Rosneft-Essar Deal – A New Beginning For Indian Refining Industry..

The buyout of Essar Oil (98% stake) by Rosneft and its partners at a total value of nearly $ 13 bn is a landmark deal which opens up a whole new market for the buyer. The Essar refinery and its retails outlets would become the first to be run by foreign operators and can change the … Continue reading Rosneft-Essar Deal – A New Beginning For Indian Refining Industry..
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Sick PSUs – Way forward…

The initiation of discussion on closure/revival of sick PSUs over last few months has brought a chronic issue back on the agenda. The exercise has the potential to considerably reduce the drain on government funds estimated at over one lakh crore so far and unlock blocked government resources in the form of land and other valuable … Continue reading Sick PSUs – Way forward…
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