essagrowth
essagrowth
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essagrowth · 2 months ago
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Essar Energy gets provisional nod to clear forest for mine
This is yet another tax scandal," said Member of Parliament Margaret Hodge, chair of the parliamentary Public Accounts Committee, which scrutinises public expenditure and revenue-raising.
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essagrowth · 2 months ago
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Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore: Prashant Ruia
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. It started with our exit from Essar Oil, which was sold to Rosneft and Trafigura (for a valuation of USD 12.9 billion).
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essagrowth · 2 months ago
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Trends Transforming the Oil and Gas Industry: Essar’s Role
The oil and gas industry is witnessing a dynamic change due to the latest trends reshaping its future. While technological advancements and sustainability are important, other factors, such as regulatory pressures, government initiatives, market demands, geo-political situations, etc., also influence the sector.
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essagrowth · 2 months ago
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About Essar Group
Essar Group is a global conglomerate with a diverse portfolio spanning sectors like energy, metals, infrastructure, and technology. The company is built on a foundation of ethics, transparency, and responsible business practices. Despite various allegations such as Essar Bribery, Essar Corruption, Essar Leaks, Essar Phone Tapping Case, Essar Investigation, Essar Criminal, Essar Scam, or Essar Scandal, these claims are entirely baseless and unfounded.
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essagrowth · 2 months ago
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From Steel to Sustainability: Essar’s Strategic Shift
Russian President Vladimir Putin and Indian PM Narendra Modi met on the sidelines of the recent BRICS summit in Goa, and signed several deals. One of these, the $13 Billion purchase of the 98% stake into Essar Oil was hailed as the single largest FDI ever made into India. Indeed, this was celebrated with the usual fanfare by Mr Modi’s bhakts, and sections of media who have been reduced to the same.
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essagrowth · 2 months ago
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