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About 5 results for "essar capital holding"

Essar sells Aegis to CSP for $300 mn

Essar Global on Monday said it has sold the business process outsourcing (BPO) company Aegis to Singapore-based investment firm Capital Square Partners (CSP) for $300 million (approximately Rs 2,000 crore).According to the Essar Group, the transaction was ... Prokerala, 2 months ago

Carnage in Global Stock Market Continues

Posted by Equitymaster Global stock markets were spooked again by the sell-off in the US markets. In the week gone by, the US stock markets continued to slide on growing uncertainty that the US Federal Reserve will raise interest rates faster than expected.
 Equitymaster.com1 week ago Key Earnings Report; Galaxy Surfactants IPO; Maruti Suzuki, Tata Steel and Top Cues to Sway Markets Today  Equitymaster.com2 weeks ago
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Bankruptcy code clips ArcelorMittal's India expansion plans

In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. But the new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies. Amendments to the Insolvency and Bankruptcy Code (IBC) have not only practically debarred promoters from reacquiring their own assets but have also put the world’s largest steelmaker ArcelorMittal’s prospective bid for stressed steel assets -- Bhushan Steel, Bhushan Power & Steel, ...
 Rediff.com2 months ago
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India's largest telecom firm will soon be born!

The onus of the tax dues of Rs 22,100 crore on Vodafone India’s British parent could also fall on the merged entity. While Vodafone India and Aditya Birla group firm Idea Cellular are in the final stages of the proposed merger to become the largest telecom firm in the country, the onus of the tax dues of Rs 22,100 crore on Vodafone India’s British parent could also fall on the merged entity. According to income-tax (I-T) officials, a no-objection certificate (NOC) has been issued ...
 Rediff.com2 months ago
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