Bigul

Key miners in Odisha look to ramp up iron ore production on firm demand

Key merchant miners in Odisha are looking at scaling up their iron ore mine production capacities, riding on a robust demand. Alongside the firm demand from end use industries, buoyancy in prices is spurring miners to expand output.KJS Ahluwalia, a major non-captive miner, has sought green clearance to raise capacity at its Nuagaon iron ore mines from 5.62 million tonnes per annum (mtpa) to 7.99 mtpa. The miner is also keen to install a beneficiation plant with two mtpa capacity along with crusher and screen plants. The facilities are to come up within the miner's leasehold area.Aditya Birla Group owned Essel Mining & Industries Ltd, too, has proposed to enhance capacity of its Koira iron ore mines from four to six mtpa. Public hearing for the proposed expansion is scheduled on October 30.Besides, Thakurani iron ore mines under the leasehold of Kaypee Enterprises has sought to expand run of the mine iron ore production capacity from 5.5 to 7.99 mtpa. "Demand continues to be...
29-09-2018
Bigul

Financial services finds feet in Essel group

Essel group recently bought 62% in public-listed LKP Finance, which will be completed after the mandatory open offer for the company's shares at Rs 198 apiece scheduled to end on October 4.
27-09-2018

Amcor, Huhtamaki in talks to acquire Essel Propack

Essel's promoter group led by Ashok Goel, the younger brother of founder Subhash Chandra, has mandated Morgan Stanley to manage the Essel Propack sale
24-09-2018

Essel Group-backed Ezmall eyes fresh funding

Ezmall gets a majority of its sales from home accessories, kitchen and fashion products. It also sells mobile phones and other electronics.
21-09-2018
Bigul

LKP Finance: Open offer begins

The open offer to shareholders of LKP Finance from Essel group (Dakshin Mercantile) opens on Wednesday and closes on October 4. The latter plans to a
18-09-2018
Bigul

Announcements Under Regulation 30 (LODR) Regulations, 2015.

Issuance of Commercial Papers of Rs. 60 Crores.
10-09-2018
Bigul

Subhash Chandra's Essel Group enters cruise tourism with new firm

With investment of $100-125 mn, Zen Cruises to make maiden journey by 2019
02-09-2018
Bigul

Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)

Disclosure pursuant to Regulation 30 of SEBI LODR Regulation 2015 in relation to resignation of CFO and assigning of CFO functions to Mr. Vinay Mokashi, Financial Control of the Company.
01-09-2018
Bigul

Subhash Chandra-led Essel Group to launch cruise liner in November

According to industry estimates, close to 200,000 people took cruises in 2017 in India. Estimates peg that this year, this number could grow to 296,000
30-08-2018
Bigul

Intimation To Shareholders Regarding Transfer Of Shares Mandatorily In Demat Mode.

Intimation to shareholders regarding transfer of shares mandatorily in demat mode.
29-08-2018
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