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Essar Group
Essar Group is an Indian Multinational company, multinational Conglomerate (company), conglomerate company, founded by Shashi and Ravi Ruia, Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a variety of assets in the core sectors of energy (oil refining, oil and gas exploration and production, power), infrastructure & logistics (ports, projects), metals & mining, technology, and retail (oilfield services, information technology, and food retail). EGFL holds a nearly 100% stake in all its investments. Significant Essar Group companies include Essar Oil UK, Essar Ports, Essar Oil & Gas Exploration & Production, Essar Shipping, Essar Power, and Essar Projects. History In 1969, Shashi Ruia won a major contract worth Rs. 2.3 crore for the construction of an outer breakwater for Chennai Port, thus laying the foundation of Essar Group. In 1991, Essar became India's first Independent Power Producer (IPP) and started a 515 MW cycle power ...
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IT Services
Information technology service management (ITSM) are the activities performed by an organization to design, build, deliver, operate and control IT services offered to customers. Differing from more technology-oriented IT management approaches like network management and IT systems management, IT service management is characterized by adopting a process approach towards management, focusing on customer needs and IT services for customers rather than IT systems, and stressing continual improvement. The CIO WaterCooler's 2017 ITSM report states that business uses ITSM "mostly in support of customer experience (35%) and service quality (48%)." Process Execution of ITSM processes in an organization, especially those processes that are more workflow-driven, can benefit significantly from being supported with specialized software tools. Service desk A service desk is a primary IT function within the discipline of IT service management (ITSM) as defined by ITIL. It is inten ...
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Sustainable Business
A sustainable business, or a green business, is an enterprise that has (or aims to have) a minimal negative (or potentially positive) impact on the global or local environment, community, society, or economy. Such a business attempts to meet the triple bottom line. They cluster under different groupings, and the whole is sometimes referred to as " green capitalism." Often, sustainable businesses have progressive environmental and human rights policies. In general, a business is described as green if it matches the following four criteria:Cooney, S. (2009) "Build A Green Small Business. Profitable ways to become an ecopreneur." # It incorporates principles of sustainability into each of its business decisions. # It supplies environmentally friendly products or services that replace demand for nongreen products and/or services. # It is greener than traditional competition. # It has made an enduring commitment to environmental principles in its business operations. Terminology "Gr ...
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Nippon Steel
(previously known as Nippon Steel & Sumitomo Metal until 2019) is Japan's largest steelmaker, headquartered in Marunouchi, Chiyoda, Tokyo. The company has four business segments, which are steelmaking, engineering, chemicals, and systems solutions. It is the largest producer of crude steel in Japan and the fourth largest in the world. The company is on the Forbes Global 2000 list, ranked 1971 in 2023. The company is the third incarnation of the Nippon Steel name, each time with a slightly different spelling or pronunciation. The original company, known as Japan Iron & Steel Co., Ltd. (日本製鐵, ''Nihon Seitetsu''), was split into two separate companies in 1950. These two companies later merged in 1970 to form and this name lasted until 2012, when it merged with Sumitomo Metal Industries. The company’s English name reverted to its 1970 name in 2019, while its Japanese name returned to the original 1934 name. History Early years Nippon Steel traces its roots to J ...
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Supreme Court Of India
The Supreme Court of India is the supreme judiciary of India, judicial authority and the supreme court, highest court of the Republic of India. It is the final Appellate court, court of appeal for all civil and criminal cases in India. It also has the power of Judicial review in India, judicial review. The Supreme Court, which consists of the Chief Justice of India and a maximum of fellow 33 judges, has extensive powers in the form of original jurisdiction, original, appellate jurisdiction, appellate and Advisory opinion, advisory jurisdictions. As the apex constitutional court, it takes up appeals primarily against verdicts of the List of High Courts of India, High Courts of various states and tribunals. As an advisory court, it hears matters which are referred by the President of India#Judicial powers, president of India. Under judicial review, the court invalidates both ordinary laws as well as Amendment of the Constitution of India, constitutional amendments as per the basi ...
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ArcelorMittal
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation, headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu, and had an annual crude steel production of 58 million metric tonnes in 2024. The company has steel-making operations in 15 countries, including 37 integrated and mini-mill steel-making facilities. In 2024, the company's production was 38% in the Americas, 53% in Europe and 9% in other countries, such as South Africa and Ukraine. The company is vertically-integrated and produces 58% of its iron ore needs, 90% of its coke needs, and 54% of its scrap and direct reduced iron needs. The company is ranked 190th on the Fortune Global 500. The company is 39.88% owned by Lakshmi Mittal and his family and the remainder of the company is publicly traded. The Company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, Ukraine, South Africa and, via its joint venture in In ...
