Latest News on Essar Oil
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Essar Oil - Total results - 66
Aug 27, 2012
Essar Oil demands pvt cos be paid same diesel subsidy as PSUsEssar Oil has demanded that it and other private fuel retailers be paid diesel subsidy at par with their public sector competition to create a level playing field.
Aug 15, 2012
Essar Oil steps up heavy crude processing to improve marginsIndia's Essar Oil has significantly raised processing of heavy and ultra heavy crudes at its Vadinar refinery in the western Gujarat state to improve refining margins, the company's managing director said on Tuesday.
Aug 10, 2012
Essar Oil to exit CDR loan facility; hopes for financial flexibilityEssar Oil, the private sector refiner, said it has received approval for exit of Corporate Debt Restructuring (CDR) loan facility, which was set up in December 2004.
Jul 30, 2012
Essar Oil pays Rs 1,000 cr in Gujarat tax dues; shares upThe Gujarat government had frozen the accounts of in its bid to force the company pay sales tax dues worth over Rs 6000 crore.
Jul 25, 2012
NSE excludes Essar Oil, MTNL 49 others from F&O categoryThe announcement comes after market regulator Sebi hiked the benchmark liquidity level for scrips to be eligible for trading in the derivatives segments. The move is aimed at checking any manipulation by doing away with illiquid stocks.
Jul 23, 2012
Essar Oil gets Rs 5,000 cr loan from SBI to repay tax duesEssar Oil is confident that with the bank loan being tied up it will be in a position to meet its entire payment obligations.
Jul 17, 2012
Essar Oil down over 2% on SC order to pay tax duesShares of Essar Oil declined 2 percent on a CNBC-TV18 news that the Supreme Court has asked the company to pay sales tax dues worth Rs 1,000 crore by July 31.
Jul 10, 2012
Gujarat freezes Essar Oil's three bank accounts to recover tax duesEOL expressed "surprise and disappointment" at the Gujarat government's decision to attach its bank accounts saying it had clearly stated that it intends to pay Rs 6,169 crore dues
Jun 26, 2012
Essar Oil's Rs 8,000 cr tax bill sends share slidingThis costly legal battle coupled with foreign exchange losses has plunged Essar Energy, the Indian oil and power generation group which is Essar Oil's parent company, into a $1.14billion pre-tax loss in the 15 months to end-March 2012.
May 28, 2012
Essar Oil Optimises IT Environment With Microsoft Private CloudTurns to Windows Server 2008 R2 with Hyper-V and System Center technology.