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Essar Capital hires Religare exec as senior MD

Finance

19 October, 2020

Essar Capital hires Religare exec as senior MD

The Ruia family-backed Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, has appointed a former Religare Finvest ......

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

General

17 August, 2020

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......

AGC Networks buys Australia, New Zealand communications technology firm Pyrios

TMT

14 August, 2020

AGC Networks buys Australia, New Zealand communications technology firm Pyrios

Essar group company AGC Networks Ltd has acquired Pyrios, an Australia- and New Zealand-based communications technology firm that provides customer ......

Mubadala outplays Essar to negotiate with Petrobras for Brazilian refinery

Manufacturing

10 July, 2020

Mubadala outplays Essar to negotiate with Petrobras for Brazilian refinery

Abu Dhabi's investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil's second-largest refinery, the ......

Essar group bids for Brazil's second-largest oil refinery

Manufacturing

01 July, 2020

Essar group bids for Brazil's second-largest oil refinery

Indian conglomerate Essar Group made a binding offer to Brazil's Petroleo Brasileiro SA to buy the country's second largest oil ......

Trafigura books $287 mn impairment charge on stake in refiner Nayara Energy

Infrastructure

11 June, 2020

Trafigura books $287 mn impairment charge on stake in refiner Nayara Energy

Trafigura recorded its highest first half net profit since 2016, despite $580 million in impairments, as its oil and metals ......

Essar company to acquire Fujisoft group for boosting presence in West Asia, Africa

TMT

01 June, 2020

Essar company to acquire Fujisoft group for boosting presence in West Asia, Africa

Essar group company AGC Networks Ltd is set to acquire Dubai-based Fujisoft group of companies to expand and increase presence ......

Indian refiner Nayara Energy closes $750 mn pre-payment deal with Trafigura, BP

Manufacturing

01 May, 2019

Indian refiner Nayara Energy closes $750 mn pre-payment deal with Trafigura, BP

Russian-backed Indian refiner Nayara Energy has completed a long-term pre-payment deal with BP and global commodities trader Trafigura for $750 ......

ArcelorMittal eyes Essar port, plant; GIC, Mitsubishi vie for GMR Airports stake

General

20 February, 2019

ArcelorMittal eyes Essar port, plant; GIC, Mitsubishi vie for GMR Airports stake

Essar Group held talks with ArcelorMittal over the sale of its port and power plant at Hazira in Gujarat, The ......

AGC Networks to acquire Nasdaq-listed Black Box for $16.6 mn

TMT

12 November, 2018

AGC Networks to acquire Nasdaq-listed Black Box for $16.6 mn

Essar Group company AGC Networks Ltd has agreed to acquire US-based technology services provider Black Box Corporation for about $16.6 ......