The Supreme Court on Friday rejected JSW Steel's ₹19,700 crore resolution plan for Bhushan Power and Steel Ltd (BPSL), ...

Last week, the Supreme Court had ordered for liquidation of Bhushan Power and Steel, as it pointed out various procedural ...

Axis Securities reiterated 'Sell' on JSW Steel due to rich valuation of 8.7 times FY27E EV/Ebitda, which is a 20 per cent ...

The shares of JSW Steel Ltd declined more than 7% on Friday, as the Supreme Court named the resolution plan of Bhushan Power ...

The SC order declaring JSW's acquisition of Bhushan Private Limited illegal has led to concerns in the government on the ...

JSW Steel’s ambitious cost optimisation plans hit a roadblock as it will have to rework its strategy in Odisha after the Supreme Court order to liquidate Bhushan Steel and Power Ltd (BPSL ...

India’s top court Friday rejected JSW Steel Ltd.’s plan to buy a debt-burdened rival, more than four years after the ...

In a significant judgment, the Supreme Court on Friday (May 2) rejected the Resolution Plan submitted by JSW Steel for ...

The Supreme Court of India has overturned JSW Steel's Rs197bn ($2.35bn) bid to acquire Bhushan Power and Steel, an acquisition that was completed in 2021. The court ordered the liquidation of ...

With the Supreme Court rejecting the ₹19,350-crore Resolution Plan of JSW Steel for Bhushan Power and Steel Ltd (BPSL), banks are staring at a hit to their balance sheet. Bankers’ fear that if ...

Legal experts believe JSW Steel’s options are limited but say it could file a review petition challenging the order within 30 days from the date of judgement. (Reuters) The Department of ...

The RP failed to verify JSW Steel’s eligibility under Section 29A of the IBC, a provision that bars certain persons and their affiliates from submitting a resolution plan. Section 29A ...