Ruia brothers

Ruias to seal $7 billion deal to sell Essar Oil to Rosneft this weekend

Billionaire Ruia brothers are likely to sign this weekend a USD 7 billion deal to sell most of their holding in the flagship Essar Oil Ltd to Russian giant Rosneft PJSC, commodities trader Trafigura Group Pte and some financial investors.

Oct 13, 2016, 18:52 PM IST

Essar Oil shares reverse early gains; slip over 1%

Essar Oil's scrip reversed early gains and ended over 1 percent lower Thursday as the company received approvals from National Stock Exchange (NSE) and BSE to delist its shares.

Jul 30, 2015, 23:14 PM IST