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 […]
Covid-19 Impact: Liquidity crunch for power generators impacting fuel, O&M expenses: Kush S, Essar Power
The power sector is going through a challenging phase with many power plants getting stranded, Kush S, Director and Chief Technical Officer at Mumbai-based Essar Power, which operates generation capacity of 3,245 MW, tells ET Energy World in an exclusive interview. Edited excerpts.. Can you share a brief overview of Essar Power’s installed capacity, under-construction plants and […]
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 […]
In conversation with Prashant Ruia, Director, Essar Capital
Media coverage: Outlook India The Economic Times www.moneycontrol.com The Hindu Business Line The Financial Express Business Standard Business Today Bloomberg Quint
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 […]
Watch Mr Prashant Ruia talk to CNBC-TV18
CNBC-TV18 Where he talks about deleveraging efforts and stepping into the future with a lighter balance sheet.
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