Essar Securities
- All
- News
- Videos
-
India Crude Import Policy Overhaul Gives State Refiners Leeway
India's cabinet on Wednesday agreed to let state-owned oil refiners devise their own crude import policies so they can secure cheaper oil cargoes in an oversupplied market and improve profitability.
-
NSE to Suspend Trading in Essar Oil from February 10
Top stock exchange NSE has decided to suspend trading in securities of Essar Oil from February 10 on account of the company delisting from the bourses.
-
Essar Secures Loan From Russia's VTB to Delist Shares: Report
India's Essar Group has secured a $330 million loan from Russian bank VTB to delist shares in its oil refining subsidiary Essar Oil two sources familiar with the matter told Reuters.
-
Essar Steel Picks Advisers to Help Sell Stake, Cut Debt
Essar Steel, facing growing pressure from its lenders to cut its debt burden, has appointed ICICI Securities and SBI Capital Markets as advisers to help it sell a stake in the business, the company said.
-
Essar Steel to Raise Fresh Capital to Fund Capex, Pare Debt
As it tries to brace itself against the major headwinds faced by the sector, Ruias-promoted Essar Steel on Saturday said it is looking for buyers to raise fresh capital to fund capital expenditure and pare some of the debt.
-
Sebi Gives Certain Relaxations on Essar Oil Delisting
Providing certain relaxation, capital market regulator Sebi (Securities and Exchange Board of India) on Friday gave more time to the promoter of Essar Oil to finalise the delisting offer.
-
When a Pigeon Got Security Agencies Sweating in Gujarat
A pigeon drinking water from a tank in Gujarat's Salaya Essar Jetty. Nothing remarkable about that. Except this bird wore a metal ring on one leg. On the other, it wore a chip-like object. What followed was a hue and cry among security agencies that reached Delhi within a week.
-
BSE, NSE to move 65 stocks to restricted trading segment
Leading bourses National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will shift securities of various companies to the restricted trading segment on their platforms, with effect from November 11, to ensure market safety and safeguard investor interests.
-
Essar Energy Mauritius arm to buy 2.4 per cent stake in Essar Oil
London-listed Essar Energy Plc said has said that its Mauritius-based unit will buy 2.41 per cent stake in Essar Oil for over Rs 267 crore.
-
Companies to seek extension of June deadline, easing norms from Sebi
With less than two months left for lowering their promoter holding to 75 per cent, many private sector companies are planning to petition Sebi to relax the norms -- either by way of a deadline extension or relaxation in the compliance procedures.
-
Airtel, Vodafone, others under tax radar for alleged undervalue of shares
Essar group entities, Vodafone and Bharti Airtel figure in the list of companies which were found to have undervalued shares and have faced transfer pricing (TP) adjustments in 2012-13.
-
Oil minister rules out rolling back diesel price hike
Oil minister Veerappa Moily today categorically ruled out rolling back the decision to allow state-run oil retailers raise prices of diesel by up to Rs 0.50 a litre each month to gradually align them with market rates, in a bid to reduce an expanding subsidy bill and budget deficit.
-
RIL results strong, but wait for a re-rate, advise analysts
Reliance Industries, India's biggest company by market capitalisation, posted a 24 per cent profit for the quarter ended December 2012 year on year, beating estimates. Here is what experts said.
-
Diesel price hike may boost refiners, divestment drive
India's move to raise the price of subsidised diesel should help with its plans to sell shares in state companies including Oil India Ltd to help bridge the government's fiscal deficit and give a boost to private oil refiners looking to enter the market for bulk diesel sales.
-
20 more firms to come under retrospective tax law, say sources
The additional cases will generate revenue of Rs 25,000 crore, ministry officials said, excluding the Rs 20,000 crore the government hopes to recover from British telecom operator Vodafone group. Euro Pacific Security and Pan Asia have already paid the taxes as per the IT Department’s tax demand, ministry officials said.
