Lenders allowed JSW Steel to change the basic parameters of its bid for Bhushan Power and Steel after having previously declared Tata Steel as the highest bidder, says Tata Steel in NCLAT
2 min read23 Oct 2018Tata Steel CFO Koushik Chatterjee too has been appointed as non-executive additional director of Bhushan Steel
1 min read15 Jul 2018Tata Steel's modest concessions seen far below those sought by Thyssenkrupp's investors
2 min read3 Jul 2018Thyssenkrupp shareholders are pressuring management to improve the merger deal after a slump in profits at Tata Steel made it less attractive for the German firm
2 min read19 Jun 2018Elliott Management has asked Thyssenkrupp to negotiate a better deal, saying that Tata Steel's performance has deteriorated since the deal was first proposed
2 min read14 Jun 2018Elliott Management has asked Thyssenkrupp to negotiate a better deal with Tata Steel, a Bloomberg report has said
2 min read13 Jun 2018Tata Steel on Tuesday said it will raise Rs16,500 crore through debt instruments to fund Rs32,500 crore acquisition of Bhushan Steel Ltd
2 min read22 May 2018The NCLAT notice came in response to a petition filed by Bhushan Steel promoter Neeraj Singhal, but the appellate tribunal declined to stay sale of Bhushan Steel to Tata Steel
1 min read21 May 2018Tata Steel has completed acquisition of controlling stake of 72.65% in Bhushan Steel for around Rs36,400 crore after emerging as the winning bidder in an insolvency auction
1 min read21 May 2018Bamnipal Steel, a unit of Tata Steel Ltd, completed the acquisition of 72.65% in Bhushan Steel according to the debt resolution plan
2 min read18 May 2018The 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