Vadinar Refinery
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Amid Donald Trump's flip flops, Vladimir Putin's visit offers New Delhi a chance to rejuvenate ties with Russia
Tara Kartha •The story doing the rounds in New Delhi’s power corridors is that Moscow is acutely unhappy about the dip in relations in recent years, even while India cosies up to the US.
Essar Oil completes sale of India assets to Rosneft-led consortium for $12.9 bn
Ians •Essar Oil on Monday announced the closure of the company's sale, including its Vadinar refinery, to Russian state-run Rosneft-led consortium for $12.9 billion.
After selling 49% to Rosneft, Ruias to offload another 25% stake in Essar Oil
•The promoters see an enterprise value of Essar Oil of $10 billion
Essar Oil gains 3 percent on completion of Vadinar refinery expansion
Fp Archives •The Rs 8,300-crore expansion of the Vadinar oil refinery in Gujarat will boost Essar Oil's turnover by 30-35 percent and improve margins.