Essar Steel to supply 1 mt steel to Posco Steel India for Rs 5,000 crore The development holds significance as Essar Steel is still undergoing insolvency resolution process for having failed to ...

Steel tycoon Lakshmi Mittal wins his $6 billion bid for bankrupt Essar Steel owned by the Ruia family earlier. The latest Supreme Court verdict has set a precedent on how the sale proceeds of a ...

Essar Steel, which runs a 10-million-tonne steel mill in Gujarat, owes more than Rs 49,000 crore to over two dozen banks led by SBI and has been under bankruptcy proceedings. As per the resolution ...

The Hazira steel plant is the country's largest single-location flat steel plant. It was set up by Essar at a cost of more than Rs30,000 crore and was acquired by Arcelor Mittal in bankruptcy ...

They were among the first movers after India started liberalising its economy with investments in shipping, steel, power and refining. Essar set up India's first independent power generation ...

Last week, the Supreme Court paved the way for ArcelorMittal's takeover of debt-ridden Essar Steel for Rs 42,000 crore and set aside the July 4 NCLAT order giving equal status to financial ...

industries and governments race to reduce their carbon footprints and accelerate sustainability efforts. A major private conglomerate, the Essar Group, is leading this ...

Essar Shipping Ltd was incorporated on April 16, 2010 with the name of Essar Ports & Terminals Ltd in the State of Gujarat. The company received the certificate of commencement of business on June ...

Managing director TV Narendran, a Tata Steel veteran who has risen through the ranks, says the company may add 5 million tonnes to 3-mt capacity at its new plant in Odisha PE investor Farallon Capital ...

With its re-entry into the steel business, the Essar group plans to open three projects are situated in Saudi Arabia, USA and India with a total investment of USD eight billion. Essar Group ...