Sputnik Photo Agency / Reuters
AFP via Getty Images
The sale of Essar Oil, signed on Saturday, is the biggest foreign acquisition ever in India and Russia's largest outbound deal.
Essar Oil is trading at its highest level in last four years, after news of Russian oil giant OAO Rosneft's interest in buying 49 percent of the company for $1.64 billion. Essar, owned by billionaire...