Tags » Essar Group

Essar Group Considering Delisting

Mumbai-based Essar Group, controlled by billionaire brothers Shashikant and Ravikant Ruia, is considering delisting all its publicly traded units and plans to sell some assets. The group plans to take  57 more words

Global Glance

Yu quits Kenya – Orange to follow?

India’s Essar Group has quit Kenya with the sale of Yu, its mobile operation in the country, for a reported figure of around USD100m.

The Communications Authority of Kenya (CAK) recently said that it intended to approve applications from Safaricom and Airtel Kenya to acquire Essar’s assets subject to conditions. 480 more words


Riot of colour

A dabchick in the golden waters of a pond near the Visakhapatnam Port Trust. The water is used for sprinkling to control heat and dust emissions from coal stacks in Visakhapatnam.— Photo: K.R. Deepak


Forecast darkens for Indian economy

The statistical evidence is piling up that India’s economy may be in even worse shape than had been thought.

India’s economy slowed in early summer to its weakest pace since the bottom of the global economic downturn in 2009, government statistics released on Friday evening showed. 860 more words



GOVERNMENT is next week expected to commission a $68 million dualized section of the Airport Road in bid to ease congestion and create a direct link between the central business district and Harare International  Airport.This is ridiculous,is this a priority for Zimbabwe? 217 more words


Perfect Relations wins Indian Consultancy of the Year 2013 by Holmes Report

Each year, the Holmes Report awards the best Public Relations agency of the region. This year, Perfect Relations was awarded the Indian Consultancy of The Year. 313 more words

Public Relations

Morgan Stanley to invest Rs 12 billion in wind energy company Continuum for majority stake

According to reports,  Morgan Stanley Infrastructure Partners, an arm of the US investment bank, has agreed to pay Rs 1,200 crore to buy a majority stake in a wind energy firm, highlighting the increasing interest of US private equity firms in Indian renewable assets. 245 more words

CleanTech/ Renewable Energy