In celebration of India’s G20 Presidency, FICCI in association with Avid Learning presented ‘Virasat – Mapping Creativity’

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Avid Learning’s curatorial philosophy centres around the development of Cultural and Creative Industries, presenting and curating multi-stakeholder events benefitting the arts and culture fraternity as a whole. Since early this year, in celebration of India’s G20 Presidency, Avid Learning has presented a number of events in different cities across the country. On November 7th, Federation of Indian […]

Black Box Limited: EBITDA for the quarter doubles on YoY basis to Rs. 101 crores while Profit after tax for Q2FY24 stood at Rs. 32 crores against a loss of Rs. 23 crores in Q2FY23

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Commenting on the results and performance Mr. Sanjeev Verma, Whole Time Director, Black Box said, “We are extremely pleased with our performance for Q2 and H1FY24. We have reported strong improvement in EBITDA margins and overall profitability owing to cost rationalization program and improved productivity yields. Our project order book in North America continues to […]

Hindustan Zinc partners with GreenLine for the deployment of LNG-Powered trucks for logistics

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Debari, India, 9th November, 2023:  GreenLine Mobility Solutions Ltd (GreenLine), India’s premier LNG-powered heavy trucking logistics company, marked a historic milestone as it officially deployed its LNG-powered trucks at Hindustan Zinc, a Vedanta Group company in Zinc, Lead & Silver business. In its commitment to sustainability and environmental responsibility, Hindustan Zinc has chosen Essar’s green […]

GreenLine to invest Rs 5,000 cr to acquire LNG trucks for green logistics

Green mobility solutions provider GreenLine is planning a big-ticket expansion of its two-year-old logistics services operations, investing about Rs 850 crore to add 1,000 liquefied natural gas (LNG) trucks to its fleet in this financial year. It will further invest over Rs 4,000 crore in FY25 to raise LNG truck deployment by any another 5,000 […]

London Global Convention on Corporate Governance and Sustainability

Last week, Viral Gathani, Senior Managing Director of Essar Energy Transition (EET), was delighted to present at the Institute of Directors’ (IOD) ‘London Global Convention on Corporate Governance and Sustainability.’  After an inaugural address from His Excellency, Vikram Doraisami, High Commissioner of India to the UK, Viral joined highly esteemed guests and distinguished keynote speakers as […]

‘We need a decarbonisation strategy’: climate shift threatens UK oil refineries

Deep inside Essar’s sprawling oil refinery on the banks of the river Mersey, a £200mn machine smashes the molecules in crude oil to help produce millions of litres of diesel, petrol and jet fuel every day for the UK transport industry.  The catalytic cracker is the moneymaking engine of the Stanlow refinery. “Without this unit […]

Essar to start work on $4 billion Saudi steel plant from 2024

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India’s Essar Group plans to invest billions of dollars in low-carbon projects in Saudi Arabia, the UK and India, as the company transitions into clean energy investments. The conglomerate controlled by billionaire brothers Shashi and Ravi Ruia expects to get final approvals by June to start investing about $4 billion to build a low-carbon steel […]

Indian conglomerate Essar plans regional hub in Saudi Arabia

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Indian conglomerate Essar Group plans to make Saudi Arabia a hub to drive its expansion locally and regionally, its chief executive Prashant Ruia said on Wednesday. The group, built by brothers Shashi and Ravi Ruia, is setting up a 4 million metric tonnes per year steel plant along with port facilities at Ras Al-Khair in […]