The Supreme Court has overturned the sale of Bhushan Steel and Power Ltd to JSW Steel due to legal violations, leaving creditors to decide on next steps. Punjab National Bank, a lead lender, is ...

Jharsuguda: Fear of loss of jobs among workers of a steel plant in Odisha’s Jharsuguda has been growing with every passing ...

Bhushan Steel, the Parliamentary Standing Committee on Finance — a department related standing committee — has convened two ...

Lenders to Bhushan Steel will meet in the next few days to discuss options after the Supreme Court overturned the sale to JSW Steel, potentially leading to liquidation.

The SC's rejection of JSW's takeover of BSPL raises concerns about the IBC's credibility and future resolutions ...

Last week, the Supreme Court had ordered for liquidation of Bhushan Power and Steel, as it pointed out various procedural lapses on the part of creditors, resolution professional and acquirer JSW Stee ...

Lenders to Bhushan Steel and Power Ltd (BSPL) will in next few days decide on options including seeking a review of the Supreme Court verdict to scrap sale of the company through insolvency process to ...