JSW Steel moves Supreme Court, seeks rehearing on ₹19,300 cr Bhushan Power deal blowJSW Steel has approached the Supreme Court. It seeks a review of the May 2nd order. The order had scrapped its acquisition of Bhushan Power...
NCLT adjourns hearing on Bhushan Power & Steel's promoter plea for a monthThe National Company Law Tribunal has postponed the hearing on Bhushan Power & Steel's case. Sanjay Singhal, the former promoter, filed a p...
FinMin to support lenders in reviewing SC JSW steel orderThe finance ministry is inclined to support banks seeking a review of the Supreme Court's decision to overturn JSW Steel's acquisition of B...
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...
SAT quashes Sebi's order against Kishore Biyani, others in insider trading caseThe ruling came after the entities challenged an order passed by the Securities and Exchange Board of India (Sebi) in February 2021 that ha...
JSW Steel Q3 Results: Profit tanks 89% YoY to Rs 490 crore, misses estimatesThe company had posted a profit of Rs 4,357 crore in the last year period. Revenue from operations grew 2% year-on-year to Rs 39,134 crore
Robust demand, supply-side constraints keeping steel prices up: Seshagiri Rao, JSW Steel"The way it appears to be today is that the demand is quite strong. Secondly, there are a lot of supply-side constraints, either driven by ...
Sanjay Singal files fresh plea seeking stay on BPSL deal even as JSW starts financing process"This fresh application is seeking interim relief till his main application against JSW is heard. It remains to be seen whether the court t...
BPSL's Sanjay Singal appeals against SBI invocation of personal guarantee, cites Anil Ambani caseIn a notice to Singal dated August 31 SBI had said total loans of Rs 12,276 crore were due to the bank by the company and are now in defaul...
Bhushan Steel, BSPL case: NCLT nod for insolvency proceedingsNCLT has appointed Vijay Kumar V Iyer as an IRP for Bhushan Steel Ltd and Mahender Kumar Khandewal for Bhushan Steel & Power Ltd.
- Sell BHEL with target price of Rs 125: Vijay Bhambwani
BHEL is a ‘Sell’ with a target of Rs 125 and a stop loss of Rs 133.
- Steel investments to touch Rs 3 lakh cr
Steel seems to have outplayed other sectors in wooing investments, both foreign and domestic, as the sector is set to attract investment wo...
- Inter ministerial group on steel to meet on Oct 8
An inter-ministerial group, set up to fructify various projects in the steel sector, will meet within 10 days to address bottlenecks impedi...
- Cairn gets NSE okay for IPO allotment, to list on January 9
Cairn India has appointed Bigshare Services (BSPL) as the registrar to its recently concluded 32.87 crore share initial public offer.