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Sajjan Jindal's JSW entering Essar Steel battle with Numetal?Sources say the cash rich JSW is likely to be a minority investor in the Numetal consortium, but will hold operational control.- Alvarez & Marsal appointed admin for Essar ProjectsEssar Projects and Monnet Power, both privately held, together owe more than Rs 6,000 crore.
- Essar Group says non-compete clause with Rosneft only for 3 yearsHowever, in the evening, Essar Group, in a statement, denied the longevity of the non-compete clause and said the clause is for three years...
- Essar Oil delisting floor price at Rs 108.18; stock up 5%Shares of Essar Oil were locked in upper circuit after the company fixed the floor price of Rs 108.15 for proposed voluntary delisting of s...
- Gujarat companies seek visibility by riding on Narendra Modi bandwagon“The stock of Gujarati business has been rising ever since Modi became India’s 15th prime minister," says Behram Mehta, an industrialist.
- 2G spectrum scam: Loop Telecom moves court for compounding the caseLoop Telecom is first among the accused in the 2G scam to approach the court to settle the case.Special Judge OP Saini will hear the matter...
- Essar Steel front-runner in race for Stemcor India's assetsRuais-promoted Essar Steel is the front-runner to clinch Stemcor India's assets for which at least a dozen domestic and overseas firms, inc...
- 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...
- 2G spectrum scam: Loop Telecom seeks out of court settlement with governmentLoop said in a statement that it "would send out a message to the global investor community that India is not interested in needless litiga...
- Ruias in talks with Voda over put optionAmidst all the tough posturing by Essar, the Ruais are quietly engaged in intense negotiations with Vodafone over the time frame and pricin...
- Hutch wins race for Hindujas' stake in Hutch-EssarHutchison Whampoa has won the race for Hindujas’ 5.1% stake in the Indian mobile telephony major Hutchison Essar.
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