Essar, built by brothers Shashi and Ravi Ruia, sold Essar Oil to a group backed by Russian oil major Rosneft for about $13 billion in 2017 as part of efforts to raise funds to settle $25 billion ...

When Shashi and Ravi Ruia, two of the most successful businessmen in India, decided to delist Essar Energy from the London Stock Exchange, it took a ruthless approach to get the job done. Rita Lobo ...

Ruia, who co-founded metals-to-technology conglomerate Essar with his brother Ravi, died in Mumbai on November 25, family said in a statement. Essar Energy Transition to build Europe's first ...