Senior leadership comments on the Union Budget 2022-23
“A blueprint budget with a nice touch of green! A bold one with a massive hike in public investment will be the booster dose to restart corporate investments. The infrastructure allocation with a focus on technology will generate employment & help transform tomorrow!” Prashant Ruia, Director – Essar Capital “The Union Budget 2022 is growth-oriented […]
Essar sets up Vertex Hydrogen to help drive energy transition in the UK
Major step in supporting the sustainability of Essar Oil (UK) Limited Stanlow, 26th January 2022: Essar today announced that it has formed Vertex Hydrogen Limited, a transformative new joint venture, with Progressive Energy, to build the UK’s largest hydrogen hub at the Stanlow Manufacturing Complex. Led by Essar as the majority shareholder, Vertex Hydrogen has […]
Essar Capital appoints Mr. Anil Kumar Chaudhary as Group Chief Executive Officer for Metals & Mining vertical
Mumbai, 21 January 2022: Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, announced the appointment of Mr. Anil Kumar Chaudhary as Group Chief Executive Officer for the Metals & Mining vertical. He will be the member of the Executive Committee, and will play a key role in driving the investment strategy and growth […]
Essar provides business, financing and VAT updates
Stanlow, 5th January 2022: Essar Oil (UK) Limited (EOUK) today provides an update on its business, financing and VAT deferral repayments. Customer demand hits 18-month high A stronger trading environment saw the company record its best monthly product sales for 18 months in December 2021 across both fuels and petrochemicals, with demand now back to 95% […]
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 […]
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