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PNB-led CoC to meet on JSW-Bhushan case in 2-3 days, says MD & CEO Ashok Chandra
Ashok Chandra, Managing Director and Chief Executive Officer, Punjab National Bank (PNB) said that the Bank will get clarity ...
Bhushan Steel lenders to take a call on course of action soon
Following the Supreme Court's rejection of JSW's acquisition of Bhushan Power & Steel due to irregularities, lenders, including Punjab National Bank, are set to decide on their next steps. PNB, having ...
Devdiscourse18h
Supreme Court Sets Aside BSPL's Sale to JSW Steel: Lenders Face Tough Decisions
The Supreme Court has overturned the sale of Bhushan Steel and Power Ltd to JSW Steel due to legal violations, leaving ...
BPSL Committee of Creditors to meet over the next few days to decide course of action on SC ruling
The Committee of Creditors (CoC) of Bhushan Power and Steel Ltd (BPSL) will meet in the next two to three days to finalise ...
NDTV Profit on MSN1d
NDTV Profit Pulse On May 6: Top 8 Stories At 8 P.M. Under 8 Minutes
On the equity markets front, US stocks saw a selloff on the eve of the Federal Reserve decision, and Indian benchmark indices ...
NDTV Profit on MSN1d
Q4 Results Live: BSE Profit Up Nearly Fivefold; Godrej Consumer Products Profit Below Estimates
Ebitda up 0.4% to Rs 759 crore versus Rs 756 crore (Estimate: Rs 739.02 crore) Margin at 21.1% versus 22.3% (Estimate: 20.4%) ...
SC ruling against BPSL's resolution plan likely have adverse bearings on JSW Steel financials
The Supreme Court's rejection of JSW Steel's BPSL takeover plan is anticipated to negatively impact JSW Steel's financials, potentially causing a 13% revenue decrease, according to CreditSights. The ...
Devdiscourse1d
Supreme Court Ruling Jolts JSW Steel's Eastern Ambitions
The Supreme Court's decision against JSW Steel's acquisition of Bhushan Power & Steel (BPSL) threatens JSW's financial stability and its competitiveness on India's mineral-rich east coast. The ruling ...