ESSAR GROUP (SHASHI AND RAVI RUIA)
On the second place stands the Ruia’s of the Essar group owned by Shashi and Ravi Ruia that owes Indian banks around Rs. 1,01,461 crore and the group is looking to sell their assets worth Rs. 50,000 crores which are nearly 50 percent of the entire assets owned by them. The assets include the oil refineries worth Rs. 25,000 crore and 49 percent in their steel plants worth Rs. 25,000 crores, said the sources. — NEXT PAGE —-
