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ESSAR STEEL LTD.
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...
- GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savingsGreenLine Mobility Solutions plans a Rs 1,500 crore investment to expand its LNG truck fleet to 10,000 and establish 50 refuelling stations...
- Maharashtra govt clears mega projects of ₹2.56 lakh crore in key sectors like solar, electronics and green energyMaharashtra Chief Minister Devendra Fadnavis approved special incentives for 18 large projects totaling ₹2.56 lakh crore. The investments a...
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- 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...
- AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
- Vedanta unlikely to participate in rebidding of Essar SteelVedanta had submitted an Expression of Interest (EoI) for Essar Steel but did not bid for the bankrupt steel maker which owes over Rs 45,00...
- Numetal buys key pipeline provider, gains edge in race for Essar SteelThe consortium that is believed to be spearheading the Ruia family’s bid to retain Essar Steel, is buying a majority stake in Orissa Slurry...
- Essar Steel, Posco sign pact for supply of flat steel productsThe quality of Essar Steel products is consistent with international products and hence many buyers prefer to have a long-term arrangements...
- Essar Steel reports 47% growth in flat steel productionDuring Q4 ended March 31, 2017 (Q4FY17), Essar Steel recorded an increase of 25% in flat steel production at 1.5 million tonne, against 1.2...
- Essar Steel Minnesota hires debt restructuring advisers: SourcesEssar Steel has hired financial and legal advisers to help it restructure its debt, according to people familiar with the matter.
- Essar Steel eyes $100 million revenue in first year via online marketplaceEssar Steel is also targetting 30% of Essar Hypermart's sales to come from the online marketplace, the company said in a statement.
- Essar Steel-Inox Air Products deal gets CCI green signalFair trade regulator CCI has cleared Essar Steel's proposed sale of a gas plant in Gujarat to Inox Air Products, owing to no adverse compet...
- Essar Steel inks Rs 960 crore pact with Harsco to recover iron from slagRuias-promoted Essar Steel has inked a Rs 960 crore pact ($ 160 million) with Harsco India for recovering iron from slag.
- Essar Steel to commission pellet unit in OdishaBuoyed by its Hazira complex becoming the country's largest single location flat steel maker with 10 mtpa capacity, Essar Steel is set to c...
- Essar Steel to double service centresEssar Steel will almost double its service centres in India to make more customer-friendly steel that would increase sales in the fast-grow...
- Essar Steel, Kobe Steel to manufacture steel sheets for autoEssar Steel said it has inked a memorandum of understanding with Japan-based steel-maker Kobe Steel to manufacture advanced high-strength s...
- Essar Steel to expand its retail chain in KeralaEssar Steel will increase its retail distribution network, Hypermart and Expressmarts in Kerala.
- Essar Steel plans to raise $1 bn from overseas marketEssar Steel, the flagship company of the $15-billion Essar Group, is planning to raise $1 billion (Rs 4,600 crore) from overseas markets to...
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