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MUMBAI: government is weighing its legal options after the Supreme Court ordered the liquidation of Bhushan Power and Steel, rejecting JSW Steel's Rs 19,350-crore acquisition bid.Department of ...
NEW DELHI: The Supreme Court’s decision to revoke the resolution plan of Bhushan Power and Steel Ltd (BPSL) could burn a ₹22,000 crore hole in the consolidated turnover of JSW Steel.
On 2 May, the Supreme Court sent shockwaves through India’s insolvency ecosystem with a surprise ruling that overturned a resolution plan approved five years ago for Bhushan Power and Steel Ltd ...
The Supreme Court of India has overturned JSW Steel's Rs197bn ($2.35bn) bid to acquire Bhushan Power and Steel, an acquisition that was completed in 2021. The court ordered the liquidation of ...
With the Supreme Court rejecting the ₹19,350-crore Resolution Plan of JSW Steel for Bhushan Power and Steel Ltd (BPSL), banks are staring at a hit to their balance sheet. Bankers’ fear that if ...
Panchayat Season 4 teaser: Durgesh Kumar returns as Bhushan, also known as Banrakas, in the fourth season of Panchayat. The makers released a brand new teaser of the season as well, giving eager ...
The government has reviewed the Supreme Court’s (SC) recent judgment quashing JSW Steel’s ₹19,700 crore acquisition of Bhushan Power and Steel Ltd, said Department of Financial Services (DFS ...
MUMBAI, May 5 (Reuters) - The Indian government has discussed with banks a court order that scrapped JSW Steel's (JSTL.NS), opens new tab four-year-old buyout of Bhushan Power and Steel ...
Producer Bhushan Kumar talked candidly about the film's enormous success in a recent interview with ANI, attributing it primarily to the director's vision and confidence. When asked to whom he ...
Prolonged uncertainty awaits JSW Steel after Supreme Court rejects resolution plan for Bhushan Power
JSW Steel Ltd’s shares have lost 7% after the Supreme Court rejected its insolvency resolution plan for Bhushan Power & Steel Ltd (BPSL), citing gross violation of provisions of the Insolvency ...
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