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BHUSHAN STEEL CASE
First ever: ED auctions seized aircraft Hawker 800A in Falcon scamIn a significant move, the Enforcement Directorate has successfully auctioned a Hawker 800A aircraft for Rs 3 crore. This marks the first t...- ED attaches Rs 58-crore assets of wife of Bhushan Steel's ex-promoterThe Enforcement Directorate has seized over Rs 58 crore in assets belonging to Ritu Singal, wife of former Bhushan Steel promoter Neeraj Si...
- JSW Steel may face 10-15% production hit, ₹4,500-crore Ebitda dent as Bhushan Power liquidation loomsJSW Steel faces potential setbacks as the Supreme Court deemed its acquisition of Bhushan Power & Steel illegal, potentially leading to liq...
- ED files additional chargesheet in Bhushan Steel caseEnforcement Directorate chargesheet includes Bhushan Steel and Bhushan Energy funds misappropriation with 156 accused. Properties bought wi...
- ED files additional chargesheet in Bhushan Steel caseEnforcement Directorate chargesheet includes Bhushan Steel and Bhushan Energy funds misappropriation with 156 accused. Properties bought wi...
- 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...
- Bhushan Steel bank 'fraud' case: ED arrests five persons including former executivesFive individuals have been arrested in connection with an alleged Rs 56,000 crore bank loan fraud-linked money laundering case against form...
- Bhushan Steel's buyout to reduce PSB NPAs by Rs 35,000 croreTata Steel completed the acquisition of controlling stake of 72.65 per cent in Bhushan Steel for around Rs 36,400 crore after emerging as t...
- Finance Ministry expects banks to get back over Rs 1 lakh cr with resolution of 12 major NPAsAfter completion of Bhushan steel case, resolution of remaining 11 NPAs, which account for 25% of total bad loans, will easily fetch banks ...
- Bhushan Steel surges 20% after Tata Steel's highest bidThe scrip jumped 19.93 per cent to Rs 53.85 on Monday.
- Bhushan Steel, BSPL's resolution professionals to meet creditors tomorrowOfficials would be evaluating bids submitted by interested parties and a final decision on the two debt-laden firms is likely to be taken b...
- Law Tribunal reserves order on Bhushan firmsNCLT had issued notices to both firms last week over insolvency proceedings initiated by their lenders.
- SFIO begins probe into 2 bhushan companiesIf the finding of SFIO is benign, lenders can go ahead and recast the loan.
- 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.
- Bhushan Steel slips 5% on rating downgrade; down 60% since AugustBhushan Steel is having a hard time convincing its lenders that it can pay off its debt after its MD was arrested in a bribery case last we...
- SBI's Bhushan Steel bail out plan may face hurdles as lenders turn unsupportiveSBI wants outsiders to watch over company operations while the other lenders regard this as the wrong approach as Bhushan Steel has a stron...
- 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 family dispute settled; Sanjay gets BPSLThe Rs 13,000-crore Bhushan group today announced settlement of a nine-year old family dispute.
- Bhushan Steel gets Sebi nod for Orissa Sponge open offerThe battle for the control of the resource-rich Orissa Sponge Iron & Steel may intensify with Sebi allowing Bhushan Steel, one of the three...
- Bhushan Steel gets nod to go ahead with open offer for Orissa SpongeThe fight for ownership of the resources-rich Orissa Sponge Iron & Steel which was stuck in a legal dispute could get more intense, with ma...
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