Essar Shipping Ltd News
Essar Group hires Manu Kapoor as chief of public policy, corporate affairs
Essar Group on Friday announced the appointment of Manu Kapoor as its Group Chief for public policy and corporate affairs. Kapoor joins the company with over three decades of specialised experience with corporations, governments, public sector agencies, and industry groups. He is an established leader with a successful career in managing corporation's reputation and brands across the Middle East, Africa, Central Asia, Russia, CIS (Commonwealth of Independent States), eastern Europe, Baltics and Asia. He carries an in-depth knowledge of the geo-political landscape across the globe. Prashant Ruia, Director, Essar Capital, said, "Manu will be responsible for building and maintaining strategic relationships with key stakeholders, including businesses, government bodies, regulators, media, and policymakers". "Essar is strengthening its global presence in energy transition, green steel, digitisation, technology, and innovation. It's an incredible opportunity to collaborate with industry
 "Essar Group hires Manu Kapoor as chief of public policy, corporate affairs")
Essar Shipping Q1 results: Net loss of Rs 34.53 cr, income at Rs 11.57 cr
Essar Shipping on Thursday reported a consolidated loss of Rs 34.53 crore in the first quarter ended June 2024. The company had clocked a profit of Rs 26.13 crore in the corresponding quarter a year ago, the company said in a regulatory filing to the BSE. Its total income from operations in the June quarter declined to Rs 11.57 crore, against Rs 48.48 crore in the year-ago period. The firm's total expenses stood at Rs 40.56 crore, compared to Rs 30.47 crore in the year-ago period. The company said it's current liabilities, including outstanding portion of Foreign Currency Convertible Bonds (FCCB) which have fallen due for redemption, exceed its current assets as on June 30, 2024.
 "Essar Shipping Q1 results: Net loss of Rs 34.53 cr, income at Rs 11.57 cr")
