Essar, built by brothers Shashi and Ravi Ruia, has sold some of its assets in sectors such as telecom, oil refining and steel over the years to settle its $25 billion debt
Essar Group has become debt-free, having settled the remainder of its $25 billion debt after the sale of two ports and a power plant to ArcelorMittal Nippon Steel Ltd (AM/NS), the group said today.
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SEOUL — A South Korean court on Monday dismissed a lawsuit filed by 85 victims of wartime forced labor seeking compensation from 16 Japanese firms, saying…