Essar Shipping Ports & Logistics on Thursday said Ravi Ruia, who is also the Vice-Chairman of Essar Group, has resigned from the company's board with immediate effect due to other commitments.
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Seventeen containers on board amerchant vessel slipped off Okha West and began floating in sea prompting the Gujarat Maritime Board to sound an alert for ships approaching Gulf of Kutch, a major corridor for crude oil imports.
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
More and more corporates are appreciating Mahatma Gandhi's books as gifts.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
A glance back at some important events that occurred in 2018.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
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