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Ex-Essar Oil shareholders to get additional Rs 75.48 per share

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 IST

While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Essar to trim 67 per cent of Rs 1.05 trillion debt with Rosneft deal

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 IST

Essar Oil-Rosneft deal bars Ruias from re-entering oil refining in...

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 IST

While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Essar Oil CEO resigns as Rosneft takes over after USD 12.9 billion...

Rosneft and its partners restructured the board of the company, packing it with their representatives.

21 Aug 2017 7:19 PM IST

Sector-wise, oil and gas led in terms of the deal value, followed by financial services.

Merger and acquisition activity to touch $ 56.2 billion

The largest transaction of 2016 was the USD 12.9 billion acquisition of Essar Oil Limited.

23 Feb 2017 4:58 PM IST