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Nayara Energy
Nayara Energy LTD(pronounced na-yaa-raa -ˈnæ.ˈjɑː rə) ()is an Indo-Russian oil refining and marketing company that owns and operates Vadinar refinery located at Dwarka district of Kutch Vadinar, Gujarat, India with a capacity of 250 MMTPA of refining capacity Crude oil processed making it the second largest refinery in India. 6000+ Nayara branded outlets and over 1200 petrol pumps in various stages. History Nayara Energy operates the second-largest refinery in India. It is in Vadinar, Devbhumi Dwarka district, Devbhoomi Dwarka District, a few kilometres from the world's largest refining complex (Jamnagar Refinery of Reliance Industries). Buyout It was a Public company, publicly traded company ( and ) until it was taken private in a leveraged buyout which closed on 30 December 2015. It was delisted valued at ₹380 billion (US$5.3 billion). Operations It operates over 6600 retail fuel outlets in the country, highest for any private oil company in India. The ref ...
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United Capital Partners
UCP Investment Group is a Russian independent asset management company investing in publicly traded securities and private companies. UCP’s investment portfolio includes assets in the industrial, oil & gas and infrastructure sectors, retail and consumer goods, private pension funds and internet technologies. As of August 2013, the total value of assets under management was estimated at 3.5 billion dollars. History UCP was established in 2006 by a group of former employees and shareholders of United Financial Group (UFG), one of the Russia’s largest investment banks, following UFG’s acquisition by Deutsche Bank. Ilya Sherbovich, the former president of UFG, was the originator of the idea to create UCP; however he only became president of UCP in September 2007 after the integration of UFG into DeutscheUFG. At that point, he also became the owner of a controlling stake in UCP. Following Sherbovich’s move from Deutsche Bank about 20 people also left the firm to join UCP, i ...
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Trafigura
Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy. It is the world's largest private metal trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. Trafigura was formed by Claude Dauphin and Eric de Turckheim in 1993 but quickly split off from a group of companies managed by Marc Rich. Trafigura has been named or involved in several scandals, particularly the 2006 Ivory Coast toxic waste dump (which left up to 100,000 people with skin rashes, headaches and respiratory problems) and the Iraq Oil-for-Food Scandal. History Trafigura Beheer BV was established as a private group of companies in 1993 by six founding partners: Claude Dauphin, Eric de Turckheim, Graham Sharp, Antonio Cometti, Daniel Posen and Mark Crandall. Initially focused on ...
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Rosneft
PJSC Rosneft Oil Company ( stylized as ROSNEFT) is a Russian integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Russian government through the Rosneftegaz holding company. Its name is a portmanteau of the Russian words (). Rosneft was founded in 1993, as a state enterprise and then incorporated in 1995, acquiring a number of state-controlled gas and oil assets. It became Russia's leading oil company after purchasing assets of the former oil company Yukos at state-run auctions. After acquiring OJSC TNK-BP in 2013, then one of the largest oil companies in Russia, Rosneft became the world's largest publicly traded petroleum company. Rosneft is the second largest Russian company and state-controlled company in Russia in terms of revenue ( ₽4,134 billion). Internationally, it is one of the larges ...
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Reserve Bank Of India
Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Ministry of Finance, Government of India, Government of the Republic of India, it is responsible for the control, issue, and maintenance of the supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. The RBI, along with the Indian Banks' Association, established the National Payments Corporation of India to promote and regulate the payment and settlement systems in India. Bharatiya Reserve Bank Note Mudran, Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Mysore (Karnataka; Southern India) and Salboni (West Bengal; Eastern India). Depos ...
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Essar Shipping
Essar Shipping Ltd., now Essar Shipping Ports & Logistics Limited, is an Indian shipping corporation for the global energy business. Established in 1945, Essar Shipping was formally incorporated in 2010 and is listed on the Bombay Stock Exchange. Headquartered in Mumbai, it operates as a subsidiary of the Essar Group. The company's fleet handles a daily average of eight million barrels of crude oil, 320,000 barrels of petroleum products and 355,000 tons of dry bulk cargo. The company currently has a fleet of 26 vessels, with an additional 12 new ships on order. It provides contract drilling services to global oil majors, with a fleet of 13 onshore rigs and one semi-submersible offshore rig; two new jack-up rigs on order. Essar Shipping Ports & Logistics Ltd was the first Indian shipping company to obtain the International Safety Management Code (ISM) in 1995 and is also ISO 14001 certified. The company has proposed to maximise the fleet in 2017-18 by adding new VLCCs & ULCCs. ...
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