AGC Networks to acquire Black Box, creating a significant global technology solutions provider
DALLAS, MUMBAI, SINGAPORE and PITTSBURGH, November 12, 2018: A wholly-owned subsidiary of global solutions integrator AGC Networks Ltd (BSE/NSE: AGCNET), AGC Networks Pte. Ltd. in Singapore and Black Box Corporation (NASDAQ:BBOX) announced today that they have entered into a definitive merger agreement under which AGC Singapore would acquire all the outstanding shares of Black Box for $1.08 […]
Essar Foundation’s skill development initiative in Chitrakonda, Odisha
Small scale farmers in Chitrakonda area of Malkangiri, Odisha have few opportunities of raising their income. After consulting with local authorities, Essar Foundation worked with community members and self-help groups to provide skills and aid the farmers with alternative livelihood opportunities, using existing water bodies for scientific fish farming. Essar Foundation provided skill training, fingerlings, […]
Essar rebrands first Shell site as expansion continues
Stanlow, October 25th, 2018: Essar Oil UK has rebranded its first Shell site to company colours with the commissioning of Oundle Road service station in Thrapston, Kettering. The company’s UK retail network continues to grow, with the launch representing the 54th site unveiled under the Essar Marque. Run by dealer Karl Rashid and his family since […]
Board and shareholders of Essar Steel offer to make payment aggregating Rs 54,389 crore to creditors of all classes under Section 12A of IBC to withdraw Company from corporate insolvency resolution process
Mumbai, 25 October 2018: The shareholders of Essar Steel have today submitted a proposal to the Committee of Creditors (CoC) for full settlement of the entire admitted claims of the financial creditors, operational creditors, and workmen and employees of Essar Steel India Ltd (ESIL), aggregating Rs 54,389 crore, under Section 12A of the Code. The aforesaid plan […]
Board and shareholders of Essar Steel offer to make payment aggregating Rs 54,389 crore to creditors of all classes under Section 12A of IBC to withdraw Company from corporate insolvency resolution process
Mumbai, 25 October 2018: The shareholders of Essar Steel have today submitted a proposal to the Committee of Creditors (CoC) for full settlement of the entire admitted claims of the financial creditors, operational creditors, and workmen and employees of Essar Steel India Ltd (ESIL), aggregating Rs 54,389 crore, under Section 12A of the Code. The aforesaid plan […]
Healthcare takes centre-stage in Essar’s CSR initiatives
Access to affordable healthcare in remote areas of rural India is a challenge. As part of its community initiatives near Essar’s CBM project at Raniganj (Durgapur, West Bengal), mobile medical units (MMUs) are deployed across several villages. The MMUs ensure that the neighbouring rural communities have access to quality and timely primary healthcare. Since 2010, […]
Essar Foundation’s Project Sufalam is helping paddy farmers in remote areas of Durgapur, West Bengal
Essar Foundation’s Project Sufalam, which promotes ‘System of Rice Intensification’, is helping farmers in remote areas of Durgapur, West Bengal. The project is aimed at educating and training farmers on improved methods for better produce and income. Prashanta Mondal, a trainee at Project Sufalam, shares his success story.
Essar completes Rs 8,000-crore capex cycle for 2×600 MW Mahan power project; commissions second unit
Mahan (Madhya Pradesh) & Mumbai, 10 October 2018: Essar Power today announced the completion of the Rs 8,000-crore capex programme for its 2×600 MW Mahan power plant project with the commissioning of the plant’s second 600 MW unit. Both units of the project are operational and supported by an end-to-end raw material sourcing and evacuation infrastructure. […]
Essar completes Rs 8,000-crore capex cycle for 2×600 MW Mahan power project; commissions second unit
Mahan (Madhya Pradesh) & Mumbai, 10 October 2018: Essar Power today announced the completion of the Rs 8,000-crore capex programme for its 2×600 MW Mahan power plant project with the commissioning of the plant’s second 600 MW unit. Both units of the project are operational and supported by an end-to-end raw material sourcing and evacuation infrastructure. […]
Essar Foundation conducts eye care drive for school children
Children often develop poor vision due to nutritional or genetic factors, and if not checked regularly may go undiagnosed. A large part of learning problems and performance issues in school is associated with common vision problems and refractive error. Regular eye check-ups are essential for children, and hence eye care camps have been a key […]
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