Shashi Ruia

Essar official endorses CBI line, says Essar controlled Loop

The statement of CFO of Essar Telecom Businss Group Somasundaram Subramaniam, who was the CEO of BPL Mobile (BMCL) which took over Loop Telecom Private Limited, was recorded before the magistrate on September 9.<br /><br /> <br /><br />

Essar Energy in talks with global cos for oil, gas assets

The company is in talks with oil majors including Exxon Mobil, Chevron, Shell and ConocoPhilips to acquire oil and gas assets in Africa, Latin America and Australia.

CBI is closer to filing its charge-sheet against Loop

The corporate affairs department has backed out of its earlier claim that the Ruias were not linked to Loop. This means the CBI may file a charge-sheet shortly.

Foreign investments worth $100 bn knocking at India's doors: Modi

In the last couple of months, Modi has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.<br />

Ready with red carpet: Modi to woo investors with 'Make in India' pitch today

Various prominent national and international industry leaders are likely to attend the programme to launch the campaign along with Ministers, senior officials, Ambassadors and opinion leaders.<br />

Ambani, Ruia, other India Inc honchos to help Modi kickstart 'Make in India' programme

The campaign is aimed at making India a global manufacturing hub and creating huge employment opportunities in the country, besides boosting trade and economic growth.<br />

Prior business forces Mukesh Ambani to drop out of PM's delegation to Japan

Ambani, who was to be part of a group of industrialists accompanying Modi on his first major bilateral visit, outside the sub-continent, sent regrets

Safaricom, Airtel buy out Essar's Kenyan telecom business for $120 mn

The deal marks the exit of Essar from telecom business having started the process in 2010 with the sale of its telecom tower business to ATC, which was followed by the sale of its 33 per cent stake in Vodafone Essar for $5.2 billion in 2011.<br />

Ambani, Adani, Kalyani to be part of PM Modi's delegation to Japan

Mukesh Ambani, Gautam Adani and 15 other leading industrialists will be part of the delegation with Prime Minister Narendra Modi on his first major bilateral visit, outside the sub-continent, to Japan this week.