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1-10 results from 481 for query «essar»

19 March, 2018 11:57 AM Private fuel retailers double petrol, diesel market share

Private fuel retailers like Rosneft-owned Essar Oil and Reliance Industries have doubled their market share in the last three years, capturing close to 7% of petrol sales and over 8% of diesel sales. Oil Minister Dharmendra Pradhan, in a written reply to a question put to him in the Lok Sabha, said private companies were allowed to sell petrol and diesel 44

5 March, 2018 4:32 PM Essar arm to double gas production

Essar Oil and Gas to invest ₹900 cr. in West Bengal coal bed methane block Essar Oil and Gas Exploration and Production Ltd. (EOGEPL) , the upstream exploration and production arm of Essar, would invest ₹900 crore to increase its CBM (coal bed methane) production at Ranigunj in West Bengal, according to a top official. “We will now focus on production 38

2 March, 2018 8:48 AM ArcelorMittal To Form Joint Venture With Nippon Steel To Buy Essar Steel

ArcelorMittal SA, the world's largest steelmaker, said on Friday its India unit would form a joint venture with Japan's biggest steelmaker Nippon Steel & Sumitomo Metal Corp to buy steelmaker Essar Steel India Ltd, which is undergoing bankruptcy proceedings. ArcelorMittal unit ArcelorMittal India Pvt Ltd submitted a plan to the National Company Law Tribunal 51

24 February, 2018 3:10 PM ArcelorMittal bid is higher than Numetal for Essar Steel

IRP to assess if the bidders meet the eligibility criteria Laxmi Niwas Mittal-led ArcelorMittal is understood to made the highest bid in excess of ₹50,000 crore to buy distressed Essar Steel as per Insolvency and Bankruptcy (IBC) Code, 2016 provisions. ArcelorMittal bid is said to be much more than that of Mauritius-based special purpose vehicle (SPV) 12

12 February, 2018 4:03 PM ArcelorMittal, Numetal in race for Essar Steel

Vedanta, JSW, Tata Steel keep off; ‘Essar promoter’s son Rewant is minority shareholder in Numetal and can particpate’ Steel baron L.N. Mittal-led ArcelorMittal and Mauritius-based Numetal, backed by Russian VTB Bank and Rewant Ruia as minority shareholder, have submitted bids to buy out distressed Essar Steel, in line with the corporate insolvency resolution 30

12 February, 2018 2:58 PM ArcelorMittal Submits Offer For Debt-Laden Essar Steel

Arcelor Mittal set out a detailed industrial plan for the debt-laden Essar steel to address its operational issues and aimed at improving its performance and profitability. "Essar provides a compelling opportunity for us to enter the high growth Indian steel market. The offer submitted today by AMIPL includes a detailed investment plan to address operational 42

29 January, 2018 1:11 PM Economic Survey 2018: Claims worth Rs 3.13 lakh cr under insolvency proceedings

The Economic Survey 2017-18, tabled by Finance Minister Arun Jaitley in Parliament, further said that of the 11 companies under the Corporate Insolvency Resolution Process (CIRP). Claims worth Rs 3.13 lakh crore, related to 11 defaulting companies notified by the Reserve Bank, are under insolvency proceedings, the pre-budget Economic Survey said today 19

16 January, 2018 2:24 AM Stocks in the news: TCS, Binani Cement, Essar Steel, Tech Mahindra, Kotak Mahindra Bank, Lupin, Merck

TCS | Binani Cements | Essar Steel | Tech Mahindra | Kotak Mahindra Bank | Lupin | IndiGrid | Max Ventures | Blue Star | Axis Bank | IOC | Speciality Restaurants | BSE | PVR | Bank of India | SBI and Shriram Transport Finance are stocks, which are in news today. The Bank has allotted 74,150 equity shares of Rs. 2/- each on 15.01.2018, pursuant to exercise 36

9 January, 2018 2:25 AM Stocks in the news: JP Associates, Vijaya Bank, Sun Pharma, Essar Ports, GVK, SJVN

JP Associates | Vijaya Bank | Sun Pharma | Essar Ports | GVK | Videocon Industries | Tata Motors | Unichem Labs | Orchid Pharma | Andhra Bank | NMDC | Nalco | Siemens | Adani Ports | SJVN are stocks, which are in news today. Unichem Labs Q3 net profit at Rs2,507 crore: The board has approved the buyback proposal for the purchase of its 2.06 crore equity 233

8 January, 2018 3:39 PM Essar Ports eyes 30% rise in revenue

Essar Ports’ investment of more than ₹2,800 crore in its Salaya and Vizag terminal projects is likely to boost the company’s revenue by 30% in FY19 on the back of cargo growth. “The two fully integrated and automated facilities at Salaya and Vizag further the goal of port-led development set by the Government of India,” said Essar Ports CEO Rajiv Agarwal 40