news topics: corporate

DALLAS, MUMBAI, SINGAPORE and PITTSBURGH, November 12, 2018: A wholly-owned subsidiary of global solutions integrator AGC Networks Ltd (BSE/NSE: AGCNET), AGC Networks Pte. Ltd. in Singapore and Black Box Corporation (NASDAQ:BBOX) announced today that they have entered into a definitive merger agreement under which AGC Singapore would acquire all the outstanding shares of Black Box for $1.08 […]

Mumbai, 31 July 2018: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), the trusted go-to Technology Integrator announced financial results for quarter ended 30 June, 2018. Consolidated Financial Highlights for the Quarter ended 30th June 2018 Rupees in Crores Particulars Q1( FY 18-19) Q1(FY 17-18) Comparison(YoY) Revenue from operations 188.31 157.69 19.4% EBIDTA 8.61 (3.39) PBT […]

Mumbai, 29 May 2018: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), the trusted go-to Technology Integrator announced financial results for fourth quarter and year ended March 31, 2018. Consolidated Financial Highlights for the Quarter ended 31st March 2018 Rupees in Crores Particulars Q4(FY 17-18) Q4(FY 16-17) Comparison(YoY) FY17-18 FY16-17 Comparison(YoY) Revenue 209.37 192.80 8.6% […]

Mumbai, 24 April 2018: Essar today announced that it has completed the sale of Equinox Business Parks, its commercial property in Mumbai’s Bandra-Kurla Complex, to Brookfield Asset Management, a leading global asset manager, for an enterprise value of Rs 2,400 crore. Located in Mumbai’s prime CBD and spread across nearly 10 acres, Equinox Business Park comprises […]

Mumbai, 24 April 2018: Essar today announced that it has completed the sale of Equinox Business Parks, its commercial property in Mumbai’s Bandra-Kurla Complex, to Brookfield Asset Management, a leading global asset manager, for an enterprise value of Rs 2,400 crore. Located in Mumbai’s prime CBD and spread across nearly 10 acres, Equinox Business Park comprises […]

Mumbai, 08 February 2018: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), a Global Solution Provider today announced its third quarter results for Financial Year 2017-18. Consolidated Financial Highlights for the Quarter ended 31st December 2017Rupees in Crores Particulars Q3(FY 17-18) Q3(FY 16-17) Q2(FY 17-18) Revenue 194.40 185.61 172.22 EBIDTA 12.40 10.29 2.73 PBT 4.70 2.22 2.68 […]

Mr. Pradeep Mittal, Executive Vice Chairman, Essar Power Ltd. We welcome the Government’s commitment to electrify every household under Prime Minister Saubhagya Yojana as well as the thrust on creation of livelihood and infrastructure in rural areas. Apart from addressing rural issues, the Government has also maintained fiscal prudence. Tax incentives to MSMEs through reduction […]

Mumbai: 22 January 2018: The Essar Group announced the appointment of Kaustubh Sonalkar as President-HR, and Chief Executive Officer–Essar Foundation, effective 10 January 2018. Kaustubh holds a bachelor’s degree in Science from the University of Mumbai and has a master’s degree in Personnel Management from the University of Pune (HR & Behavioural Sciences). He also has […]

Mauritius / Singapore, 27 November 2017: AGC Holdings Limited (AGC) Mauritius, a wholly owned portfolio company of Essar Global Fund Limited (Essar Global), has concluded the sale of 100% of its stake in ESM Holdings Limited, Mauritius, which is the holding company of Aegis, a major global outsourcing company, to Capital Square Partners (CSP) for US […]

Mauritius / Singapore, 27 November 2017: AGC Holdings Limited (AGC) Mauritius, a wholly owned portfolio company of Essar Global Fund Limited (Essar Global), has concluded the sale of 100% of its stake in ESM Holdings Limited, Mauritius, which is the holding company of Aegis, a major global outsourcing company, to Capital Square Partners (CSP) for US […]