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Essar Group Rsquo

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PMO orders probe into Essar-phone tapping controversy

A complaint into the alleged tapping of telephone conversations of some top industrialists and politicians by the Essar Group has been forwarded to the homeministry for “appropriate......

From 2007 to 2017: How the 2G scam case progressed

A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused,......

Raja MISLED Manmohan Singh on 2G allocation: CBI tells SC

The Central Bureau of Investigation on Wednesday argued before a special court that former Telecom Minister A Raja had ‘misled’ the then Prime Minister Manmohan Singh on policy matters......

Vax king Poonawalla shells out Rs 1,400 crore to snap up London villa

Serum Institute of India chief Adar Poonawalla will pay £138 million (about Rs 1,444 crore) for a Mayfair mansion in London in one of the city’s most expensive home sales of the year,......

Adani Power revives old ambitions as power demand surges in India

At present, the largest power producer in the country is NTPC with 75 Gw capacity and the largest private sector player is Adani Power, with Tata Power a close second. Photograph: Amir......

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced......

Essar's US unit files for bankruptcy

In 2007, Essar had said it would set up a $1.8-bn unit in Minnesota, but scaled down from a full-scale taconite steel mill project to pellet plant after the 2008 financial crisis In a setback, the......

Betting on India's growth, top steel firms in midst of big expansion plans

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. Photograph: Amit Dave/Reuters The......

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