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Essar Steel

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Essar's US unit files for bankruptcy

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......

Ruias to sell Essar Steel stake to strategic partners

Following intense pressure from banks to repay loans, the Ruia-owned Essar Steel has appointed ICICI Securities and SBI Capital Markets as advisers to help it identify and induct strategic or......

1839 hectares of forest land in Odisha given to 15 industries

Posco, Essar Steel, JSPL are among the major beneficiaries.Forest land measuring 1838.79 hectares (ha) has been diverted for 15 industrial projects in Odisha between 2004 and 2013. A written reply......

Naxal activities dent businesses of India's steel companies

Essar’s business of transporting iron ore from Chhattisgarh has been cut to about half its capacity, with Naxal activities casting a shadow on these operations.About two years after Naxalites......

Funding Naxals: Essar Steel GM arrested

J S Verma, general manager of Essar Steel, was on Tuesday arrested for allegedly conspiring in funding Naxal groups in Dantewada area of Chhattisgarh. Verma is the third person to be arrested in......
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Metal and Mining Newsletter - January 9 to 13, 2017

Top News NTPC gets approval for Dulanga Coal Mining project NTPC , India's largest energy conglomerate is again in the news. The board of... ...

http://www.indiainfoline.com/article/news-top-industry-newsletters/metal-and-mining-newsletter-january-9-to-13-2017-117011300418_1.html
Come August, VPT will gain competitive edge in iron ore handling

VISAKHAPATNAM: The expected commissioning of the Greenfield iron ore handling terminal being built by Essar Vizag Terminals Limited (EVTL) by... ...

http://www.thehindu.com/news/cities/Visakhapatnam/Come-August-VPT-will-gain-competitive-edge-in-iron-ore-handling/article17030595.ece
Manufacturing sector gets a big thrust

Investment intentions worth Rs 17,600 crore were inked in engineering, auto and other industries sector on Wednesday at the Vibrant Gujarat Global... ...

http://indianexpress.com/article/india/manufacturing-sector-gets-a-big-thrust/
Edelweiss Said to Seek to Wind Up Bharati Defence Under New Law

(Bloomberg) -- Edelweiss Asset Reconstruction Co., India's largest bad loan buyer, plans to request a winding up of Bharati Defence and... ...

http://www.bloombergquint.com/business/2017/01/11/edelweiss-said-to-seek-to-wind-up-bharati-defence-under-new-law
Bengal Chamber organises B2B meeting with Indo-Canada Chamber of ...

Kolkata, Jan 9 (IBNS): The Bengal Chamber on Friday organized a B2B meeting with the delegation of The Indo-Canada Chamber of Commerce here. The... ...

http://www.indiablooms.com/ibns_new/finance-details/6276/bengal-chamber-organises-b2b-meeting-with-indo-canada-chamber-of-commerce.html

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