Essar Energy loses power after Indian tax bill ruling

http://www.guardian.co.uk

Essar Energy loses power after Indian tax bill ruling

Essar Energy looks likes a classic example of a high-risk, low-visibility stock that most savers could happily live withoutIndian power provider Essar Energy was last year’s worst performing stock in the FTSE 100 index and now it’s fallen out of the back of the pack again. Last year’s fall was 70%.