Business Today

Promoter/group: Shashi (left) and Ravi Ruia/Essar

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Companies: Essar Oil UK, Essar Power, Essar Ports, Essar Projects, Essar Shipping, mining in the US

Lost control of: Essar Steel, Algoma in the US, EPC Constructi­ons India and Essar Power Jharkhand

Peak revenue: $27 billion in 2014/15

Current revenue: $14 billion

Reason for insolvency: Delay in project execution, poor cash flow Insolvency claims admitted: `54,565 crore for Essar Steel Status: ArcelorMit­tal Nippon Steel acquired Essar Steel for `42,000 crore

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