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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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Bail granted to five accused in coal case against Jindal

A special court here today granted bail to five accused named by the CBI in its supplementary charge sheet in a coal scam case against Congress... ...

http://www.mydigitalfc.com/news/bail-granted-five-accused-coal-case-against-jindal-647
CCI approves sale of Aegis BPO to Capital Square Partners

The Competition Commission of India (CCI) on Friday approved the sale of Essar Group-owned business process outsourcing (BPO) company Aegis to... ...

http://www.prokerala.com/news/articles/a742361.html
You may get petrol on Sundays, for now

A group of petrol pump owners on Saturday said it has deferred the plan to shut shop on Sundays, reports Shine Jacob in Business Standard. áOn... ...

http://news.rediff.com/commentary/2017/may/14/you-may-get-petrol-on-sundays-for-now/cad95baa0b7f187397e95b9eef134af5
Morning News Call - India, May 12

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05122017.pdf If you would like... ...

http://www.sify.com/finance/morning-news-call---india-may-12-news-economy-rfmjanaifggjh.html
Deals of the day-Mergers and acquisitions

(Adds CPPIB, Home Capital, Rosneft, Ita├║ Unibanco, OmniaHoldings, Enbridge and PGE; Updates Engie) May 11 (Reuters) - The following bids, mergers,... ...

http://www.sify.com/finance/deals-of-the-day-mergers-and-acquisitions-news-economy-rfmbEdghfejhb.html

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