Vedanta board clears $1.5-billion investment in three businessesAbout $687 million will be invested in Cairn towards increasing volume through additional wells at existing oil fields as well as towards e...
Vedanta’s ESL Steel launches EVs for employees to bring down CO2 emissionsThe Company has been working on various electric and hybrid vehicle solutions. Earlier this year on Republic Day, ESL had launched 40 E-cyc...
Domestic demand for TMT bars to normalise by Oct: ElectrosteelElectrosteel Steels Ltd. (ESL) had exported about 50% of the steel produced in March. However, the export percentage has come down to zero ...
Vedanta aspires to be among top 3 steel players in IndiaVedanta had forayed into steel with takeover of Electrosteel Steels Ltd (ESL) from the NCLT last year.
Electrosteel Steels acquisition led to a turnaround in firm: VedantaESL has achieved an EBIDTA of $ 130-140 per tonne.
Vedanta to set up 4.5 million tonne steel plant in JharkhandThe plant will be part of the company's newly-acquired Electrosteel Steels Ltd (ESL) at Bokaro, Vendanta Resources Chairman Anil Agarwal to...
Vedanta gets management control of Electrosteel SteelsVedanta has deposited Rs 5,320 crore in an escrow account of ESL for 90 per cent equity in the bankrupt alloy maker.
RP submits Vedanta offer for Electrosteel to NCLTThe Committee of Creditors (CoC) approved the Vedanta offer after they met on March 29 to look into the Renaissance Steel's objections to b...
Abhishek Dalmia's group moves NCLT for stay on Electrosteel Steels' insolvency processRenaissance Steel India had submitted a resolution plan for ESL on January 4 to Dhaivat Anjaria, the resolution professional (RP).
NCLT extends time period for Corporate Insolvency Resolution Process for Electrosteel Steels LimitedThe order was passed by the Kolkata Bench of NCLT on December 19, 2017, Electrosteel Steels informed the BSE on Thursday. The scrip rose 0....
Essar Shipping cargo handling up 22% in FY17The company's 14-vessel fleet also grew its capacity utilisation to 94 per cent during the period, up from 80 per cent in the previous fina...
Electrosteel Group: A steel project that became a pipe dreamWhen an Indian maker of manhole covers in New York City casts its net wider in an effort to diversify, it probably never anticipated how ho...
Electrosteel Steels implements CDR packageElectrosteel Steels Ltd (ESL) has said it has implemented the company's Corporate debt restructuring (CDR) package before the stipulated ti...
- Electrosteel Steels to market its products from September12
Initially, ESL plans to focus on the eastern region for marketing its products and gradually increase its marketing base all across the cou...
- Electrosteel joins hands with Chinese major
The company has entered into agreement with Laiwu Steel to commission its state-of-the-art steel pant and to achieve 90% production in a re...
- Subscribe to Electrosteel Steels IPO: Aditya Birla Money
Aditya Birla Money has recommended investors to ‘Subscribe’ to the initial public offering of Electrosteel Steels at the upper price band. ...
- Long-term investors can subscribe to Electrosteel Steels IPO: SPA Capital
SPA Capital has recommended investors with long-term horizon to ‘Subscribe’ to Electrosteel Steels IPO. As compared to its peers, the issue...