-
India Crude Import Policy Overhaul Gives State Refiners Leeway
India's cabinet on Wednesday agreed to let state-owned oil refiners devise their own crude import policies so they can secure cheaper oil cargoes in an oversupplied market and improve profitability.
-
NSE to Suspend Trading in Essar Oil from February 10
Top stock exchange NSE has decided to suspend trading in securities of Essar Oil from February 10 on account of the company delisting from the bourses.
-
Essar Secures Loan From Russia's VTB to Delist Shares: Report
India's Essar Group has secured a $330 million loan from Russian bank VTB to delist shares in its oil refining subsidiary Essar Oil two sources familiar with the matter told Reuters.
-
Essar Steel Picks Advisers to Help Sell Stake, Cut Debt
Essar Steel, facing growing pressure from its lenders to cut its debt burden, has appointed ICICI Securities and SBI Capital Markets as advisers to help it sell a stake in the business, the company said.
-
Essar Steel to Raise Fresh Capital to Fund Capex, Pare Debt
As it tries to brace itself against the major headwinds faced by the sector, Ruias-promoted Essar Steel on Saturday said it is looking for buyers to raise fresh capital to fund capital expenditure and pare some of the debt.
-
Sebi Gives Certain Relaxations on Essar Oil Delisting
Providing certain relaxation, capital market regulator Sebi (Securities and Exchange Board of India) on Friday gave more time to the promoter of Essar Oil to finalise the delisting offer.
-
When a Pigeon Got Security Agencies Sweating in Gujarat
A pigeon drinking water from a tank in Gujarat's Salaya Essar Jetty. Nothing remarkable about that. Except this bird wore a metal ring on one leg. On the other, it wore a chip-like object. What followed was a hue and cry among security agencies that reached Delhi within a week.
-
BSE, NSE to move 65 stocks to restricted trading segment
Leading bourses National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will shift securities of various companies to the restricted trading segment on their platforms, with effect from November 11, to ensure market safety and safeguard investor interests.
-
Essar Energy Mauritius arm to buy 2.4 per cent stake in Essar Oil
London-listed Essar Energy Plc said has said that its Mauritius-based unit will buy 2.41 per cent stake in Essar Oil for over Rs 267 crore.
-
Companies to seek extension of June deadline, easing norms from Sebi
With less than two months left for lowering their promoter holding to 75 per cent, many private sector companies are planning to petition Sebi to relax the norms -- either by way of a deadline extension or relaxation in the compliance procedures.
-
Airtel, Vodafone, others under tax radar for alleged undervalue of shares
Essar group entities, Vodafone and Bharti Airtel figure in the list of companies which were found to have undervalued shares and have faced transfer pricing (TP) adjustments in 2012-13.
-
Oil minister rules out rolling back diesel price hike
Oil minister Veerappa Moily today categorically ruled out rolling back the decision to allow state-run oil retailers raise prices of diesel by up to Rs 0.50 a litre each month to gradually align them with market rates, in a bid to reduce an expanding subsidy bill and budget deficit.
-
RIL results strong, but wait for a re-rate, advise analysts
Reliance Industries, India's biggest company by market capitalisation, posted a 24 per cent profit for the quarter ended December 2012 year on year, beating estimates. Here is what experts said.
-
Diesel price hike may boost refiners, divestment drive
India's move to raise the price of subsidised diesel should help with its plans to sell shares in state companies including Oil India Ltd to help bridge the government's fiscal deficit and give a boost to private oil refiners looking to enter the market for bulk diesel sales.
-
20 more firms to come under retrospective tax law, say sources
The additional cases will generate revenue of Rs 25,000 crore, ministry officials said, excluding the Rs 20,000 crore the government hopes to recover from British telecom operator Vodafone group. Euro Pacific Security and Pan Asia have already paid the taxes as per the IT Department’s tax demand, ministry officials said.
