Latest News on Bhushan Steel
Showing of 0 - 10 from 103 results
Bhushan Steel - Total results - 103
Apr 15, 2019
Financial, operational creditors recover nearly half of total claims worth over Rs 1.42 lakh crore in 88 insolvency casesThe Insolvency and Bankruptcy Code (IBC) seeks to provide market-determined resolution for stressed assets in a time-bound manner
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
Feb 20, 2019
Moody's upgrades Tata Steel's corporate family rating to Ba2 on sustained improvement in firm's credit profileThe stable outlook reflects Moody's expectation that Tata Steel's strong operating performance will translate into a sustained improvement in credit metrics.
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