Bhushan Steel money laundering case: Singals caused loss of ₹11,446 cr to financial institutions, alleges EDThe siphoned-off funds were invested in preference shares of Bhushan Steel Ltd (BSL) in the name of the promoters or in the name of the com...
20 Mar, 2024, 11.19 PM IST
Ex-chairman of Bhushan Steel should go to trial court for bail: SFIO to HCBrij Bhushan Singal and his son Neeraj Singal are accused of siphoning off Bhushan Steel Ltd funds.
26 Sep, 2019, 09.52 PM IST
Tata Steel BSL raises Rs 12,000 crore to refinanceIn November, a Rs 12,000-crore facility was contracted in Tata Steel BSL from a syndicate of five banks.
06 Dec, 2018, 09.58 PM IST
SFIO arrests Bhushan Steel ex-promoter Neeraj Singal for alleged fund diversionHe is accused of siphoning off around Rs 2000 crore from the loans availed by Bhushan using more than 80 companies.
10 Aug, 2018, 08.15 AM IST
Bhushan Steel posts standalone net profit of Rs 2,104.3 cr in June quarterThe company reported total revenue from operations at Rs 4,623.6 crore in the June 2018 quarter as compared to Rs 4,176.12 crore in the Apr...
10 Aug, 2018, 12.07 AM IST
JSW Steel may partner Piramal-Bain fund to bid for Bhushan SteelJindal has a proven track record of turning around stressed businesses. He had earlier acquired Ispat Steel and Southern Iron & Steel Compa...
07 Aug, 2017, 03.17 PM IST
Banks to give working capital loans to Bhushan Steel to avoid restructuringPublic sector banks are expected to release funds. Banks have an exposure of around Rs 40,000 crore to the steel company.
20 Mar, 2015, 02.21 AM IST
- Bhushan Steel to seek shareholders nod for $1 bn fund raising
Bhushan Steel today said it will seek shareholders nod to raise up to USD 1 billion (over Rs 5,400 crore) through issue of fresh securities.
26 Dec, 2012, 05.01 PM IST
- Sell Bhushan Steel with a target of 425: Ashwani Gujral
Bhushan Steel Ltd is a ‘SELL’ call with a target of Rs 425 and a stop loss of Rs 475.
01 Aug, 2012, 01.55 PM IST
- Buy Bhushan Steel Ltd with stop loss of Rs 445: Ashwani Gujral
"Buy Bhushan Steel Ltd with a target of Rs 465 and a stop loss of Rs 445."
08 Jun, 2012, 10.04 AM IST
- Buy Bhushan Steel with target of 348: Ashwani Gujral
Buy Bhushan Steel with a stop loss of about 327 and target of 348.
04 Jan, 2012, 09.58 AM IST
- Bhushan Power eyes global listing to raise $700 m
The company plans to use funds to part-finance future projects in Gujarat & Maharashtra.
27 Nov, 2010, 04.31 AM IST
- Bhushan Steel raises $300 mn foreign currency loan
Singhal family owned, Bhushan Steel has raised $300 million in foreign currency.
30 Jun, 2010, 02.25 PM IST
- Bhushan Steel plans to raise $500 mn
Bhushan Steel has decided to raise funds worth $500 million from the market to finance the company’s greenfield projects.
07 Jun, 2010, 12.22 AM IST
Bhushan Steel looks to offload 5% stakeThe Delhi-based Bhushan Steel is looking to sell a 5% stake to strategic investors for close to Rs 400 crore, a person familiar with the de...
20 Nov, 2009, 12.21 AM IST
- Orissa Sponge promoter's stake buy under cloud
Neeraj Singal’s Bhushan Steel, which mopped up an additional 4% stake in Orissa Sponge in the past two days, has written to the Company Law...
05 Mar, 2009, 12.23 AM IST
- Barings to pick up 20% in Bhushan Power for $33m
Barings Asia is close to buying about 20% in the Delhi-based Bhushan Power and Steel (BPSL) for $33m (Rs 152 crore). BPSL, a part of Bhusha...
31 Oct, 2006, 12.04 AM IST