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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…

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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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Essar Group targets key role in building market for hydrogen

North-west England's Stanlow oil refinery has stood near the banks of the river Mersey for almost 1…

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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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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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India records 18,930 active COVID-19 cases and 35 fatalities in last 24 hours

The recovery of 14,650 patients in the last 24 hours took the cumulative tally to 4,29,21,977. Cons…

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China unhappy with Vivo raids, says frequent probes 'chill' investor confidence

"The Chinese government has always asked Chinese companies to comply with local laws and regulation…

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Agra, Bengaluru, Chennai and 7 other cities breached the safe pollution limits

Data from 10 cities across India has shown that monthly PM2.5 and PM10 levels during the summer mon…

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Tata Steel and JSW welcome competition from ArcelorMittal after it buys Essar

Presence of more companies in the market will lead to more innovations, quality and R&D act…

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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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Essar signals resuming investment-led growth plan

"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…

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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…

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ArcelorMittal aims to complete Essar Steel acquisition by 2019-end

New Delhi, Nov 19 () Following the Supreme Court verdict on Essar Steel resolution plan, global ste…

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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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Look forward to close Essar Steel acquisition soon: ArcelorMittal

New Delhi, Nov 15 () Global steel giant ArcelorMittal on Friday said it is looking forward to close…

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Essar Ports Oct-Dec cargo volume up 20 pc

New Delhi, Jan 30 () Essar Ports on Thursday reported 20 per cent growth in cargo volumes across fo…

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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…

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3 mins read

Essar Steel, Adani, GAIL, HPCL buy bulk of Reliance gas

New Delhi, Nov 17 () Essar Steel, Adani Group and state-owned GAIL have bought majority of natural …

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Nowhere in the world do bankruptcy cases have a 330-day deadline, says bankruptcy board chief MS Sahoo

The bankruptcy of Essar Steel had put India’s nascent bankruptcy laws to test and the final word on…