The ED has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in Bhushan...

Ebix has claimed that the RP withheld information about such investigations from it and has cited the investigations as one of the reasons ...

While granting bail, the court recorded differences between details of the probable and actual proceeds of crime submitted by the Enforceme...

NCLT has approved JSW Steel's Rs 19,700 cr resolution plan for debt-ridden Bhushan Power & Steel Ltd.

The asset has been hotly contested with JSW submitting a bid higher than that of Tata's and Liberty House much later in the process.

JSW had initially offered upfront payments of Rs 11,500 crore to BPSL’s lenders against Tata Steel’s offer of Rs 17,000 crore.

"Today CoC meeting of Bhushan Power & Steel was held .... Surprisingly, sanctity and confidentiality of meeting was breached ... news of de...

The IRPs would complete the debt resolution proceedings at the two companies even though they have resigned from BDO.

Following this, the creditors' meeting that was supposed to be held on Wednesday has been cancelled until a final order for the case comes ...

Ebix Inc, a supplier of on-demand software solutions and e-commerce services to the insurance industry in offshore and custom software deve...

"Resolution plans for Bhushan Power & Steel Ltd are already in the process and the same are likely to be finalised within March 2018," Khan...

The interim resolution professionals had resigned from the Belgian company’s arm as partners in January to join rival PwC.

UK-based Liberty House is also keen to buy Bhushan Power and Steel, for which the Tatas have emerged the highest bidder at Rs 24,000 crore.

Race for the takeover of the bankrupt firm to now be between Tata Steel and JSW steel; bids from the two interested entities were disclosed...

A meeting of the CoC will take place on Wednesday to discuss both the eligibility of the Liberty House bid as well as to review the plan su...

“Liberty House will be bidding for Bhushan Power & Steel and in the coming few weeks we will be submitting (a bid for) the same,” a spokesp...

The Liberty bid is likely to value the company higher than the others, which means a smaller haircut for banks, an insolvency and bankruptc...