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
Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman
West Bengal has a 2,200 km porous border with Bangladesh over 10 districts.
The company said it had extended financial support to the UK business.
In 2011, the Trinamool manifesto had said, the government would not allow SEZs in West Bengal, to protect multi-crop lands.
The company had received a loan restructuring package from banks under the 5/25 scheme last year.
Firms to find alternative export routes or face increased trade barriers
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
As Deveshwar announces his decision to step down, he has a rich legacy to leave behind.
JLR, Tata Steel Europe CEOs caution staff on high risks of leaving the EU
To get three-year term as non-executive chairman from Feb; firm to create CEO's post; AGM to ratify Sanjiv Puri, Rajiv Tandon's appointment as directors
India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan.
Employee integration and branch rationalisation are major challenges.
New SDR norms allow promoters to manage debt-laden firms.
The FT report said the existence, size and investments of the highly profitable internal trading fund, which was set up three decades ago, have until now remained largely unknown outside a circle of former and current insiders.
The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
In a deviation from the usual venue of Raj Bhavan, the event of May 27, will be held on the Red Road, one of the arterial roads in Kolkata that houses the Fort William where the Army is headquartered. And, it will remain blocked for at least five days, probably more.
Rajan has a great track record abroad.
The first option that the state government might opt for is offer Infosys space in one of the SEZs that are coming up, but that is unlikely to be accepted
The good news for the group has come from the port business.
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