tata steel
Tata Steel to raise Rs 16,500 cr debt to fund Bhushan acquisition
Tata Steel said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan Steel Ltd.
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.
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.
Banks can increase lending now:Piyush Goyal
This has been recognised by International Credit Rating Agencies as well.
Tata Steel reports Q4 net profit at Rs 14,688 crore
The total expenses of the company stood at Rs 32,626.42 crore during the quarter.
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.
Tata Steel India posts highest ever output at 12.48 MT in FY18
It is mainly on the back of robust performance at Kalinganagar plant.
Tata Steel reports lower sales, production in March quarter
Tata Steel on Friday reported a 6.23 per cent decline in domestic sales at 3.01 million tonnes.
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.
Consider objections to Tata Steel bids: NCLT to Bhushan Steel creditors
NCLT refused, stating that it is ‘not inclined to accept’ Tata Steel's objection at this stage.