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Total 412 results found. Search for [ Bhushan Steel ]

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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).


BusinessToday.In
July 2, 2019
The CBI has conducted this special drive against bank loan defaulters for an amount involving approximately Rs 640 crore. According to agency officials, 14 cases have been registered against the accused including various companies, their promoters/directors and bank officials.


PTI
New Delhi, June 28, 2019
ICICI Bank-Videocon case: The three deposed as part of a regular summon and their statement is being being recorded under the Prevention of Money Laundering Act (PMLA).


PTI
June 28, 2019



Nevin John
June 27, 2019
Cumulative operational losses of Tata Steel Europe stand at Rs 48,000 crore over 10 years against the group debt at Rs 95,000 crore


Nevin John
New Delhi, June 24, 2019
Of the 12 big cases, just three companies - Bhushan Steel, Monnet Ispat and Electrosteel Steels - have been sold so far and the court ordered liquidation of Lanco Infratech and ABG Shipyard


PTI
June 13, 2019
The European Commission, the executive arm of the 28-member European Union (EU), formally tabled its decision this week after ThyssenKrupp announced its decision to withdraw from the joint venture plans last month in anticipation of the EU ruling.


PTI
June 10, 2019



PTI
June 10, 2019



BusinessToday.In
June 10, 2019
Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.


PTI
Mumbai, June 9, 2019
The third largest lender had put Bhushan Power & Steel on sale in December 2018 but could not find a buyer


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