"This is to inform you Nittin Johari, Whole-Time Director (Finance), has tendered his resignation from the Board of Directors of the compan...

Lenders including State Bank of India and ICICI Bank Ltd. are aiming to restructure the debt under a new program the Reserve Bank of India ...

Since January 2016, iron ore has shot up from $42 to $ 61/tonne, while coking coal prices have zoomed over 26% since July to touch $127.5.

The stock had hit its upper circuit limit of 20 per cent in the preceding session, tracking the positive development.

Punjab National Bank, State Bank of India, Dena Bank and Bank of India has a total exposure of around Rs 30,000 crore in the company.

For the entire 2014-15 fiscal, Bhushan Steel's standalone net loss stood at Rs 1,253.83 crore as against a net profit of Rs 61.96 crore in ...

Joint Lenders Forum has agreed to extend the loans of BSL for a tenure of 25 years under the RBI's scheme for long-term structuring of loan...

The consortium of lenders led by Punjab National Bank has also directed the company to monetize its noncore businesses to arrange for cash.

Rating agency CARE downgraded it six notches in two months and Brickwork Ratings scaled it down 16 notches in five months.

Bhushan Steel is planning to raise Rs 475 crore through rights issue, which will be launched in the third week of this month, a senior comp...

The West Bengal Chief Minister has been known for her stance against forcible land acquisition and the decision was taken in that backdrop.

Bhushan Steel today said it plans to raise up to Rs 700 crore by April through a rights issue to part-finance its ongoing expansion project...

Bhushan Steel has put on hold its proposed Rs 20,000-crore steel project in West Bengal due to the state government's decision not to acqui...

Steel venture looks to set up its second plant in the state.

Secondary steel producers have said that they would be hit hard if the government’s proposal to impose 10% export duty on cold rolled (CR) ...

The government has asked cold-rolled (CR) steel makers to voluntarily reduce prices as it is adding to inflationary pressures.

Delhi-based Bhushan Steel is raising up to $100 million through external commercial borrowings (ECBs) to partly replace its high-cost rupee...