Essar’s senior leadership share their views on RBI Monetary Policy – October 2023

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Sanjay Palve, Senior Managing Director at Essar Capital Ltd. “The Reserve Bank of India’s decision to keep the repo rate unchanged at 6.50% and maintain a ‘withdrawal of accommodation’ stance, today demonstrates a responsible approach to monetary policy and aligns with our expectations in this dynamic economic scenario. This constancy offers businesses a clear and […]

Hindustan Zinc & GreenLine Sign Landmark Agreement to Deliver Green Logistics

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Mumbai/Udaipur, India, October 4, 2023. In a momentous step towards sustainability and environmental responsibility, Hindustan Zinc, India’s largest & only integrated producer of Zinc, Lead & Silver has chosen GreenLine Mobility Solutions Ltd (GreenLine), a part of Essar Group and a pioneer in green mobility solutions, as its sustainable logistics partner and is set to […]

Black Box to expand into digital infra, data center integration space

Essar group’s IT solution provider Black Box

The US-based IT solutions firm, Black Box, is planning to expand into digital infrastructure and data center integration space in India following the rising demand for such services from its US-based clients. The company wants to take advantage of the Digital India initiative of the Indian government to increase its presence in India, Sanjeev Verma, […]

Essar successfully completes financing $150m receivables portfolio

Essar Oil UK Plant

Stanlow, UK, 3 October 2023: Essar Oil UK (EOUK) is pleased to confirm it has successfully completed the financing of a $150 million receivables portfolio with Hamburg Commercial Bank AG (“HCOB”) and Mizrahi Tefahot Bank Ltd (“UMTB”). This new facility will be used for working capital and general corporate purposes. The successful closure of this […]

Essar partners with FICCI for India’s Energy Transition Summit 2023

Indian Energy Transition Summit

Essar sponsored the Federation of Indian Chambers of Commerce and Industry (FICCI) for India’s Energy Transition Summit 2023 in Delhi, which took place on the 25th and 26th of September 2023. The India Energy Transition Summit 2023 organised a series of impactful addresses from key figures in India’s energy sector. The dignitaries outlined the nation’s […]

Essar spreads some love among orphans on the occasion of Ganesh Chaturthi

Essar Foundation For Sai Aadhar

At Essar Foundation we believe in being a ray of hope to the underprivileged and marginalized sections of society. Sai Aadhar, in Bhatani Village, Palghar, is home to 38 children who were orphaned, found on the streets, or left-out by their biological parents for various reasons. Few of these children are mentally challenged too. The […]

Black Box Cybersecurity Wins 17 New Marquee US Customers, Including a Fortune 500 Client

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MUMBAI, September 27, 2023 – Black Box, a trusted global technology solutions provider, celebrates yet another landmark achievement of its Cybersecurity business, which are offered under the brand name – Cybalt. In September of 2023, this specialized Cybersecurity business unit onboarded 17 prominent clients in the United States from diverse industries, including a notable name from […]

Avid Learning partnered to present ‘Miracle’ – A Performance by St. Petersburg State Theatre of Song and Dance

Song and dance show

Avid Learning partnered with the Government of St. Petersburg, Consulate General of the Russian Federation in Mumbai, Russian House in Mumbai, Moroshka Theatre and Royal Opera House, Mumbai to present “Miracle – A Performance by St. Petersburg State Theatre of Song and Dance on 26th September, 2023. After touring 25 countries worldwide, The Russian National Show had its India premiere on the stage […]