Wednesday, Aug 17, 2022 | Last Update : 04:12 PM IST

bhushan steel Page-2

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

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

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

Banks can increase lending now:Piyush Goyal

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

19 May 2018 1:57 AM

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

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NCLT asks Bhushan Steel CoC to consider Liberty House bid

NCLT has directed the committee of creditors (CoC) to complete its resolution proceedings by June 23.

23 Apr 2018 12:24 PM

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 Mar 2018 11:23 AM

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.

19 Mar 2018 1:33 PM

ArcelorMittal team visits Essar Steel, Bhushan Steel plants

ArcelorMittal is among top industry players, including Tata Steel, that have submitted bids to acquire the debt-ridden Essar Steel.

22 Nov 2017 3:37 PM

NCLT reserves order on SBI’s bankruptcy plea against Bhushan Steel

SBI is claiming to recover Rs 4,295 cr from Bhushan steel along with USD 490 million foreign currency loan.

19 Jul 2017 2:06 PM

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'Essar, Bhushan Steel among 12 defaulters on insolvency list'

RBI identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 cr of outstanding loans..

17 Jun 2017 12:31 PM

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