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About 20 results for "essar power"

Keen to reduce debt, banks get tough with large borrowers
Rediff.com

Keen to reduce debt, banks get tough with large borrowers

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end. Alarmed by the losses of Rs 15,000 crore (Rs 150 billion) per quarter incurred by stressed companies, banks are asking debt-heavy firms to expedite assets sales before March 31. Bankers said the deadline was necessitated because there was no clarity when deals would close despite announcements made by companies. “There are no indicators that the ... Rediff.com, 5 days ago

39 images for essar power

Reuters India, 3 weeks ago
Bulawayo24 News, 1 month ago
India.com, 2 months ago
Sify, 2 months ago
Money Control, 2 months ago
Yahoo! Finance, 2 months ago
Reuters, 2 months ago
International Business Times India, 2 months ago
Sault Star Online, 1 month ago
EPC World News, 1 month ago

Essar group committed to Rs 10,000 cr for Jharkhand: Ruia

The Essar group today said it was committed for about Rs 10,000 crore in Jharkhand for setting up a 1200MW power plant at Tori in Latehar district and development of Toskiud North Coal Mine with an estimated investment of about Rs 1100 crore.
 DNA1 week ago
Money Control

Essar Power approaches ICICI, lenders to recast Rs 6564 cr debt

Essar Power Ltd has approached ICICI Bank-led consortium for a strategic restructuring of Rs. 6,564-crore debt of the 1,200 MW Mahan power project set up by a subsidiary.
 Money Control2 months ago Essar Power commissions Hazira unit, completes 270mw project  Money Control2 months ago Essar Power Hazira commissions second unit of 135 MW  Business Line2 months ago

Essar confident of government support for Jharkhand plant project

Eassar group Chairperson Shashi Ruia on Thursday said he is confident that both state and the Centre will support fuel linkage to start the state Jharkhand power project."We are now awaiting fuel linkage and are confident that the state and central government ...
 Prokerala1 week ago
Rediff.com

Tough times ahead for India's steel producers

Traders blame demonetisation for subdued demand in retail segment It is going to be tough for domestic steel companies to maintain their toplines in coming quarters. With local demand for the industrial commodity not picking up on expected lines and government protection measures to phase out soon, primary producers could come under pressure to cut product prices going ahead. "If local demand continues to remain sluggish post March, then it is going to be a big problem for the steel ...
 Rediff.com1 day ago

Deals of the day-Mergers and acquisitions

Feb 21 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 1100 GMT on Tuesday: ** Kraft Heinz Co's rapid retreat from its surprise$143 billion bid for Unilever in the face ofstiff resistance knocked the Anglo-Dutch company's ...
 Sify4 days ago M&A deals hit record high in 2016  The Financial Chronicle1 month ago

Adani group to invest Rs 20K cr in J'khand

Asserting that Jharkhand is of strategic importance to Adani Group, Adani Enterprises Managing Director Rajesh Adani today said it will invest Rs 20,000 crore in the various sectors including investment of ultra mega power plant. Adani Power Jharkhand Ltd has ...
 Business Standard1 week ago

Arun Jaitley to inaugurate CII's partnership summit tomorrow

Top CEOs and delegates from over 51 countries including UK and UAE would participate in the two day CII's partnership summit, which will be inaugurated by Union Finance Minister Arun Jaitley here tomorrow. "About 2,000 delegates from 51 countries will take ...
 Business Standard1 month ago

Trump & terror to hog Davos as over 100 Indian CEOs ready for WEF

More than 100 Indian CEOs along with some senior government leaders will be in the ski resort town of Davos next week for the WEF Annual Meeting, where the world leaders will discuss ways to revive economic growth and strengthen global collaboration. Over the ...
 Deccan Herald1 month ago

NTPC, SAIL not keen on acquiring stressed assets

Despite the prodding from finance minister Arun Jaitley, PSUs such as NTPC and Steel Authority of India (SAIL) remain reluctant to take over stressed steel and power projects as state-owned banks’ bad loans continue to pile up, adding to the government’s ...
 The Financial Chronicle1 month ago
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