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Prashant Ruia
'Marwari' school of business keeps 3 generations of Ruia family under one roof
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family continue to live under one roof and jointly run the business empire.
17 June 2024, 09:47 IST
'Marwari' school of business keeps 3 generations of Ruia family under one roof
17 June 2024, 09:47 IST
Essar Steel promoters offer Rs 50k cr to clear dues
In a last-ditch effort to retain control over the company, promoters Ruia family Thursday offered to pay lenders of Essar Steel Rs 54,389 crore including Rs 47,507 crore upfront cash payment to clear all dues and pull out the firm from insolvency proceedings.
26 October 2018, 03:23 IST
Essar Steel promoters offer Rs 50k cr to clear dues
26 October 2018, 03:23 IST