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IMG recommends cancellation of two coal blocks

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......

24 bombs, rocket launchers recovered in Bijnore

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......

An explosive pile of scrap

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......

More live shells found at Ghaziabad factory

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......

Bhushan Steel Case: Urgent Need For IBC Reforms

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......

Lenders want to oversee Bhushan Steel operations

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......

Bhushan Steel to raise Rs 6,000-crore equity

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......

Syndicate Bank fiasco: Bhushan Steel's chequered past

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......

Lenders want forensic audit of Bhushan Steel

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......

Bhushan Steel

News for Bhushan Steel

IMG recommends cancellation of two coal blocks

24 bombs, rocket launchers recovered in Bijnore

An explosive pile of scrap

More live shells found at Ghaziabad factory

Bhushan Steel Case: Urgent Need For IBC Reforms

Lenders want to oversee Bhushan Steel operations

Bhushan Steel to raise Rs 6,000-crore equity

Syndicate Bank fiasco: Bhushan Steel's chequered past

Lenders want forensic audit of Bhushan Steel

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