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Essar Group co-founder Shashikant Ruia passes away
Currently into oil, power, logistics, mining, retail, and infrastructure, the Essar Group was founded by the Ruia brothers Shashikant Ruia and Ravi Ruia in 1969
Published on Nov 26, 2024 10:43 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Shashikant Ruia, patriarch of Essar Group, passes away at 81
Prime Minister Narendra Modi expressed condolences and remembered Ruia as a “colossal figure in the world of industry”.
Updated on Nov 26, 2024 09:32 AM IST
Essar signs MoUs to invest ₹55,000 crore in Gujarat
Essar is in a renewed phase of making strategic investments in the field of energy transition, power and port sectors in the state and aims to create over 10,000 job opportunities in the state with these projects, it said in a statement
Updated on Dec 14, 2023 08:38 PM IST
Essar Group becomes debt-free after repaying $25 billion
"Essar has concluded its asset monetisation programme and completed the debt repayment of $25 billion effectively making the group debt-free from Indian banks and financial institutions," an official statement said.
Updated on Nov 21, 2022 11:07 PM IST
Reuters | | Posted by Nisha Anand