Shashi Ruia, Indian billionaire & Essar group co-founder, dies at 81
Shashi Ruia chose to remain with the Group rather than pursue studies overseas. Shashikant Ruia, the 81-year-old Indian billionaire who co-established Essar Group, has passed away. The Ruia brothers, Shashikant and Ravi Ruia, started their business venture in 1969 when they established Essar group, securing their first contract worth Rs 2.5 crore from the Madras…