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Essar Steel

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Why steel products will become costlier from April

JSW Steel, Tata Steel, Steel Authority of India, Bhushan Steel, Essar Steel, Jindal Steel & Power, and Rashtriya Ispat Nigam are among the top producers of the alloy in the domestic market With......

Now, Essar Steel forays into defence manufacturing sector

Essar Steel aims to participate in the indigenisation of products used in naval defence Essar Steel has forayed into high-growth defence manufacturing sector by developing steel grades which find......

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)......

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......
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Panamax acquisition to increase ESL's fleet strength to 14 vessels

Having acquired a Panamax vessel of 74005 deadweight tonnage (DWT), Essar Shipping Limited (ESL) has taken its total fleet size to 14. Essar... ...

http://www.business-standard.com/article/companies/panamax-acquisition-to-increase-esl-s-fleet-strength-to-14-vessels-117052300783_1.html
Indian Indices Continue Momentum; FMCG Stocks in Demand

Posted by Equitymaster Indian share markets continued to trade strong during the noon session hitting all-time highs for the third time in five... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/PSCtP9Br-3k/tm.asp
Lenders want Ruias to infuse Rs 2,500 crore in Essar Steel

To agree to debt-recast plan after Essar Steel gets fresh equity from promoters ...

http://www.business-standard.com/article/companies/lenders-want-ruias-to-infuse-rs-2-500-crore-in-essar-steel-117050901610_1.html
Centre identifies 50 large NPAs for resolution under new ordinance

The government has identified 50 large loans to companies where the resolution to the debt crisis will be initiated. The Reserve Bank of India... ...

http://www.dnaindia.com/money/report-centre-identifies-50-large-npas-for-resolution-under-new-ordinance-2430489
Essar Steel, Posco sign pact for supply of flat steel products

Essar Steel today said that it has entered into a strategic pact with Posco for supply of 1.1 million tonne flat steel products during the ongoing... ...

http://www.business-standard.com/article/pti-stories/essar-steel-posco-sign-pact-for-supply-of-flat-steel-products-117050400920_1.html

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