Wednesday, June 19, 2013
Essar Projects secures $90 million contract in Abu Dhabi
The new contracts are from Abu Dhabi Polymers Company (Borouge) and from Abu Dhabi Gas Industries Lt...
Essar Steel gets GASCO approval for supply of pipes
"With this, Essar Steel joins the ranks of few global steel giants and is the only Indian compa...
Port of Antwerp to convert Essar Ports GDS into equity shares
Essar Ports Wednesday said its strategic partner Port of Antwerp International will convert the glob...
Essar Steel's net loss widens to Rs 2,784.94 cr in FY'13
The flagship firm of Essar group had posted a loss of Rs 1,251.56 crore in 2011-12.
Essar Shipping Q4 net plunges 99.91% to Rs 5 lakh
The Essar group company had reported a net profit of Rs 54.98 crore in the January-March quarter of ...
Essar Oilfields reports $14.84 mn profit
Essar Oilfields Services Ltd, the unlisted arm of Essar Shipping, Monday reported net profit of USD ...
Essar Energy Mauritius arm to buy 2.4% stake in Essar Oil
London-listed Essar Energy plc Monday said its Mauritius-based unit will buy 2.41 percent stake in E...
Essar Oil gets bullish on distribution, to add 50 more outlets
That apart, the company is also planning to open at least five outlets owned and operated by it.
Essar Oil posts Rs 200 cr profit in Q4
A near-doubling of refining margins helped country's second largest private refiner Essar Oil clock ...
Forest land to Essar: Guj HC asks Centre to decide in 4 weeks
Gujarat High Court Friday directed the Central Government to decide within four weeks the issue of g...
Court fixes additional 2G spectrum allocation case for July 8
A Delhi court Monday fixed July 8 for further proceedings in the additional 2G spectrum allocation c...
Meeting of industrialists to be held in Bangalore, Hyderabad
The meetings will be held on May 12 and 13 at Bangalore and Hyderabad, respectively.
'Essar group entities, Vodafone,several others facing TP case'
Essar group entities, Vodafone and Bharti Airtel figure in the list of companies which were found to...
New bench commences hearing on Mittal & Ruia's plea in SC
After recusal of two judges, a new Supreme Court bench Thursday commenced hearing on the pleas of Bh...
New bench to hear Mittal & Ruia's plea in SC
Justice S S Nijjar would be the new judge sitting with Chief Justice Altamas Kabir to hear the matte...
Essar Ports Net rises five-fold to Rs 331.6 crore in FY13
Essar Ports today reported a five-fold increase in its consolidated net profit to Rs 331.6 crore for...
Another judge recuses from hearing Mittal & Ruia's plea in SC
Without assigning any reason, Justice Dave, who was part of the bench headed by Chief Justice Altama...
2G case: Mittal, Ruia appear in Delhi court
Bharti Airtel chief Sunil Mittal and Essar Group promoter Ravi Ruia Tuesday appeared before a Delhi ...
SC defers proceedings against Sunil Mittal, Ravi Ruia
A bench headed by Chief Justice Altamas Kabir on Monday said it was extending its order of postponin...
2G case: SC to hear petitions of Sunil Mittal, Ravi Ruia
The Supreme Court will hear the petitions of Sunil Mittal, the chairman of Bharti Airtel and Ravi Ru...
Essar Steel to refinance Rs 20,000-cr debt with $ loan by Sep
Private steel maker Essar Steel is planning to refinance its entire domestic debt of around Rs 20,00...
SC defers proceedings against Ravi Ruia in trial court
The Supreme Court postponed till April 16 the proceedings against Essar Group promoter Ravi Ruia in ...
Ravi Ruia moves SC challenging 2G court's summoning order
A day after Sunil Bharti Mittal, CMD of Bharti Cellular Ltd, got a temporary relief in a graft case ...
Essar Oil completes exit from CDR
India's second-largest private sector refiner said the CDR loan facility has been replaced with a ne...
2G allocation case: Bharti, Essar to challenge court order
"We will fight this charge sheet against Bharti Airtel and Sunil Bharti Mittal, Chairman of Bha...
