November 25, 2020 4:44 am
In a statement on Tuesday, JSW said it has challenged the matter in High Court and it will come up for hearing on November 26.
February 18, 2020 4:07 am
The probe against Bhushan Power’s erstwhile promoters, however, will continue.
January 14, 2020 4:00 am
If the probe agencies wanted to continue pursuing Bhushan Power in their case of money laundering, they must explain the reasons for the same, the NCLAT said.
September 16, 2019 4:03 pm
"We allow the appellant to implead Union of India through Ministry of Corporate Affairs and Enforcement Directorate as respondent No 3 & 4. The UoI may address the matter on behalf of CBI and SFIO," said NCLAT.
September 16, 2019 10:41 am
Iron ore has had a volatile year. It surged in the first half, triggered by supply disruptions in Brazil and Australia, and plunged in August as output recovered and global growth slowed.
July 04, 2019 4:56 am
Expressing surprise on how the Punjab and Haryana High Court had intervened in the resolution process of BPSL, a bench led by Justice RF Nariman stayed the HC order that had asked the committee of creditors (CoC) and the NCLT to consider the objections raised by the former directors of the company before finalising any resolution plan.
June 22, 2019 6:59 am
Representations show that manufacturers like Tata-owned Tinplate Company of India (TCIL), O P Jindal group’s JSW Vallabh Tinplate Pvt (VTPL) and Parikh Group of Companies’s GPT Steel Industries (GPT) together have a capacity of 660,000 tonnes.
June 15, 2019 4:36 pm
Yeddyurappa alleged that the ruling JD(S)-Con did not consult the people of the state before making the deal with JSW Steel at Rs one lack per acre.
October 10, 2018 3:35 am
On October 4, the apex court gave both Numetal and ArcelorMittal a final chance to clear their “taint of disqualification” by clearing the dues to their respective creditors that they were associated within two weeks.
August 14, 2018 2:21 am
Both Tata Steel and JSW Steel on Monday declined to comment on whether they had submitted their revised bids or not till the time of going to the press.