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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

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…

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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…

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1 min read

Essar has sold Aegis to a Singaporean private investment firm

Essar exits BPO business, sells Aegis to Capital Square Partners

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"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…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


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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   


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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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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…

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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…

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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…

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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…

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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…

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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…