AGC Networks Announces Q4 and FY18 Year Ended Financial Results

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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% […]

INTER RAO – EXPORT and Essar Power signed a memorandum on strategic partnership

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Saint-Petersburg, May 24, 2018 INTER RAO – Export LLC and Indian power company Essar Power have signed a Memorandum of Understanding and strategic cooperation in the power sector. The ceremony has taken place at St. Petersburg International Economic Forum 2018. Mr. Maxim E. Sergeev, Director General of INTER RAO – Export LLC, and Mr. Ravi […]

Essar Foundation felicitates meritorious students for academic excellence

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Nagwa, Singrauli (MP) For the last six years Essar Foundation has been closely working with the Saraswati Shishu Mandir school in Nagwa village of Singrauli, supporting keenly in improving the infrastructure, resources and quality of education in the school. The school has consistently been on an upward drive, with students performing better in academics, arts […]

Essar completes sale of Equinox Business Parks to Brookfield for Rs 2,400 crore

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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 […]

Essar completes sale of Equinox Business Parks to Brookfield for Rs 2,400 crore

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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 […]

The Padwomen of Dantewada are breaking taboos, one pad at a time

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Sahaj, an initiative of Essar Foundation, has empowered the women of a self-help group in Palnar village in Dantewada to open a sanitary napkin manufacturing unit and spread menstrual health awareness. Rekha Balakrishnan https://yourstory.com/ Palnar village in Kuakonda block in the Dantewada district of Chhattisgarh is classified as a Naxalite area. Despite the backwardness of […]

CSR: A collaborative, responsible and sustainable approach needed

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The Economic Times The Companies Act 2013 that came into effect in April 2014 in India created a mandate for large companies to spend 2% of their net profits on Corporate Social Responsibility (CSR). The mandate gave an impetus to CSR in India, both as a concept and as a practice. India now has almost […]

CSR is the tool that helps businesses to partner with civil society, Says Kaustubh Sonalkar, President – HR and CEO – Essar Foundation

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India CSR Network Essar Foundation which is the Corporate Social Responsibility (CSR) arm of Essar, committed to fuelling development of communities around Essar’s business presence. Functional across more than 500 villages in eight states of India, the Foundation facilitates wide-ranging CSR initiatives in health, education, livelihoods, inclusion, women empowerment and skill development. The Foundation reaches […]

Essar Oilfields awarded drilling contract by GAIL

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Mumbai, 21 February 2018: Essar Oilfields Services India Limited (EOSIL) today announced that it has been awarded a Rs 28-crore contract by Gas Authority of India Limited (GAIL) to drill three firm plus two optional wells in Gujarat’s Cambay basin. Drilling for the project is expected to commence in April-May 2018. The Company has signed a […]

AGC Networks Announces Q3 FY 2018 Financial Results

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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 […]