Essar's flat steel production up 58 per cent in Q2 FY17At 81 KT (kilo tonnes), EStIL's PPGI (Pre Painted Galvanised Iron) production was up by 98 per cent as compared to 41 KT produced in the co...
14 Oct, 2016, 04.31 PM IST
Essar Steel India posts 12% rise in gross revenue in Q1Both the pellet plants at Paradip and Vizag are now operational and ensure consistent supply of pellets to the Essar Steel plant in Hazira.
27 Jul, 2016, 07.58 PM IST
Essar Steel expects Hypermart to rake in $1 billion in FY17The retail chain expects to sell 1.5 million tonnes (MT) of steel products in 2017-18, a growth of almost 67 per cent from 0.9 MT sales it ...
26 Jun, 2016, 11.13 AM IST
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.
30 Jul, 2015, 07.32 PM IST
Essar Steel raises $1 billion to dollarise balance sheetEssar Steel raised $1 billion through long term export securitisation to pre-pay existing rupee debt, as it looks to cut down on interest p...
24 Nov, 2014, 05.12 PM IST
Essar Steel to raise $2 bn through pre-export financeThe company said its move to raise funds against confirmed export orders forms part of a strategy to replace rupee loans by dollar denomina...
01 Aug, 2013, 06.20 PM IST
Essar Steel raises $1 bn overseas to lower rupee debtEssar Steel raised $1 bn through ECB to part-retire its rupee- denominated debt to de-risk its balance sheet from fluctuating currency rate...
21 Jun, 2013, 03.14 AM IST
- Essar to list North American steel units?
Ruias of Essar may take their North American steel business for IPO in Canada, or mull other strategic options, as one of India's largest p...
30 May, 2012, 05.38 AM IST
- Essar Steel to expand its retail network to 650
With the infrastructure sector gaining momentum on the back of an economic revival, the company is also eyeing higher sales from its Hyperm...
15 Mar, 2011, 07.02 AM IST
- Essar Hypermart to sell steel online, up its marts in India
In sync with plans to deepen its penetration in retail space, conglomerate Essar Group's retail arm Essar Hypermart today said it would sel...
21 Oct, 2010, 04.55 PM IST
- ESSAR Steels to invest $2.5 billion for expansion
ESSAR Steels is to invest $2.5 billion in its expansion plans, Vikram Amin, executive director (Sales and Marketing) ESSAR Steels said in H...
27 Jan, 2010, 08.08 PM IST
- Decision on Essar Hazira SEZ next week
The fate of the Essar SEZ in Hazira, under finance ministry lens for alleged flouting of SEZ rules, will be decided next week when the boar...
27 Dec, 2007, 04.01 AM IST
- Breather for Essar as law ministry bats for Hazira SEZ
Law ministry has concluded that vacant land would not only include land that is barren but also that which is available with the developer ...
22 Nov, 2007, 05.28 AM IST
- Essar to more than treble retail centres
Leading Indian steel producer Essar Steel is planning to more than treble the number of its retail centres from 90 to 300 in India as well ...
11 Oct, 2007, 07.59 PM IST
- Essar steel's retail venture touches topline of Rs 565 cr
Steelmaker Essar Steel on Tuesday said its retail venture, Essar Steel Hypermart, contributed Rs 565 crore, nearly 20 per cent, to the comp...
18 Sep, 2007, 08.00 PM IST
- Law min to decide fate of Essar SEZ
The decision on a possible derecognition of domestic steel major Essar’s SEZ in Hazira for flouting SEZ rules might finally vest in the han...
28 May, 2007, 03.27 AM IST
- Essar acquires Algoma Steel at $1.58 bn
This acquisition fits in Essar's vision of increasing the footprint
16 Apr, 2007, 08.40 AM IST