Bhushan Steel Sale News

Industry

Bhushan Steel: NCLAT to hear plea against Tata’s takeover

NCLT's principal bench on 15 May had approved Tata Steel's resolution plan for debt-ridden Bhushan Steel under the Insolvency and Bankruptcy Code (IBC)

1 min read17 May 2018
Industry

NCLT asks Bhushan Steel creditors to consider Liberty House bid

NCLT says Liberty House's bid for Bhushan Steel cannot be disqualified only on the ground of being submitted after the deadline

1 min read24 Apr 2018
Companies

Bhushan 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 2018
Industry

Fraud-hit PNB is said to bank on Bhushan Steel sale for capital boost

Punjab National Bank (PNB) has set aside more than the mandated money as provisions on its Rs4,900 crore exposure to Bhushan Steel's delinquent account, much of which will be clawed back

1 min read22 Feb 2018

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