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About 93 results for "essar capital holding"

Essar Algoma accepts joint purchase offer

Essar Steel Algoma Inc. has accepted a joint bid by New York private equity firm KPS Capital Partners LP and the term lenders of the company as the best offer in the steel maker's sales process. The deal requires agreements on a new labour ... GlobeAdvisor, 1 week ago

Essar Oil finds 8 tcf shale gas at Raniganj coal block

Essar Oil has made a discovery of 8 trillion cubic feet (tcf) of original in-place shale gas resources underneath its coal-bed methane (CBM) reserves in Raniganj (East) block in West Bengal. The finding is a result of a study undertaken by an ...
 Hindu Business Line1 week ago

Reliance Group says it is not the most indebted conglomerate

Anil Ambani's firm says it is fairly well capitalised and has created assets of larger magnitude than its peer groups across various infrastructure sectors Mumbai: Anil Ambani's Reliance Group wants to set the record straight that it isn't the ...
 Livemint.com3 weeks ago

Essar Group rides the cycle of business fortunes

For a conglomerate whose business interests stretch around the world from steel to power to ports to shipping to oil refining to telecom, $250 million may not count for much today. But back in 1999, when the Essar Group defaulted on Floating Rate ...
 Hindu Business Line1 month ago
The Hindu

"Gas prices are likely to fall further"

Essar Power CEO Sushil Maroo. Sushil Maroo joined Ruias-led Essar Power as CEO after a stint with Jindal Steel and Power (JSPL), and is currently the executive vice-chairman. When he joined in 2013 the power sector was going through a bad phase.
 The Hindu1 month ago
Livemint.com

Soon, large companies may have to pay more for borrowing

RBI proposes that banks make additional provisions, put aside extra capital when companies borrow more than a certain amount Large companies like Tata Motors Ltd, Essar Steel India Ltd, Reliance Communications Ltd and even a highly rated entity like ...
 Livemint.com1 month ago
MotorIndia

Rosneft of Russia to acquire 49% stake in Essar Oil

at 12:33 pm | Deal conclusion likely by June Rosneft, Russia's top oil producer, has reached a preliminary agreement to buy 49 per cent stake in Essar Oil. The deal is likely to be concluded by June. Rosneft has concluded due diligence of ...
 MotorIndia2 months ago Russia's Rosneft plans new borrowings this year  Tass.ru6 days ago

Steel project delay lands Essar Group in bad books of US lender DK Partners, recalls $370 million loan

MUMBAI: Essar Group has found itself in the crosshairs of Davidson Kempner Capital Management (DK Partners) — one of Wall Street's largest and feared hedge funds — for delays and cost overruns in its ambitious US project executed by Essar Steel Minnesota ...
 Economic Times2 months ago Project delay lands Essar in bad books of feared Wall Street creditor DK Partners  Economic Times2 months ago

Amar Singh Essar tape: were JPC members bribed to save Reliance?

As the leaked Essar tapes dominate the public discourse, many skeletons are tumbling out of the closet. The tapes are of phone conversations between top political and corporate power brokers of India. One of these is purportedly between Amar Singh and former ...
 catchnews.com1 week ago
Livemint.com

GMR to freeze capex in some areas as it tries to cut debt [Mint, New Delhi]

June 13--GMR Group will take up more contracts that need lower investments and freeze capital expenditure for select verticals as the Bengaluru-based infrastructure conglomerate tries to pare its debt and strengthen its balance sheet, said two ...
 Bloomberg2 weeks ago
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