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Essar Group to delist Essar Ports, Essar Shipping
The Essar Group plans to delist two of its units�Essar Shipping Ltd and Essar Ports Ltd�from the bourses and has cited lack of investor appetite and the promoter group's need for increased flexibility as the rationale for this.
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Greka Drilling Shares Jump After Spudding First Well In Essar Deal
The company agreed a USD65 million contract to drill 100 wells for Essar Oil Ltd, part of Essar Energy PLC, earlier in the year.
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Afren Fires Four Over Nigeria Payments
Afren's woes follow this year's hostile bid for and subsequent delisting of Indian refining and power company Essar Energy PLC by the company's majority shareholder, as well as shareholder fights in the past couple of years at Indonesian coal miner ...
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India PM uses oil price slump to ease curbs deterring Chevron
The decision will encourage private retailers to restart idle fuel pumps, and consumers will be the main beneficiaries of rising competition, Lalit Kumar Gupta, chief executive officer of Mumbai-based Essar Oil said, without elaborating. Reliance and ...
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India Court Scraps Coal Mine Permits, Stoking Power Cost
The cost of fuel at power plants fired by coal from the affected mines will almost double, said Essar Energy Plc Chief Executive Officer Sushil Maroo.
Greenpeace lauds India court ruling on illegal coal allocations  Reuters UK
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Trade union strikes: cutting through the myths. Part two � what next?
In part two of this series, we take a closer look at what action has been announced and the options open to employers. So what mandate does the union now have?
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Shell Sells Oml 29 to Aiteo, Taleveras Consortium
Under the on-going divestment of four Nigerian oil blocks by Shell, Midwestern Oil & Gas Plc/Mart Resources/Suntrust Oil, under the Erotron Consortium, won the bid for OML 18, having offered $1.2 billion for the oil block.
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Greenpeace India lauds landmark ruling by court on illegal coal
The project has been at the centre of bitter battle between local villagers and the MCL jointly owned by Essar Energy Plc and the Aditya Birla-owned Hindalco Industries Limited, which wants to mine part of the Mahan forest for coal.
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Greenpeace India lauds landmark ruling by court on illegal coal allocations
The project has been at the centre of bitter battle between local villagers and the MCL jointly owned by Essar Energy Plc and the Aditya Birla-owned Hindalco Industries Limited, which wants to mine part of the Mahan forest for coal.
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Complex rules, rise in white-collar crimes drive up legal expenses
At the same time, there has been a rise in high-value litigation as well, such as the cases involving Vodafone Group Plc. and Royal Dutch Shell Plc. in which the Indian tax department has claimed Rs.15,000 crore that it says the two companies owe it ...