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Essar to invest $500mn in Algoma

Essar Group plans to invest $500 million (Rs 2,000 crore) to scale up the annual production capacity of its recently acquired Canadian steel company Algoma to 4 million tonne in three years from......

Essar acquires Algoma Steel

Ruias owned Essar Steel on Monday announced that they have agreed to acquire Canadian Algoma Steel for an aggregate value of Canadian $1.8 billion (approx. US $1.58 billion) to be paid in......

Zisco to propel Essar Steel into 20-mn-tonne club

Six months after buying a majority 60 per cent stake in Zimbabwean steel company Zisco, Essar Steel is now keen to build on Zisco's foundation and ramp up the existing infrastructure.According to......

'We need level playing field in mine allocation'

A global steel producer is putting up 14-million-tonne capacity, Essar Steel aims to achieve a global capacity of 20-25 mt.In an interview with Ishita Ayan Dutt, its chief executive officer, Malay......

Essar to buy US coal firm for $550-600 mn

The Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-600 million (Rs 2,500-2,735 crore). Trinity is owned by private equity investment......
  Web results for Algoma
Former UBS India MD to join Deutsche Bank as investment head

Deutsche Bank has emerged as India's second largest dealmaker by fees earned during 2014 after the State Bank of India (SBI), according to Dealogic... ...

http://www.livemint.com/Companies/d9qrc1Hw00VDHknP5eskpK/Former-UBS-India-MD-to-join-Deutsche-Bank-as-investment-head.html#nav=latest_news
Fortis Delivers Earnings of $198 Million for the First Quarter of 2015

- $900 Million Waneta Hydroelectric Expansion Online and Generating Power ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwired) -- 05/05/15 --... ...

http://in.sys-con.com/node/3331243
Essar Steel Algoma posts $21 million net income in Oct-Dec

SD 21.3 million for October-December quarter buoyed by higher sales and realisation. The Ontario-based company, a unit of the Ruias-controlled... ...

http://www.business-standard.com/article/pti-stories/essar-steel-algoma-posts-usd-21-mn-net-income-in-oct-dec-115022300707_1.html

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