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Sale Of Essar Oil Significant For Indian Banking System: Kotak
According to Kotak Institutional Equities, the sale of Essar Group's 'entire' holding in Essar Oil and Vadinar port to Rosneft, Trifugra and UCP will allay the market's concerns about Indian banks' exposure to Essar Group.
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Essar To Sell Oil Arm To Rosneft-Led Group
The deal will see Rosneft, along with its partners Trafigura and United Capital Partners (UCP), pay $10.9 billion for Essar's refining and retail assets.
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Trafigura In Talks To Buy Stake In Essar Oil: Report
Trafigura could also get a stake in Essar's more than 2,000 retail fuel stations, a power plant and the Vadinar port, Bloomberg reported.
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Essar Ports Q1 Net Up By 7% at Rs 99 Crore
Essar Ports has four operational port terminals including the Vizag Iron Ore. Others are Hazira, Vadinar and Paradip.
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Sale Of Essar Oil Significant For Indian Banking System: Kotak
According to Kotak Institutional Equities, the sale of Essar Group's 'entire' holding in Essar Oil and Vadinar port to Rosneft, Trifugra and UCP will allay the market's concerns about Indian banks' exposure to Essar Group.
-
Essar To Sell Oil Arm To Rosneft-Led Group
The deal will see Rosneft, along with its partners Trafigura and United Capital Partners (UCP), pay $10.9 billion for Essar's refining and retail assets.
-
Trafigura In Talks To Buy Stake In Essar Oil: Report
Trafigura could also get a stake in Essar's more than 2,000 retail fuel stations, a power plant and the Vadinar port, Bloomberg reported.
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Essar Ports Q1 Net Up By 7% at Rs 99 Crore
Essar Ports has four operational port terminals including the Vizag Iron Ore. Others are Hazira, Vadinar and Paradip.
