Mr SK Tripathi CDM of MSTC spoke to Excerpts of Business Line about how the high dividend paying company is reengineering its strategies to adapt to changing economic realities and improve profitability. Q-How has the economic slowdown ...
Tags: economic, revenue, market, E-commerce
Business Line reported that Essar Foundation will provide medical aid to over 10,000 heads of cattle through vaccination camps and public awareness programs in 10 villages surrounding the Vadinar refinery in Jamnagar district of Gujarat. ...
Business Line reported that the Indian Institute of Materials Management’s Durgapur chapter organized a seminar on “Challenges facing Indian steel industry - A supply chain perspective”, on December 23. Mr PK Singh ...
Tags: Indian Institute of Materials Management, India, steel plants
As a part of it’s CSR drive and with a pledge to provide the local people a healthy life, the Essar Steel at Paradeep launched another health care program on 22nd December 2012.The program entitled Healthy Smiles Program aims to ...
Tags: CSR drive, Essar Steel, health care program, Healthy Smiles Program
Essar Steel of Minnesota got some help from the Iron Range Resources & Rehabilitation Board Thursday, when the board voted to extend the deadline for payment of USD 6.7 million in a loan and interest from December 31, 2012, to October 1, ...
Tags: Essar Steel Minnesota, Iron Range Resources, Essar Steel, iron
Business Standard reported that Essar Ports Ltd has commissioned its 16 million tonne dry bulk terminal at Odisha’s Paradip Port, which will handle iron ore, mainly for its group company, Essar Steel, and dry bulk cargo for third ...
Tags: Essar Ports, dry bulk terminal, iron ore, dry bulk cargo
IANS reported that Essar Power,a subsidiary of Essar Energy Plc said the 600 MW unit was part of its 1,200 MW Mahan I power project.This was Essar Power's eighth operational power plant,taking its generation capacity to 3,910 MW.The 600 MW ...
Tags: Energy, Essar Power, Power Generator, Cost
My Digit reported that Essar Steel is likely to return to profits by 2013-14 banking on full capacity utilization of its 10 million tonnes per annum steel making operations at Hazira. A senior company official said that"We are focusing on ...
Tags: Essar Steel, steel making operation, Hazira
Essar Energy plc,the India focused integrated energy company,announced that the 600 MW unit 1 of its 1,200MW Mahan I power project has been synchronized with the transmission grid and has commenced generating power. Mahan I,in Madhya ...
Tags: Essar Energy plc, energy company, India, Mahan I project
Business Line reported that 10 bids were received for a pie of the INR 4,000 crore civil works contract to build a rail track between Bhaupur and Khurja in Uttar Pradesh,a 343 kilometer segment of the dedicated eastern freight corridor. ...
Tags: 10 bids, eastern rail freight corridor, civil works, India
PTI reported that the National Green Tribunal has sought replies of the Union and the Odisha governments and Essar Steel to a plea accusing the firm of drawing water from Baitarani River without forest clearance to facilitate iron ore ...
Tags: National Green Tribunal, Essar Steel, iron ore, iron industry, steel
Operations at New Zim Steel are expected to resume next month after Cabinet guaranteed the investor that the initial deal signed between the Government and Essar Group stands. This brings relief to over 3 000 workers who have gone for ...
Tags: New Zim Steel, Essar Group, resume, pay the workers, mining
United Steelworkers Local 2251 has filed a grievance against Essar Steel Algoma claiming the company has employed outside workers to do jobs claimed by the union. Mr Mike DaPrat,Local 2251 president said the union believes this violates ...
Tags: United Steelworkers, Essar Steel Algoma, contract, retirees
PTI reported that Essar Shipping is planning to convert around INR 800 crore of total INR 5,500 crore debt into dollar loans to bring down the interest burden. Mr AR Ramakrishnan MD of Essar Shipping said that "We are planning to convert ...
Tags: interest burden, financing cost, domestic and foreign banks
The Corporate Social Responsibility and Health Safety and Environment teams of ESSAR Steel Complex at Paradeep in jagatsinghpur district jointly organized National Energy Conservation Day which is observed nationally on 14th December each ...
Tags: wasteful use of energy, available energy efficiently, conserving energy