Zomato’s intercity delivery head Siddharth Jhawar quits; Blinkit executive Kamayani Sadhwani to take overSiddharth Jhawar joined Gurugram-based Zomato in April last year from Hotstar, where he was the head of strategic initiatives. He announced...
Prashant Jhawar quits as non-executive director of Usha MartinPrashant Jhawar stepped down alleging illegalities and non-compliance of provisions of law by directors and management running the company.
Basant Jhawar strongly objects to removal from Usha Martin BoardThe UML board has agreed to sell off the company's steel business to Tata Steel for Rs 4,600 crore to pare debt.
Co-founder thrown out, Usha Martin family feud reaches breaking pointThere was a family feud raging in the company that counts itself among the world's biggest wire rope makers.
MCA summons directors, officers of Usha MartinUsha Martin would stick to its wire rope business after exiting from steel.
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 ...
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...
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...
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 ...
Row within Usha Martin founding family intensifiesBasant Jhawar, 82, and his son Prashant Jhawar have filed complaints at the National Company Law Tribunal and the Calcutta High court in pu...
Usha Martin eyes debt reduction through sale of wire ropes unitThe company's total debt burden, including Rs 500 crore in working capital, stands at Rs 3,800 crore.
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.
Usha Martin lenders strip Basant Jhawar of special powersThe resolution to strip Basant Jhawar of special powers and ousting his son was initiated at the behest of country’s largest bank, State Ba...
Main aim is to bring down companies debt levels: Rajeev Jhawar, managing director of Usha MartinThe meeting was called at the behest of State Bank of India (SBI), our largest lender, with a resolution seeking the removal of Prashant Jh...
Our main objective is to bring down debt to sustainable levels: Rajeev Jhawar, MD, Usha MartinThe economy is picking up and demand from both auto and infrastructure sector is seen growing. That will help our steel business, Rajeev Jh...
Rs 5,000 cr on the line, lenders force out Usha Martin chairmanHowever, Prashant Jhwar says board meet was in violation of compliance laws.
Siddharth Jhawar appointed OSD to MoS Finance Jayant SinhaJhawar's appointment is effective from December 16, 2014, the date of clearance from Intelligence Bureau (IB), the DoPT order said.