SENSEX NIFTY

Essar Group

Dec 01, 2016 at 20:10 | Source: PTI
Competition Commission has cleared the USD 13 billion all-cash deal involving Essar Oil and Russian major Rosneft as well as its partners.
Oct 26, 2016 at 08:12 | Source: Moneycontrol.com
In a shot in the arm for the debt-laden Essar Group, American hedge fund Farallon Capital has come forward to offer a 'bridge equity' of about Rs 1500 crore, reports The Economic Times.
Oct 22, 2016 at 15:54 | Source: PTI
Within days of Essar Group signing a mega USD 12.9-billion asset sale in its oil business, three top lenders -- ICICI Bank, Axis Bank and StanChart -- have got back an estimated USD 2.5 billion as part of the first payment for their debt exposure to the Ruias-led conglomerate.
Oct 19, 2016 at 09:39 | Source: CNBC-TV18
The market currently is fairly valued, but equities will always be volatile in near term, says Prashant Jain, CIO of HDFC Mutual Fund, adding that one must invest into equities at any point the market corrects due to global reasons.
Oct 19, 2016 at 09:04 | Source: Moneycontrol.com
Morgan Stanley is equal-weight on ICICI Bank with target price at Rs 255 per share as credit cost estimates for next three years remain unchanged. It says stock surge post deleveraging of Essar group offsets some recent weakness and have assumed a total provisioning of over Rs 30000 crore in next three years.
Oct 18, 2016 at 14:24 | Source: Reuters
UCP and its partner Trafigura signed an agreement on Saturday to buy a 49 percent stake in Essar Oil, which includes a 400,000 barrels per day (bpd) refinery, import and export facilities, and gas stations.
Oct 17, 2016 at 16:14 | Source: PTI
According to Kotak Institutional Equities, the sale of Essar Group's 'entire' holding in Essar Oil and Vadinar port to Rosneft, Trifugra and UCP will allay the market's concerns about Indian banks' exposure to Essar Group.
Oct 17, 2016 at 16:12 | Source: CNBC-TV18
The Essar Group has a total debt of about USD 17 billion, with ICICI being one of its largest lenders.
Oct 17, 2016 at 14:30 | Source: PTI
Essar signed agreements on Saturday to sell 49 percent in the 20 million tons a year Vadinar refinery in Gujarat, the adjacent port and over 2,700 petrol pumps to world's largest listed oil company.
Oct 17, 2016 at 11:53 | Source: CNBC-TV18
Essar Group lenders gain on account of relief from the Essar-Rosneft deal. Siddharth Purohit, Senior Research analyst at Angel Broking speaking to CNBC-TV18 said that it is a positive development for ICICI Bank, one of the major lenders to the group.
Messages on Essar Group »

kkfun1

Platinum Member

69 Followers

AGC Networks  

Parent of AGC, ESSAR group has already reduced its debts and so it parent AVAYA going to reduce its debt by selling its call centre business so all in all its a double whammy for AGC shareholders, HOLD it for now. Next target 95 by this Friday.

3.50 PM Nov 29th

Old_Fox

Gold Member

30 Followers

Essar Shipping  

Value Investors... The Biggest Discount Sale on a Muhurat Trading this year is offered by the Essar Group today for their only listed company. The Shares of Essar Shipping having a Book Value of Rs. 325.33 are available at a 90% Discount to the Book Value. An open invitation to value investors like

10.12 AM Oct 30th

Wire News

Platinum Member

673 Followers

News Now  

Within days of Essar Group signing a mega USD 12.9-billion asset sale in its oil business, three top lenders -- ICICI Bank, Axis Bank and StanChart -- have got back an estimated USD 2.5 billion as part of the first payment for their debt exposure to the Ruias-led conglomerate.

3.54 PM Oct 22nd

premiumstoc
ktips

New Member

100 Followers

ICICI Bank  

ICICI Bank surged over 4% on expectations that it would receive its due after the Essar group last week signed a binding agreement with Russia s Rosneft, United Capital Partners and Trafigura Group Pte. to sell 98% in its most priced asset, the 20 million tonnes per annum Vadinar refinery

4.27 PM Oct 20th

slp1957

New Member

0 Follower

Edelweiss  

agree with PKK07 essar group is badmash group no any mutual fund also trust in any scrip of ruias promoted company`s

2.00 PM Oct 20th

toshi999

New Member

3 Followers

Edelweiss  

Apne yad dilaya to mujhe yad aaya.Essar group brought new public issue for new company as AEC ENTERPRISE @Rs.20.I lost Rs. 2000. and gained nothing till date.Nye loot machi thi us samay.In logo ne aam public ka bahut khoon choosa hai.

4.01 PM Oct 19th

amateurinve
stor

Platinum Member

2483 Followers

index  

believe it or not. reliance groups of both brothers have total debt of over 4 lakh crore. jp group, essar group and adani group each have over 1 lakh cr debt. gmr, gvk, lanco and videocon all have over 50000 cr debt.

10.40 PM Oct 18th

amateurinve
stor

Platinum Member

2483 Followers

index  

the essar oil debt also, the figure is small and not as markets jumped into becoz only half of the money is repaid to banks. so the euphoria may die down tomorrow. however, if other assets of essar group like the refinery in uk, cbm blocks in india, power and steel ventures etc. are also sold, then banks

10.33 PM Oct 18th

vaidymedicl
aim

New Member

1 Followers

Vindhya Telelin  

Look at Essar Ports after they delisted. Demerger has resulted in shareholders being allotted shares in other Essar group companies. As regulatory bodies come out with strong decisions, holding cos. may eventually have to demerge split holdings to share holders.

3.17 PM Oct 18th

sonyspares

Silver Member

2 Followers

ICICI Bank  

Time to book profits ..only 15% of NPA is of essar group. Takes many years to get rid of pain in the banking industry. Loan growth will also be tardy

12.44 PM Oct 18th

News across the web »
Jul 09, 2015 at 20:10 | Source: FirstPost
Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.