The Inter-Ministerial Group on coal blocks on Saturday decided to recommend cancellation of two mines awarded to Bhushan Steel and SKS Ispat & Power, and forfeiture of bank guarantees for two other......
Twenty-four spent bombs and some rocket launchers were found beside a road in Jafrabad, Bijnore district, 90km from Ghaziabad in Uttar Pradesh, a senior police official said on Wednesday.Bijnore......
Of late, we have been hearing of rockets, missiles and shells (empty and live) being found abandoned in drains, ponds, even dustbins.In a country where such material is generally found in the......
Rocket shells numbering about 35 were found in metal scrap in three trucks that arrived at Bhushan Steel Factory in Ghaziabad, where a bomb exploded killing 10 people on September 30. However, none......
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta. Illustration: Dominic......
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most......
Faced with a threat of lenders monitoring its operations, Bhushan Steel has decided to raise equity up to $1 billion (around Rs 6,000 crore). "The board passed a resolution on Wednesday to raise......
Till he hit the headlines as co-accused in the alleged Syndicate Bank bribery scam, Neeraj Singal, Bhushan Steel’s vice-chairman and managing director, was raring to drive the company from......
A consortium of lenders headed by Punjab National Bank has decided to conduct a forensic audit of debt-laden steel maker, Bhushan Steel, and appoint three nominee directors on the company’s......