SC recalls order cancelling JSW’s Rs 19,300 cr Bhushan Power resolution plan; Fresh hearing on Aug 7The Supreme Court has recalled its previous order that cancelled JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it a ...
01 Aug, 2025, 01.00 AM IST
CJI to Form Bench on JSW, lenders’ plea against Bhushan Power liquidationChief Justice of India BR Gavai said he will soon constitute a bench to hear review petitions filed by JSW Steel and lenders of Bhushan Pow...
21 Jul, 2025, 07.03 PM IST
Finalising response to SC's decision on JSW Steel-Bhushan deal: Govt officialsThe Indian government is actively addressing the court order that nullified JSW Steel's acquisition of Bhushan Power and Steel. The Departm...
05 May, 2025, 11.36 AM IST
Big order, big impact: JSW Steel’s Bhushan Power buyout cancelled by SC over IBC violationsThe Supreme Court has invalidated JSW Steel's resolution plan for Bhushan Power and Steel, citing non-compliance with the Insolvency and Ba...
03 May, 2025, 06.56 AM IST
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...
03 May, 2025, 06.27 AM IST
SC scraps JSW Steel’s ‘illegal’ Bhushan Power and Steel deal, orders liquidationThe Supreme Court has nullified JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it illegal and ordering liquidation. J...
03 May, 2025, 12.05 AM IST
JSW Steel shares sink 6.5% after Supreme Court nullifies Bhushan Power acquisitionJSW Steel's shares plummeted after the Supreme Court deemed its Rs 19,700 crore acquisition of Bhushan Power & Steel illegal, ordering liqu...
02 May, 2025, 12.52 PM IST
JSW Steel increases Bhushan Power & Steel offer by Rs 400 crore“We have received a fresh offer in which JSW Steel has agreed to make an upfront payment for Bhushan Power & Steel; also the offer has been...
04 Dec, 2020, 08.22 AM IST
JSW Steel sweetens offer for BPSL by Rs 400 croreIt’s a complete U-turn from their stance a few months ago when they were asking for more time to close the deal, the person quoted above sa...
03 Dec, 2020, 11.29 PM IST
Bidder JSW Steel a related party, can’t be given immunity: ED to NCLATBhushan Power’s former promoters are facing charges of financial irregularities and money laundering. In an affidavit filed in the National...
30 Jan, 2020, 07.23 AM IST
JSW Steel set to acquire Bhushan PowerJSW Steel had made a Rs 19,650-crore offer, which included upfront payment of Rs 19,300 crore.
13 Feb, 2019, 11.19 AM IST
JSW Steel looks for partner to bid for Bhushan PowerThe company is competing with Tata Steel and UK’s Liberty House for Bhushan Power & Steel that owes Rs 47,000 crore to lenders.
20 Oct, 2018, 06.45 AM IST
JSW Steel weighing options to fund acquisition of Bhushan Power, Essar Steel"JSW Steel is exploring differentiated financing options, including joint control model, to fund its acquisition of stressed assets of Bhus...
19 Oct, 2018, 05.55 PM IST
JSW bid for Bhushan Power and Steel gets 90 per cent lenders backingBesides JSW Steel, Tata Steel and Liberty House have also submitted bids for the stressed steel company.
17 Oct, 2018, 09.53 PM IST
Lenders to vote on JSW’s new offerJSW had initially offered upfront payments of Rs 11,500 crore to BPSL’s lenders against Tata Steel’s offer of Rs 17,000 crore.
13 Oct, 2018, 07.46 AM IST
Creditors reject Liberty House bid for Bhushan Power and SteelRace for the takeover of the bankrupt firm to now be between Tata Steel and JSW steel; bids from the two interested entities were disclosed...
21 Feb, 2018, 07.19 PM IST
JSW Steel and Tata Steel stock up as they bid for Bhushan Power & SteelJSW Steel and Tata Steel have also emerged as the most aggressive bidders for Bhushan Steel.
08 Feb, 2018, 06.26 PM IST