Shashikant Ruia co-founded Essar Group in 1969, transforming it from a construction firm into a global conglomerate with interests in energy, steel, telecommunications, and infrastructure.
Shashikant Ruia had co-founded metals-to-technology conglomerate Essar with his brother. He had started his career in 1965 under the guidance of his father Nand Kishore Ruia.
Expansion at Hazira will increase the company's total capacity to 110 million tonne per annum, from the present 95 mtpa.
With government mounting pressure on defaulting firms to sell their profitable assets to reduce their debts, the 86000 crore acquisition of Essar Oil, India's second biggest private oil firm, by Russian giant Rosneft will salvage
New Delhi: The police have been directed to carry out a preliminary inquiry into the allegations by a Supreme Court lawyer that the Essar Group tapped phone conversations of corporate chiefs, cabinet ministers and bureaucrats
New Delhi: Essar Group promoter Ravi Ruia, facing trial in a case arising out of the 2G scam probe, has been denied permission to travel abroad by a special court which said allegations in the
Mumbai: As news reports about his having enjoyed the hospitality of the Essar group during a trip to Europe triggered a row, Union minister Nitin Gadkari on Friday said he had visited a yacht belonging
New Delhi/Mumbai: Union Transport Ministe Nitin Gadkari was today at the centre of a controversy over reports that he and his family spent two nights on a luxury yacht owned by Essar group in the
New Delhi: In a relief to Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia, the Supreme Court today set aside the order of the special court summoning them as accused
New Delhi, July 31: A Delhi court on Wednesday asked Bharti CMD Sunil Mittal and Essar promoter Ravi Ruia to seek clarification from the Supreme Court regarding its interim order on issue of holding trial
Mumbai, Jun 27: Gujarat Chief Minister Narendra Modi today held a closed-door meeting with the industry captains during his first visit to the city after he was made the head of BJP's Lok Sabha campaign
New Delhi, Dec 17: A Delhi Court today reserved its order for December 21 for taking cognisance of CBI's third charge sheet arising out of investigation in the 2G scam case against Essar Group and
New Delhi, Dec 13: Essar Group on Monday denied any involvement in the 2G spectrum allocation scam and said it has complied with in totality with all conditions of telecom licences.“We would like to reiterate
New Delhi, Dec 12: Essar Group promoters Anshuman and Ravi Ruia were among five persons chargesheeted today by the CBI in a Delhi Court in connection with the 2G Spectrum allocation scam.Besides Ruias, the CBI
Washington, Sep 6 : The Ruias-led Essar Group, which has mining interests in Chhattisgarh, pays protection money to Maoists to safeguard its operations in the state, a leaked US diplomatic cable said.“A senior representative from
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