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| Other
Businesses |
| Paprika
Media |
 Launched
in 2004, Paprika Media is the Group’s foray
into Publishing. The Publishing business is a separate
entity with a dynamic and aggressive team. It tied
up with the U.K. based publishing company Time Out
in March 2004, to publish an Indian edition of the
magazine. Time
Out Mumbai was launched in September 2004 as
a fortnightly priced at Rs. 25 and has become an
integral part of the entertainment of Mumbai. Paprika
Media plans to publish this title in other cities
as well and is looking at opportunities in the entertainment
and lifestyle space. |
| Aegis
Communications Group |
 India
is a major business process outsourcing (BPO) hub
of the world. In terms of revenue generation, the
BPO Business is going to be a profitable venture
and is expected to become the next wealth-creating
engine after services.
In order to be a part of this revolution, Essar
has created a presence in the BPO market in the
US and India, with Aegis Communications Group Inc.
Investment firms Deutsche Bank and The Essar Group
own the company with a combined 80% stake.
Aegis Communications Group is a Nasdaq-listed company,
operating 11 call centres across the US with a capacity
of 3,000 seats. It has revenues in excess of USD
100 million and has tremendous potentials for growth.
Essar has a 400-seat call centre in India which
caters to the BPO needs of clients in the US and
UK. |
| Essar
Agrotech Limited |
 Essar
Agrotech Limited (EATL) is an established name
in agricultural produce catering to international
markets. An offshoot of the Essar Group of companies,
it imbibes the experience of a group that has been
running profitable and stable businesses spanning
diverse sectors, for over quarter of a century and
has all the vigor of a young company.
Essar Agrotech Limited was amongst the pioneers
in the Indian Floriculture business. When it began
its foray in to commercial production of Dutch variety
of roses as far back as 1994, it was just a beginner
in the international markets. But today, it is one
of the leading players in exacting markets in Europe,
Far-East, Middle-East and Australia. It has been
successful in establishing 'Indus Fresh' brand for
Dutch Roses and Exotic Vegetables.
Through its quality conscious practices and strategic
moves, the company has not only succeeded in tough
international markets but managed to influence and
enhance the overall perception of Indian companies
as well. From a humble beginning that began from
the slopes of Lonavala, the strong roots of Essar
Agrotech are spreading all across the globe. |
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