Bhushan Power and Steel
Manufacturing
Supreme Court approves JSW Steel's takeover of Bhushan Power and Steel
The Supreme Court said on Friday that JSW Steel's $2.3 billion takeover of Bhushan Power and Steel (BPSL) could go ......
Manufacturing
JSW Steel files review petition before Supreme Court on Bhushan Power deal collapse
Indian steelmaker JSW Steel said on Wednesday it has filed a review petition before the country's top court, related......
Manufacturing
Supreme Court pauses liquidation of $2.3 bn JSW-Bhushan Power deal
India's top court on Monday halted the liquidation proceedings of Bhushan Power and Steel (BPSL), weeks after it ......
Manufacturing
JSW Steel yanks Bhushan Power out of long-drawn bankruptcy
After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......
Infrastructure
Lenders clear JSW Steel bid for bankrupt Bhushan Power
After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s...
Finance
PNB expects recoveries worth $1 bn in three months' time
State-owned Punjab National Bank (PNB) is expecting recoveries worth Rs 8,000 crore ($1.05 billion at current exchange rate) from...
Manufacturing
JSW Steel inches closer to acquiring another bankrupt firm
JSW Steel got one step closer to becoming the largest steel firm in the country as a bankruptcy appeals court ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the...
Finance
SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms
The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to...
General
Amazon eyes Future Retail stake; Bhushan Power lenders choose JSW's revised bid
US-based e-commerce giant Amazon is set to buy a stake of just under 10% in Kishore Biyani-led Future Retail Ltd, ......
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