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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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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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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

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"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…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

2G Case: A Raja’s Statement Recorded

Special CBI Judge OP Saini started the statement recording and said that it was a "direct conversat…

BI India Bureau   


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4 mins read

Tata Teleservices & DoCoMo To Split, Setting Stage For Negotiations Over Valuation

The Japanese company is exiting the Indian telecom venture since it is known to prefer owning a maj…

Economic Times   


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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   


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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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2 mins read

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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2 mins read

Huileng Tan   


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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   


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BC Tripathi joins Essar Exploration & Production Mauritius as non-executive chairman

New Delhi, Jan 14 () Bhuwan Chandra Tripathi, former chairman and managing director of state-owned …

PTI   


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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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Here are the top 10 acquisitions to have happened in India

Following are the top 10 acquisitions that happened in India.

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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…

PTI