Rosneft, Essar Oil $13 billion deal to pay way for biggest FDI investment in India
Russian oil giant Rosneft, together with Singapore-based trading firm Trafigura and Russia-based financial investor UCP are likely to acquire 97.4 percent stake in Essar Oil for about USD 13 billion. This transaction is expected to become the biggest foreign direct investment inflow into India.
Oct 14, 2016, 09:50 AM IST