Company Overview and News

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Lenders get nod to finalise Bhushan bid

2018-07-21 freepressjournal.in
New Delhi : The National Company Law Appellate Tribunal (NCLAT) on Friday gave a go-ahead to the lenders’ meeting of debt-ridden Bhushan Power & Steel (BPSL), directing it to finalise a bid for the company.
500470 TTST TATASTEEL TATLY 500228 JSWSTEEL

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NCLAT tells lenders to finalise Bhushan Power bid

2018-07-20 livemint
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Friday gave a go-ahead to the lenders’ meeting of debt-ridden Bhushan Power & Steel, directing them to finalise a bid for the company. Vacating its earlier stay, the appellate tribunal has directed the committee of creditors (CoC) for the company to consider resolution plans submitted by three firms: Tata Steel, Liberty House and JSW Steel.
500470 TTST PNJZY 532461 TATASTEEL TATLY 500228 PNB JSWSTEEL

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Competition of a different kind: JSW Steel now has more #39;crorepati#39; execs than Tata Steel

2018-07-20 moneycontrol
Tata Steel and JSW Steel are not just competing to become India’s largest steelmaker. The two companies also seem to be in a race to have the highest number of crorepati executives.
500470 TTST TATASTEEL TATLY 500228 BHUSANSTL JSWSTEEL 500055

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Aion-JSW Steel to buy Monnet Ispat

2018-07-20 freepressjournal.in
MUMBAI : The National Company Law Tribunal (NCLT) on thursdya approved a Rs 2,875-crore bid by a consortium of Aion Investments-JSW Steel to acquire the bankrupt Monnet Ispat & Energy, JSW Steel said.
500228 JSWSTEEL

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NCLAT allows lenders to meet and finalise Bhushan Power bid

2018-07-20 moneycontrol
The National Company Law Appellate Tribunal (NCLAT) today gave a go-ahead to the lenders' meeting of debt-ridden Bhushan Power & Steel (BPSL), directing it to finalise a bid for the company. Vacating its earlier stay, the appellate tribunal has directed the committee of creditors (CoC) of the company to consider the resolution plans submitted by three firms -- Tata Steel, Liberty House and JSW Steel.
500470 TTST TATASTEEL TATLY 500228 JSWSTEEL

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AION-JSW bid for Monnet Ispat gets NCLT nod

2018-07-19 livemint
Mumbai: The National Company Law Tribunal (NCLT) has approved the bid of AION Capital-JSW Steel to acquire Monnet Ispat & Energy Ltd, providing major relief to the consortium.
500470 DB TTST TATASTEEL TATLY 500228 BHUSANSTL JSWSTEEL 500055 SBAZ

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NCLT approves Aion-JSW Steel plan for Monnet Ispat

2018-07-19 moneycontrol
The National Company Law Tribunal (NCLT) has given its approval for Monnet Ispat’s acquisition by the Aion Capital-JSW Steel consortium.
500228 JSWSTEEL

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JSW Steel Limited - Updates

2018-07-19 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.
500228 JSWSTEEL

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Pursuing growth opportunities, but with prudence: Sajjan Jindal

2018-07-19 moneycontrol
Even as JSW Steel embarks on an ambitious plan to expand capacity in India and overseas, it will adhere to conservative financial policies, said its top official.
500470 TTST TATASTEEL TATLY 500228 BHUSANSTL JSWSTEEL 500055

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JSW Steel to double Dolvi capacity to 10 mtpa by 2019

2018-07-18 moneycontrol
JSW Steel Ltd today said its domestic expansion was well on track at its Dolvi unit in Maharashtra, which would double capacity to 10 million tonnes per annum at an estimated cost of Rs 15,000 crore by the end of 2019.
500228 JSWSTEEL

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How Tata Steel is reversing its sunk cost fallacy

2018-07-18 moneycontrol
The world’s most astute investor and businessman Warren Buffett once admitted to losing a huge sum of money letting sunk cost fallacy (infusing more and more capital to salvage an original investment) play out by keeping alive the loss-making textile business of Berkshire Hathaway. He eventually rectified the mistake and gradually moved capital to more profitable and viable businesses.
BRK.A 500470 TTST TATASTEEL TATLY 500228 JSWSTEEL

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NCLAT stops Bhushan Power Steel lenders from voting on Tata Steel bid

2018-07-17 moneycontrol
The National Company Law Appellate Tribunal on Tuesday stopped the lenders of Bhushan Power & Steel from voting on the resolution plan submitted by Tata Steel.
500470 TTST TATASTEEL TATLY 500228 JSWSTEEL

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