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BASANT KUMAR JHAWAR
MCA summons directors, officers of Usha MartinUsha Martin would stick to its wire rope business after exiting from steel.
09 Jan, 2019, 08.28 PM IST
Prashant Jhawar seeks details of Usha Martin steel business sale planThe company agreed to sell its steel division to Tata Steel for Rs 4,300-4,700 crore in September and the board approved the decision last ...
13 Nov, 2018, 08.27 AM IST
Prashant Jhawar supports Tata Steel's takeover of Usha Martin's steel business"We are confident that TSIL will run the assets in the way they deserve to be administered and enhance the legacy," Jhawar said in a statem...
29 Oct, 2018, 04.50 PM IST
Usha Martin fully committed to repay debtUsha Martin is committed to ensure that all sale proceeds are first applied to repayment of existing lenders, which will exhaust almost all...
25 Sep, 2018, 10.02 PM IST
SBI reply sought on Usha Martin collusion allegationThe petition alleged that two SBI officials had “acted in collusion and conspiracy" for “self aggrandisement and with ulterior motive and m...
08 Feb, 2018, 07.58 AM IST
Calcutta HC issues notice to SBI, officers in Usha Martin caseThe move is the latest episode in the ongoing feud between the two factions of the Jhawar family and complicates the debt recovery efforts ...
07 Feb, 2018, 10.05 PM IST
Usha Martin board decides not to opt for fresh capital infusionA meeting had earlier been called Saturday to consider raising further equity through a private placement to promoters.
21 Aug, 2017, 05.13 PM IST