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Electricity bills of Delhi consumers to be hiked by 7-10% in May-Jun period
The electricity bills of power consumers in Delhi will be hiked by 7-10 per cent in the May-June period due to revision of ...
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Ex-Promoter Of Bhushan Power Moves NCLT To Enforce Supreme Court's Liquidation Order
Sanjay Singal, the former promoter of Bhushan Power and Steel Ltd (BPSL), has approached the National Company Law Tribunal ...
JSW Steel’s Odisha plans under cloud as SC strikes down takeover of BPSL
BHUBANESWAR: With the Supreme Court rejecting JSW Steel’s resolution plan for Bhushan Power and Steel Ltd (BPSL), the company ...
The Print on MSN2dOpinion
SC ruling on JSW-Bhushan steel is a case of clever lawyering. It’ll hurt investor confidence
Supreme Court verdict is unfortunate, given how few applicants come forward in insolvency cases of this scale—and part of the ...
The Print on MSN2dOpinion
Bhushan Steel-JSW saga exposes cracks in insolvency code. Where’s the finality?
If every resolution is subject to reversal years later, and every acquirer must factor in the risk of ED or other state ...
Analysis-Indian court's reversal of $2.3 billion deal casts shadow on bankruptcy law
A decision by India's Supreme Court to quash a $2.3-billion steel industry deal six years after an insolvency tribunal ...
Supreme Court ruling on BPSL to hit state’s industrial ecology: Protestors
JHARSUGUDA: In wake of the Supreme Court order for liquidation of JSW Bhushan Power & Steel Limited (BPSL), more than 3,000 ...
India's PNB targets record-low bad loan ratio on higher debt recoveries, CEO says
India's second-largest state-run lender by assets, aims to recover more soured loans this year, leading to a record-low gross ...
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 ...