Latest News on Bhushan Steel
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Bhushan Steel - Total results - 100
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.
Dec 03, 2018
Steel companies may go for expansion through brownfield route for next two decades: AnalystsDomestic steel demand touched 91 million tonne (mt) in fiscal 2018, making the country the third largest consumer of the alloy in the world. In FY18, domestic demand grew by 8 percent, while globally it grew by 5 percent.
Nov 05, 2018
Silver linings lurk in Diwali mood for India's economy if we look beyond Chinese imports, wavering investments and bad loansSmartphones, the most visible symbol of "Digital India's" ambitious expansion, are increasingly Chinese.
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 05, 2018
SC expresses disapproval over manner in which Delhi HC granted bail to ex-promoter Neeraj SingalSupreme Court, while providing relief to the former Bhushan Steel promoter Neeraj Singal, expressed 'disapproval' over the manner in which Singal was granted bail by the Delhi High Court.
Aug 30, 2018
Tata Steel to operate out of Sahibabad facility of Bhushan Steel, says doesn't want to retain debt-laden firm's Delhi officeTata Steel Ltd had won the bid to acquire debt-laden Bhushan Steel in an insolvency auction
Aug 29, 2018
Delhi High Court grants bail to Bhushan Steel ex-promoter Neeraj Singal; was arrested for $20 billion fraudThe Delhi High Court on Wednesday granted interim relief to Bhushan Steel's erstwhile promoter Neeraj Singal, arrested by the SFIO for allegedly siphoning off Rs 20 billion funds, by directing his release on bail
Aug 22, 2018
NPA crisis: Finance ministry asks public sector bank CEOs to check frauds in bad loans or face penal actionThis missive comes in the light of the arrest of Bhushan Steel's erstwhile promoter Neeraj Singal by the Serious Fraud Investigation Office (SFIO) for allegedly siphoning off funds.
Aug 21, 2018
Daily Bulletin: Rehab and rebuilding Kerala after floods begins, Dabholkar, Lankesh murders connected, Asian Games 2018; day's top storiesDaily Bulletin: Kerala floods and rehabilitation, RBI circular case, Asian Games 2018; here are the top stories to be followed today
Aug 14, 2018
Tata Steel Q1 net profit doubles to Rs 1,934 cr on strong demand, higher prices in domestic marketTata Steel saw strong growth in all verticals with the automotive segment contributing 19 percent of sales and the strong demand in HCV segment is expected to continue.