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Press Releases - Archive
The MobileStore connects with Virgin
The MobileStore, has entered into an agreement with Richard Branson's Virgin Group to provide a world class experience for their customers
March 20, 2007
VODAFONE and ESSAR agree partnership terms
March 15, 2007
Comments on Union Budget 2007-08
Shri Shashi Ruia, Chairman, Essar Group
Shri Prashant Ruia, Director, Essar Group
Mr A N Sinha , Essar Oil Ltd
Mr. A K Srivastava, M D, Essar Power Ltd.
Mr. A R Ramakrishnan, CEO, Essar Shipping Ltd.

Mr. Adil Malia, Group President, Human Resources


February 28, 2007
Essar acquires Global Vantedge, a Bermuda based BPO company
February 20, 2007
Statement by Essar Group on Hutchison Essar
February 16, 2007
Essar set to pioneer a new consumer experience in telecom retail.
Plans 2500 outlets of 'The MobileStore' across 600 cities

February 15, 2007
Essar Group, a leading Indian conglomerate signs JV Agreement with VSC and GERUCO to set up country's 1st Hot Strip Mill Plant of 2 million tpa capacity
February 12, 2007
Statement issued in connection with Hutchison Essar deal
February 11, 2007
Fire incident in the pipeline at Vadinar Oil terminal - Essar Oil refinery functioning normally
February 01, 2007
Essar Shipping's total income up 52% at Rs. 249.87 crore for the quarter ended December 31, 2006
January 30, 2007
Essar Steel's total income (net) up 47% at Rs. 2115.49 crore for the quarter ended
December 31, 2006.
January 29, 2007
Essar and Eastman announce the signing of a Memorandum of Understanding
for Joint Oxo Project

January 27, 2007
ESHL seeks delisting of Essar Steel Limited.
January 25, 2007
EEHL seeks delisting of Essar Oil Limited.
January 25, 2007
Essar and Arkema announce the signing of a Memorandum of Understanding for the production of acrylic acid in India.
January 08, 2007
Essar Oilfields Services bags GSPC contract for drilling in KG Basin
January 08, 2007
Essar Oilfields Services acquires semi- submersible rig for US $ 220 million.
December 21, 2006
Essar Oil's first product consignment sails from Vadinar port.
December 19, 2006
Essar Oilfields Services Limited to focus on Global Drilling business.
To invest USD 400 million in acquiring rig fleet.
December 18, 2006
Essar Steel completes expansion to 4.6 million tonnes.
Is now the largest producer of Flat Steel in India's Private Sector
December 6, 2006
Notice to Stock Exchange
December 02, 2006
ESLL seeks delisting of Essar Shipping Limited.
December 01, 2006
Essar Oil commences production at its 10.5 million tonne refinery
November 24, 2006
ESLL seeks delisting of Essar Shipping Limited.
December 01, 2006
Essar Shipping's Total Income registers a growth of 91.3% at Rs.298.91 crore.
October 31, 2006
Essar Steel's Total Income up 30.97% at Rs. 2081.58 crore. Net Profit registers a growth of 51.70% at Rs. 154.34 crore for the quarter ended Sept. 30, 2006
October 31, 2006
Text of the Chairman Speech delivered at the Thirtieth Annual General Meeting of Essar Steel Ltd.
September 30, 2006
Text of the Chairman Speech delivered at the Sixteenth Annual General Meeting of Essar Oil Ltd.
September 29, 2006
Text of the Chairman Speech delivered at the Thirtieth Annual General Meeting of Essar Shipping Ltd.
September 22, 2006
Essar Forays Into Wind Power
Signs Licence Agreement with REpower AG, Germany
September 15, 2006
Essar Global consolidates its Shipping and Logistic business under ESLL
August 17, 2006
Total Income (net) at Rs. 1720.23 crore for the Quarter ended June 30, 2006
July 31, 2006
Essar Shipping Limited records a Net Profit of Rs. 36.97 crore (USD 7.81 million) for quarter ended June 30, 2006
July 31, 2006
Essar Steel posts revenues of Rs. 6390.72 crore
Capacity expansion plans on track

July 10, 2006
Essar Global to increase stake in Essar Oil, Essar Shipping
July 01, 2006
Essar Shipping posted Total Revenues of Rs. 210.64 crore( USD 46.95 million) and Net Profit of Rs. 31.29 crore(USD 6.98 million) for the quarter ended March 31 2006
June 26, 2006
Essar Steel pays off UTI's entire Rs 927-cr debt
May 30, 2006
Essar Constructions along with DQE bags Rs. 129 crore gas pipeline project from GAIL
May 25, 2006
Hazira Plate Limited achieves financial closure
May 23, 2006
Essar Steel commissions India's first vertical caster
May 18, 2006
Essar Shipping acquires VLCC
March 14, 2006
Comments of Shri Prashant Ruia, Managing Director, Essar Steel on Union Budget proposal for steel industry
February 28, 2006
Comments on Union Budget 2006-07
February 28, 2006
Essar Steel clarification
February 05, 2006
Essar Steel third Quarter Revenues at Rs. 1441.57 crore, Net Profit at Rs. 138.44 crore)
January 30, 2006
Essar Shipping reported third quarter revenues at Rs. 164.43 crore( USD 36.29 million)Net Profit of Rs. 31.23 crore(USD 6.89 million)
January 30, 2006
Essar Steel's new grades for auto industry
January 19, 2006
"Essar and the Marathon make a perfect fit" says Paul Tergat.
January 13, 2006
Total Income rises by 17.23% at Rs. 3242.19 cr.;
Net Profit registers a growth of 158.24%at Rs. 309.45 cr. for the half-year ended Sept. 30, 2005

