The government is selling all of its 53 per cent stake in BPCL in the country's biggest privatisation plan.
05 Feb 2020 1:04 PM
This is additional payout over and above price of Rs 262.80 per share paid to shareholders at the time of delisting.
22 Aug 2017 4:46 PM
Rosneft will pay a royalty to Essar Group for using brand name of Essar Oil at over 3,500 petrol pumps.
22 Aug 2017 9:45 AM
Essar Group director Prashant Ruia described debt reduction of Rs 70,400 crore as largest in history of corporate India.
21 Aug 2017 8:51 PM
However, the Ruias will continue to run their refinery in Britain wherein they has 9 million tonne facility at Stanlow.
21 Aug 2017 8:02 PM
Rosneft and its partners restructured the board of the company, packing it with their representatives.
21 Aug 2017 7:19 PM
Essar Oil-Rosneft deal is the largest foreign direct investment (FDI) into the country till date.
21 Aug 2017 12:12 PM
A Moscow cyber security firm, Group-IB, said it appeared to be a coordinated attack simultaneously targeting victims in Russia and Ukraine.
27 Jun 2017 9:09 PM
Security agencies raise objections over inclusion of Vadinar port in sellout agreement.
24 Jun 2017 9:32 AM
The sale involves the Ruias almost exiting its cash cow in favour of Russian giant Rosneft and a consortium led by Trafigura-UCP.
23 Jun 2017 2:01 PM
Rosneft will hold 49 per cent stake; deal will allow Rosneft to increase oil refining output by 20 per cent.
22 Jun 2017 4:55 PM