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JSW Steel crude steel production rises 15% to 22.93 LTJSW Steel reported a significant 15 percent jump in crude steel production for May. The company produced 22.93 lakh tonnes, a notable incre...- JSW Steel posts 13-fold rise in profit for March quarter; to double capacity in 6 yearsJSW Steel reported a nearly 13-fold surge in Q4 profit driven by an exceptional gain and record volumes. The company plans aggressive expan...
- Buy, Sell or Hold: Elara Capital maintains a buy rating on Oil India; Goldman Sachs retains a buy rating on JSW SteelBrokerage firms are optimistic about specific market segments. Strong earnings, supportive policies, and better balance sheets are driving ...
- JSW Steel Q4 Results: Cons profit surges 131% YoY to Rs 3,475 crore, revenue rises 14%JSW Steel reported a significant 11-fold surge in consolidated net profit for the March quarter, reaching Rs 16,370 crore. This impressive ...
- JSW Steel's unit plans fundraise via masala bondsJSW Steel's unit, JSW Kalinga Steel, is raising approximately ₹9,500 crore via unsecured, zero-coupon bonds to finance its joint venture wi...
- SC lists review petitions of JSW Steel and BPSL lenders in open court on July 31The Supreme Court will review its May 2 judgment regarding Bhushan Power and Steel (BPSL) liquidation, hearing petitions from JSW Steel and...
- JSW Steel files review petition before SC on Bhushan Power deal collapseJSW Steel has filed a review petition with India's Supreme Court regarding the rejection of its $2.3 billion acquisition of Bhushan Power a...
- JSW moves Supreme Court to halt Bhushan Power and Steel Ltd liquidationJSW Steel has appealed to the Supreme Court to halt the liquidation of Bhushan Power and Steel Ltd (BPSL), warning it would be detrimental ...
- JSW Steel evaluating legal options for troubled BPSL assetsJSW Steel implemented the resolution plan for Bhushan Steel and Power Ltd "in full compliance" and the company is now evaluating all option...
- SC ruling against BPSL's resolution plan likely have adverse bearings on JSW Steel financialsThe Supreme Court's rejection of JSW Steel's BPSL takeover plan is anticipated to negatively impact JSW Steel's financials, potentially cau...
- BPSL creditors face big clawback after SC rejection of planThe Supreme Court overturned JSW Steel's acquisition of Bhushan Power & Steel, potentially requiring creditors like Deutsche Bank and SBI t...
- BPSL scam: Delhi HC grants bail to Aarti SingalAarti Singhal, director of Bhushan Power and Steel Ltd (BPSL), has been granted bail by the Delhi High Court after being arrested by Seriou...
- BPSL Fraud: Aarti Singal was aware that goods pledged as surety to banks were sold in open marketThe agency that probes corporate fraud claimed this while seeking custody of Aarti Singal, who was arrested on Monday. The court sent her a...
- SFIO summons Sanjay SingalBPSL had acquired Rs 4,025.23 crore in the form of equity capital infused by the Singals and associated promoter companies, “...which was s...
- NCLAT asks investigative agencies to clarify over JSW Steel's immunity in BPSL matterA three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya asked the agencies to file their reply affidavits by January 20 s...
- NCLAT directs ED to file final affidavit in BPSL assets attachment matterA two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked the ED to clarify about its role after the attachment of...
- BPSL acquired Rs 27,559-crore assets by diverting loans: EDThe agency has said BPSL acquired land valued at about Rs 361 crore, made addition of buildings valued at Rs 7,473 crore and plant and mach...
- BPSL waived Rs 2.6k cr advances and undersold assets, reveal auditsThe Enforcement Directorate (ED), which is probing alleged money-laundering by the promoters of the now-bankrupt company, has recorded find...
- Bhushan Power misused bank loans to route funds to promoter cos: EDBPSL had devised a peculiar modus operandi to siphon funds obtained as loans from various banks/financial institutions, said the Enforcemen...
- Not backing out from buying Bhushan Power, but anxious about alleged fraud reports: JSW tells NCLTPNB reported a fraud worth Rs 3,805.15 crore by BPSL by misappropriating bank funds and manipulating its books of accounts.
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