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Ms. Sitharaman said, "In 2018-19, a record amount was recovered, including those loans that were written off. This includes Rs. 99,996 crore recovered only from written off assets such as Bhushan Steel, Essar Steel, etc. | via @tragicosmicomic
Tata Steel is likely to prepay up to ₹4,700-crore loans taken for acquisitions of Bhushan Steel and Usha Martin as the metal maker aims at making these two companies’ debt free in the next two quarters.
Reports @EconomicTimes Tata Steel may repay 4700 cr of loans taken for bhushan steel and Usha Martin buyouts.
Awesome swing in metals….delivering significant movement across metal counters MTD performance of metals in TQ_Products #TataSteel 25% #SAIL 11% #JSWSTEEL 10% #TATA BHUSHAN STEEL 8% #VEDANTA 10%
The steel plants acquired via IBC process include #BhushanSteel, #EssarSteel, #ElectrosteelSteels, Monnet Ispat & Energy Ltd and Bhushan Power & Steel Abhijit Lele reports #SteelProducers #IBCRules #CRISIL
Three entities of #Tata Group re-entered the Indian Steel Association fold. In the apex committee meeting of the ISA, #TataSteel, Tata Steel BSL (formerly Bhushan Steel), and Tata Steel Long Products, have joined the association @AditiDivekar
Post acquisition, Jindal welcomes BPSL employees to JSW family @sajjanjindal #JSWSteel #Industry #SajjanJindal #investmentguruindia #Steel #BhushanSteel
JSW Steel acquires Bhushan Steel & Power Ltd for Rs 19,350 cr; wholly owned subsidiary Piombino Steel completes acquisition of 100% equity in BPSL
JSW Steel acquires Bhushan Steel & Power Ltd 19,350 cr; wholly owned subsidiary Piombino Steel completes acquisition of100% equity in BPSL
JS Steel acquires Bhushan Steel & Power Ltd 19,350 cr; wholly owned subsidiary Piombino Steel completes acquisition of100% equity in BPSL
#IBC #PSU #Banks to get Rs 19000 Cr this week as @jswsteel to close Bhushan Steel deal.
कौन बनेगा भूषण पावर का मालिक? किन बैंकों को डील से मिलेंगे पैसे? डील होगी पूरी या अड़चनें हैं बाकी? देखिए ये खास रिसर्च #BhushanSteel @AnilSinghvi_ @VarunDubey85
As @TataSteelLtd announces shareholder meeting for amalgamation of erstwhile Bhushan Steel, here's @deepakshenoy explainer from 2018: The Bhushan Steel Bankruptcy Saga: Tata Steel Takes Over With 99% Ownership, Eventually.
TATASTLBSL - Notice To (I) Secured Creditors And (Ii) Unsecured Creditors Of Tata Steel BSL Limited (Formerly Known As 'Bhushan Steel #Part1
Tata Steel shareholders on March 26,2021, to consider the Composite Scheme of Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) into and with Tata Steel.
TATASTLBSL - Convening Of A Meeting Of The Equity Shareholders Of Tata Steel BSL Limited (Formerly Known As 'Bhushan Steel Limited')
The SC has given bankruptcy code a shot in the arm & held in Bhushan Steel & Power Case that a successful resolution applicant gets immunity from prosecution. In conversation with @latha_venkatesh & @_soniashenoy, Bahram Vakil says he hopes IBC will start hearing cases from March
Travesty that Malya, who can pay the full amount needs to be jailed, but promoters of Bhushan steel, Videocon etc will get away by burdening us with nearly a lac crore of loans
Why PSU banks get low valuation! 0.5% recovery!! Indian Overseas Bank Recovers Just 0.5% Out of Rs17,821 Crore Written Off Debt from 66 Big Defaulters, Including Bhushan Steel, Lanco group, Frost International, ABG Shipyard, Rotomac and IVRCL
Trading Ideas: TATA Bhushan Steel Long Idea 📈 FREE trade-of-week via →