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Committee of Creditors had approved the Rs 32,500 crore deal along with 12.27 per cent equity in the company offered by Tata Steel.

NCLAT declines to stay Bhushan Steel sale to Tata Steel

On May 15, NCLT had approved the resolution plan submitted by the RP of Bhushan Steel.

21 May 2018 12:27 PM IST

Reduction of NPAs in individual PSBs range from about Rs 500 crore to over Rs 10,000 crore.

Bhushan Steel's buyout to reduce PSB NPAs by Rs 35,000 cr

Bhushan Steel was among the 12 stressed assets the Reserve Bank of India had referred to NCLT proceedings last year.

21 May 2018 10:45 AM IST

Tata Steel is countrys major steel producer.

Tata Steel completes USD 5.2 bn purchase of Bhushan Steel

As part of the deal, a unit of Tata Steel is paying 352.33 billion rupees to Bhushan Steel's creditor banks.

19 May 2018 10:20 AM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Banks can increase lending now:Piyush Goyal

This has been recognised by International Credit Rating Agencies as well.

19 May 2018 1:57 AM IST

Tata Steel is countrys major steel producer.

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

Bhushan Steel owed its lenders about Rs 56,000 crore and was among the 12 big loan defaulters identified by the Reserve...

30 May 2018 1:58 PM IST

In the 150th year of its existence, Tata group is creating new milestones one after the other.

Market capitalisation of Tata group crosses Rs 10 lakh crore

On April 23, TCS entered the coveted USD 100 billion market cap club.

28 May 2018 1:15 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

NCLT approves Tata Steel bid for Bhushan Steel

CoC had approved Rs 32,500 crore deal along with 12.27 per cent equity in Bhushan Steel offered by Tata Steel.

15 May 2018 12:07 PM IST

Tata Steel is countrys major steel producer.

Tata Steel wins bid for Bhushan Steel

Tata Steel has accepted the letter of intent for BSL under corporate insolvency resolution process of the IBC.

23 March 2018 11:23 AM IST

Tata Steel is countrys major steel producer.

Consider objections to Tata Steel bids: NCLT to Bhushan Steel...

NCLT refused, stating that it is not inclined to accept' Tata Steel's objection at this stage.

19 March 2018 1:33 PM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

PNB expects Rs 8,000 crore recovery from NPAs this month

The bank, with its focus on recovery of dues from defaulters, has managed to surpass the total amount recovered in the...

10 Jun 2018 7:41 PM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Bhushan Steel reclassifies promoters after takeover by Tata Steel

Bamnipal Steel had completed the acquisition of a controlling stake in Bhushan Steel Ltd last month.

26 Jun 2018 4:08 PM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Bhushan Steel appoints 2 additional directors on board

The entire BSL management was changed last month after Tata Steel took control of the company.

8 Jun 2018 5:45 PM IST