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News
Ravi Ruia
Ravi Ruia News
Ravi Ruia
24 Jul 2023
Indian Billionaire Buys London Mansion Worth Rs 1200 Crore And It's Not Ambani
One OF The Most Expensive Deals: The Hanover Lodge mansion overlooking Regent's Park at 150 Park Road was purchased this month by the family office of Ruia, through the sale of the residence's Gibraltar-incorporated holding company.
ArcelorMittal
13 Feb 2018
ArcelorMittal, Russia's VTB Group bid for Essar Steel
Founded by Shashi and Ravi Ruia, Essar Steel was referred to the National Company Law Tribunal last year after accumulating nearly Rs 50,000 crore in debts.
Essar Directors Prashant Ruia
16 Mar 2016
Rosneft to buy 49% stake in Essar Oil
Russia's top oil producer Rosneft today said it has reached a preliminary agreement to buy 49 percent stake in Essar Oil and the deal is likely to be concluded by June
2G spectrum scam
05 Nov 2015
Essar-Loop case: Court allows Ravi Ruia to travel abroad
The court allowed his plea observing that Ruia has earlier been permitted to travel abroad on numerous occasions and has complied with all the conditions imposed upon him.
2G case
15 Oct 2015
2G case: CBI's change of stand led to summoning of Mittal, Ruia, says Court
The "change of stand" by CBI over documents filed with its charge sheet in 2002 surplus spectrum case had led to the summoning of Bharti Cellular Ltd CMD Sunil Bharti Mittal, Essar Group promoter Ravi Ruia and one other as "additional accused" in the case, a special court said Thursday.
Supreme Court
29 Sep 2015
2G Scam: SC junks Essar's plea challenging special court's jurisdiction
The Supreme Court on Tuesday dismissed pleas of Essar Teleholdings Ltd and its promoters challenging the Special CBI court's jurisdiction to hold trial against them in the case arising out of the probe in 2G spectrum scam.
Essar group
10 Jun 2015
Documents filed by Ravi Ruia appear to be "suspect": Court
Essar Group promoter Ravi Ruia has faced the ire of the special 2G court which dismissed his plea seeking permission to travel abroad noting that the documents attached with his application appeared to be "suspect" and he was apparently "hiding appropriate facts".
Essar Steel
27 May 2015
Essar Steel back in black; posts profit of Rs 684 cr in FY15
Ruias-promoted Essar Steel Wednesday posted a net profit of Rs 684 crore for the full fiscal ended March 31, helped by better operating margins, consolidation and higher demand for its value added steel products.
Essar group
25 May 2015
Special court allows Ravi Ruia to travel abroad
Essar Group promoter Ravi Ruia, facing trial in a case arising out of the probe into the 2G spectrum scam, was Monday allowed to travel abroad by a special court, which also cautioned him to "desist" from filing frequent applications in this regard.
Additional spectrum case
12 Jan 2015
Additional spectrum case: Court to hear matter on January 28
The special 2G court on Monday fixed January 28 for hearing the additional spectrum allocation scam case of 2002 after it was informed that the Supreme Court has quashed the order summoning Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia as accused.
2G case
12 Jan 2015
2G case: Special court to hear additional spectrum case Monday
A special 2G court in Delhi will hear the additional spectrum case which was stalled during the rule of the previous NDA government. However, the hearing will be sans Bharti Airtel CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia.
Essar
09 Jan 2015
SC order allays concerns of corporates: Essar
Essar Group Friday said the Supreme Court order setting aside a special court summoning its Vice Chairman Ravi Ruia will "assuage concerns of corporate leaders regarding misuse of judicial processes".
Additional spectrum case
09 Jan 2015
SC quashes summons against Mittal, Ruia in additional spectrum case
In a major relief to Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia, the Supreme Court on Friday set aside the lower court order summoning them as accused in a corruption case related to allocation of additional spectrum during NDA rule in 2002.
spectrum case
09 Jan 2015
Additional spectrum case: Relief to Sunil Mittal, Ravi Ruia
The apex court had on December 4 last year, reserved the verdict after hearing counsel for corporate honchos and the CBI.
spectrum case
09 Jan 2015
SC sets aside lower court order summoning as accused Mittal, Ruia
Bharti and Ruia have been accused in a corruption case related to allocation of additional spectrum during NDA rule in 2002.
spectrum case
09 Jan 2015
SC likely to pronounce verdict on pleas of Mittal, Ruia in spectrum case today
A three-judge bench comprising Chief Justice H L Dattu and justices Madan B Lokur and A K Sikri had reserved the verdict on December 4, last year after hearing counsel for corporate honchos and the CBI.
Essar Oil
10 Dec 2014
Essar Oil to sign 10-year deal with Rosneft to import crude from Russia
Essar Oil will on Thursday sign a 10-year deal to import crude oil from Russia as President Vladimir Putin pushes to deepen energy ties with India to counter to US sanctions.
Special 2G court
10 Dec 2014
Additional spectrum: Hearing against Mittal, Ruia on Jan 12
The special 2G court on Wednesday fixed January 12 for hearing a corruption case related to allocation of additional spectrum during NDA rule in 2002.
Supreme Court
04 Dec 2014
SC reserves verdict on pleas of Mittal, Ruia in spectrum case
The Supreme Court on Thursday reserved its verdict on pleas of Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia against a trial court order summoning them as accused in a corruption case related to allocation of additional spectrum during NDA rule in 2002.
Essar Oil
03 Dec 2014
Essar Oil shares spurt 20% on bourses
Shares of Essar Oil surged 20 percent Wednesday, adding Rs 2,783 crore to its market valuation, in an otherwise flat stock market.
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