The ‘Lean, Clean And Green’ AIIB Is Ready For More Ambitious, Independent Projects

The Asian Infrastructure Investment Bank (AIIB) has been operating for eighteen months, and, contrary to the fears of some Western analysts, the bank has tightly controlled risks, engaging in projects that are sensitive to local politics, social conditions, and the environment. While the AIIB has mainly been working closely with other multilateral development banks, the […]

Rosneft to Close $10 bn Essar Oil, Vadinar Refinery Deal in a Few Weeks

​​ Russian oil major Rosneft on Wednesday said that the company will close $10.9 billion (Rs 72,800 crore) acquisition of Essar Oil and Vadinar refinery within a few weeks. “We are closing the deal of Essar Oil and Vadinar refinery within a few weeks,” said a Rosneft official, president and chairman of Rosneft told the media on the sidelines of Petrotech Summit in New Delhi. This will […]