According to the notice submitted to the CCI, the proposed combination involves the acquisition by Tata Steel, either directly or through a...

Tata Steel, which won the bid for Bhushan Steel Ltd (BSL), completed the acquisition of controlling stake of 72.65 per cent in the debt-lad...

An NCLAT bench issued notices to Tata Steel, the resolution professional and Committee of Creditors (CoC) of Bhushan Steel on a petition fi...

The bankrupt firm was among the 12 stressed assets the RBI had referred to NCLT proceedings last year.

Tata Steel and India's biggest domestic steelmaker JSW Steel Ltd were the two primary industry bidders for the acquisition of Bhushan Steel.

Bhushan Steel is one of the 12 large NPAs held by Indian banks that lenders last year took to NCLT for a resolution under the Insolvency an...

Apart from Tata Steel, other players that had submitted bids for the asset were JSW Steel, as well as a group of employees in a tie-up with...

The last day to submit bids was February 3.

Essar Steel was among the initial 12 companies identified by the Reserve Bank of India (RBI) for insolvency proceedings.

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

The Luxembourg-based ArcelorMittal is among top industry players, including Tata Steel, that have submitted bids to acquire the debt-ridden...

"Yes! ArcelorMittal is interested in Bhushan Steel," said a person in the know of the matter and refused to elaborate further.

Since the plea has been admitted by the NCLT, there is a 180-day timeline to decide on a resolution plan in accordance with the Insolvency ...

The companies have 180 days to come up with a resolution — though they can ask for an additional 90 days in some situations — or face liqui...

NCLT has appointed Vijay Kumar V Iyer as an IRP for Bhushan Steel Ltd and Mahender Kumar Khandewal for Bhushan Steel & Power Ltd.

NCLT had issued notices to both firms last week over insolvency proceedings initiated by their lenders.

A bench headed by Justice MM Kumar also reserved order on the plea filed by Punjab National Bank (PNB) against Bhushan Steel & Power Ltd.