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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…
3 mins read
Will Reliance Capital lenders get their dues fast or will there be legal delays
With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…
2 mins read
Share of domestic investors in real estate market is rising: Colliers
In India, investment in the office sector accounted for almost half of the total investments in the…
1 min read
Essar has sold Aegis to a Singaporean private investment firm
Essar exits BPO business, sells Aegis to Capital Square Partners
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
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"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…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
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
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
AMNS India parent signs USD 5 bn term loan to refinance Essar Steel acquisition
"AMNS Luxembourg Holding S A (AMNS), the parent company of the AMNS India joint venture between Nip…
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
3 mins read
India’s finance minister touts the success of the country’s recently-implemented bankruptcy code — but it still requires significant improvement
In a post titled, “Two years of insolvency and Bankruptcy Code (IBC),” Jaitley said that as much…
4 mins read
Power Women: ‘Just Do It’ Is The New-age Entrepreneurship Mantra
Because it gives you a different perspective all the time, cheers you up and makes you strong. My i…
1 min read
Essar Oil to sell 49% stake to Rosneft for $3.2 billion
After this move, Rosneft will get a hold in India's second biggest oil refinery and 1,600 petrol pu…
1 min read
Offering loans to clean up bad loans! State-run banks to issue loans worth Rs 30,000 crore to ARCs
According to one of the bankers, a number of loans from infrastructure sector such as power, steel…
2 mins read
Corporate espionage won’t impact RIL, ADAG, Essar, Cairn India & Jubliant Energy investors
Millions of investors of the five energy companies, which have been dragged into the corporate espi…
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
2 mins read
Akasa Air suffers data breach, asks passengers to be conscious of phishing attempts
The airline on Sunday apologised for the data breach and said the incident has been "self-report…
PTI
3 mins read
RBI's moves to boost forex inflows could have an impact on domestic borrowing rates
Reacting to RBI's moves on Wednesday, Emkay Global in a report said: "While these measures to boost…