Ruias to delist Essar Steel, Essar Oil

Ruias-controlled Essar group on Thursday said it will delist its two steel and oil arms from stock exchanges to gain more flexibility in running the companies. Essar Steel Holdings Ltd and Essar......

Essar Oil plans $100 mn ECB

Essar Oil is in the final stages of negotiations to raise $100 million (about Rs 407 crore) through external commercial borrowingsfor expansion and upgradation of its crude refinery in Khambalia,......

Essar Oil bullish after acquiring UK's Stanlow

Essar Oil recently completed acquisition of Stanlow refinery, Britain's second biggest, in a $350-million deal with Shell.Naresh Nayyar, Managing Director and Chief Executive Officer, Essar Oil,......

Essar Oil delisting: Analysts raise corporate governance issues

When Essar Energy announced plans to delist from the London Stock Exchange early this year, shareholders, as well as the market, had inkling the delisting of Essar Oil, the company’s Indian......