Essar personnel exercised control in Loop Telecom Ltd: CBI

Last Updated: Wednesday, August 5, 2015, 18:16

CBI Wednesday told a special court that Essar group offficials were exercising control in Loop Telecom Ltd (LTL), a "front company", to bag 2G spectrum licences in violation of a provision under the Unified Access Services Licences (UASL) guidelines.

Reliance, Essar Oil to supply diesel to Railways

Last Updated: Monday, August 3, 2015, 23:00

Private refineries Reliance Industries and Essar Oil will supply diesel to the Railways, Lok Sabha was told Monday.

Loop Telecom Ltd was 'front company' for Essar: CBI to court

Last Updated: Monday, August 3, 2015, 15:18

Advancing the ongoing final arguments in the case, Special public prosecutor Anand Grover said that violation of clause 8 of UASL guidelines by the accused firms was a crucial factor.

Essar Oil shares reverse early gains; slip over 1%

Last Updated: Thursday, July 30, 2015, 23:14

Essar Oil's scrip reversed early gains and ended over 1 percent lower Thursday as the company received approvals from National Stock Exchange (NSE) and BSE to delist its shares.

Essar Oil gets stock exchanges go ahead for delisting

Last Updated: Wednesday, July 29, 2015, 22:25

Essar Oil has received approvals from National Stock Exchange (NSE) and BSE to delist its shares, company Managing Director & CEO L K Gupta said Wednesday.

Essar posts record Rs 1,063-cr Q1 net as margins improved

Last Updated: Wednesday, July 29, 2015, 19:37

Essar Oil reported its highest ever quarterly profit in April-June quarter.

Essar Oil gets BSE approval to delist

Last Updated: Friday, July 17, 2015, 10:07

The Bombay Stock Exchange (BSE) has approved the planned delisting of shares in Essar Oil Ltd, two sources familiar with the matter told Reuters.

Essar to shut 400,000 bpd refinery for a month

Last Updated: Wednesday, July 15, 2015, 16:33

Essar Oil will shut the Vadinar refinery in Gujarat for planned maintenance, Chief Executive L.K. Gupta said. Trade sources had earlier said the shutdown could happen in July-August.

Essar Oil signs pact to sell 49% stake to Russia's Rosneft

Last Updated: Thursday, July 9, 2015, 11:17

Essar said it "signed a non-binding Term Sheet with regard to Rosneft?s participation in the equity capital of Essar Oil Limited with a share of up to 49 per cent."

Essar Oil signs pact to sell 49% stake to Rosneft

Last Updated: Thursday, July 9, 2015, 10:53

Essar Oil shares surged as much as 5.1 per cent on Thursday to Rs 198.35 after Russia's Rosneft signed a deal to acquire up to 49 per cent stake in its Vadinar oil refinery.

Essar created 'corporate veil' to conceal holding in Loop: CBI

Last Updated: Thursday, July 2, 2015, 17:51

Special public prosecutor Anand Grover said the money in entire transactions was transferred through various entities and most of it came from Essar Group companies, especially accused firm Essar Tele Holding Ltd (ETHL).

Transactions involving Loop Telecom funded by Essar: CBI

Last Updated: Wednesday, July 1, 2015, 17:17

Continuing final arguments in the case arising out of the investigation in 2G spectrum allocation scam, Special Public Prosecutor Anand Grover said as per the documents on record, the money trail originated from various firms of Essar Group.