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Why Brickwork Ratings has been removed as a rating agencies: - It didn't mark Bhushan Steel as "D" even after they defaulted - Same with Gayathri Projects - Delayed default recognition in Essel/Zee, GE Energy, Diamond Pwr
Excellent development on insolvency law with the Hon’ble SC holding that ex promoters cannot hold stake in insolvent firms. Case in sight- Bhushan steel. This will pave way for clean handover and drive greater incentive for new mgts
Merging subsidiaries into @TataSteelLtd was the next logical step after the integration of Bhushan Steel, CFO Koushik Chatterjee tells @Nigel__DSouza @_soniashenoy @_anujsinghal @_prashantnair in this Exclusive conversation:
Apart from being the most successful cases under the IBC, #BhushanSteel and #EssarSteel are among the best steel assets in India, reports @ishitaadutt. In the #IBC landscape, Bhushan Steel has been an outlier. Read to know how. #Companies #insolvency
NCLAT dismisses Neeraj Singal's plea against sale of Bhushan Steel's shares to Tata Steel. Take a look @abhhimanyus @TataSteelLtd @TataCompanies #NCLT #NeerajSingal #plea #StocksToWatch #BhushanSteel
Enforcement Directorate (ED) says it has provisionally attached assets worth Rs 61.38 crores in its ongoing investigations regarding siphoning of public funds from Bhushan Steel Limited (BSL), Bhushan Energy Limited (BEL) and others
[email protected]_ed has reportedly attached Rs 61.38 crore worth of assets of Bhushan Steel Limited, BEL and a few others in a probe under the Prevention of Money Laundering Act, 2002. Read more at #BhushanSteel #PMLA
Enforcement Directorate has attached assets worth Rs 61.38 crores of erstwhile promoters of Bhushan Steel Limited (BSL) in connection with a money laundering probe, the agency said.
ED has provisionally attached immovable properties worth Rs.61.38 Crore of associate entities under the control of erstwhile promoters of Bhushan Steel Limited (BSL), under PMLA, 2002 in its ongoing investigations regarding siphoning of huge public funds from BSL, BEL and others.
Tata Steel says the composite scheme of amalgamation of Bamnipal Steel & Tata Steel BSL (formerly Bhushan Steel) into & with Tata Steel has been APPROVED by the #NCLT
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