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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

CBI defends court summon of Mittal, Ruia

December 04, 2014 1:16 am

The bench is hearing by Mittal and Ruia against an order of the 2G trial judge to summon them although the chargesheet did not name them.

Essar seeks to join IB report in suit against Greenpeace

June 17, 2014 1:07 am

The court had also restrained the NGO from entering the Essar House premises or holding agitations within 100 metre from the building.

2G: Ruia says facts not properly probed by CBI

May 20, 2014 1:06 am

CBI, in its chargesheet, had alleged that promoters of Essar Group and Loop Telecom had deliberately violated UASL guidelines by making “false and dishonest impression” before Department of Telecommunication.

Spectrum scam: Hearing against Bharti Cellular's Sunil Mittal, Essar Group's Ravi Ruia on May 28

April 04, 2014 9:26 pm

A special court here today fixed May 28 for hearing the additional spectrum case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.

Soni Sori gets bail, can travel to Chhattisgarh

February 08, 2014 1:27 am

The apex court has asked the two to make themselves available for trial and to remain present during the hearings.

Supreme Court grants bail to tribal teacher Soni Sori

February 07, 2014 11:36 am

Though Sori, who has been freed in all other cases, has been granted bail, he is yet to get acquitted in the Essar case

Essar Energy operating profit dips 7 pct in H1 on Indian rupee's fall

November 25, 2013 1:17 pm

London-listed power,oil and gas firm is part of privately held Indian conglomerate Essar Group.

SC notice to Raman govt in Sori case

October 01, 2013 11:38 pm

A Bench of Justices S S Nijjar and F M Ibrahim Kalifulla issued a notice to the state government seeking a reply by October 28.

‘Liquid terminal: JNPT road show to draw bids’

August 29, 2013 1:27 am

Currently,80 per cent of the port’s total traffic comes from containers.

Surplus spectrum: Hearing against Sunil Bharti Mittal,Ravi Ruia on October 28

August 26, 2013 12:28 pm

Though Mittal and Ruia were absent but Ghosh,who is also an accused was present before the court.

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