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May 23, 2015 12:21 AM ET

Industrial Conglomerates

Company Overview of Essel Group

Company Overview

Essel Group, a conglomerate company, engages in the businesses of media, technology, entertainment, packaging, infrastructure, education, and precious metals. Its activities include producing and aggregating Hindi programming; operating news and regional entertainment channels; owning DNA, an English language newspaper; providing direct to home entertainment; providing cable services in India; creating animations in short and long formats; providing Internet data center and managed hosting services; operating screens; providing online gaming services; operating a chain of commercial and housing complexes, construction business, and multiplex cinema-cum-family activity centers; owning and ope...

Continental Building

135, Dr. Annie Besant Road


Mumbai,  400 018


Founded in 1976


91 22 6697 1234


91 22 2490 0302

Key Executives for Essel Group

Vice Chairman and Managing Director
Age: 59
Founder and Non-Executive Chairman
Age: 63
Chief Executive Officer of Taj Television India Pvt Ltd
Age: 54
Compensation as of Fiscal Year 2014.

Essel Group Key Developments

JA Solar and Essel Group Form Joint Venture to Build $150 Million Facility in India

JA Solar and Essel Group have inked an agreement to form a joint venture to set up a facility worth $150 million in India with an aim to manufacture solar cell and modules. Essel Group has engaged in a partnership with JA Solar to set up a manufacturing firm for solar cell and module in India. The proposed JV company will build a manufacturing facility with a projected capital of $150 million. It aims to garner $30-45 million of the estimated cost through equity funding.

Essel Group Seeks Funding

Essel Group is in talks with private equity firms and financial institutions to raise funds to develop smart cities across India. Essel Group is looking for equity and structured finance for its two infrastructure holding companies that will execute the projects, a top executive of Essel Group said. The money will be raised by Essel Infraprojects Ltd. and Essel Utilities Distribution Company Ltd.

Essel Group Buys INR 3,040 Million Bungalow in Lutyens' Delhi

Essel group has bought a bungalow in Lutyens' Delhi for INR 3,040 million. The bungalow, which was owned by a subsidiary of real estate firm Anant Raj group, Greatway Estates, stands on a 2.8 acre plot on Bhagwan Das Road, a stone's throw away from the Supreme Court of India and India Gate in central Delhi in the Lutyens Bungalow Zone (LBZ).

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