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essar

MP pollution board asks Essar to pay ₹10 cr for spillage

The board’s action comes on the heels of the Singrauli district collector KVS Chaudhary imposing a fine of ₹50 lakh on the company for damages done to houses and crops of villagers in the vicinity of the plant.
cities
Published on Aug 20, 2019 04:01 am IST

500 farmers lose crops after fly ash spills from Essar’s MP plant, company cries ‘sabotage’

Essar in a statement said the leakage happened on Wednesday night and it was a clear case of “sabotage” by five or six people. The police is investigating the company’s claim.
india news
Updated on Aug 09, 2019 06:20 pm IST

Income tax department questions Matix Group chairman over NuPower links

Matix Group chairman Nishant Kanodia owns the Mauritius-based Firstland Holdings Ltd that invested Rs325 crore in NuPower, a company promoted by Deepak Kochhar (in picture), between 2010 and 2012.
business
Updated on May 31, 2018 01:56 pm IST

NCLAT to hear ArcelorMittal, NuMetal pleas over Essar bid eligibility tomorrow

A building of the ArcelorMittal steel plant is seen in Ghent, Belgium.
business
Updated on May 29, 2018 02:56 pm IST

India turns a bad loan tragedy into a bankruptcy farce

Essar looks like it’s headed for a lengthy day in the courts; in smaller bankruptcies, where there isn’t much value left, the lenders aren’t even bothering to accept offers lest government agencies accuse them of corruption later.
business
Updated on Apr 20, 2018 04:35 pm IST
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