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ESSAR ARM
Essar arm secures $500 million crude and product facility from Abu Dhabi's IRHEssar Energy Transition Fuels has partnered with Abu Dhabi's IRH Global Trading. A $500 million facility will diversify crude sourcing and ...- Essar Cyprus arm sells 6 ships to ArcelorMittal for $80mThe ships are owned by Essar Shipping Cyprus, an arm of Essar Global Fund, and are not part of Essar Shipping, the publicly traded company ...
- Construction arm of Essar Group heads towards liquidationThe National Company Law Tribunal (NCLT) is said to be considering liquidation of the company after hearing arguments made by lawyers on be...
- IDBI Bank rejects Mauritius-based Royal Partner's discounted offer for Essar arm“IDBI will not be open to any change in payment consideration (for EPC Constructions),” the lender said in a statement, noting that any cha...
- Essar Power seeks review of Tokisud mine termination noticeEssar Power had paid the first installment in time but defaulted on the second and third installments, the official said.
- Essar said to be in asset sale spat with IDFC private equityThe group’s Essar Power Ltd. unit is in arbitration with IDFC’s India Infrastructure Fund over disagreements on plans to sell the Vadinar p...
- Aegis completes sale of US arm to TeleperformanceEssar Group firm Aegis has completed sale of Aegis USA (AUI), its outsourcing arm in the US, the Philippines and Costa Rica, to Teleperform...
- Essar Steel Algoma demands cover against bankruptcy in USThe company filed for protection under chapter 15 of the Bankruptcy Code in the US while listing liabilities of more than $1 billion.
- Karnataka State Small Industries Development Corp ties up with Essar SteelKarnataka State Small Industries Development Corporation (KSSIDC) has renewed its tie-up with Essar Steel to supply steel products to small...
- Vodafone to pay $500 mn more for Essar buyoutEssar’s Mauritian unit gets $3.3 bn after deducting withholding tax of $880m while Indian arm gets $1.3 bn.
- African fund invests in Essar TelePan African Infrastructure Development Fund (PAIDF) has invested Rs 450 crore ($93.75 mn) in Essar Telecom Kenya Holdings (ETKHL), the Essa...
- Sarin has crowned Vodafone with Indian jewelItalian Vittorio Colao, who on Tuesday was named as the chief executive of Vodafone, is likely to take over as the vice-chairman of the com...
- Vodafone Essar arm’s GSM application for MP gets nodUnion communications minister A Raja has cleared Vodafone Essar Spacetel's long-pending application for a GSM licence for the Madhya Prades...
- Essar bid to hike stake in tower co on holdThe FIPB has deferred a proposal by the Essar group to make its telecoms infrastructure wholly-owned subsidiary.
- Vodafone Essar arms get ‘rouge'The complex Hutch Essar-Vodafone integration process is close to conclusion.
- Bharti still ‘preferred’ partner for infrastructureEven though Essar will continue as Vodafone’s partner in India’s fourth largest telecom company, the infrastructure arm of Essar will not g...
- Essar Steel seeks shareholders' nod to delist sharesEssar Steel on Monday said it will seek shareholders' approval to delist the equity shares of the company from the bourses by way of postal...
- Essar to set up holding co for tele venturesThe Essar group is setting up a new holding company with a capitalisation of Rs 500 crore.
- Essar plans to delist steel & oil companiesThe Ruias-controlled Essar group on Thursday said it intends to delist its key business units, Essar Steel and Essar Oil, to gain more flex...
- Ruias seek to invest $500m in Hutch EssarThe Ruias have applied to the Foreign Investment Promotion Board (FIPB) on Thursday to increase Essar’s foreign holding in HEL by 6.26% to ...
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