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Essar Group

Essar Group: A Multifaceted Indian Conglomerate Established in 1969 by Shashi Ruia and Ravi Ruia, the Essar Group has evolved into a prominent multinational conglomerate with a diversified portfolio. Operating under the banner of Essar Global Fund Limited (EGFL), the group maintains near-total owner...

Essar Group Overview

Image Source : Wikipedia
  • Company type Private
  • Industry Conglomerate
  • Founded 1969
  • Headquarters Mumbai, Maharashtra, India
  • Area served Worldwide
  • Key people Ravi Ruia (Vice-Chairman), Prashant Ruia (Group CEO)
  • Revenue ₹120,000 crore (US$14 billion) (2022)
  • Number of employees 7,000+
  • Subsidiaries Essar Energy, Essar Shipping (est. 1945), Black Box Corporation
  • Website www.essar.com

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Essar Group history

Last Updated : 17/02/25, 03:26 AM
Essar Group: From Breakwater to Debt-Free Founded in 1969 with a Rs 2.3 crore Chennai Port contract, Essar diversified rapidly. Its foray into power generation began in 1991, establishing itself as India's first Independent Power Producer (IPP) with a 515 MW plant at Hazira. Subsequent expansion saw...

ESSAR GROUP NEWS

Essar Group calls its favours to govt officials ‘common courtesies’

November 26, 2015 7:40 am

The company has said there is no wrongdoing in giving gifts to people in public life or in the civil service since there has been no attempt to obtain undue favour.

Essar Leaks: 2 journalists resign, third put on notice

February 28, 2015 8:30 am

Essar arranged cabs. English news channel Times Now initiated an inquiry against its Deputy News Editor Meetu Jain.

A reference to the Indian Express

February 27, 2015 8:43 am

The Indian Express neither asked for nor published any article from Essar.

Essar Leaks: Getting papers out, quoting Nehru, spreading Diwali cheer

September 13, 2020 9:46 am

Multiple emails suggest that flow of information and documents from ministries are critical for strategy.

Essar Leaks: Keep 200 jobs for VIP referrals and maintain a data bank, says memo

September 13, 2020 9:45 am

Several emails are exchanged on the subject of VIP referrals.

Essar Leaks: Wooing politicians with high-end phones, journalists with cabs

September 13, 2020 9:46 am

There are references to stories being 'planted' in newspapers as well as questions being 'planted' among 'friendly' journalists

Essar Leaks: French cruise for Nitin Gadkari, favours to UPA Minister, journalists

February 27, 2015 2:59 pm

Company communications, show that BJP leader Nitin Gadkari, his wife, two sons and daughter spent two nights on an Essar luxury yacht.

Anshuman Ruia seeks discharge after 2G verdict on Mittal, Ravi Ruia

January 16, 2015 3:09 am

Anshuman, in his petition, said that the rationale behind nixing the summons against the other two business tycoons was squarely applicable to his case as well.

Additional spectrum case hearing on Jan 28

January 13, 2015 1:36 am

Supreme Court has quashed the order summoning Bharti Cellular CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia as accused.

SC reserves verdict on pleas of Mittal, Ruia

December 05, 2014 2:14 am

The bench was hearing petitions by Mittal and Ruia against an order of the 2G trial judge to summon them.

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