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 ...
- No cheating case against us: Essar
Promoters of Essar Group told a Delhi court Wednesday that charges of cheating do not apply to them since the government had not found any ...
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...
- 2G scam: 'Essar controlled Loop Telecom during licensing'
Three former top Essar functionaries have said that the group controlled Loop Telecom when it applied for 2G licence.
- Former head of Loop Mobile Somasundram Subramaniam says co was controlled by the Essar group
Somasundram Subramaniam's statement was recorded before a metropolitan magistrate implying that it can be used as evidence by the CBI.
- 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.
- China's market rules not mature for investments by Essar: Ruia
India's multi-sector conglomerate, Essar Group has an open mind in investing in China, but the nation's market rules and regulations are no...
- 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...
- 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.
- Essar uncertain on joining Vodafone
Essar now says it would take a decision in "due course" on its stake in mobile venture Hutch-Essar.
- 'Essar, Vodafone to continue as partners'
Essar has said it would stay put and run the business along with new majority partner Vodafone.
- Sarin holds parleys with Ruias
Vodafone CEO Arun Sarin meets Ruias as part of efforts to woo the Essar Group.
- 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...
- 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...
- Sashi Ruia meets Maran, Chidambaram
Guess who was met finance minister P Chidambaram just minutes after his interaction with Vodafone CEO Arun Sarin? None other than Essar Gro...
- Ruias may offer to buy out Hutchison
Investment Bankers expect Ravi Ruia to meet Li Kashing in Hong Kong in a day or two.
- Upwardly mobile
The Ruias made news this week when they called off the proposed merger of BPL Mobile’s Mumbai business with its joint venture company, Hutc...