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MAHARASHTRA ESSAR STEEL
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...
Satish Gupta, known for Essar Steel resolution, appointed as RP for Bombay RayonThe Mumbai NCLT replaced Santanu Ray, who was appointed as interim resolution professional (IRP), with Satish Gupta, an order posted on the...
Essar Steel to supply 1 mt steel to Posco Steel India for Rs 5,000 croreThe said volume of steel will be supplied to Posco Maharashtra that houses a 2 million tonne facility in the state.
NCLT defers Essar Steel hearing to December 10The court was supposed to hear as many as 21 applications related Essar Steel resolution on Wednesday.
ArcelorMittal deploys team to oversee Uttam Galva operationsArcelorMittal, the world’s largest steelmaker, became the sole financial creditor of Uttam Galva after paying off outstanding dues of about...
Rebids likely for Essar Steel to ensure IBC complianceVedanta Resources, Tata Steel, Nippon Steel, Numetal and ArcelorMittal are the five entities that submitted expressions of interest for Ess...
JSW not keen on Essar Steel, to focus on Jharkhand and OdishaSaying that it was never keen to bid for Essar Steel, JSW said the group did not even do the due diligence or preliminary site visits to Ha...
SUFI awards the biggest steel companies like JSW and Kalyani SteelsThe Steel Users Federation of India winners were selected by a jury comprising eminent personalities from different walks of life.
Essar Steel Pune unit eyes Rs 3,000 crore turnover in FY17ESPF's capacity utilisation in the current quarter ending June 2016 has already shot up to well over 98 per cent, Sridhar said.
23 steel projects stuck due to green clearanceAs many as 23 steel projects across the country, are stuck due to grant of environment clearance Parliament was informed today.
Essar Steel to merge unit with HypermarketThe new entity's distribution model will expand the retail chain's offering to customised steel from just standard steel plates earlier.
- Essar Power plans foray into distribution business
Essar Power plans to enter the electricity distribution business and has applied for licences in Maharashtra and Bihar.
- 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...
- Essar Steel seeks refund of Rs 366.74 cr from oil PSUs
Essar Steel has filed a fresh application in the Supreme Court seeking refund of around Rs 366.74 crore paid to state-run oil companies in ...
- Steel makers resume full scale ops, increase production level
Domestic steel makers Ispat, Essar and JSW, who had cut metal production last October citing low demand, have now either resumed full scale...
- Steelmakers plan direct sales push to cut prices
Steel majors, such as Tata Steel, Essar Steel and JSW Steel, are aggressively looking at expanding on the retail front to eliminate middlem...
- Govt approves 23 coal blocks
Govt is understood to have approved allocation of 23 coking and non-coking coal blocks to leading steel, cement and power producers, includ...
- 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...
- Dabhol power plant shut again
The Dabhol power plant in Maharashtra has been shut down after gas supplies to the beleaguered project were stopped due to a court order on...
- Manufacturing cos trake a rain break
Heavy rains in Gujarat and parts of Maharashtra have affected manufacturing activities in companies located in these regions, with units ei...