news years: 2019

This Diwali, Essar Foundation celebrates the #BharatKiLaxmi movement by illuminating the spirit of women entrepreneurship and empowerment. ‘The Great Essar Flea Bazaar’ was organised at Essar House, Mumbai, where Essarites welcomed NGOs and Self Help Groups, viz. women-led, to exhibit their Diwali-special merchandise. The bazaar displayed an array of Diwali savouries, decorations and clothing which […]

With Hon. Prime Minister Shri Narendra Modi appealing for a plastic-free India, students of Essar-supported Saraswati Shishu Mandir have pledged to be the ‘Hygiene Champions’ of Singrauli village in Madhya Pradesh. The students conducted an awareness rally through the busy Karsuraja market, on the hazards of plastic pollution. The Hygiene Champions grouped themselves to initiate […]

Mumbai, 22 October 2019: Essar’s Ports business, which operates four terminals on the east and west coasts of India, has registered a 20.07% growth in cargo volumes with a throughput of 27.29 Million Tonnes (MT) in the first half of FY2019-20. The growth has been driven by a 183.21% increase in third-party cargo compared to that […]

New Delhi, Oct 15 (IANS) Despite aggressively deleveraging the balance sheet to the tune of Rs 1,40,000 crore through monetisation of several key assets, the existing businesses of Essar Group in the sectors of energy, infrastructure, metals & mining, services and technology, have a combined revenue of $13 billion, or almost Rs 100,000 crore, said […]

Media coverage: Outlook India The Economic Times www.moneycontrol.com The Hindu Business Line The Financial Express Business Standard Business Today Bloomberg Quint

The Economic Times Leading the India Inc in deleveraging through aggressive monetisation of assets, Essar Group paid off Rs 1.4 lakh crore debt and residual 10-15 per cent will be cleared in the next two quarters, said Essar Capital Director Prashant Ruia. “In the last three years, I think we were the first to get […]

In an exclusive interview, Mr Prashant Ruia, Director, Essar Capital, shares his views on the Indian economy, and also speaks about Essar’s proactive initiatives to deleverage and dealing with sectorial challenges. He went on to speak about the group’s current businesses and future plans. Watch the complete video. Indian Economy: 00:10 Deleveraging: 03:20 Current Business & Future […]

Essar understands that corporate citizenship brings a feeling of oneness, encourages teamwork and boosts employee morale. The purpose of Essar Foundation’s ‘Sattar Minute’ initiative is exactly that—to provide a platform and encourage Essarites to do their bit towards community service. Essarites of Essar Power Madhya Pradesh Limited (EPMPL) actively take time out from their work […]

This October we turn ten! It has been an exciting and fruitful decade of learning and growing. Avid Learning journey:  As you know, Avid Learning is the public programming platform and cultural philanthropy arm of the Essar Group founded in 2009, with the vision of featuring the best of Indian and International Writers, Artists, Thinkers and Cultural Experts, in the fields of Arts, […]

ET Energy World This would be the highest production of coal-seam gas or coal-bed methane from any block in the country New Delhi: Mumbai’s Ruia family-owned Essar plans to double production of coal-seam gas from its Raniganj east block in West Bengal as a vital Urja-Ganga gas pipeline connecting users in eastern India gets commissioned […]