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Essar Global Acquired

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Microsoft Restores Services To Nayara

 Microsoft Corp has restored all services, including e-mail access, to Russian oil giant Rosneft-backed Nayara Energy, following which a lawsuit brought against the move has been disposed of in......

Indian diplomacy's success stories in a bleak landscape

 'Indian diplomacy in West Asia under the present government has been a success story -- and with Saudi Arabia in particular,' says Ambassador M K Bhadrakumar. IMAGE: Air India's Boeing 787-8......

Essar acquires Algoma Steel

 Ruias owned Essar Steel on Monday announced that they have agreed to acquire Canadian Algoma Steel for an aggregate value of Canadian $1.8 billion (approx. US $1.58 billion) to be paid in cash.......

Essar acquires Bermuda-based BPO co

 Essar Global on Tuesday announced it has acquired Global Vantedge, a Bermuda-based BPO company from Chrys Capital for about Rs 100 crore (Rs 1 billion) to boost its presence in the BPO space. This......

Essar to acquire US steel firm for Rs 350-375 cr

 In its second overseas takeover within three days, Ruias-owned Essar Global on Wednesday signed an agreement to acquire iron ore-rich Minnesota Steel LLC in the United States for an estimated......

Essar may take 83% in Suez Steel

 The Essar group has emerged as the frontrunner for acquiring the Egyptian government's 83 per cent stake in Suez Steel, a 600,000-tonne billet company.Investment banking sources said the Essar......

Essar to borrow $5b from overseas for expansio

 Essar group is in talks with international bankers to raise about $5billion(over Rs 20,000 crore) by leveraging its 33 per cent stake in Hutch-Essar, the country's fourth-largest mobile player in......

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