Essar Oil becomes India's largest CBM gas producer

Last Updated: Monday, April 6, 2015, 15:36

Indian oil and gas producer Essar Oil on Monday said it has become India`s largest coalbed methane (CBM) gas producer as its gas unit in Raniganj in West Bengal crossed production of 5 lakh standard cubic metres per day (scmd) recently.

Anoop Kumar Sharma takes over as CEO of Essar Shipping

Last Updated: Thursday, April 2, 2015, 18:57

Capt Anoop Kumar Sharma has taken over as Whole Time director and Chief Executive Officer (CEO) of Essar Shipping Ltd (ESL).

Essar Group "used" Loop Telecom to acquire 2G licences: CBI

Last Updated: Wednesday, April 1, 2015, 17:56

Loop Telecom Ltd (LTL) was "used" by Essar Group of companies to acquire 2G spectrum licences by "circumventing" the procedures, the CBI on Wednesday argued before a special court.

Essar Power to start mining from Tokisud block in Jharkhand

Last Updated: Tuesday, March 24, 2015, 15:01

Essar Power will commence mining at its Jharkhand coal block in next few months to help the company restart its Mahaan power plant, lying idle due to lack of fuel since last 18 months.

PIL on political-corporate nexus: SC seeks Centre's response

Last Updated: Monday, March 23, 2015, 16:48

The Supreme Court today sought response from the Centre and others on a plea seeking a court- monitored probe into the Essar email-leak case allegedly pointing to a "political-bureaucratic-corporate nexus".

Zero tolerance policy towards illegal acts: Essar

Last Updated: Wednesday, February 25, 2015, 22:30

Days after one of its employees was arrested in the corporate espionage case, Essar Oil Wednesday said it is a law abiding corporate and had not authorised anybody to access stolen oil ministry documents.

Reliance, Essar stocks take a beating amid 'espionage' scandal

Last Updated: Monday, February 23, 2015, 19:39

Stocks of Anil Ambani-led Reliance Group companies, Essar Oil and Mukesh Ambani-led Reliance Industries Ltd witnessed huge selling pressure Monday as investors booked profit amid concerns relating to the "corporate espionage" scandal.

Hindalco bags Kathautia coal mine

Last Updated: Sunday, February 15, 2015, 19:28

On the second day of coal auction, Hindalco Industries today walked away with a coal mine in Jharkhand.

Private refiners compete with state firms to sell diesel to railways

Last Updated: Thursday, January 29, 2015, 03:12

Private refiners Reliance Industries Ltd and Essar Oil Ltd are competing with state refiners to sell diesel to Indian Railways, sources at the state refiners said, after the federal government`s control over diesel pricing ended last year.

India asks refiners to cut Iran oil imports ahead of Obama visit: Sources

Last Updated: Thursday, January 22, 2015, 21:59

India has asked its refiners to slash oil buys from Iran in the next two months to keep the imports in line with the previous fiscal year`s levels, sources with knowledge of the matter said, days ahead of President Barack Obama`s visit to New Delhi.

Essar completely exits telecom biz after monetising $6 bn

Last Updated: Thursday, January 15, 2015, 17:21

By selling off yuMobile in Kenya to Bharti Airtel and local operator Safaricom, Essar Thursday marked its exit from telecom business globally and completed monetisation in the segment for USD 6 billion.

Additional spectrum case: Court to hear matter on January 28

Last Updated: Monday, January 12, 2015, 17:05

The special 2G court on Monday fixed January 28 for hearing the additional spectrum allocation scam case of 2002 after it was informed that the Supreme Court has quashed the order summoning Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia as accused.