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Essar not exiting oil & gas business: Ruia

The exploration and production assets of Essar Oil will not be part of the Rosneft deal and would continue to remain with the Group After striking the deal to sell its oil refinery to Russia's......

Russia's Rosneft-led group acquires Essar Oil for nearly Rs 88,000 crore

Russia’s state-controlled oil giant Rosneft and its partners on Saturday took over India’s second biggest private oil firm Essar Oil in an all-cash deal valued at about $13 billion (Rs......

StanChart shakeup turns screws on India's tycoons

Among India's capital-starved local banks, Essar is viewed as too big to fail, notes Una Galani. A shake-up at Standard Chartered could finally turn the screws on India's tycoons. The......

Oil near three-month high at $113

Brent crude oil traded near three-month highs around $113 per barrel on Monday, buoyed by economic optimism and ahead of a US Federal Reserve meeting and employment data that should show more signs......

Davos: Banks try to put sins behind them

Leaders of the world's largest banks have gone some way to persuading investors that their industry's near-death experience is over, even though the public still don't trust them.However, a recent......
  Web results for Vtb Capital
Russia's UCP may sell Essar stake within 5 years

Russian private investment group United Capital Partners (UCP), which is teaming up with oil giant Rosneft to buy India's Essar Oil in a $12.9... ...
UPDATE 2-Higher demand, prices point to strong Q3 for Russia's steelmakers

* Russian steelmakers hit by weak demand, low prices in 2015 * Market recovery, output levels point to stonger Q3 earnings * But... ...
Russia Buys Essar Oil For $13 Billion In India's Largest FDI Deal Ever!

India's second biggest private oil company is now under Russian control. In what will be the largest FDI deal in the history of the country,... ...
Prashant Ruia

After striking the deal to sell its oil refinery to Russia's Rosneft and partners for $12.9 billion, the debt-laden Essar Group has said it is not... ...
Saudi Bank stress builds as kingdom's cash injection falls short

By Arif Sharif Saudi Arabia has work to do to ease pressure in the kingdom's banking system. The interest rate banks charge one another for... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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