Essar appoints Stein Ivar Bye as Chief Executive Officer
London, October 19, 2020: The Board of Essar Oil UK Ltd is pleased to announce the appointment of Stein Ivar Bye, as Chief Executive Officer.Stein Ivar Bye will be based at the company’s Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. He brings with him over 28 years’ experience in the Oil and Energy sector, working […]
AGC Networks Announces Q1 FY21 Financial Results
Mumbai, 21 August 2020: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), a Global Solutions Integrator today announced financial results for the first quarter ended 30 June, 2020. Consolidated Financial Highlights for the Quarter ended 30th June 2020 INR Crores Particulars Q1(FY 20-21) Q1(FY 19-20) Q4(FY 19-20) Revenue 994 1,228 1,250 EBIDTA (Before Exceptional items […]
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 posts ~Rs 5,000 cr revenues in FY20, highest ever in its history
Mumbai, 30 June 2020: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), a Global Solutions Integrator today announced financial results for fourth quarter and year ended 31 March, 2020. Consolidated Financial Highlights for the Quarter & 12 months ended 31st March 2020Rs/Crores Particulars Q4(FY 19-20) Q3(FY 19-20) Q4(FY 18-19) (FY 19-20) (FY 18-19) Revenue 1,250 […]
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 […]
30 Experts | 30 Episodes | 30 Days of #LearningNeverStops Online @AvidLearning
Avid Learning is proud to mark the one-month milestone of our robust digital further learning campaign AVID Online with 30 eclectic episodes, featuring 30 speakers from the breadth of the arts. About the Campaign: In April 2020, Avid Learning launched an online further learning campaign on our social media platforms for our followers to engage with a range of varied topics across the breadth […]
Essar Foundation intensifies Covid-19 relief efforts with 2 million meals initiative
Mumbai, 23 April 2020: In view of the extension of the lockdown in several Indian states, which will prolong the hardships faced by the disadvantaged sections of the society, Essar Foundation, the CSR arm of the $14-billion Essar Group, has decided to increase its ongoing commitment of providing 1.25 million meals to 2 million meals to […]
Essar leaders comment on the measures taken by RBI
With Covid-19 severely impacting the global economy, the Reserve Bank of India (RBI) Governor, Mr Shaktikanta Das, addressed the media on the measures being taken to address the situation in India. Mr Pradeep Mittal (Executive Vice Chairman – Essar Power), and Mr Rajiv Agarwal (MD and CEO- Essar Ports) share their comments on the steps […]