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Last updated on June 3, 2012 at 17:03 EDT

News - Ravi Ruia

2011-05-02 15:00:00

SAULT STE. MARIE, ON, May 2 /PRNewswire/ - The Board of Directors of Essar Steel Algoma Inc. is pleased to announce the pending appointment of James Hrusovsky as Chief Executive Officer of the Company.  The appointment and effective date are subject to pending regulatory approval. Mr.

2011-03-10 10:39:00

HARARE, Zimbabwe and PORT LOUIS, Mauritius, March 10 /PRNewswire/ - The Government of Zimbabwe ("GoZ") and Essar Africa Holdings Limited ("EAHL"), a privately held company of the Essar Group, today confirmed that they had reached an agreement for the revival of the operational assets of Zimbabwe Iron and Steel Company ("ZISCO").  The agreement marks an important milestone in the process which started with the public tender for a majority of GoZ's shareholding in ZISCO and begins a new chapter for the economic growth of Zimbabwe, all Zimbabweans and the community it serves. EAHL and GoZ will set up two joint venture companies that shall acquire all the steel and mining related assets and liabilities of ZISCO and its subsidiaries, and EAHL will further release GoZ from its guaranteed obligations under the ZISCO debt.

2008-11-06 11:17:36

Essar Telecom has appointed Rajiv Sawhney as the company's new CEO. In his new role at Essar, Mr Sawhney will oversee the entire management for the Telecom Business Group which operates in a wide range of business segments: telecom, telecom retail and telecom infrastructure.

2008-09-19 12:00:25

NASHWAUK, MN, Sept. 19 /PRNewswire/ -- Essar Steel Holdings Ltd, a part of Essar Global Ltd, today held a groundbreaking ceremony for the first steelmaking facility in Minnesota's famous Iron Range.

2008-06-25 18:02:53

Essar Steel Holdings Limited (Essar) today announced that it has informed the Board of Directors of Esmark Incorporated (Esmark) that Essar is withdrawing its offer to purchase all of the outstanding shares of Esmark at US$19 per share.

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