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Latest Essar Group Stories

2014-08-08 08:29:18

NEW YORK, August 8, 2014 /PRNewswire/ -- Essar Global Fund Limited ("Essar Fund") today announced that it has completed the sale of Aegis USA Inc. ("AUI"), a major outsourcing company in the United States, the Philippines and Costa Rica to Teleperformance through AGC Holdings Limited ("Aegis"), a wholly owned portfolio company of Essar Fund. Aegis will retain and continue to grow the remainder of the BPO business globally across India, Sri Lanka, Malaysia, Australia,...

2014-07-30 08:25:55

DUBLIN, July 30, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Captive Power Generation Market in India 2014-2018" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 Captive Power refers to generation from a unit set up by industry majorly for its own consumption. According to the exact definition as per Electricity Act 2003, it is a power plant set up by any person to generate electricity primarily for his own use and includes a power...

2014-07-24 12:23:48

SAULT STE. MARIE, ON, July 24, 2014 /PRNewswire/ - Essar Steel Algoma Inc. ("Algoma") announced today that it has finalized the terms of its support agreement and corresponding equity commitment with the investment fund that is the ultimate owner of Algoma, Essar Global Fund Limited ("EGFL"), and holders (the "Ad Hoc Noteholder Committee") of more than 70% in principal amount of its 9.875% senior unsecured notes (the "Notes"). This agreement provides Algoma with a near-term capital...

2014-07-17 16:22:12

-Cheniere and EDF sign SPA for LNG sales from Corpus Christi Train 3 HOUSTON, July 17, 2014 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Électricité de France, S.A. ("EDF") under which EDF has agreed to purchase approximately 0.38 million tonnes per annum ("mtpa") of...

2014-07-16 12:22:46

SAULT STE. MARIE, ON, July 16, 2014 /PRNewswire/ - Essar Steel Algoma Inc. ("Algoma") announced today that it has reached an agreement in principle with the investment fund that is the ultimate owner of Algoma, Essar Global Fund Limited ("EGFL"), and holders of more than 70% in principal amount of its 9.875% senior unsecured notes (the "Ad Hoc Noteholder Committee"). This agreement provides for a near-term cash infusion from EGFL and a substantial deleveraging of Algoma's balance...

2014-07-09 16:30:50

NEW YORK, July 9, 2014 /PRNewswire/ -- AGC Holdings Limited ("Aegis" ), a wholly owned portfolio company of Essar Global Fund Limited ("Essar Fund") has entered into a definitive agreement with Teleperformance to sell Aegis USA Inc. ("AUI"), a major outsourcing company in the United States, the Philippines and Costa Rica. The consideration for the transaction is US$ 610 million. Aegis will continue to retain the remainder of the BPO business globally across India, Sri Lanka,...

2014-07-07 08:30:38

DALLAS and MUMBAI, July 7, 2014 /PRNewswire/ -- - Third Time Aegis Wins the Honors From Indo-American Chamber of Commerce for an Aggressive Growth Strategy in USA - Also Acknowledged With the Excellence in Corporate Social Responsibility (CSR) - With More Than 95% of its Workforce Indigenous in Nature, Aegis Employs Over 5000 People Across 8 Centers in USA Aegis Limited, a global outsourcing and technology services company, today announced that the...

2014-07-01 08:24:12

- Cheniere completes contracting for Corpus Christi Liquefaction Trains 1 & 2 HOUSTON, July 1, 2014 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with PT Pertamina (Persero) ("Pertamina") under which Pertamina has agreed to purchase approximately 0.76 million tonnes per...

2014-06-30 08:24:21

- Cheniere and Woodside sign SPA for LNG sales from Corpus Christi HOUSTON, June 30, 2014 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Woodside Energy Trading Singapore Pte Ltd ("Woodside") under which Woodside has agreed to purchase approximately 0.85 million tonnes per...

2014-06-27 16:21:33

HIBBING, MN, June 27, 2014 /PRNewswire/ - Essar Steel Minnesota LLC ("ESML") announced today that it has obtained the requisite consents from the holders of its $450,000,000 aggregate principal amount outstanding of 11.500% Senior Secured Notes due 2020 (the "Notes") pursuant to its previously announced consent solicitation. Accordingly, the Supplemental Indenture and the Amendment to the Escrow Agreement (each as defined in the Notice of Consent Solicitation dated June 23, 2014 (as...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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