MUMBAI: Essar Power, part of the $27-billion Essar Group, is on the cusp of a turn around, thanks to falling coal prices. Essar Group, owned by billionaire brothers Shashi and Ravi Ruia, entered the power business in 1997 and has presence in ... Times of India, 5 days ago
The Essar Controversy: Senior Journalists Of Hindustan Times & Times Now Resigned - The Logical Indian, 1 month ago
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In 2007, Essar had said it would set up a $1.8-bn unit in Minnesota, but scaled down from a full-scale taconite steel mill project to pellet plant after the 2008 financial crisis In a setback, the Ruia family-owned Essar Steel Minnesota (ESML) has filed for Chapter 11 bankruptcy protection in the United States. The filing follows Minnesota government’s decision to revoke Essar’s mineral leases for non-payment of dues worth $66 million. Essar had sought extension of leases for ...Rediff.com, 1 week ago
Rosneft Chief executive officer Igor Sechin gave a keynote speech at the Summit of Energy Companies, which took place during XX St. Petersburg International Economic Forum. One of the Forum's key events was attended by heads of the industry's ...4 Traders, 2 weeks ago Igor Sechin gave a keynote speech at the Summit of Energy Companies Foreign Affairs.co.nz, 3 weeks ago
A consortium of banks, led by IDBI Bank, has been kept busy by a little known maker of trucks for the past several months. Mumbai-based AMW Motors, the maker of heavy duty tipper trucks used in mining, owes Rs 1,800 crore to these banks. Reluctant ...Business Standard Motoring, 3 weeks ago
MUMBAI: Essar Energy has sold its entire 50% stake in Kenya Petroleum Refineries (KPRL) to the Kenyan government as a part of its strategy to exit non-core businesses, the company promoted by billionaire brothers Shashi and Ravi Ruia said. "This ...Economic Times, 4 weeks ago
MUMBAI: Coal bed methane output at the Raniganj block of Essar Oil has increased to 1 million scmd, making it the first in India to achieve the milestone, and the company now aims to scale it up to 3 million scmd by mid-2017-18, its head of ...Economic Times, 1 month ago Rosneft and Essar Agreed on Key Terms of Oil and Oil Products Supplies to Essar Refineries Foreign Affairs.co.nz, 1 month ago Essar Oil UK reports $244 million profit Economic Times, 2 months ago
Baniya is a word that has become very common in our everyday usage. Heard mostly in the markets, the word baniya is associated with traders or the business-class people who are typically experts in number-crunching activities and trading. The Baniya ...Deccan Chronicle, 2 months ago
The Finance Ministry and the Directorate of Revenue Intelligence (DRI) have stepped up investigations into the alleged over-invoicing of coal imports by 40 companies´ both in the public and private sector ´ to the tune of Rs 35,000 crore. The ...Indian Cement Review, 2 months ago
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