Ruias
Farewell to the titans: Remembering industry leaders we lost in 2024
From Japan's "100-yen shop" creator to India's architect of modern banking, we remember the industry titans who bid farewell to this world this year
 "Farewell to the titans: Remembering industry leaders we lost in 2024")
Essar Group founder Shashikant Ruia passes away at 81, PM expresses grief
The Essar Group is currently led by his younger brother Ravi and his sons Prashant and Anshuman
 "Essar Group founder Shashikant Ruia passes away at 81, PM expresses grief")
Indian billionaire and Essar Group co-founder Shashi Ruia passes away at 81
Shashi Ruia, who co-founded the Essar Group along with his brother Ravi Ruia, is credited for expanding the company's global footprint
AM/NS India to acquire infra assets from Essar Group for $2.4 billion
The ownership of port assets had been in courts since 2020 after AM/NS India moved the Gujarat High Court
 "AM/NS India to acquire infra assets from Essar Group for $2.4 billion")
Ruias'-promoted Essar to take solar route to build power portfolio
One of the first in its portfolio would be a 87.5 Mw project at Datia in Madhya Pradesh
 "Ruias'-promoted Essar to take solar route to build power portfolio")
25 years of telecom: Boon for India's business tycoons, bane for MNCs
Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses
 "25 years of telecom: Boon for India's business tycoons, bane for MNCs")
Ruias plan comeback, say Essar to re-start investment in India and abroad
Group repaid Rs 1.4 trn debt to banking system over past three years; promoters say it currently generates earnings of Rs one trn a year, mainly from UK refinery
 "Ruias plan comeback, say Essar to re-start investment in India and abroad")
Essar to embark on new phase of investment-led growth: Ruia family
Despite losing Essar Steel in insolvency proceedings, cash flows remain strong, with Rs 1,00,000 crore of revenues from existing businesses
 "Essar to embark on new phase of investment-led growth: Ruia family")
Top 10 biz headlines: Ruias win back Mahan Power, auto cos' GST woes & more
From the Ruias being set to wrest back control of the Mahan Power project to the govt's warning that GST relief for auto cos may raise burden on other goods, here are Thursday's top business headlines
 "Top 10 biz headlines: Ruias win back Mahan Power, auto cos' GST woes & more")
Ruias set to win back control of Mahan Power as ArcelorMittal bid falters
Banks reject L N Mittal's conditional offer
 "Ruias set to win back control of Mahan Power as ArcelorMittal bid falters")
Ruias plan to pay interest, penalty of Rs 35 bn to retain Essar Steel
The company has sought details of payouts from lending banks
 "Ruias plan to pay interest, penalty of Rs 35 bn to retain Essar Steel")
