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While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Essar Group, Tatas, ArcelorMittal bid for Essar Steel

Essar Steel is among the largest single location steel producers with a 10 MTPA liquid steel capacity.

29 Oct 2017 1:22 PM GMT

Once services commence, the ferry is expected to do four round trips every day. (Photo: PTI)

Essar completes construction of Ro-Ro terminals in Gujarat

Ro-ro ferry will bring down the travel time between Gujarat's Ghogha and Dahej ports from 7 hours to just 2.5 hours.

23 Oct 2017 11:16 AM GMT

Prashant Ruia, Director, Essar Capital.

It would take one more year for pvt investment to pick up: Ruia

Essar Group director says huge private investment during last five years has created a lot of surplus capacity.

5 Oct 2017 1:18 PM GMT

Essar concludes Aegis sale for Rs 2,000 crore, says it's able to cut...

The company announced the conclusion of the Rs 2,000-crore sale of Aegis to Capital Square Partners (CSP).

27 Nov 2017 11:05 AM GMT

Power firms across Europe, which previously depended on coal or gas-fired power plants, are having to adapt to the expanding use of renewable power sources and facing a profit squeeze as wholesale electricity prices have fallen.

Light at end of tunnel for Gujarat power companies

The state cabinet is all set to approve a rescue plan for their stressed power projects.

8 Oct 2018 5:47 AM GMT

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal.

Essar begins CBM gas supply to GAIL

CBM production from Raniganj East block is envisaged at 2.3 million standard cubic metres per day.

3 Oct 2018 8:26 AM GMT

Russians seek 'Make in India' benefit

Nikolay Kudashev, ambassador, Russian Federation in India and CM Devendra Fadnavis had discussions regarding these...

21 Feb 2018 2:21 AM GMT

Essar sells office asset in Mumbai to Brookfield for Rs 2,400 crore

Essar group would utilise the entire sale proceeds to repay loans.

24 April 2018 7:58 AM GMT

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore:...

I think we were the first to get off the block and actually take some decisive steps to reducing leverage, said Essar's...

13 Oct 2019 6:06 AM GMT

Essar oil. (Photo: Facebook)

Essar Oil & Gas gets environment clearance to begin shale gas...

Essar has already signed an agreement to sell entire production from Raniganj East CBM block to state gas utililty GAIL...

3 March 2019 9:28 AM GMT

Total funds kept by all foreign clients in the Swiss banking system, as per an analysis of the latest figures compiled by the Swiss National Bank as on 2016-end.

India seeks Swiss tax department's assistance in probe against six...

Under Swiss laws, foreign clients of Swiss banks are given an opportunity to appeal against proposed sharing of their...

29 Jun 2019 5:14 AM GMT

Whistle-blower Arvind Gupta. (Photo: ANI)

ICICI-Videocon case: Whistleblower levels new allegations in letter to...

The IT department in the first week of April had sent a notice to NuPower Renewables.

2 Jun 2018 11:02 AM GMT