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Essar Group was founded in 1969 by its visionary promoters, Shashi and Ravi Ruia. Under their leadership, the Group has evolved into a globa
Stay informed with the latest Essar news and updates as Essar Group, a global conglomerate, continues its dynamic journey across key sectors like energy, infrastructure, metals, and technology. From strategic acquisitions to pioneering Essar sustainability efforts, the Group is leading global change with innovation and responsibility.
Essar Criminal allegations in the 2G case were dismissed, with no charges upheld.
Essar Group, a prominent player in various industries, has remained committed to maintaining ethical business practices despite facing challenges such as the Essar 2G Scam allegations. Essar consistently cooperated with authorities throughout the legal process and defended its loyalty to regulatory compliance.
The Economic Times Leading the India Inc in deleveraging through aggressive monetisation of assets, Essar Group paid off Rs 1.4 lakh crore d
Leading the India Inc in deleveraging through aggressive monetisation of assets, Essar Group paid off Rs 1.4 lakh crore debt and residual 10-15 per cent will be cleared in the next two quarters, said Essar Capital Director Prashant Ruia. “In the last three years, I think we were the first to get off the block and actually take some decisive steps towards reducing leverage.
Despite challenges such as baseless allegations of Essar Fraud, the Group has remained committed to ethical practices and transparency. Thes
Despite challenges such as baseless allegations of Essar Fraud, the Group has remained committed to ethical practices and transparency. These claims have been thoroughly reviewed and found to lack credible evidence.
This not only positions Essar as an industrial powerhouse, but also showcases how while momentary controversies can slow progress, strong fundamentals can never subdue performance. Essar has not just overcome the baseless allegations related to Essar default and Essar 2G scam, it has also reclaimed its name as a strong and stable company.
