The reshuffle will possibly involve appointment of at least two senior group executives from India to assist current Essar Africa head Fird...

Essar Africa Holdings and the government of Zimbabwe formed two joint venture companies to acquire all the steel and mining related assets

Ruias-promoted Essar Group today said the Zimbabwe government's move will help it fast track the USD 390-million revival plan of the ailing...

This development closes the transaction process that Essar started in August 2010, with a public tender through Essar Africa, for the major...

Essar said it has completed the acquisition of ZISCO with a commitment of $750 mn and would take over all liabilities of the company and Zi...

The Essar Group is to undertake resuscitation work at Zisco, including realigning blast furnaces and repairing coke ovens.

Essar group has reached a deal to acquire majority stake in ZISCO and would invest an $750 mn for revival of African nation's state-run ste...

Ruias-led Essar Steel on Monday said it will formalise its partnership with Kobe of Japan into a joint venture agreement for producing auto...

Essar Energy of Mauritius will buy 60% of state-owned Zimbabwe Iron and Steel, reported the Zimbabwe Independent, without saying where it g...

Tata Steel’s fight with Brazil’s CSN for control of Anglo-Dutch steelmaker Corus in 2007 was one of the last major fights that an Indian co...

NMDC is keen on picking up 10% equity in Australian mining firm Riversdale Mining, in which Tata Steel also has 19.38% stakeholding.

African steel firm rejected JSPL’s earlier bid as it felt the Indian company was too big to invest in it.

Naveen Jindal-owned Jindal Steel and Power has launched a bid to buy a 60% stake in ailing Zimbabwe Iron and Steel Company in a deal that w...

Zimbabwe is wooing investments from developing countries, including India and China, a media report has said.

PK Mittal and VK Mittal-promoted Ispat Industries is planning to invest about Rs 1,000 crore in its Nigerian company Delta Steel.

The government has shortlisted Mozambique, Zimbabwe, Indonesia and Bangladesh for acquiring coal mines to bridge the domestic shortage, Min...

A decade ago, if one were to ask officials of Indian metal companies about their plans to set up base in Africa, the reply would be one of ...