News

MUMBAI: government is weighing its legal options after the Supreme Court ordered the liquidation of Bhushan Power and Steel, rejecting JSW Steel's Rs 19,350-crore acquisition bid.Department of ...
The Supreme Court on Friday set aside a resolution plan submitted by JSW Steel for Bhushan Steel and Power Limited (BSPL), holding it illegal and in violation of the Insolvency and Bankruptcy Code ...
Sajjan Jindal–controlled JSW Steel, is likely to go for an appeal against the Supreme Court order after the latter rejected the steel major’s ₹19,350 crore bid to acquire Bhushan Power and ...
JSW Steel on Friday issued a clarification to the Indian stock exchanges, confirming the receipt of the Supreme Court of India’s order regarding its resolution plan for Bhushan Power and Steel ...
The Supreme Court, in a judgment, on Friday rejected the Resolution Plan submitted by JSW Steel for Bhushan Power and Steel Ltd (BPSL). The National Company Law Appellate Tribunal had previously ...
JSW Steel’s ambitious cost optimisation plans hit a roadblock as it will have to rework its strategy in Odisha after the Supreme Court order to liquidate Bhushan Steel and Power Ltd (BPSL ...
Stock Market Today: JSW Steel share price crashed over 7% on Friday as news reports suggested that Supreme Court has scrappedresolution plan for Bhushan Steel and Power According to a Friday ...
The Supreme Court’s verdict ordering the liquidation of Bhushan Power and Steel (BPSL) has reignited uncertainty over one of India’s largest insolvency resolutions, dragging the acquirer JSW ...
With the Supreme Court rejecting the ₹19,350-crore Resolution Plan of JSW Steel for Bhushan Power and Steel Ltd (BPSL), banks are staring at a hit to their balance sheet. Bankers’ fear that if ...
In key corporate development, a major setback for JSW Steel. The Supreme Court has rejected JSW Steel’s Resolution Plan for Bhushan Power and Steel. According to the Apex Court, The ...
JSW Steel may be forced to write off its ₹19,700 crore investment in Bhushan Power & Steel Ltd (BPSL), after the Supreme Court declared the 2021 acquisition illegal and ordered the company into ...
India’s top court Friday rejected JSW Steel Ltd.’s plan to buy a debt-burdened rival, more than four years after the steelmaker announced the acquisition. The Supreme Court said JSW’s plan ...