Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Search

Total 422 results found. Search for [ Bhushan Steel ]

Results 1 to 21 of 422
PTI
August 18, 2019
Besides Ratul and the company, his father and Managing Director Deepak Puri, Directors Nita Puri, Sanjay Jain and Vineet Sharma have also been booked by the CBI for alleged criminal conspiracy, cheating, forgery and corruption.


PTI
July 29, 2019



PTI
July 29, 2019
Under the IBC, loan defaulting companies are auctioned and successful bidder, called resolution applicant, takeover such firms after paying off an amount they had bid


Dipak Mondal
New Delhi, July 23, 2019
As more skeletons tumble out of Bhushan Power and Steels closet, it has put the ongoing insolvency process in danger


BusinessToday.In
New Delhi, July 20, 2019
Improving fraud risk management and deepening digital payments were some of the other key issues discussed in the pre-policy meeting on Friday.


BusinessToday.In
July 18, 2019
Market erased gains of last two sessions on Thursday with the Indian equity benchmarks, BSE Sensex and NSE Nifty, falling over 0.75% each. Sensex gave up 38,000 and Nifty was back below 11,600 level by the closing bell.


BusinessToday.In
July 18, 2019
Market erased gains of last two sessions on Thursday with the Indian equity benchmarks, BSE Sensex and NSE Nifty, falling over 0.75% each. Sensex gave up 38,000 and Nifty was back below 11,600 level by the closing bell.BSE S&P Sensex ended the day at 38,897, down 318 points and NSE Nifty50 closed lower by 90 points down at 11,596.  \"Global central banks including RBI are cutting their rates to support the economy, however markets are not yet convinced given the weak dema...


BusinessToday.In
New Delhi, July 18, 2019
Allahabad Bank hit by fraud of Rs 688 crore by SEL ManufacturingState-owned Allahabad Bank said it has been hit by a fraud of Rs 688.27 crore by SEL Manufacturing and the matter is before the National Company Law Tribunal.Last week, the Kolkata-headquartered lender had disclosed to the RBI about a fraud of Rs 1,774.82 crore by Bhushan Steel and Power Ltd., alleging diversion of funds from banking system by the company.Bill Gates no longer 2nd richest person in world; Jeff Bezos rema...


PTI
Kolkata, July 18, 2019
Last week, the Kolkata-headquartered lender had disclosed to the RBI about a fraud of Rs 1,774.82 crore by Bhushan Steel and Power


Reuters
Bengaluru, July 17, 2019
Earlier this month, Punjab National Bank said it had reported a borrowing fraud of Rs 3,805 crore in Bhushan Power's account to the Reserve Bank of India


BusinessToday.In
New Delhi, July 16, 2019
Most companies do not provide insurance cover to unmarried or live-in partners of heterosexual employees as the legal status and rights of unmarried couples are yet to be clearly defined in the Indian system.


BusinessToday.In
July 15, 2019
Shares of Allahabad Bank declined nearly 15% on Monday after the lender reported a fraud of over Rs 1,775 crore by Bhushan Power and became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker.


Reuters
New Delhi, July 14, 2019
The company said it was \"undergoing substantial financial stress\" and its ability to raise funds was \"substantially impaired and the business has been brought to a standstill with there being minimal/virtually no disbursements.\"


Reuters
New Delhi, July 14, 2019
Allahabad Bank said in a statement that it had told the Reserve Bank of India (RBI) that it had identified a fraud worth $259 million in Bhushan's accounts.


Munish Pandey
New Delhi, July 11, 2019
Bhushan Steel case: Assuming one lawyer per accused, the total strength will cross over 570 plus which is almost impossible to accommodate in one court room, said the lawyer. The chargesheet is also 70,000-page long.


PTI
Mumbai, July 11, 2019
While approving ArcelorMittal's Rs 42,000-crore bid for the bankrupt flagship company of the Ruias-led Essar Group, the NCLAT had last Thursday gave operational creditors equal status as the secured lenders


BusinessToday.In
July 9, 2019
On Saturday, Punjab National Bank alleged that the bankrupt steel company misappropriated bank funds and manipulated its books of accounts to raise funds from its consortium of lenders. The size of the fraud is pegged at Rs 3,805 crore against Rs 2,348 crore mentioned in the CBI FIR against the company and its top brass.


BusinessToday.In
July 8, 2019
Punjab National Bank share price slipped over 5% in trade today after the bank was hit with yet another fraud worth Rs 3,805.15 crore by Bhushan Power & Steel Ltd (BPSL), just over a year after a major fraud worth Rs 13,700 crore involving diamantaire Nirav Modi.


BusinessToday.In
New Delhi, July 7, 2019
PNB Fraud: The bank fraud includes domestic exposure of Rs 3,191.51 crore at the PNB's Chandigarh branch, overseas exposure of Rs 345.74 crore at its Dubai branch and Rs 267.9-crore exposure at its Hong Kong branch


PTI
July 7, 2019
Public sector lender Punjab National Bank said on July 6 it has detected a fraud of more than Rs 3,800 crore by Bhushan Power & Steel Ltd (BPSL) and has reported it to the Reserve Bank of India (RBI).


PAGES 1 OF 22  12345