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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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3 mins read

Essar Oil UK to build carbon capture facility

Essar Oil UK Limited has announced its plan to build a 360 million-pound major new carbon capture p…

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ArcelorMittal's $6.1 billion bid for Essar Steel is on hold again

A bench headed by Justice Rohinton F. Nariman admitted the appeals by Essar Steel lenders …

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Stopped Russian imports in April says Essar Oil

Essar Oil (UK) Ltd said on Wednesday that it closed the first quarter ended June 30 with higher sal…

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1 min read

LIC wants Essar to clear all dues to give NOC to its deal with Rosneft

Now that LIC has taken a stand, it remains to be seen whether the all-cash transaction gets all the…

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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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ArcelorMittal submits a higher bid for bankrupt Essar Steel but on one condition

A fresh round of bidding for the indebted Essar Steel - which was one of the first 12 accounts iden…

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India’s steel industry is set for a shakeup after ArcelorMittal finally emerges as the winning bidder for Essar Steel

The decision caps an eight-month long saga which saw the company vy for the prized assets of …

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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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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 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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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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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   


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Essar Ports completes work on passenger ferry terminal at Hazira

New Delhi, Nov 15 () Essar Ports on Friday said it has completed work on a passenger ferry terminal…

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Show-cause notices to Essar Power and Monnet Ispat over unpaid dues

Both companies will get a show-cause notice, asking them why their proportionate bank guarantees sh…