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Latest Articles in prashant ruia

Operation Deleverage: Essar’s Pain To Sell Its Crown Jewel Is Corporate System’s Gain

Marked as India’s largest inbound foreign direct investment, the deal gives Russia’s biggest oil producer and one of the world’s largest commodity traders access to a global demand centre in Asia while helping Essar Group reduce its debt by about $11 billion and shift focus to its struggling steel business

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Deal With Rosneft Is US Sanctions-compliant, Says Essar Group CEO Prashant Ruia

The $12.9 billion sale of India's Essar Oil to a group led by Russia's Rosneft does not run foul of US sanctions imposed against the majority state-owned Russian energy firm, parent Essar Group's CEO said

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