Ruias of Essar hit the reset button

The Essar Group may have cleared its debt and ushered in greater transparency in operations, but the promoters have a long way to go before they shed the baggage of the past.

13 December, 202212 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

The hunt for greener steel stutters

ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.

Business
Story image

Five big developments that we tracked closely this year

From the Byju’s flameout to the fresh Adani tempest, The Morning Context helped cut through the clutter around the big developments in Indian business.

Business
Story image

Ratan Tata’s legacy is much larger than his persona

Eulogies have glorified Tata’s humility and his philanthropy, balanced out by critics who focus on his bad history of acquisitions. The legacy is more nuanced and fits the times he lived and led in.