Don’t miss the latest developments in business and finance.

Bhushan Steel Resolution

Bhushan Power lenders accept JSW Steel plan, look to close deal by March 31

25 financial creditors would be realising 41% from the Rs 19,350 cr deal on claims of Rs 47,158 cr

Updated On: 06 Mar 2021 | 3:37 AM IST

Bhushan Steel resolution effect: PNB sees Rs 7.35 bn boost in profits

After the buyout, PNB and other lenders will continue to own 12 per cent in the acquired entity, giving them the opportunity to cash out later when valuation of the company goes up

Updated On: 21 May 2018 | 12:51 AM IST