Bhushan Steel

Bank fraud: ED attaches assets of over Rs 4,000 cr of Bhushan Steel

Bank fraud: ED attaches assets of over Rs 4,000 cr of Bhushan Steel

New Delhi: The Enforcement Directorate on Saturday said it has attached assets worth over Rs 4,025 crore of Bhushan Power and Steel Limit...Read More

SC sets aside Delhi HC order granting bail to ex-CFO of Bhushan Steel

SC sets aside Delhi HC order granting bail to ex-CFO of Bhushan Steel

A bench headed by Justice N V Ramana delivered the verdict on an appeal by the Serious Fraud Investigation Office (SFIO) challenging the ...Read More

‘To recover Rs 2.8 lakh crore from IBC process’

‘To recover Rs 2.8 lakh crore from IBC process’

New Delhi: Ministry of Corporate Affairs (MCA) sees total recovery to about Rs 2.8 lakh crore through resolutions with the settlement of ...Read More

Tata Steel Q4 profit dips 84 pc to Rs 2,295 crore

Tata Steel Q4 profit dips 84 pc to Rs 2,295 crore

New Delhi: Domestic private sector steel giant Tata Steel Thursday reported a sharp 84.37 per cent fall in consolidated net profit at Rs ...Read More

Tata Steel net jumps 3-fold

Tata Steel net jumps 3-fold

New Delhi: Tata Steel on Tuesday posted a three-fold surge in consolidated net profit to Rs 3,116.2 crore for the quarter ended September...Read More

Bhushan Steel ex-promoter Neeraj Singal to remain out on interim bail; SC transfers case to itself

Bhushan Steel ex-promoter Neeraj Singal to remain out on interim bail; SC transfers case to itself

New Delhi: The Supreme Court Tuesday said Neeraj Singal, former promoter of Bhushan Steel, will remain out on interim bail granted by the...Read More

Existing power pacts between Bhushan Steel, Energy under discussion: Tatas

Existing power pacts between Bhushan Steel, Energy under discussion: Tatas

New Delhi : Tata Steel said on Wednesday that the existing power purchase pact between Bhushan Steel, the debt-laden company which it acq...Read More

placeholder

JSW Steel leads race to buy Bhushan Power 

New Delhi : JSW Steel has pipped Tata Steel at the post to emerge as the highest bidder for the stressed Bhushan Power and Steel.

SFIO arrests Bhushan Steel’s former promoter Neeraj Singal for siphoning off Rs 2,000 crore funds

SFIO arrests Bhushan Steel’s former promoter Neeraj Singal for siphoning off Rs 2,000 crore funds

New Delhi: The Serious Fraud Investigation Office (SFIO) has arrested Bhushan Steel’s former promoter Neeraj Singal for allegedly siphoni...Read More

PNB posts Rs. 940 crore loss in Q1

PNB posts Rs. 940 crore loss in Q1

New Delhi: Fraud-stricken Punjab National Bank (PNB) on Tuesday posted a net loss of Rs. 940 crore for the quarter ended June 30, against...Read More

Firm to challenge NCLAT order on Bhushan Steel

Firm to challenge NCLAT order on Bhushan Steel

New Delhi : Tata Steel on Friday moved the Supreme Court against the order of the National Company Law Appellate Tribunal that allowed bi...Read More

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

New Delhi: The company law appellate tribunal today asked Tata Steel if it will clear the statutory dues like income tax and GST of Bhush...Read More

IFCI recovers Rs 280 cr from Bhushan Steel, allotted over 5.79 lakh shares

IFCI recovers Rs 280 cr from Bhushan Steel, allotted over 5.79 lakh shares

New Delhi, Infrastructure lender IFCI has recovered Rs 280.30 crore and has been allotted over 5.79 lakh equity shares of debt-ridden Bhu...Read More

Bhushan Steel seeks 90 days extension to file Q4, FY18 results

Bhushan Steel seeks 90 days extension to file Q4, FY18 results

New Delhi: Debt-ridden Bhushan Steel, which has been acquired by Tata Steel under the insolvency process, has sought 90 days extension to...Read More

Yes Bank recovers Rs 184 cr from Bhushan Steel resolution

Yes Bank recovers Rs 184 cr from Bhushan Steel resolution

Mumbai, May 23  Midsize private sector lender Yes Bank today said it has recovered Rs 184 crore through the sale of the bankrupt Bhushan ...Read More

placeholder

Tatas to raise Rs 16,500 cr to fund Bhushan acquisition

New Delhi : Tata Steel on Tuesday said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhus...Read More

placeholder

NCLAT declines to stay Tatas’ Bhushan deal

New Delhi : The National Company Law Appellate Tribunal (NCLAT) on Monday declined to stay Tata Steel’s acquisition of debt-laden Bhushan...Read More

NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues notices

NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues notices

New Delhi: The National Company Law Appellate Tribunal (NCLAT) today declined to stay Tata Steel’s acquisition of debt-laden Bhushan Stee...Read More

placeholder

Tatas get NCLT approval to acquire Bhushan Steel

New Delhi : National Company Law Tribunal (NCLT) on Tuesday approved Tata Steel’s bid of Rs 32,500 crore, along with 12.27 per cent equit...Read More

placeholder

Bhushan Steel submits resolution plan to NCLT

New Delhi : The resolution professional for Bhushan Steel on Wednesday submitted the insolvency plan to National Company Law Tribunal, wh...Read More

Free Press Journal

www.freepressjournal.in