In the last two years the group has returned more than Rs 1,37,000 crore of borrowings, mostly to the Indian banking system.

Banking on the $12.5 billion acquisition of Essar Oil’s assets by Roseneft, JM Financial and Arpwood Capital made into the top positions of...

Banks and forex advisors have started alerting corporate clients to buy cheap currency insurance.

The 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...

However, in the evening, Essar Group, in a statement, denied the longevity of the non-compete clause and said the clause is for three years...

Rosneft, along with Russian private fund United Capital Partners (UCP) and Swiss commodity trading firm Trafigura, are buying 98 per cent i...

Government sources tell ET Now that the Home Ministry and IB have objected to the Vadinar Port being a part of this transaction.

P S Raghavan said Russia considers its reserves as strategic resources and is allowing Indian firms 'extensive exposure' to them in sync wi...

Negotiations on valuation between the two sides are in the final stages, according to people familiar with the matter.

Essar 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.

While ONGC is ranked 22, Reliance Industries and Coal India are placed at 27 and 48 spot, respectively.

Cairn India topped the list of 2012 Platts Top 250 Global Energy Company Rankings for fastest growing cos with a 3-yr CGR of 119.8%.

Falling crude prices and the resultant slide in income from oil sales is forcing Russia to redefine its ties with oil exporters' cartel OPE...

Oil and Natural Gas Corporation Ltd (ONGC) has proposed a joint venture with Russia's Roseneft and Gazprom for exploration of oil and gas i...

ONGC has drawn up a two-pronged strategy to pick up a stake in Russia’s largest oil company Rosneft, which is all set to draw the curtains ...

ONGC is on the prowl again. And this time it is looking north for making some strategic investments in the Russian oil empire.

Russia on Wednesday welcomed the interest shown by Indian oil companies to participate in more projects in the country and expressed hope t...