Essar group

2G case: Special court to hear additional spectrum case Monday

A special 2G court in Delhi will hear the additional spectrum case which was stalled during the rule of the previous NDA government. However, the hearing will be sans Bharti Airtel CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia.

Jan 12, 2015, 09:20 AM IST

SC order allays concerns of corporates: Essar

Essar Group Friday said the Supreme Court order setting aside a special court summoning its Vice Chairman Ravi Ruia will "assuage concerns of corporate leaders regarding misuse of judicial processes".

Jan 09, 2015, 23:31 PM IST

SC quashes summons against Mittal, Ruia in additional spectrum case

In a major relief to Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia, the Supreme Court on Friday set aside the lower court order summoning them as accused in a corruption case related to allocation of additional spectrum during NDA rule in 2002.

Jan 09, 2015, 21:07 PM IST

Additional spectrum case: Relief to Sunil Mittal, Ravi Ruia

The apex court had on December 4 last year, reserved the verdict after hearing counsel for corporate honchos and the CBI.

Jan 09, 2015, 11:42 AM IST

SC sets aside lower court order summoning as accused Mittal, Ruia

Bharti and Ruia have been accused in a corruption case related to allocation of additional spectrum during NDA rule in 2002.

Jan 09, 2015, 10:54 AM IST

SC likely to pronounce verdict on pleas of Mittal, Ruia in spectrum case today

A three-judge bench comprising Chief Justice H L Dattu and justices Madan B Lokur and A K Sikri had reserved the verdict on December 4, last year after hearing counsel for corporate honchos and the CBI.

Jan 08, 2015, 21:29 PM IST

Modi, Putin assure industry of steps to boost bilateral trade

Russian President Vladimir Putin and Prime Minister Narendra Modi on Thursday assured industry leaders from the two countries of measures to enhance bilateral trade and investments.

Dec 11, 2014, 19:35 PM IST

Essar Group signs $10 bn pact to import oil from Russia's Rosneft

In one of the biggest oil deals, Essar Group Thursday signed a USD 10 billion contract to import crude oil from Russia over a 10-year period.

Dec 11, 2014, 17:13 PM IST

Russian bank VTB to lend $1 bn credit to Essar Group

The agreement to this effect was signed by Essar co- founder Shashi Ruia and VTB Chairman Andrey Kostin in presence of Prime Minister Narendra Modi and Russian President Vladmir Putin Thursday.

Dec 11, 2014, 15:46 PM IST

Additional spectrum: Hearing against Mittal, Ruia on Jan 12

The special 2G court on Wednesday fixed January 12 for hearing a corruption case related to allocation of additional spectrum during NDA rule in 2002.

Dec 10, 2014, 15:50 PM IST

SC reserves verdict on pleas of Mittal, Ruia in spectrum case

The Supreme Court on Thursday reserved its verdict on pleas of Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia against a trial court order summoning them as accused in a corruption case related to allocation of additional spectrum during NDA rule in 2002.

Dec 04, 2014, 18:02 PM IST

Essar Oil shares spurt 20% on bourses

Shares of Essar Oil surged 20 percent Wednesday, adding Rs 2,783 crore to its market valuation, in an otherwise flat stock market.

Dec 03, 2014, 21:46 PM IST

2G case: CBI defends summoning of Mittal, Ruia by trial court

CBI, which had not charged Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia, Wednesday defended in the Supreme Court the decision of a Special CBI judge to summon them in a corruption case related to allocation of additional spectrum during NDA rule in 2002.

Dec 03, 2014, 20:47 PM IST

Not handling daily affairs of Sterling Cellular: Ruia to SC

Essar Group promoter Ravi Ruia Thursday told the Supreme Court that he was not connected with the day-to-day affairs of accused company Sterling Cellular Ltd and the special court wrongly summoned him as an accused in a corruption case related to allocation of additional spectrum during the NDA regime in 2002.

Nov 27, 2014, 19:45 PM IST

Essar commissions Rs 6,000-cr pellet complex in Odisha

Essar Thursday announced commissioning of its Rs 6,000 crore integrated pellet complex in Odisha that will convert low-grade iron fines into pellets.

Nov 27, 2014, 17:51 PM IST

Sunil Mittal, Ravi Ruia assail summoning order in spectrum case

Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia Wednesday assailed in the Supreme Court the lower court court summoning them as accused in a corruption case related to allocation of additional spectrum during the NDA regime in 2002.

Nov 26, 2014, 21:53 PM IST

Essar-Loop case: Court to hear final arguments from January 16

A special court on Thursday said that it would hear from January 16 next year the final arguments in a case arising out of the probe into the 2G spectrum allocation scam allegedly involving promoters of Essar Group, Loop Telecom and others.

Nov 20, 2014, 21:16 PM IST

Essar opens Geneva trading office, expands Europe footprint

Essar Group has set up an office in Geneva to trade crude oil, refined petroleum products, coal, iron ore and steel, the head of the new company told Reuters on Wednesday.

Nov 12, 2014, 19:53 PM IST

Essar-Loop case: Court to hear final arguments from Nov 20

A special court Monday concluded recording of defence evidence in a case arising out of the probe into the 2G spectrum allocation scam allegedly involving promoters of Essar Group, Loop Telecom and others and fixed the matter for commencement of final arguments on November 20.

Sep 15, 2014, 21:08 PM IST

Additional spectrum: Hearing against Mittal, Ruia on Dec 10

The special 2G court Monday fixed December 10 for hearing the additional spectrum case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.

Sep 15, 2014, 20:05 PM IST