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PMO orders probe into Essar-phone tapping controversy

A complaint into the alleged tapping of telephone conversations of some top industrialists and politicians by the Essar Group has been forwarded to the homeministry for “appropriate......

Keen to reduce debt, banks get tough with large borrowers

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end. Alarmed by the losses of Rs 15,000 crore (Rs 150 billion)......

India Inc asset sales peak in 2016, Essar tops list

The sale of Essar Oil was India’s biggest deleveraging exercise undertaken by any debt-heavy group The sale of Essar Oil and related infrastructure to Rosneft and other partners has created......

Russia's Rosneft-led group acquires Essar Oil for nearly Rs 88,000 crore

Russia’s state-controlled oil giant Rosneft and its partners on Saturday took over India’s second biggest private oil firm Essar Oil in an all-cash deal valued at about $13 billion (Rs......

The story of Ajit Isaac's entrepreneurial success

Ajit Isaac started as a management trainee at Godrej and then worked with the Essar group briefly before he caught the entrepreneurial bug. Ajit Isaac knows how to standout in India’s......

Essar Oil completes largest delisting

Group becomes one of India’s largest conglomerates to own assets privately The Essar group on Wednesday became one of the largest privately-owned Indian business entities, with annual......
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Supplementary charge sheet in coal case against Jindal filed

The CBI today filed a supplementary charge sheet naming five more persons as accused in a coal scam case against Congress leader and industrialist... ...

http://www.mydigitalfc.com/news/supplementary-charge-sheet-coal-case-against-jindal-filed-128
Morning News Call - India, March 17

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03172017.pdf If you would like... ...

http://www.sify.com/finance/morning-news-call---india-march-17-news-economy-rdrjamghajbdd.html
With deal value at record high of $56.2 billion, M&As made it big in 2016

The surge in deal value is largely due to the $12.9 bn Essar-Rosneft deal Merger and acquisition (M&A) activity scaled a six-year high in 2016,... ...

http://www.rediff.com/money/report/with-deal-value-at-562-billion-mas-made-it-big-in-2016/20170224.htm
Deals of the day-Mergers and acquisitions

Feb 21 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 1100 GMT on Tuesday: ** Kraft Heinz Co's rapid retreat... ...

http://www.sify.com/finance/deals-of-the-day-mergers-and-acquisitions-news-economy-rcvru4ciidgge.html
Keen to reduce debt, banks get tough with large borrowers

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end. Alarmed by... ...

http://www.rediff.com/money/report/keen-to-reduce-debt-banks-get-tough-with-large-borrowers/20170221.htm

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Coming to India and making

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