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Bhushan Power and Steel Ltd

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Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Finance

07 May, 2020

Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......

Premium
Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

Finance

31 December, 2019

Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of local companies ......

JSW Steel's purchase of Bhushan Power suspended, pending probe into ex-owners

Manufacturing

15 October, 2019

JSW Steel's purchase of Bhushan Power suspended, pending probe into ex-owners

In a setback for JSW Steel, a bankruptcy appeals tribunal has held back its payment of Rs 19,700 crore to ......

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

Manufacturing

05 February, 2019

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

An Indian appeals tribunal has ruled against Tata Steel Ltd’s effort to dismiss rival bids for Bhushan Power and Steel, ......