Dec 07, 2016 at 15:36 | Source: PTI
"What Rosneft is doing (is) we signed several purchase agreements (and) we are hoping in the next few weeks to close purchasing the Vadinar oil refinery which as you know is one of the top ten refineries in the world," said Andrew James Balgarnie, adviser to CEO of Rosneft, at the Petrotech conference here.
Dec 05, 2016 at 19:45 | Source: Moneycontrol.com
Essar Power Ltd has approached ICICI Bank-led consortium for a strategic restructuring of Rs. 6,564-crore debt of the 1,200 MW Mahan power project set up by a subsidiary.
Dec 05, 2016 at 12:52 | Source: PTI
The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, had in March decided to return the fields to its original licensee after contract with Essar could not be concluded even after 20 years.
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.
Nov 30, 2016 at 21:28 | Source: PTI
The company said commissioning was done in a record 53 days - from IBR hydrotest to final synchronisation - making it among the swiftest in the industry. The first unit was commissioned in July last year.
Nov 30, 2016 at 15:22 | Source: CNBC-TV18
According to Sandeep Wagle, Founder & CEO at powermywealth.com, one may book profits in Essar Shipping at around Rs 33.
Nov 24, 2016 at 11:12 | Source: Reuters
The government will gradually lower the duty from 10 percent this year to 6 percent by 2019, the notification said.
Nov 22, 2016 at 20:10 | Source: PTI
ESIL is the first Indian company to develop bullet proof steel. Till date, this grade of steel is imported from developed countries. Now, ESIL, has also become a part of the elite club who can produce this grade of steel. It is used in light armored vehicles and protective shields or structure.
Nov 21, 2016 at 15:44 | Source: PTI
Four Indian refiners had outstandings of USD 6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to USD 2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the minister said.
Nov 16, 2016 at 09:32 | Source: Reuters
The deal between Essar and a consortium led by Kremlin oil giant Rosneft appeared dead in the water two months ago after Saudi state energy firm Aramco weighed in, according to seven Russia, India and Saudi-based industry sources familiar with or involved in the negotiations.