{"id":338696,"date":"2020-02-24T10:31:08","date_gmt":"2020-02-24T05:01:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338696"},"modified":"2020-02-24T11:21:15","modified_gmt":"2020-02-24T05:51:15","slug":"essar-signals-resuming-investment-led-growth-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/essar-signals-resuming-investment-led-growth-plan\/","title":{"rendered":"Essar signals resuming investment-led growth plan"},"content":{"rendered":"<p>NEW DELHI: The USD 10 billion energy-to-technology conglomerate Essar is looking to embark on a new phase of investment-led growth on the strength of a substantially lighter balance sheet arising from repayment of Rs 1.4 lakh crore loans over the last three years, the promoter Ruia family has said. Despite losing Essar SteelNSE 0.00 % in insolvency proceedings, cash flows remain strong, with Rs 1,00,000 crore of revenues from existing businesses.<\/p>\n<p>The group has kickstarted its 50th-anniversary celebrations with an aggressive influencer outreach.<\/p>\n<p>In a mailer sent to Union ministers, chief ministers and top bureaucrats, the Essar Group has indicated that it is &#8220;poised to embark on a new phase of growth while driving growth in its existing portfolio.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The USD 10 billion energy-to-technology conglomerate Essar is looking to embark on a new phase of investment-led growth on the strength of a substantially lighter balance sheet arising from repayment of Rs 1.4 lakh crore loans over the last three years, the promoter Ruia family has said. Despite losing Essar SteelNSE 0.00 % in insolvency proceedings, cash flows remain strong, with Rs 1,00,000 crore of revenues from existing businesses. The group has kickstarted its 50th-anniversary celebrations with an aggressive influencer outreach. In a mailer sent to Union ministers, chief ministers and top bureaucrats, the Essar Group has indicated [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-338696","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=338696"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338696\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}