ICICI backs down on Ratna fight with ministry Vol 7, PW 26 (24 Mar 04) People & Policy Essar Oil has moved a step forward towards signing the jinxed PSC for its Ratna and R-series oilfields offshore Mumbai. ... Buy this article forRs590 $9 For a 30-article or annual subscription rates click here RelatedEssar still at war with law ministry over Ratna oilfield (02 Jun 04) Dabhol can resume operations after Mumbai ruling (05 May 04) ICICI backs down on Ratna fight with ministry (24 Mar 04) More delay for Ratna PSC following ICICI letter (19 Nov 03) Ratna PSC imminent as ministry sets terms (30 Jul 03) No Ratna PSC until Essar shows loan with ICICI (09 Oct 02) Meeting on Ratna brings PSC no closer than before (28 Aug 02) Ratna delay as auditor demands access to paperwork (20 Jun 01) Countdown for Essar as ICICI meets oil ministry (20 Dec 00) Finance ministry looks at Essar cash flow (08 Nov 00)