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Total 472 results found. Search for [ Bhushan Steel ]

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Dipak Mondal
October 17, 2019
The NCLAT in its order has said that the ED has no jurisdiction to attach the property of a corporate debtor especially when an appeal is pending against such an attachment.


BusinessToday.In
New Delhi, October 16, 2019
Pandey says it's not fair to say that GST is responsible for the current economic slowdown; contraction in imports and the failure of some sectors to perform well led to a drop in GST collection, he adds


PTI
October 13, 2019
Bullish on India's growth story particularly after a series of stimulus measures announced by Finance Minister Nirmala Sitaraman, Ruia said the Essar group will start the investment cycle after its deleveraging exercise is completed


PTI
October 12, 2019



Dipak Mondal
New Delhi, October 12, 2019
The attachment order came after two banks - Punjab National Bank and  Allahabad Bank - had earlier accused the ex-promoters and directors of Bhushan Power and Steel of fraudulently availing loans worth over Rs 5,500 crore.


Rajeev Dubey
New Delhi, September 17, 2019
New laws such as RERA, IBC and GST have given Pallavi Shroff some of her biggest victories


Dipak Mondal
September 16, 2019
The investigation by SFIO revealed that ex-promoters of Bhushan Steel - Brij Bhushan Singal and Neeraj Singal - used a web of 155 companies, which were directly or indirectly controlled by the Singals, to siphon off money from Bhushan Steel and Bhushan Energy


Dipak Mondal
September 13, 2019
The SFIO probe suggests that due to promoters siphoning off funds, the company's financial health deteriorated and the company went into insolvency with outstanding liabilities of Rs 56,000 crore


Nevin John
September 6, 2019
JSW Steel has invested Rs 17,000 crore in the last two financial years for expanding its steel production capacity organically


BusinessToday.In
September 5, 2019
The NCLT also clarified that the criminal cases against the founders of BPSL for siphoning off funds from the company would not affect JSW Steel as its new promoter


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


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