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All parties need to be blamed for coal scam

Contrary to the CAG report, the true scam is not exclusive to the UPA, or one for which it bears the prime culpability. Rather, it's a collective or collusive scandal, with both the UPA-ruled......

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......

StanChart shakeup turns screws on India's tycoons

Among India's capital-starved local banks, Essar is viewed as too big to fail, notes Una Galani. A shake-up at Standard Chartered could finally turn the screws on India's tycoons. The......

Essar Steel lines up $4-bn investment in N America

Money to be spent on acquired firms in Canada and US Essar Steel Holdings, a part of Essar Global, has lined up investments of more than $4 billion (over Rs 18,000 crore) in North America.The......

Essar to raise $530 mn, pledges Hutch stake part

The Essar group has pledged a portion of its holding in Hutchison Essar, its joint venture with Hong Kong's Hutchison Telecommunications International, to raise $530 million (around Rs 2,425......

Essar ups holding in steel to 87%

The Essar group has scaled up its holding in Essar Steel to 87.09 per cent from 74.82 per cent through a merger, thereby avoiding an open offer.Asia Steel Holdings, a financial investor holding......
  Web results for Essar Capital Holding
Essar Ports Shipping offloads 60% stake in Essar Shipping

"This is to inform you that we have sold 12,43,62,408 equity shares of Rs 10 each in Essar Shipping (ESL), representing 60.09 percent of the equity... ...
ICICI, Axis, StanChart get back USD 2.5 bn of Essar loans

Within days of Essar Group signing a mega USD 12.9-billion asset sale in its oil business, three top lenders -- ICICI Bank, Axis Bank and StanChart... ...
Rosneft's partner in Essar deal says may sell stake within 5 years

By Katya Golubkova MOSCOW (Reuters) - Russian private investment group United Capital Partners (UCP), which is teaming up with oil giant Rosneft to... ...
Deals of the day- Mergers and acquisitions

(Updates Supervalu; adds ISS, Constellation Brands, Coty andRTE) Oct 17 (Reuters) - The following bids, mergers, acquisitionsand disposals were... ...
ICICI Bank up 7 per cent on Essar Oil deal; mcap gains Rs 9,771 crore

ICICI bank's market valuation rose by Rs 9,771.57 crore to Rs 1,50,453.57 crore. New Delhi: ICICI Bank's stock surged 7 per cent on October 17,... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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