Essar Energy appoints Deepak Maheshwari as CFO
Maheshwari moves to Essar Energy from Anil Ambani Group firm Reliance Power where he was CFO since 2...
Pvt oil cos may not sell fuel to PSUs if pricing model changes
The Finance Ministry wants petrol and diesel to be priced at a rate they can get in export market, r...
Essar Oil gets environmental clearances for CBM field
Essar Oil Ltd Monday said it has received environmental clearance for its coal bed methane (CBM) gas...
Involuntary bankruptcy case against Trinity Coal filed
The involuntary bankruptcy case against Trinity Coal, which was acquired by the Essar group in 2010 ...
Cabinet may consider Vodafone tax issue next week: Chidambaram
Finance Minister P Chidambaram on Thursday said the Cabinet is likely to take a view on the Rs 11,20...
Essar Steel Minnesota LLC signs deal with ArcelorMittal USA
Essar Steel Minnesota LLC has entered into a long term iron ore pellet off-take agreement with Arcel...
Essar Shipping Q3 net down 63%; co to refinance part of debt
The Ruias-promoted firm had reported a net profit of Rs 48.65 crore during the corresponding quarter...
Minister denies Essar Oil officials were held hostage
West Bengal Industry minister Partha Chatterjee Tuesday denied that Essar Oil officials were held ho...
Essar Ports Q3 net doubles at Rs 90.42 cr
Essar Ports' consolidated net profit more than doubled to Rs 90.42 crore in the third quarter of the...
Essar Oil posts Rs 32 cr profit for Oct-Dec
Essar Oil, India's second largest private oil refiner, plans to raise around USD 2.2 billion in exte...
VGS: Essar, ABG Shipyard, Adanis commit Rs 28K cr investment
First day of the sixth edition of 'Vibrant Gujarat' saw investment commitments of Rs 28,000 crore fr...
Essar to invest 14k cr in Gujarat's port sector, water projects
Of the proposed fresh outlay, he said, Rs 10,000 crore will be invested to develop ports in Hazira a...
25 ports with Rs 11k crore investment to be awarded by March
We want to speed up projects in the sector and will surely award the remaining projects by March,&qu...
Sanovi completes DRM solution implementation for Essar
IT firm Sanovi Technologies Tuesday said it has completed implementation of disaster recovery soluti...
Essar Power synchronises 600 mw unit 1 of Mahan power project
Essar Power Wednesday announced synchronisation of the first 600 mw unit plant of its 1,200 mw Mahan...
Essar Ports commissions 16-mt terminal at Paradip
Essar Ports Monday said it has commissioned its 16 million tonne per annum (MTPA) dry bulk terminal ...
2G case: CBI witness contradicts statement
During recording of the statement, Sangeeta Lakhi, who is associated with a law firm and was also on...
Essar Shipping to convert Rs 800 cr of debt into dollar loans
"We are planning to convert around Rs 800 crore of our rupee loans into dollar debt to pare our...
SC seeks Vodafone's response to IT Dept plea
The Supreme Court Monday sought Vodafone Essar Gujarat Ltd's (VEGL) response to the Income Tax Depar...
Essar Steel supplies plates for subsea tankage project
The tankage project is being executed in the North Sea for Premier Oil by Dry Docks World Dubai.
'Essar Oil has shown interest in setting up project in Bengal'
The company would invest Rs 5,200 crore for the project, Chatterjee told reporters here.
Essar Energy reports 18% rise in core earnings
Essar Energy plc, an India- focused integrated energy company, Monday reported a 18 percent rise in ...
Essar Energy turns around Stanlow refinery
London-listed Essar Energy plc has turned around UK's second largest refinery Stanlow within a year ...
Essar Power commissions second unit of Vadinar P2 project
Essar Power Monday said it has commissioned the second unit of 225 MW of its 510 MW Vadinar Phase 2 ...
Govt to begin 2G telecom spectrum auction on Monday
The government will begin tomorrow the auction for telecom spectrum through which it is hoping to me...
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