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.

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
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
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.
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.
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.