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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

Woman ‘Naxal’ arrested in Delhi

October 05, 2011 12:07 am

Police said she had arrived from Jaipur in the morning.

CBI says has proof,Maran FIR in a day or two

September 29, 2011 2:34 am

Venugopal said “investigation is still on” and would be completed in another two weeks.

Naxal ‘payment’: Essar GM held

September 28, 2011 3:12 am

Police in Chhattisgarh arrested a top official of the Essar Group today for allegedly paying off Maoists.

Define 'Associate': MCA to DoT

September 11, 2011 9:32 pm

MCA has written to the Department to Telecom asking it to consult the Law Ministry to define the term 'Associate'.

Contractor held with ‘Essar cash for Naxals’

September 11, 2011 1:44 am

He admitted carrying Rs 15 lakh to be given to Naxals,say police; No need to react to such charges: Essar

Vodafone to list in India,says Pieters

July 20, 2011 3:13 am

India's second largest GSM operator Vodafone plans to list on Indian stock markets soon.

Essar group involved in 2G scam: CBI tells Supreme Court

July 06, 2011 9:40 pm

CBI also questioned the role of Ministry of Corporate Affairs in giving clean chit to Essar group.

Essar group involved in 2G scam: CBI

July 06, 2011 9:32 pm

CBI also questioned role of Ministry of Corporate Affairs in giving clean chit to Essar group.

Ambiguous tax treaties may hit FDI: Ruia

July 02, 2011 3:24 pm

Essar Group Chairman Shashi Ruia has warned of an adverse impact on FDI inflows in India.

Essar to exit Vodafone JV for $5.46 billion,deal value up by $460 mn

July 02, 2011 12:51 am

Essar will also pay a withholding tax of $880 million to the government,under protest.

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