Latest News on Bamnipal Steel
Showing of 0 - 10 from 9 results
Bamnipal Steel - Total results - 9
Apr 26, 2019
Tata Steel's consolidated net profit nosedives over 84% to Rs 2,295 cr in Q4; announces merger of Bamnipal SteelTata Steel had booked a net income of Rs 14,688.02 crore in the corresponding quarter of the previous fiscal
Apr 09, 2019
Tata Steel subsidiary closes deal to acquire Usha Martin's steel business for around Rs 4,600 croreShares of Usha Martin fell over 7 percent on Tuesday on the back of reports that Tata Steel is to take over the company's Jamshedpur steel plant
Jan 10, 2019
Tata Steel BSL to raise Rs 24,000 cr from Tata Steel on private placement basisTata Steel last year acquired Tata Steel BSL Limited, formerly known as Bhushan Steel Limited, through its wholly-owned subsidiary Bamnipal Steel Ltd.
Oct 25, 2018
Tata Sponge to acquire steel business of Usha Martin for up to Rs 4,700 crore; deal likely to be completed in 9 monthsWith the acquisition, Tata Sponge Iron Limited (TSIL) will enter the steel business.
Sep 24, 2018
Tata Steel to acquire steel business of Usha Martin for up to Rs 4,700 cr; deal to be completed in 9 monthsUsha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India.
Jun 26, 2018
Bhushan Steel reclassifies its erstwhile promoters as public shareholders after takeover by Tata SteelBamnipal Steel Limited, a wholly-owned arm of Tata Steel Ltd, is the sole promoter of Bhushan Steel, holding 72.65 percent of the paid-up share capital of the company, the steel maker said in a filing to BSE.
May 22, 2018
SBI biggest beneficiary of Bhushan Steel sale to Tatas; lender's bottomline to go up by as much Rs 1,300 croreSBI will be the biggest beneficiary of resolution of debt-ridden Bhushan Steel as its bottomline will go up by as much Rs 1,300 crore.
May 19, 2018
Tata Steel’s Rs 35,200 cr Bhushan Steel deal: Why the first major IBC resolution is historic for ailing banks, investorsThis resolution gives a hope to the banking sector, neck-deep in bad loans, that recovery of money is actually possible relying on the IBC channel.
May 16, 2018
Tata Steel to acquire Bhushan Steel through its step-down subsidiary Bamnipal Steel after NCLT approvalThe principal bench of NCLT on Tuesday approved Rs 32,500-crore deal along with 12.27 per cent equity in Bhushan Steel offered by Tata Steel.