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2 mins read
Essar raises $2.05 bn from sale of ports, power assets; clears $25 bn debt of Indian banks
Essar Ports & Terminals (EPTL) and Essar Power (EPL) concluded the $2.05 billion (₹16,500 c…
2 mins read
Arcelor Mittal Nippon Steel signs ₹19,000 crore deal to buy Essar's port and power assets
Essar on Friday announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) fo…
2 mins read
EXCLUSIVE: New amendment to bankruptcy law has Prashant Ruia’s personal guarantee on its radar
India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…
2 mins read
Industrialist Pawan Ruia arrested on charges of theft of railway equipments in West Bengal
The Railways had filed an FIR with the Dum Dum Police Station after an inspection team found severa…
2 mins read
India's biggest deal worth Rs 72,800 crores: Essar oil sells to Russia's Rosneft
The all-cash deal will give Rosneft and its partners control of Essar's 20 million tonne refinery i…
3 mins read
Know how the Income Tax authorities are creating an obstacle in its bid to sell its Tamil Nadu plant
Nokia's efforts to sell its Chennai plant face another
setback as tax authorities have insisted the…
1 min read
This Indian company could soon be taking over Nokia's Tamil Nadu plant
There is some light at the end of the tunnel for Nokia's mobile phone manufacturing unit in Sriperu…
2 mins read
India Inc leaders, tech titans join Ram temple consecration celebrations
Ambani's oil-to-telecom conglomerate gave all its employees a leave, organised special puja at …
PTI
4 mins read
This Mumbai startup is making tearable laundry sheets, bamboo-based facial tissues and more to replace plastic
Beco claims to be one of the most affordable and sustainable home products companies in India.India…
2 mins read
Yet another gas leak in Andhra Pradesh — 20 workers hospitalised after ammonia gas leak at a dairy unit in Chittoor
It has not even been six months since the Vizag gas leak in Visakhapatnam that claimed the lives …
2 mins read
Tata Sons, Spicejet in the race for Air India, after employees’ consortium was disqualified
After the consortium of Air India employees backed by NRI businessman Laxmi Prasad and his New York…
3 mins read
Essar signals resuming investment-led growth plan
"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…
PTI
1 min read
Essar Projects appoints Arun Kumar Jain as Operating Partner
"We are confident that Jain's experience and leadership track record, which is complemented by a te…
PTI
2 mins read
Three wise men who exited Vodafone India just in time to make millions
Right after the first telecom war cooled off, Vodafone India (before merger with Idea) was bac…
1 min read
Lakshmi Mittal can begin taking over Essar Steel as India's Supreme Court ends the debate on how to distribute the money
The ultimate discretion on distribution of funds was with the Committee of creditors, the SC ord…
3 mins read
Essar to further cut down debt by 70 pc in last leg of deleveraging exercise
Essar said it has made capital investments of over Rs 2 lakh crore (about USD 28 billion) in secto…
PTI
2 mins read
Essar Foundation to provide 1.25 million meals, 1 lakh medical supplies for COVID-19 relief
Stating that the Group plans to do a lot more for the community to play its part in being good cor…
PTI
5 mins read
Top 10 richest persons in India in 2022
Hailing from a variety of industry backgrounds, Indian billionaires have helped build the country’s…
3 mins read
B C Tripathi joins Essar Exploration & Production Mauritius as non-executive chairman
"No functional director of the company including the chief executive who has retired/resigned from…
PTI
1 min read
Pankaj Kalra appointed CFO, Head of Strategy of Essar Exploration & Production
New Delhi, Jan 21 () Ruia-family controlled Essar Global Fund Ltd (EGFL) on Tuesday announced the a…