Essar Group co-founder Shashikant Ruia passes away

Ruia had been suffering from a “prolonged illness” and died in Mumbai at around 23.55 pm on Monday, after having returned from the US, where he was undergoing treatment, according to news agency PTI.

He is survived by his wife Manju and two sons Prashant and Anshuman.

The report says his mortal remains will be kept at Ruia House from 1 pm to 3 pm on Tuesday, and that the funeral procession will leave from Ruia House at 4 pm towards the Hindu Worli Crematorium.

Currently into the oil, power, logistics, mining, IT, retail, and infrastructure business, the Essar Group was founded by the Ruia brothers Shashikant Ruia and Ravi Ruia in 1969.