Bhushan Steel

The Supreme Court of India approved on Friday the $2.3-billion takeover by steel giant JSW Steel of Bhushan Power and Steel.

Supreme Court approves JSW Steel’s takeover of Bhushan Power and Steel

Supreme Court clears JSW Steel’s $2.3 billion takeover of Bhushan Power and Steel, reversing earlier rejection and dismissing lenders’ plea.

Updated: September 26, 2025 11:41 IST

Jindal Steel International, Naveen Jindal Group, industry, DRI project, steel

DGTR calls for 12% safeguard duty on select steel imports for 3 years amid industry pushback

DGTR has confirmed a 12% safeguard duty on select steel imports for three years. Covering hot rolled and coated steels,…

August 17, 2025 21:55 IST

JSW steel, Bhushan Power & Steel, National Company Law Tribunal, NCLT, supreme court

Insolvency experts caution against regime change at Bhushan Power & Steel

Ahead of the August 7 SC hearing, insolvency experts warn against disrupting JSW Steel’s management of Bhushan Power & Steel.…

August 3, 2025 18:51 IST

JSW, BPSL, Insolvency and Bankruptcy Code, IBC, Bhushan Power and Steel Limited, BPSL

JSW-BPSL saga: Let it be or let it go

Beyond legal infirmities, Supreme Court’s recent order raises systemic concerns. The finality and predictability of resolution process will be severely…

July 19, 2025 01:00 IST

Supreme Court Order on BPSL Opens Door for ED to Re-attach Assets, Continue Probe. (Image Source: facebook)

ED can restart Bhushan Power and Steel probe, attach assets: legal experts

Following the Supreme Court’s order to liquidate Bhushan Power and Steel (BPSL) due to serious violations in JSW Steel’s resolution…

July 7, 2025 21:26 IST

JSW Steel, Supreme Court, liquidation, Bhushan Power and Steel, status quo, Liquidation Proceedings, NCLT

Big relief for JSW Steel: Supreme Court orders status quo on liquidation of Bhushan Power

The Supreme Court directed for status quo on NCLT proceedings on liquidation of Bhushan Power and Steel Ltd (BPSL).

Updated: May 26, 2025 13:52 IST

JSW, industry, Committee of Creditors, CoC, National Company Law Apellate Tribunal, NCLAT

Govt reviewing order on Bhushan Power by SC

Govt, lenders review Supreme Court order rejecting JSW Steel’s Rs 19,350 crore BPSL resolution plan. SC cites violations of IBC,…

Updated: May 5, 2025 23:42 IST

Insolvency and Bankruptcy Code, IBC, JSW steel, Bhushan Steel and Power,

Bankers in a bind as SC junks JSW resolution for Bhushan

SC strikes down JSW Steel’s resolution plan for Bhushan Power, triggering concerns among banks over Rs 16,900 crore in recovered…

May 2, 2025 22:49 IST

NCLAT dismisses appeal by former promoters of Bhushan Steel

Tata Steel on September 12, 2018 filed an application before the NCLT seeking direction to the Singals to transfer the…

March 8, 2022 06:30 IST

It will also have a diversified regional footprint with ~13mtpa capacity in south, ~10mtpa in west and ~4mtpa in east of the country.

JSW Steel rating – Buy: BPSL deal to have minimal impact on earnings

But BPSL acquisition will up net debt by ~9%; deal provides firm footprint in eastern India; ‘Buy’ rating retained with…

April 3, 2021 03:00 IST

Bhushan Steel Q4 net loss widens to Rs 670.47 cr

Debt-laden Bhushan Steel today reported widening of its standalone net loss to Rs 670.47 crore for the quarter ended March…

May 30, 2016 23:02 IST

Stocks in focus today: HCL Tech, Bhushan Steel, VA Tech Wabag and more

VA Tech Wabag stocks will be in focus as Malaysia’s national oil and gas company Petronas (Petroliam Nasional Berhad) has…

Updated: September 8, 2015 16:57 IST

Lenders nod to Bhushan Steel for Rs 30 K crore loan restructuring

Bhushan Steel Ltd (BSL) has received lenders’ approval for long-term restructuring of about Rs 30,000 crore loans under a scheme…

July 9, 2015 13:39 IST

Bhushan Steel shares surge 20 per cent on lender’s nod for Rs 30,000 crore debt recast

Shares of Bhushan Steel today surged 20 per cent up to its daily upper limit after the indebted received nod…

Updated: July 9, 2015 13:24 IST

Bhushan Power gets lifeline, debt recast under 5/25 scheme

Bhushan Power & Steel (BPSL) will find it easier to service its loans now that bankers have approved a refinancing…

June 6, 2015 00:56 IST

JSPL, Jindal Steel, Jindal Steel and Power, JSPL Q2 results

Bankers give Bhushan Power & Steel Rs 5,000 cr more

Lenders to Kolkata-based Bhushan Power & Steel (BPSL) have given the company additional loans of close to Rs 5,000 crore…

April 20, 2015 00:53 IST

Bhushan Steel gains most in over 4 years on Fema relief

The troubled steelmaker Bhushan Steel’s shares gained the most in nearly 4-and-a-half years on a Bloomberg report which said that…

Updated: March 4, 2015 05:19 IST

Bhushan Steel promoters among 260 Sebi-barred entities

In fresh troubles for crisis-hit Bhushan Steel, four members of its promoter family, including chairman as well as managing director…

December 23, 2014 11:22 IST

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Mumbai set to become $1.5 trillion urban economy by 2047; MMRDA reveals masterplan

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