• Tag results for Bhushan Steel

India is the brightest spot for steel sector till 2019: Moody's

India’s steel sector consolidation will drive improvement in the industry’s capacity utilisation levels and mute the pressure on profitability, Moody's said.

published on : 11th September 2018

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

A bench comprising Justices A M Khanwilkar and D Y Chandrachud, however, stayed the operation of the Delhi High Court judgement and transferred to itself the plea Singal had filed in the SC. 

published on : 4th September 2018

Supreme court reserves order Bhushan Steel ex-promoter Neeraj Singal's case

Singh said this was a serious matter as Rs 2,368 crore of public loans have now disappeared through 146 shell companies and Rs100 crore in cash was deposited in his bank accounts.

published on : 31st August 2018

Tata Steel to operate out of the Sahibabad facility of Bhushan Steel 

Meanwhile, Sen said that at its Kalinganagar plant Tata Steel has already commenced that phase II of its expansion which would take the capacity of the unit from three million tonnes per annum.

published on : 30th August 2018

Government moves SC against bail for former Bhushan Steel promoter Neeraj Singhal

In an urgent mentioning seeking a stay on the bail order, Additional Solicitor General Tushar Mehta told the bench headed by Chief Justice Dipak Misra that 'We don’t want another Mallya.'

published on : 30th August 2018

Bhushan Steel ex-promoter's challenge to SFIO's arrest powers not frivolous: Delhi High Court

The court said it will pronounce its decision on Singal's interim application on August 29.

published on : 27th August 2018

SFIO arrests Bhushan steel Vice-Chairman Neeraj Singhal for siphoning Rs 2000 crore

Bhushan Steel is one of the 12 big cases that had been referred for insolvency resolution by banks.

published on : 9th August 2018

Date to bid for Bhushan Steel deferred by a week

Authorities have ringed in yet another date to complete the resolution process of debt-laden Bhushan Power & Steel Ltd.

published on : 7th August 2018

Bhushan Power rebid process violates NCLAT orders: Tata Steel

The committee of creditors (CoC) has asked the BPSL bidders, including Tata Steel and JSW Steel, to submit their final bids by tomorrow morning to acquire assets of the debt-ridden firm.

published on : 30th July 2018

National Company Law Appellate Tribunal directs banks to seal bids for Bhushan Steel

Vacating its earlier stay, the National Company Law Appellate Tribunal (NCLAT) on Friday allowed lenders of Bhushan Power & Steel to finalise a bid for the debt-ridden company. The next hearing will b

published on : 21st July 2018

Bhushan Steel appoints T V Narendran as chairman and non-executive additional director​

T V Narendran CEO and MD of Tata Steel, has more than 30 years of experience in metal and mining industry.

published on : 15th July 2018

Plea to stay Bhushan Steel resolution dismissed

The plea was after the NCLT directed Bhushan Power’s lenders, led by Punjab National Bank, to consider the bid submitted by Liberty House.

published on : 13th July 2018

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

NCLAT asked Tata Steel if it will clear the statutory dues like income tax and GST of Bhushan Steel, a company it had acquired in the insolvency proceedings earlier this month.

published on : 30th May 2018

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

Tata Steel, which won the bid for Bhushan Steel Ltd, completed the acquisition of controlling stake of 72.65 per cent in the debt-laden firm last week.

published on : 24th May 2018

SBI biggest beneficiary of Bhushan Steel sale to Tatas

The other banks which will get major share of the sales proceeds include Punjab National Bank (Rs 700 crore), Canara Bank (Rs 600 crore) and Bank of India (Rs 500 crore).

published on : 22nd May 2018
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