E-PaperBhushan Steel Bankruptcy News
NCLAT rejects Liberty House’s plea to halt Bhushan resolution
Two-judge bench directs lenders to proceed with resolution process for Bhushan Power and Steel
1 min read12 Jul 2018Tata Steel wins bid to acquire Bhushan Steel
Tata Steel has offered upfront cash of about Rs34,800 crore to the creditors of Bhushan Steel along with Rs1,200 crore to operational creditors
1 min read24 Mar 2018Bhushan Steel says SFIO questioned chairman Brij Bhushan Singal
Bhushan Steel says its chairman B.B. Singal appeared before SFIO on 8 March 2018, in compliance with the summon issued in this regard
1 min read9 Mar 2018Tata Steel emerges top bidder for Bhushan Steel acquisition
Tata Steel has offered close to Rs34,800 crore as upfront payment to banks and an additional Rs1,200 crore to operational creditors for the Bhushan Steel acquisition
1 min read7 Mar 2018Bhushan Steel’s net worth turns negative
Bhushan Steel, which reported Rs3,440.50 crore loss in 2016-17, under IndAS rules had a net worth of minus Rs1,484.20 crore as on 31 March 2017
2 min read7 Jul 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared