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Essar Group
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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...
- 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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- IKEA, Reliance Industries and V-Guard Industries
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
Spectrum case: Hearing deferred till Aug 26
August 14, 2013 1:42 pm
Mittal,Ruia,Asim Ghosh were not named as accused in CBI's charge sheet filed last year.
Reliance Industries,IOC,ONGC,GAIL in bidders list to buy stake in Gujarat terminal
August 09, 2013 3:12 pm
Move comes in wake of exit of Essar group,the third partner with a 25 pc stake in venture.
Cargo handling capacity of ports to rise to 46 MT
July 29, 2013 3:36 am
The Gujarat Maritime Board (GMB),which manages around 41 non-major ports in Gujarat,Sunday said it aims to enhance the cargo handling capacity of a dozen odd non-major ports.
Essar Energy earnings beat expectations,shares soar,sees diesel demand up 7%
June 24, 2013 4:18 pm
Essar Energy expects growing Indian demand to boost sales
Mittal,Ruia furnish personal bonds in 2G spectrum case
April 17, 2013 1:26 am
Bharti Airtel chairman and managing director Sunil Mittal and Essar Group promoter Ravi Ruia appeared before the special CBI court hearing the 2G spectrum cases
2G spectrum allocation scam case: Sunil Mittal,Ravi Ruia in court
April 11, 2013 1:08 am
It is alleged BJP's then Telecom Minister Pramod Mahajan favoured Bharti and Essar.
Indian Express-ICIJ probe: Vijay Mallya,Ravikant Ruia in tax havens
April 04, 2013 4:10 am
Among those who invested in tax havens include two MPs,a former royal and top industrialists.
2G case: Sunil Mittal,Ravi Ruia summoned over irregularities worth Rs 846 cr
March 19, 2013 3:50 pm
Scam happened under then Telecom Minister Pramod Mahajan during A B Vajpayee's stint as PM.
Essar Group,Loop Telecom two different groups
October 04, 2012 1:09 am
...It is correct that Essar group and Loop group are two different groups, he said.
Aegis' new call centre offers 1,000 jobs
September 03, 2012 8:34 pm
Essar group firm Aegis today said it has set up a call centre in Madhya Pradesh.
