Bhushan Power & Steel among the first 12 companies referred by RBI to a bankruptcy court for a debt resolution process.
15 Jul 2019 8:35 AM
PNB has been defrauded of over USD 2 billion in a separate scam that came to light last year.
08 Jul 2019 8:45 AM
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
Tata Steel put in a bid of Rs 17,000 crore. Bhushan Power and Steel owes about Rs 45,000 crore to its lenders.
06 Aug 2018 12:54 PM
Vacating its earlier stay, the appellate tribunal has directed the CoC of the company to consider the resolution plans.
20 Jul 2018 12:41 PM