ArcelorMittal files contempt pleas against Essar entities in Bombay High CourtArcelorMittal is seeking a refundable security deposit that the erstwhile Essar Steel had paid to these two companies and were payable upon...
ArcelorMittal Case: HC dismisses 2 Ruia Cos’ plea against ruling to deposit ₹82 crIn the case, the two firms, Essar House and Essar Services India, had received ₹35 crore and ₹47 crore, respectively, from Essar Steel as s...
Bombay High Court directs two Essar firms to deposit over Rs 82 crore over ArcelorMittal suitArcelorMittal (formerly Essar Steel) had approached the court for urgent protective interim orders before the commencement of arbitration p...
Essar in talks with Russia’s VTB to refinance $3.5 billion loansStandard Chartered Bank, which was among the most aggressive lenders for industrial houses, is believed to be having more than $3 billion e...
Bombay High Court accepts Essar's affidavit against NGO GreenpeaceEssar House alleges in the affidavit that the campaign carried out by Greenpeace India against it was "motivated, controlled and instigated...
Essar may raise $3.5 billion by stake sale in restructured refinery businessEssar Group is said to be in talks with two Chinese oil & gas majors for the deal. Stanlow Refinery will be monetised in the transaction, a...
Campaign by Greenpeace India is motivated: Essar tells Bombay High CourtEssar filed a defamation suit against Greenpeace and others in the High Court after the volunteers of the latter unfurled a huge banner.
Essar Oil gets shareholder nod for acquiring Vadinar PowerEssar Oil’s shareholders have accepted the proposal to acquire a group company and making investments in another at its extraordinary gener...
Bombay HC sees red in Greenpeace act against Essar Group; seeks explanationThe Bombay HC asked Greenpeace India to remove from its websites, posters, leaflets and pamphlets the alleged defamatory content against Es...
CLSA Mauritius sells stake in Essar Ports, Essar ShippingForeign fund house CLSA Mauritius Ltd today sold shares in two firms -- Essar Ports and Essar Shipping -- in deals worth over Rs 33 crore.
Investor group questions Essar Oil-promoter co dealThe transaction relates to the transfer of tax liability worth thousands of crores from Essar Oil to Essar House and its subsequent reversa...
- Essar & Loop case arguments to begin from May 3
A Delhi court today fixed May 3 for the commencement of arguments on the framing of charges in the case arising out of the 2G spectrum allo...
- Essar Group shifts key functions to Bandra Kurla Complex to cut costs
Essar Group has shifted its major business functions to a newlyacquired , 4-lakh square feet office near Bandra Kurla Complex in an effort ...
Essar Group & 2G case: Will the Ruia's fight it out successfully?Given that corporate India has never had so many of its senior execs doing the rounds of courts, the Ruias probably have a tougher battle t...
- Essar's Ravi Ruia relocates to London; to raise $3bn
Ravi Ruia is moving to London to help the group raise $2.5-3 bn by listing Essar Energy Holdings, which owns the group’s oil assets, on LSE.
- Essar acquires Peninsula Land’s Kurla project for Rs 1,200 cr
In the largest commercial property deal in India, the Essar Group has acquired Peninsula Land’s (PLL) Kurla commercial project for about Rs...
- Voda Essar puts new team, to phase out Hutch brand soon
Vodafone CEO Arun Sarin on Friday announced a new 12-member board that will take charge of Vodafone Essar after the acquisition of Hutchiso...