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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

2G: Essar,Loop move SC against special court trial

February 09, 2012 5:31 pm

The companies want proceedings against them to be conducted before a magistrate.

Coal Min to inquire into CIL’s new pricing method

February 06, 2012 12:53 am

Coal Minister holds the firm responsible for ‘acting in haste’

2G: Fresh summons to Essar,Loop promoters

January 28, 2012 1:35 am

The summonses were issued again as Ruias and Khaitans named as accused in the third chargesheet did not appear in compliance with the earlier summons,claiming they were not “duly” served.

Govt says hush to activist over marine park pollution

January 24, 2012 4:08 am

The state government has declined to disclose information under Right to Information Act regarding pollution and ecological damage in India’s first Marine Sanctuary and National Park in Jamnagar due to industrial activity by Essar group,which says such information can be used for terrorist activity.

Essar to seek tax refund of $883 million

January 22, 2012 12:20 am

TAX CLAIMS: Vodafone paid withholding tax on buying Essar’s stake

Khurshid ‘role’ in clean chit to Essar-Loop: SC seeks reply

January 06, 2012 12:23 am

Apex court asks why no charges were filed under Prevention of Corruption Act against errant officials.

2G scam: Essar questions court's jurisdiction on CBI charge sheet

December 21, 2011 6:20 pm

Essar says court has no jurisdiction in matters where no corruption charges have been alleged.

2G: Court to take cognisance of offence against Essar,Loop on Dec 21

December 17, 2011 2:56 pm

In its 3rd chargesheet,CBI said the accused created a 'complex corporate veil' to cheat DoT.

Essar named in third chargesheet

December 13, 2011 2:21 am

Scam: Charged with conspiracy to commit cheating,no proof found of telecom officials’ role

Woman Naxal alleges threat from cops

October 08, 2011 1:17 am

The Chhattisgarh Police has sought to take her back on transit remand.

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