news topics: corporate

“The RBI’s decision to maintain the repo rate at 6.5% for the 11th consecutive time and reduce the Cash Reserve Ratio (CRR) from 4.5% to 4% is a timely and strategic move. Amidst heightened global uncertainties, rising energy costs, and fluctuating commodity markets, this monetary policy stance ensures financial stability and enhances domestic liquidity. The […]

It is with profound grief that we inform of the passing of Shri Shashikant Ruia, Patriarch of the Ruia and Essar Family. He was 81. With an unwavering commitment to community upliftment and philanthropy, he touched millions of lives leaving an enduring impact. His humility, warmth, and ability to connect with everyone he met, made […]

Mumbai, October 25, 2024: Essar Group is pleased to announce the appointment of Manu Kapoor as its Group Chief of Public Policy and Corporate Affairs. Manu brings over three decades of specialised experience working with corporations, governments, public sector agencies, and industry groups. He is an established leader with a successful career of managing corporation’s […]

Dr. Haseeb Drabu, Advisor at Essar, opened the Financial Times Energy Transition Summit India with a thought-provoking session titled “State-by-State Shifts: Navigating India’s Energy Transition Across Regional Frontiers.” Moderated by Robin Harding, FT’s Asia Editor, the closed-door breakfast session gathered esteemed guests to delve into the complexities of India’s energy landscape. Drawing on his extensive […]

“The RBI’s decision to hold the repo rate at 6.5% comes at a crucial time for India’s economic momentum. In the oil and gas sector, this stability allows us to align our growth with the country’s broader economic objectives. As India strengthens its position in the global energy market, consistent policy support is key to […]

Gujarat has long been a prime destination for industrial and infrastructural development, renowned for its entrepreneurial spirit, excellent infrastructure, world-class refineries, advanced power plants, and thriving manufacturing hubs. Its strategic location on India’s west coast, coupled with a supportive business environment, has made Gujarat a central player in India’s growth story. In this dynamic landscape, […]

“The Reserve Bank of India’s Monetary Policy Committee has opted to maintain the repo rate at 6.5% for the ninth consecutive meeting, emphasising its dedication to economic stability amidst ongoing inflationary pressures. This decision, reached by a 4:2 majority, reflects a strategy that balances the necessity for growth with the imperative of price stability. The […]

The Union Budget has articulated nine strategic priorities aimed at driving robust economic growth, creating significant job opportunities and improving the employability of youth. Maintaining a fine balance between the requirement of energy transition & needs of energy security, is commendable. By investing in innovative and clean technologies, the aim clearly is to shape a […]

“Today’s announcement by the Reserve Bank of India to keep the repo rate unchanged at 6.5% for the eighth consecutive time reflects a prudent and balanced approach to managing the country’s economic health. By maintaining the repo rate, the RBI has provided stability in external benchmark lending rates, which is a welcome relief for borrowers […]