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Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

Tata Steel to match JSW bid for Bhushan Power

Tata Steel did not revise its bid in August and sought directions from the Supreme Court to quash re-bid for BPSL.

17 Oct 2018 9:21 AM IST

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

NCLAT allows lenders to meet and finalise Bhushan Power bid

Vacating its earlier stay, the appellate tribunal has directed the CoC of the company to consider the resolution plans.

20 July 2018 12:41 PM IST

Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)

Allahabad Bank reports USD 259 mn alleged fraud by Bhushan Power &...

Bhushan Power & Steel among the first 12 companies referred by RBI to a bankruptcy court for a debt resolution process.

15 July 2019 8:35 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB says detects 38-billion rupee fraud

PNB has been defrauded of over USD 2 billion in a separate scam that came to light last year.

8 July 2019 8:45 AM IST

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

NCLAT extends deadline for submission of revised bid for Bhushan Steel

Tata Steel put in a bid of Rs 17,000 crore. Bhushan Power and Steel owes about Rs 45,000 crore to its lenders.

6 Aug 2018 12:54 PM IST