AGC Networks completes the Acquisition of Pyrios


Dallas, Texas / Pittsburgh, Pennsylvania / Mumbai, India / Auckland, New Zealand:  August 13, 2020: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), a Global Solutions Integrator and an Essar enterprise, today announced that it has completed the acquisition of Pyrios Pty Limited (Australia) and Pyrios Limited (New Zealand) through its indirect subsidiary – Black Box Networks Services Australia […]

AGC Networks To Acquire Fujisoft in Middle East


Proposed acquisition is subject to approval from Department of Economic Development in Dubai and from Abu Dhabi Department of Economic Development for the company in Abu Dhabi. Mumbai, India / Dallas, Texas / Pittsburgh, Pennsylvania: May 31, 2020: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), a Global Solutions Integrator and an Essar enterprise, today announced […]

Jindal, Ruia pin hope on ₹20-lakh-cr booster package


The Hindu BusinessLine The ₹20-lakh-crore package to boost economy in 2020 unveiled by Prime Minister Narendra Modi has been received well by India Inc. Sajjan Jindal, Chairman, JSW Group, said the package is predicated to make the economy self-reliant by leveraging India’s inherent strengths of demographics, technological skills and domestic demand by building infrastructure and […]

Ruias-led Essar committed to India’s growth story


Mumbai, March 5 (IANS) The Ruias-led Essar is committed to the India growth story after an aggressive debt reduction of Rs 1.4 lakh crore over last three years. This is the message Ravi Ruia and Prashant Ruia have conveyed to banks and fund houses just before Essar’s 50th anniversary celebrations. The Ruias’ Essar Group has […]

Despite deleveraging, Essar turnover Rs 1 lakh cr: Ruia


New Delhi, Oct 15 (IANS) Despite aggressively deleveraging the balance sheet to the tune of Rs 1,40,000 crore through monetisation of several key assets, the existing businesses of Essar Group in the sectors of energy, infrastructure, metals & mining, services and technology, have a combined revenue of $13 billion, or almost Rs 100,000 crore, said […]

Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore: Prashant Ruia


The Economic Times 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 […]

Prashant Ruia speaks on the Indian economy and future of Essar


In an exclusive interview, Mr Prashant Ruia, Director, Essar Capital, shares his views on the Indian economy, and also speaks about Essar’s proactive initiatives to deleverage and dealing with sectorial challenges. He went on to speak about the group’s current businesses and future plans. Watch the complete video. Indian Economy: 00:10 Deleveraging: 03:20 Current Business & Future […]