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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…

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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…

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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…

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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…

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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…

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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…

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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 …

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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"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…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   


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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   


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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…

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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…

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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   


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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   


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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…

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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…

PTI