news years: 2019

Essar’s total investment in the UK now stands at US $1 billion Stanlow, February 6th 2019: The Essar Oil UK Group of companies (Essar) today unveiled the latest phase of its strategic business development after announcing the acquisition of a number of assets from BP to further strengthen the company’s logistics infrastructure network which will fuel growth […]

Essar’s total investment in the UK now stands at US $1 billion Stanlow, February 6th 2019: The Essar Oil UK Group of companies (Essar) today unveiled the latest phase of its strategic business development after announcing the acquisition of a number of assets from BP to further strengthen the company’s logistics infrastructure network which will fuel growth […]

Organises a field trip for 150+ Hazira women to a garment manufacturing hub in Surat Essar Foundation’s ‘Essar Lok Vikas Kendras (ELVKs)’ is a programme enabling financial independence in rural India. Under the ‘Pillar of Livelihood’, various initiatives towards women empowerment have been implemented by the ELVKs in Hazira, Rajgiri, Junagam, Damka, Mora and Bhatlai. […]

Quote We continue to believe that our offer of Rs 54,389 crore is the most compelling proposal available to Essar Steel creditors. It seeks to repay all classes of creditors and fulfills the IBC’s overriding objective of value maximisation that has been established time and again by courts at all levels. We submitted the proposal […]

“The proposal made by Essar Steel shareholders provides for payment of a total of Rs 54,389 crores to various creditors, which exceeds the resolution plan currently approved by the creditors by more than Rs 12,000 crores. This proposal has been submitted under the recently introduced Section 12A of the IBC. Under the proposal made by […]

Essar Foundation has been making efforts in enhancing better working opportunities in the rural belt of India. As a progression of its efforts, Essar Foundation embarked on a Mission of bringing in Entrepreneurship. The Vizag operations- Dantewada team, in order to generate sustainable alternative livelihood, have been promoting Agro-Entrepreneurs. Oyster Mushroom (Pleurotus Florida) cultivation is […]

6th & 7th December 2018 Chitrakonda is one of the remote areas of Malkangiri District in Odisha, which has been repeatedly hit by Maoist and extremist groups. Essar Foundation team reaches out to the population in the interior sections of Chitrakonda sector, with various social welfare initiatives. Some of these villages such as Palankarai, Sarkubandha, […]

CNBC-TV18 Where he talks about deleveraging efforts and stepping into the future with a lighter balance sheet.

[tweet https://twitter.com/AGCNetworksLTD/status/1082966497683783680] Mumbai, India, 09 January 2019: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), the trusted go-to-technology-solution-integrator, today announced that its wholly-owned subsidiary has completed the acquisition of Black Box Corporation (NASDAQ: BBOX), a leading digital solutions provider in the US. The combination with Black Box will substantially strengthen AGC’s presence and offerings to 25+ […]

[tweet https://twitter.com/AGCNetworksLTD/status/1082966497683783680] Mumbai, India, 09 January 2019: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), the trusted go-to-technology-solution-integrator, today announced that its wholly-owned subsidiary has completed the acquisition of Black Box Corporation (NASDAQ: BBOX), a leading digital solutions provider in the US. The combination with Black Box will substantially strengthen AGC’s presence and offerings to 25+ […]