Bhushan Power And Steel Bpsl
Business  /  Published 25.03.21

JSW closes in on Bhushan Power

West Wave Maritime & Allied Services Pvt Ltd, a promoter group entity belonging to Sajjan Jindal’s JSW Group, raised Rs 2,500 crore via non convertible debentures, tying up the last mile fun...
By Our Special Correspondent in Calcutta

Business  /  Published 08.03.21

JSW Steel set for top spot in capacity

Sajjan Jindal’s JSW is set to become the largest and most geographically diverse steel maker in India following the completion of the acquisition of Bhushan Power & Steel Ltd (BPSL). The co...
By Sambit Saha in Calcutta

Business  /  Published 06.03.21

Lenders to BPSL accept JSW offer

A consortium of lenders has agreed to close the bankruptcy process of beleaguered Bhushan Power & Steel Ltd by accepting a conditional proposal of JSW Steel. Lenders voted with 97 per cent majori...
By Our Special Correspondent in Calcutta

Business  /  Published 12.10.19

BPSL assets attached

The Enforcement Directorate on Saturday said it has attached assets worth over Rs 4,025 crore of Bhushan Power and Steel Limited (BPSL) in connection with its money laundering probe linked to an alleg...
By PTI in New Delhi

Business  /  Published 13.07.19

Bhushan Power and Steel fraud widens

After Punjab National Bank, state-run Allahabad Bank on Saturday reported a fraud of over Rs 1,774 crore by Bhushan Power and Steel (BPSL) to the Reserve Bank of India. Allahabad Bank in a regulatory ...
By PTI in New Delhi

Business  /  Published 18.01.20

Former BPSL boss’s assets attached

Assets worth over Rs 204 crore, including houses in Delhi and London, of former Bhushan Power and Steel Ltd (BPSL) CMD Sanjay Singal have been attached under the anti-money laundering law, the ED said...
By PTI in New Delhi


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