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Rapid EV Adoption in India Fanning Expectations That Fuel Demand Could Peak Early
Electric vehicle adoption in India is growing rapidly, prompting a major rethink about demand for fuel, while refiners in the third-largest economy on the continent are moving away from producing fuel. Despite new momentum in India, the question for the country is whether it will be enough to ultimately shake its fossil fuel dependency. State refin...
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Exclusive: Russia Has No Extra Oil To Sign Deals With Two Indian Buyers; Sources
Indian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Moscow for its invasion of Ukraine on Feb. 24, which Russia calls a "special military operation".
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Nayara Energy & Shell Partner To Retail Lubricants Across India
Mumbai-based Nayara Energy will retail Shell's range of premium engine oils from its 5,300 fuel stations across India, under the new strategic partnership.
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Plea Against Essar Over Toxic Fly Ash Leak In Madhya Pradesh
The NGT Tuesday directed an advocate to approach an oversight committee with his plea seeking action against Essar Power MP Ltd for allegedly damaging crops and environment as fly ash leaked from its power plant in Madhya Pradesh's Singrauli.
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Essar Power MP To Blame For Madhya Pradesh Toxic Ash Leak, Says Report
A three-member committee investigating the leak of toxic material from a coal-fired power plant in Singrauli distict in Madhya Pradesh, which contaminated farmland in a four-kilometre radius, has blamed owners Essar Power MP Ltd. for the incident
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Essar Asked To Pay Rs 50 Lakh To Madhya Pradesh Farmers After Ash Leak
Days after a toxic ash leak at a coal plant in Madhya Pradesh damaged farmland in a 4-km area, the local administration has directed the power company to deposit Rs 50 lakh as compensation to the farmers.
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Toxic Ash Leak At Madhya Pradesh Power Plant, Essar Alleges "Sabotage"
A breach in an artificial pond that stored toxic residue from a coal power plant run by Essar Power MP Ltd has contaminated farmland in a 4-km area in Madhya Pradesh's Singrauli, villagers living in the area have alleged.
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Delhi High Court Issues Notice to Essar, Loop Promoters for Cheating DoT
The CBI told Delhi High Court that the trial court had failed to appreciate the evidence which proved that the accused had hatched a conspiracy to cheat the DoT for obtaining spectrum licence.
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Essar Group Hails Court Verdict Acquitting Its Promoters In 2G Spectrum Allocation Case
The Essar Group today welcomed the judgement of the special court acquitting its promoters Ravi Ruia and Anshuman Ruia in a case arising out of the probe into the 2G spectrum allocation scam.
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Essar Exits BPO Business With Rs 2,000 Crore Aegis Sale
The proceeds from the sale of Aegis and Essar Oil have enabled Essar to retire almost Rs 75,000 crore of debt.
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Essar To Pay Additional Rs 880 Crore To Minority Shareholders
Essar said it received Rs 338.28 per share and, as per its previous commitment, is sharing the same with minority shareholders.
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Essar Oil CEO Quits After Rosneft's $13 Billion Takeover
Rosneft and its partners restructured the board of the company, packing it with their representatives.
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Court Dismisses Essar Steel Appeal Against Bankruptcy Proceedings
The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.
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'Had Bad Experience': Supreme Court Rejects Industrialist Ravi Ruia's Foreign Travel
Dismissing Essar Group promoter Ravi Ruia's request to travel abroad, the Supreme Court today cited "a bad experience" and said a person who had promised to return never did.
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Essar Phone Tapping: Special Probe Team Of Delhi Police Begins Probe
A preliminary enquiry has been initiated by Delhi Police into allegations of tapping of phones of politicians, bureaucrats, industrialists and many other high-profile people by corporate major Essar Group.
-
Rapid EV Adoption in India Fanning Expectations That Fuel Demand Could Peak Early
Electric vehicle adoption in India is growing rapidly, prompting a major rethink about demand for fuel, while refiners in the third-largest economy on the continent are moving away from producing fuel. Despite new momentum in India, the question for the country is whether it will be enough to ultimately shake its fossil fuel dependency. State refin...
-
Exclusive: Russia Has No Extra Oil To Sign Deals With Two Indian Buyers; Sources
Indian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Moscow for its invasion of Ukraine on Feb. 24, which Russia calls a "special military operation".
-
Nayara Energy & Shell Partner To Retail Lubricants Across India
Mumbai-based Nayara Energy will retail Shell's range of premium engine oils from its 5,300 fuel stations across India, under the new strategic partnership.
-
Plea Against Essar Over Toxic Fly Ash Leak In Madhya Pradesh
The NGT Tuesday directed an advocate to approach an oversight committee with his plea seeking action against Essar Power MP Ltd for allegedly damaging crops and environment as fly ash leaked from its power plant in Madhya Pradesh's Singrauli.
-
Essar Power MP To Blame For Madhya Pradesh Toxic Ash Leak, Says Report
A three-member committee investigating the leak of toxic material from a coal-fired power plant in Singrauli distict in Madhya Pradesh, which contaminated farmland in a four-kilometre radius, has blamed owners Essar Power MP Ltd. for the incident
-
Essar Asked To Pay Rs 50 Lakh To Madhya Pradesh Farmers After Ash Leak
Days after a toxic ash leak at a coal plant in Madhya Pradesh damaged farmland in a 4-km area, the local administration has directed the power company to deposit Rs 50 lakh as compensation to the farmers.
-
Toxic Ash Leak At Madhya Pradesh Power Plant, Essar Alleges "Sabotage"
A breach in an artificial pond that stored toxic residue from a coal power plant run by Essar Power MP Ltd has contaminated farmland in a 4-km area in Madhya Pradesh's Singrauli, villagers living in the area have alleged.
-
Delhi High Court Issues Notice to Essar, Loop Promoters for Cheating DoT
The CBI told Delhi High Court that the trial court had failed to appreciate the evidence which proved that the accused had hatched a conspiracy to cheat the DoT for obtaining spectrum licence.
-
Essar Group Hails Court Verdict Acquitting Its Promoters In 2G Spectrum Allocation Case
The Essar Group today welcomed the judgement of the special court acquitting its promoters Ravi Ruia and Anshuman Ruia in a case arising out of the probe into the 2G spectrum allocation scam.
-
Essar Exits BPO Business With Rs 2,000 Crore Aegis Sale
The proceeds from the sale of Aegis and Essar Oil have enabled Essar to retire almost Rs 75,000 crore of debt.
-
Essar To Pay Additional Rs 880 Crore To Minority Shareholders
Essar said it received Rs 338.28 per share and, as per its previous commitment, is sharing the same with minority shareholders.
-
Essar Oil CEO Quits After Rosneft's $13 Billion Takeover
Rosneft and its partners restructured the board of the company, packing it with their representatives.
-
Court Dismisses Essar Steel Appeal Against Bankruptcy Proceedings
The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.
-
'Had Bad Experience': Supreme Court Rejects Industrialist Ravi Ruia's Foreign Travel
Dismissing Essar Group promoter Ravi Ruia's request to travel abroad, the Supreme Court today cited "a bad experience" and said a person who had promised to return never did.
-
Essar Phone Tapping: Special Probe Team Of Delhi Police Begins Probe
A preliminary enquiry has been initiated by Delhi Police into allegations of tapping of phones of politicians, bureaucrats, industrialists and many other high-profile people by corporate major Essar Group.