October 28, 2005
Essar Shipping Limited records a net profit of Rs. 12.34 crore (USD 2.79 million) for quarter ended 30th Sep. 2005
October 26, 2005
Essar signs MOU with MTVL to buy their stake in Hutchison Essar for Rs.657 crore
October 18, 2005
Essar Shipping conferred "The Safest Indian Shipping Company" Award
October 01, 2005
Hutchison Essar Signs Agreements to Acquire BPL Mumbai, BPL Cellular and Essar Spacetel.
September 26, 2005
Chairman's Speech at the AGM of Essar Steel on September 17, 2005.
September 17, 2005
Comment on Agreement with INI Steel.
September 5, 2005
Essar Steel's 1.2 million tonne Cold Rolling Complex goes on stream.
September 2, 2005
Essar Steel revises its product prices
August 01, 2005
Essar Steel's Total Income (Net) at Rs. 1652.89 crore
Net Profit up by 300%, at Rs. 207.71 cr.
July 27, 2005
Essar Shipping Limited records a Net Profit of
Rs. 110.37 crore (USD 25.23 Million) for quarter ended 30th June 2005
July 22, 2005
Essar to acquire controlling interest in BPL Communications
Rajeev Chandrasekhar inks a deal with Essar
July 20, 2005
Essar increases its stake in Hutchison Essar to 30.42%
Buys Usha Martin Telematics's stake in Hutchison Essar for Rs.267 crores

July 04, 2005
Essar Steel revises its product prices
July 01, 2005
Hot Rolled, Pickled and Oiled products from Essar Steel gain ground
June 28, 2005
Essar Steel is now a totally integrated steel producer Completes acquisition of HGPL and SCGL
June 08, 2005
Essar Oil signs two production sharing contracts with Myanmar Govt. for oil exploration.
May 09 ,2005
Essar Power net profit doubles to Rs. 119 crore
May 06, 2005
Essar Shipping's annual revenues at Rs. 1112.54 crore, up 50.77%
April 28, 2005
Essar Steel moves towards total integration ; Records revenues of Rs. 6121.27 crore
April 13, 2005
QASCO Signs MoU With Essar Global to Build a 4 MTPA Steel Plant
April 5, 2005
Reaction of Shri Shashi Ruia, Chairman, Essar Group On Union Budget Proposal
February 28, 2005
Essar Steel's total Income at Rs. 1428.95 cr.up 53%; Net Profit up, at Rs. 197.54 cr. for the quarter ended Dec. 31, 2004
January 28, 2005
Essar Steel announces a reduction of Rs. 560/ ton in its sales price
August 23, 2004
Essar Steel's Total Income (Net) at Rs. 1327.74 cr.; Net Profit at Rs. 50.44 cr. for the quarter ended June 30, 2004
August 16, 2004
Chairman’s Speech delivered at the Essar Steel's 28th Annual General Meeting held at Hazira.
August 07, 2004
Essar - Bankstar announce RBI-RTGS Solution
July 14, 2004
Comments of Shri Shashi Ruia, Chairman, Essar Group on Union Budget 2004-05
July 8, 2004
Essar Group's Chairman Hands Over Cheque of Rs. Six Crore to the Prime Minister's National Relief Fund
January 14, 2005
Essar Steel announces a reduction of Rs. 560/ ton in its sales price
Augusrt 23, 2004
Essar Steel's Total Income (Net) at Rs. 1327.74 cr.; Net Profit at Rs. 50.44 cr. for the quarter ended June 30, 2004
Augusrt 16, 2004
Chairman’s Speech delivered at the Essar Steel's 28th Annual General Meeting held at Hazira.
Augusrt 07, 2004
Essar - Bankstar announce RBI-RTGS Solution
July 14, 2004
Comments of Shri Shashi Ruia, Chairman, Essar Group on Union Budget 2004-05
July 8, 2004
Comments of Shri Shashi Ruia, Chairman, Essar Group on Union Interim Budget 2004-05
February 3, 2004
Comments of Shri Shashi Ruia, Chairman, Essar Group on Credit Policy announced by Reserve Bank of India
October 29, 2002
Essar Talk Back - Essar's response to the Asian Age article dated July 03,2002
July 03, 2002
Essar Talk Back - Essar's response to the Asian Age article dated July 02,2002
July 02, 2002
Essar Talk Back - Essar's response to the Asian Age article dated July 01,2002
July 01, 2002
Comments of Mr. Prashant Ruia, Director - Essar Group on Credit Policy
April 29, 2002
Essar forms a joint venture with United Engineers, MALAYSIA
May 23, 2001
Essar bags Rs. 173 crores water supply project from Gujarat Government
May 4, 2001
 
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