EghtesadOnline: India is inching closer to establishing its presence near the Persian Gulf with billionaires Gautam Adani and Essar group’s Ruia brothers flagging interest in managing terminals at Iran’s Chabahar Port, which India first agreed to develop 14 years ago.

EghtesadOnline: For the billionaire Ruia brothers , who sold their stake in India’s second-largest refinery to Rosneft PJSC and a group led by Trafigura for about $13 billion, the biggest surprise was the number of suitors for the oil processor.