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ESSAR PROMOTERS
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...
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...
ArcelorMittal wins bids to take over Essar Steel for Rs 42,000 croreArcelorMittal offered Rs 42,000 cr to settle Essar Steel's debt and a further Rs 8,000 cr of capital infusion.
CBI in HC against acquittal of Essar promoters, 6 others in case arising out of 2G scamOn December 21, last year, a special court had acquitted Essar Group promoters, Loop Telecom Promoters and others in a case arising out of ...
Ruias ready forces for a comeback at Essar SteelThe move will come under fire as the recent IBC amendment aims to stop promoters of such companies from regaining control unless they settl...
Ruias acquitted in 2G scam case; Essar hails verdictPromoters Ravi Ruia and Anshuman Ruia, along with others accused, faced conspiracy and cheating charges under the Indian Penal Code (IPC) f...
Ruias’ Essar Steel revival plan gets Rs 1,500 crore bridge equity from Farallon CapitalThe promoters of Essar Steel are supposed to channel $300 million from the sale of their Essar Oil stake to Rosneft and others into the ste...
Essar Port promoters to acquire shares worth Rs 1,047 croreLast week, Essar Ports had informed BSE regarding proposed voluntarily delisting of the equity shares of the company pursuant to the SEBI (...
Rosneft deal to help Ruias delist Essar companies$35-billion Essar Group is working on a plan to take group firms private following the deal to sell 49 per cent stake in Essar Oil to Rosne...
Essar Oil shares plunge after Roseneft acquires 49% stakeNegotiations on valuation between the two sides are in the final stages, according to people familiar with the matter.
Essar Ports, Essar Shipping spurt as boards approve delistingBoards of directors of Essar Ports & Essar Shipping approved a proposal they received from Essar Shipping & Logistics, to delist shares fro...
Ruias get Board nod to de-list Essar Oil from Indian boursesAfter de-listing Essar Energy plc from London Stock Exchange, they announced their intention to de-list Essar Oil from Indian bourses on Ju...
Essar Oil, Essar Ports crack as promoters deny delisting plansShares of these companies had surged in trade yesterday following media reports that Essar Group was planning to delist all of its publicly...
We're not here to make foes, says ZTE CEO Xu DejunZTE has excellent relationship with the China Development Bank (CDB) and we would be happy if there are some cooperation between CDB and Es...
- Navabharat power acquisition deal legal, legitimate and above board: Essar Power
Essar in a statement said that Navabharat power acquisition deal is legal, legitimate and above board.
- Port of Antwerp Invests Rs 175 crore in Essar Ports
The Ruia family-promoted Essar Ports on Wednesday announced a strategic pact with Belgian company Port of Antwerp International.
- Govt clears Vodafone's stake buy in JV with Essar
The transaction is for transfer of shares of Vodafone Essar from Mauritius based Essar Communications and Essar Com Ltd to Euro Pacific Sec...
- Essar Oil raises $115 mn via FCCB issue
Essar Oil today said that it has procured $115 million of the proposed $300 million it had planned to raise through the issue of bonds to p...
- Essar Shipping buy-back offer fails
Ruias-promoted Essar Shipping today said the buy-back offer driven by Essar Shipping and Logistics Ltd (ESLL), the largest shareholder and ...
- Hutch files caveat fearing legal move
HTIL had agreed to sell its 67 pc stake in the Indian biz to Vodafone, side-stepping Essar.