Essar’s senior leadership share their views on RBI Monetary Policy – December 2024

Essar’s senior leadership share their views on RBI Monetary Policy – February 2024

“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 […]

Shri Shashikant Ruia | 23.12.1943 – 25.11.2024

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 […]

Essar Group appoints Manu Kapoor as Group Chief of Public Policy and Corporate Affairs

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 […]

Empowering Regional Economies through Energy Transition Council: Dr. Haseeb Drabu’s Vision for India’s Energy Future

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 […]

Essar enhancing Gujarat’s infrastructure landscape

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, […]

Essar’s senior leadership share their views on RBI Monetary Policy – August 2024

Essar’s senior leadership share their views on RBI Monetary Policy – February 2024

“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 […]

Senior leadership comments on the Union Budget 2024-25

budget

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 […]

Essar’s senior leadership share their views on RBI Monetary Policy – June 2024

Essar’s senior leadership share their views on RBI Monetary Policy – February 2024

“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 […]