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Next are these 3 large defaulters who are on banks’ list. They make up nearly half the loans of 12 defaulters identified by RBI
SBI, which is the lead bank for all the three steel companies, has called a meeting of the jo…
Everything You Need To Know About Bhushan Power And Steel
The industry verticals served by the company’s products include irrigation, agriculture, HVAC,…
Delhi HC rejects bail plea of Bhushan Steel ex-CFO Nittin Johari
New Delhi, Jan 27 () The Delhi High Court on Monday dismissed the bail plea of Bhushan Steel's form…
PTI
The stock of Punjab National Bank has lost half a billion dollars after a loan fraud of the same amount came to light
Skeletons keep tumbling out of the Punjab National Bank's (PNB) closet and the share price was down…
Bhushan Power & Steel takover: NCLAT gives JSW Steel immunity from criminal investigations
While the government had in December amended the insolvency law to ring-fence a corporate debtor, …
PTI
NCLAT allows JSW Steel to acquire Bhushan Power
New Delhi, Feb 17 () The National Company Law Appellate Tribunal on Monday allowed JSW Steel to acq…
PTI
JSW Steel gets approval to buy Bhushan Power without risk of prosecution
However, it also said that prosecution against the former promoters under the money laundering a…
PTI
NCLAT reserves order on JSW Steel's Bhushan Power buyout
The government had last month amended the IBC and inserted Section 32A, which mandates that once ma…
PTI
NCLAT Chairman Justice S J Mukhopadhaya retires
He delivered several landmark judgements during his tenure of nearly four years. He supervised and…
PTI
2018 was a big year for mergers and acquisitions in India. Here are the top deals
This year proved to be quite a robust one for mergers and acquisitions for Indian corporates. Bu…
Metal stocks are hot again!
Other stocks in this space that are posting gains today are Bhushan Steel, Jindal Saw and Hindalco.…
India’s finance minister touts the success of the country’s recently-implemented bankruptcy code — but it still requires significant improvement
In a post titled, “Two years of insolvency and Bankruptcy Code (IBC),” Jaitley said that as much…
Odisha offers exclusive Japanese industrial cluster & township
Union Steel Minister Dharmendra Pradhan who hails fromthe state said, "Japanese company Nippon and …
PTI
IBC led to recovery of just 10% of defaulted loans in non-
Speaking on a bill to further amend the Insolvency andBankruptcy Code to give protection to new own…
PTI
NCLAT defers hearing on JSW Steel's Bhushan Power buyout till Jan 31
New Delhi, Jan 23 () The National Company Law Appellate Tribunal (NCLAT) on Thursday adjourned till…
PTI
Steel workers' body SWFI opposes govt nod to sale of shares of PSUs in Neelachal Ispat
New Delhi, Jan 8 () Steel workers' body SWFI on Wednesday condemned the government's decision to di…
PTI
NCLAT directs ED to file final affidavit in BPSL assets attachment matter
The validity of the attachment could be examined by an adjudicating authority only under the PMLA, …