Page 2 - Essar

Adani, Essar and DP World in race to develop Rs 2,500-crore ports

The tenders of VO Chidambaranar Port Trust and Paradip Port have received interest from Adani Ports and Special Economic Zone, Dubai government-owned DP World, Essar, and others

Adani, Essar, queue up for govt's Rs 2,500 cr-plan to develop ports

The largest of seven proposed PPP projects is at Jawaharlal Nehru Port Trust (JNPT), which plans to privatise its container terminal

Gujarat: Essar joins Covid fight; sets up 100-bed hospital

The 100-bed centre was virtually inaugurated by the Chief Minister of Gujarat, Vijay Rupani

Essar, Fulcrum BioEnergy announce 600 mn pound waste-to-fuel plant in UK

Essar Group and Fulcrum BioEnergy Ltd on Monday announced a 600 million pounds waste-to-fuel plant in North West of England

Ruias'-promoted Essar to take solar route to build power portfolio

One of the first in its portfolio would be a 87.5 Mw project at Datia in Madhya Pradesh

Bombay HC asks Essar to deposit security payable to AM/NS with court

Essar spokesman refuses to comment saying matter is subjudice, adding that group is exploring all options including appealing to a higher court

25 years of telecom: Boon for India's business tycoons, bane for MNCs

Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses

25 years since the first mobile call: Roller-coaster ride for telecom

It's been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies

Essar Foundation to offer meals to people affected by coronavirus

The foundation has committed to provide 1.25 million meals to communities affected by the COVID-19 outbreak

Ruias plan comeback, say Essar to re-start investment in India and abroad

Group repaid Rs 1.4 trn debt to banking system over past three years; promoters say it currently generates earnings of Rs one trn a year, mainly from UK refinery

ArcelorMittal JV buys Bhander power plant, eyes more Essar ancillary units

Acquisition comes close on the heels of the firm getting NCLT nod for buying Odisha slurry pipeline

Essar to embark on new phase of investment-led growth: Ruia family

Despite losing Essar Steel in insolvency proceedings, cash flows remain strong, with Rs 1,00,000 crore of revenues from existing businesses

Essar Oil UK announces Mark Wilson as new Chief Executive Officer

An experienced energy professional, Wilson was previously with BP plc of the UK where he held a number of senior leadership positions

Losing steel arm to ArcelorMittal to hurt Essar India; revenue may fall 97%

Revenue hit of 96% is combined impact of earlier divestment in Essar Oil & losing control of Essar Steel

Great Eastern, Essar seek Bengal govt's approval for shale plans

The development comes after the central government eased the rules on exploration of unconventional hydrocarbons

Essar Exploration & Production, ENI Vietnam discover gas in Vietnam block

Eni Vietnam is the operator of the block with a 50 per cent share, and Essar holds the remaining 50 per cent share

Lenders sweeten Essar deal, offer Rs 1,000 cr more to operational creditors

The Rs 1000 crore offer could mean a higher haircut for banks

Third-party cargo to be half of total in 3-5 years: Essar Ports MD & CEO

Rajiv Agarwal also lists technology upgrades, which will see Rs 350 crore worth of investments, as another priority

ArcelorMittal aims to swiftly complete negotiations with Essar creditors

ArcelorMittal has been trying for long to enter India but has not succeeded so far. It had announced over a decade back to set up two plants - with 12 million tonnes per annum capacity each

Gujarat HC dismisses Essar petition against RBI in insolvency case

More details awaited