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ODISHA BHUSHAN STEEL
Delhi HC seeks Centre’s reply on Tata Steel’s Rs 757 cr Coal Block claim in OdishaTata Steel has petitioned the Delhi High Court, seeking over Rs 757 crore with interest as compensation for the Supreme Court's cancellatio...- NCLT approves Tata Steel takeover of Bhushan EnergyThe principal bench of NCLT Delhi also rejected objections from Bhushan Energy's former promoter Neeraj Singal opposing Tata Steels' bid.
- Tata Steel aiming for higher capacity utilisation in Bhushan SteelBhushan Steel's Odisha plant is presently operating at 3.5 MT against a capacity of 5 MT, the official said.
- Tata Sons Chairman meets Patnaik, talks investmentTata Sons Chairman Natarajan Chandrasekaran met Odisha Chief Minister Naveen Patnaik on his first visit to the state post the accusation of...
- Tata Steel to raise Rs 16,500 cr debt to fund Bhushan acquisitionDomestic giant Tata Steel today said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan ...
- NCLT clears decks for Tatas’ acquisition of Bhushan SteelThe tribunal also dismissed a plea filed by the employees of Bhushan Steel opposing Tata Steel's bid and imposed a fine of Rs 1 lakh.
- Tata Steel selected as successful applicant to buy Bhushan SteelTata Steel and India's biggest domestic steelmaker JSW Steel Ltd were the two primary industry bidders for the acquisition of Bhushan Steel.
- Bhushan Steel to hive off plants in Sahibabad and KhopoliThe company said its board had approved “demerging by way of slump sale to subsidiaries through Business Transfer Agreement company’s plant...
- Naveen Patnaik to meet industry bosses at Odisha Investors’ Meet in MumbaiOdisha Chief Minister Naveen Patnaik will be selling Odisha to industry bigwigs on Sunday at the Odisha Investors’ Meet, which will be held...
- Talks on sale of Odisha asset in final stage: Bhushan SteelDebt-laden Bhushan Steel said the discussion regarding the sale and lease-back arrangements of two of its assets - coke oven and oxygen pla...
- Bhushan Steel to sell, lease back oxygen plants in OdishaBhushan Steel has been under pressure from its lenders to cut down its debt burden. About 51 banks have an exposure of Rs 40,000 cr in the ...
- JSW Steel keen to acquire assets of Bhushan Group: SourcesIt is in talks with lenders to buy Bhushan's Odisha steel unit, reported Nisha Poddar of ET Now quoting sources.
- JSW Steel in talks to buy Bhushan Steel’s Odisha unit and Orissa SpongeOrissa Sponge had been in the middle of a takeover battle due to its iron ore and coal mine reserves, this is also the reason for JSW Steel...
- Lenders likely to put Bhushan Steel on the blockLenders have kicked off the process of finding a new buyer for the troubled steel company, three independent sources with direct knowledge ...
- Odisha Pollution Control Board orders closure of Bhushan Steel's new blast furnaceThis order has been issued by PCB following an explosion on November 13 which killed one person and injured 19 others during its trial run.
- Bhushan Steel in Odisha violating safety, labour laws: Srikant Kumar JenaBhushan Steel, was today accused by Union Minister and Congress leader Srikant Kumar Jena of violating all safety and labour laws.
- Bhushan Steel to raise Rs 475 crore through rights issueBhushan 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...
- SC ruling in Bhushan Steel case to help other companies secure ore suppliesSC ruling in Bhushan Steel case has kindled hopes of progress in the large number of projects delayed by government apathy and red tape.
- Bhushan Steel plans 5k-cr Odisha facility; stock upBhushan Steel, the country's third-largest producer of secondary steel, on Tuesday said it plans to invest about 5,000 crore for setting up...
- Bhushan plans 5k-cr Odisha facilityBhushan Steel, the country's third-largest producer of secondary steel, on Tuesday said it plans to invest about 5,000 crore for setting up...
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