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ESSAR CAPITAL
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...
Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore projectMesabi Metallics, a proud member of the Essar Group, has successfully garnered USD 150 million in funding from Macquarie Group. This invest...
Students placed across 26 cohorts in IIM Ahmedabad's PGP final placements; Boston Consulting Group emerges top recruiterIIM Ahmedabad has successfully completed its final placement process for the PGP Class of 2026. Students secured positions across 26 divers...
Stanlow Terminals to develop open-access green ammonia import terminalAccording to Stanlow, this new terminal, which will be an expansion of existing facilities, will provide the connecting infrastructure to e...
Essar embarks on new phase of growth, to invest in across energy, steel and mining sectorsIt is looking to set up steel plants in Odisha and Saudi Arabia and a facility to import liquefied natural gas (LNG) at Hazira in Gujarat. ...
Essar Capital to invest Rs 52,000 cr to set up various projects in Odisha: Director Prashant RuiaThe company looks to set up the CTC in partnership with an international player, he said. The industrialist further said Odisha is witnessi...
Essar Capital names Anil Kumar Chaudhary as Chief Executive Officer for metal and mining verticalEssar Capital’s metals and mining business is at an advanced stage of developing and executing projects in India and the US. It is foraying...
Essar, Italy's Eni plan to start production from Vietnamese block in 2024-25Discovered in 2019, Block 114 is the largest hydrocarbon find in South East Asia in two decades and is estimated to hold about 2 billion ba...
Essar Oil UK forms advisory council to bolster corporate governanceThe Council will have barrister Sue Preverzer QC, former president of BHP Billiton Europe John Grant, corporate financer Richard Heald OBE ...
Nayara Energy raises Rs 2,400 crore via bondsNayara, owned by Russia's Rosneft and Trafigura-UCP, saw its Rs 1,500 crore issue being over-subscribed by 60%.
Could’ve been conservative, but in 2008-09 everyone was chasing growth: Prashant RuiaOn Tuesday, the group announced an additional Rs 880-crore payout to minority shareholders of Essar Oil who had tendered shares during a de...
Essar completely exits telecom business after monetising $6 billionThe deal is part of EGFL's strategy to monetise global telecommunications portfolio at a value of over USD 6 billion, the statement said.
Airtel, Safaricom bid for Essar Kenya may be approved by DecemberThe joint bid of Safaricom and Bharti Airtel to buy the telecom business of Essar in Kenya is likely to get the final approval of authoriti...
Essar sells telecom business in Kenya for $ 120 millionThe divestment will see Safaricom take over Essar Telecom's network, IT and office infrastructure while Airtel will acquire the company's s...
Aegis completes sale of US arm to TeleperformanceEssar Group firm Aegis has completed sale of Aegis USA (AUI), its outsourcing arm in the US, the Philippines and Costa Rica, to Teleperform...
- CCI allows merger of India Securities with Essar Capital
Competition watchdog CCI has approved the proposed merger of India Securities (ISL) into Essar Capital (ECL), it said in an order.
- Essar Capital fixes Rs 62 as exit price for India Securities
Essar Capital has fixed an exit price of Rs 62 per share for buying the remaining stake of Essar group-owned India Securities from public s...
- Essar Group successfully closes acquisition of AGC Networks
The Shashi Ruia-led diversified Essar Group today said it has successfully completed the acquisition of AGC Networks
- Essar, Capital Global stake in BPL Mobile falls
The induction of Essar Group in BPL Mobile Communications and the subsequent rejig of its shareholding structure has been rather interestin...