list of world's billionaires, published by business magazine Forbes, India has 55 billionaires with a total networth of $...
05 Mar, 2013, 06.01 PM IST
Mukesh Ambani richest Indian with personal wealth of $19.3 bn: ReportAccording to China-based research firm Hurun's inaugural India Rich List, Ambani is followed by the London-based steel baron L N Mittal who...
10 Oct, 2012, 07.10 PM 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
- Mukesh Ambani tops Forbes list of India's richest
According to the Forbes India Rich List, there are 69 billionaires this year, compared to 52 last year.
30 Sep, 2010, 10.53 AM IST
- Essar Energy H1 net drops 28% to $112 million
Essar Energy has suffered a drop in profits for the first half of the year.
20 Aug, 2010, 03.24 AM IST
- Essar's Ravi Ruia relocates to London; to raise $3bn
Ravi 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.
02 Apr, 2010, 04.41 AM IST
- Mumbai among world's top ten billionaire cities: Forbes11 Mar, 2010, 09.12 PM IST
- Ruias' Essar for $ 8-bn London listing: Report
The listing could make it the first Indian company to enter London's main market since Vedanta, 7 yrs ago. Developments you need to track |...
07 Mar, 2010, 04.31 PM IST