Essar Group, Rosneft to Sign 10-Year Oil Deal: Report

New Delhi: Essar Group will sign a long-term crude oil import deal with Russia's Rosneft during President Vladimir Putin's visit to New Delhi on Thursday, government and industry sources said on Wednesday. "Essar will sign a MoU (memorandum of understanding) with them (Rosneft)," two Indian government sources said. "The deal will be for 10 years," an industry source familiar with the matter said. Essar Group operates the 405,...