Essar pulls out of race to buy Nokia's Chennai mobile plant

Last Updated: Thursday, May 21, 2015, 13:14

Nokia's Chennai plant is under freeze over an estimated Rs 10,000 crore tax dispute with the Income Tax department.

Govt transfers forest clearance from earlier allotee to Essar

Last Updated: Wednesday, May 20, 2015, 18:33

Essar Power need not apply for fresh forest clearances for captive coal mines in Jharkhand as the government has transferred to it the approvals granted to the earlier allotee.

Essar Group was in touch with ex-finance minister: NGO to SC

Last Updated: Thursday, May 14, 2015, 23:23

Essar Group was allegedly in touch with the then Finance Minister over the issue of Group of Ministers (GoM) constituted by the erstwhile UPA government for clearances on coal allocation issues, an NGO has said in a PIL before the Supreme Court.

Essar Ports Q4 net profit rises 15% to Rs 104.6 cr

Last Updated: Thursday, May 14, 2015, 19:25

Essar Ports Thursday reported over 15 percent increase in consolidated net profit at Rs 104.6 crore for the quarter ended March 31, 2015.

Essar to develop 3 berths at Vizag port for Rs 1,200 cr

Last Updated: Thursday, May 14, 2015, 15:25

The project will be developed at a cost of Rs 1,200 crore over a period of three years.

Aegis opens development centre in Malaysia; expands workforce

Last Updated: Thursday, April 23, 2015, 15:56

Essar Group's BPO arm Aegis has opened a new development centre in Malaysia, as it enhances its focus on emerging markets in Asia-Pacific.

Essar restarts ops at Hudhud-hit Vizag plant

Last Updated: Wednesday, April 15, 2015, 18:08

Essar Steel's captive power plant at its pellet facility in Visakhapatnam, which had taken a battering from cyclone Hudhud last October, is back on its feet.

Essar Steel's Vizag captive power plant restored

Last Updated: Wednesday, April 15, 2015, 15:28

The plant is being operated at full capacity and has begun supplying power to the eight million tons per annum pellet plant, the company said in a statement.

Essar Power commissions 1st unit of 120 MW Paradip Power Plant

Last Updated: Monday, April 13, 2015, 14:19

The 120 MW coal fired power plant will meet the power requirement of Essar Steel's 12 million tonnes per annum integrated palletisation facility in Odisha.

Essar-Loop case: CBI to reply on Ravi Ruia's plea to go abroad

Last Updated: Tuesday, April 7, 2015, 19:17

Salve told special CBI judge O P Saini that if Ruia is permitted to travel abroad, the ongoing trial proceedings will not be hampered at all and during that period, even the case was not listed for hearing.

Essar Group of companies was controlling Loop: CBI to court

Last Updated: Monday, April 6, 2015, 20:25

Grover told Special CBI Judge O P Saini that the materials collected by the agency during its probe corroborated that the Essar Group of companies had provided the funds for the entire transactions relating to the case.

Essar Oil's CBM block production rises to 0.5 mmscmd

Last Updated: Monday, April 6, 2015, 15:45

Essar Oil said it has built a high quality infrastructure gas conditioning and compression stations, in-field pipelines of 120 kms and last mile pipeline connectivity network to end users of about 60 kms.