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BHUSHAN POWER OF STEEL
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...- 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 may sell 50% in Bhushan Power to JFEJSW Steel is considering selling half of its stake in Bhushan Power and Steel. Japanese firm JFE Steel Corp is reportedly leading the race ...
- JSW Steel seeks refund of Bhushan Power and Steel-linked paymentsJSW Steel wants its money back. The company has asked banks for a refund related to its Bhushan Power and Steel resolution plan. This follo...
- JSW Steel may face 10-15% production hit, ₹4,500-crore Ebitda dent as Bhushan Power liquidation loomsJSW Steel faces potential setbacks as the Supreme Court deemed its acquisition of Bhushan Power & Steel illegal, potentially leading to liq...
- SC scraps JSW Steel’s ‘illegal’ Bhushan Power and Steel deal, orders liquidationThe Supreme Court has nullified JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it illegal and ordering liquidation. J...
- ED attaches assets of Rs 1.74 cr in PMLA case against BPSLThe ED has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in Bhushan...
- JSW Steel increases Bhushan Power & Steel offer by Rs 400 crore“We have received a fresh offer in which JSW Steel has agreed to make an upfront payment for Bhushan Power & Steel; also the offer has been...
- NCLT approves JSW Steel's Rs 19,700 crore bid for Bhushan Power & SteelNCLT has approved JSW Steel's Rs 19,700 cr resolution plan for debt-ridden Bhushan Power & Steel Ltd.
- 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.
- CCI gives nod to Tata Steel-Bhushan Power & Steel dealAccording to the notice submitted to the CCI, the proposed combination involves the acquisition by Tata Steel, either directly or through a...
- Many of Bhushan’s Suppliers may have to shut shopThe bankrupt company owes about 1,700 operational creditors Rs 723 crore.
- Tata Steel moves NCLAT against ruling allowing Liberty House to bid for Bhushan PowerLiberty House submitted a bid for Bhushan Power & Steel on February 20, well past the deadline for making binding offers for the company.
- UK's Liberty House turn favourites to buy bankrupt Bhushan Power & SteelLiberty House's offer to make an upfront payment of Rs 18,500 crore to lenders of Bhushan Power & Steel trumped the Rs 17,000 crore offer b...
- Creditors reject Liberty House bid for Bhushan Power and SteelRace for the takeover of the bankrupt firm to now be between Tata Steel and JSW steel; bids from the two interested entities were disclosed...
- Tata Steel frontrunner to acquire Bhushan Power with Rs 24,500 crore offerTata Steel’s offer includes an upfront payment to lenders of Rs 17,000 cr, a cash infusion in the company of Rs 7000 cr to meet working cap...
- JSW Steel and Tata Steel stock up as they bid for Bhushan Power & SteelJSW Steel and Tata Steel have also emerged as the most aggressive bidders for Bhushan Steel.
- Syndicate Bank bribery case: Mix-up in details of key accusedThe investigating agency has named Arun Kumar as CFO of Bhushan Steel, though he actually works for Bhushan Power & Steel.
- Govt warns 7 co's including Arcelor Mittal,GVK Power for delayThe government has issued warning to Arcelor Mittal, GVK Power and Bhushan Power and Steel, to begin the development of coal and lignite bl...
- Fitch affirms 'A-' long-term rating on Bhushan Power & SteelThe 'A' rating denote expectations of low default risk relative to other issuers or obligations in the same country.
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