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ESSAR STEEL INDIA
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...- 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...
- GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savingsGreenLine Mobility Solutions plans a Rs 1,500 crore investment to expand its LNG truck fleet to 10,000 and establish 50 refuelling stations...
- 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...
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
- Essar Group to sell infra assets worth over Rs 19,000 crores to ArcelorMittal Nippon SteelThe proceeds from the sale are expected to go towards repaying the debt of the Essar Group as well as growth capital in green and existing ...
- Essar Group, Tatas, ArcelorMittal eye Essar Steel"Essar Group has submitted EoI for Essar Steel. A resolution plan will be submitted to IRP within the scheduled time frame," an Essar Group...
- Essar Steel registers growth in productionSupplies to OEMs from segments like auto, white and yellow goods reported a jump of 64% at 2.05 lakh tonnes compared to 1.25 lakh tonnes in...
- Anti-dumping duty likely on some Chinese, EU productsThe DGAD has recommended the duty on imports of “colour coated / pre-painted flat products of alloy or non-alloy steel”.
- Essar Power expects to commission Paradip phase II next yearThe 120 mw imported coal-based power project at Paradip has been set up as a captive power plant to meet the requirements of Essar India’s ...
- Essar Steel India posts 12% rise in gross revenue in Q1Both the pellet plants at Paradip and Vizag are now operational and ensure consistent supply of pellets to the Essar Steel plant in Hazira.
- Essar Steel India recognised for safety by World Steel AssociationEssar Steel India today said it has been recognised for Safety Leadership for the second year in a row by the World Steel Association (WSA).
- Essar Steel eyes $100 million revenue in first year via online marketplaceEssar Steel is also targetting 30% of Essar Hypermart's sales to come from the online marketplace, the company said in a statement.
- 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...
- Essar Steel to convert rupee loan into $2 billion debtEssar Steel will turn profitable this financial year, led by increase in capacity utilisation and more focus on higher margin specialised s...
- Essar Steel to raise $2 bn through pre-export financeThe company said its move to raise funds against confirmed export orders forms part of a strategy to replace rupee loans by dollar denomina...
- Essar Steel inks Rs 960 crore pact with Harsco to recover iron from slagRuias-promoted Essar Steel has inked a Rs 960 crore pact ($ 160 million) with Harsco India for recovering iron from slag.
- Essar Steel to commission pellet unit in OdishaCharging operation for the pellet plant had already been completed and the unit's capacity would be raised up to 12 mtpa within a year, Oom...
- Essar Steel to commission pellet unit in OdishaBuoyed by its Hazira complex becoming the country's largest single location flat steel maker with 10 mtpa capacity, Essar Steel is set to c...
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