Essar Oil Refinery

Essar appeals SC to review decision on deferred sales tax

On January 17, 2012, the Supreme Court had set aside a Gujarat High Court judgement permitting Essar Oil to avail of a sales tax deferral benefit from the Gujarat Government.

Essar Oil gets Rs 6,300 cr sales tax demand notice from Gujarat govt

Essar Oil said that talks on the repayment plan may take another 60 to 90 days.

SC asks Essar Oil to pay Rs 9,100 cr to Gujarat govt

The Supreme Court today ruled against Essar Oil in a sales tax case and asked the oil company to cough up Rs 9,100 crore to the Gujarat government.

Crisis fears fading away, Indian cos back in profit zone

Things have started improving and some loss-making companies have swung into the black. Firstpost did an analysis of the BSE-500 companies to find out who these turnaround winners are.<br /><br /> <br /><br />