Search result for 'bpsl'

JFE to invest Rs 15,750 cr for 50% stake in JSW Steel-led BPSL steel business. Deal values enterprise at Rs 53,000 crore.

JFE Steel to invest Rs 15,750 crore in a JV with JSW Steel's BPSL. The JV will include BPSL's integrated steel plant in Odisha.

JSW Steel's Q2 FY26 profit jumps to Rs 1,646 crore. Sales rise 14%. BPSL acquisition impact. US & Italy operations update.

JSW Cement commissions 1 MTPA grinding unit in Sambalpur, Odisha via Shiva Cement. Expands capacity, targets Eastern region growth.

Moody's upgrades JSW Steel's outlook to positive from stable, citing expansion and financial discipline. Details inside.

SC upholds JSW Steel's resolution plan for Bhushan Power & Steel. A landmark judgment reinforcing IBC integrity. Details here.

JSW Steel's expansion plan remains on track despite the Supreme Court's decision on BPSL acquisition. The company plans to reach 50 million tonnes capacity by 2030-31.

JSW Steel filed a review petition in the Supreme Court challenging the rejection of its resolution plan for debt-ridden Bhushan Power & Steel, citing violation of IBC.

Parliamentary panel highlights ambiguities in the Insolvency and Bankruptcy Code (IBC), prompting potential amendments. Supreme Court's JSW Steel-Bhushan Power case sparks debate on IBC efficacy.

JSW Steel shares surged over 2% after the Supreme Court ordered status quo on Bhushan Steel & Power Ltd liquidation, postponing a potential setback for JSW.

JSW Steel is exploring legal options after the Supreme Court rejected its resolution plan for Bhushan Steel and Power Ltd, ordering liquidation. The company claims it followed the Insolvency and...

JSW Steel's net profit for the March 2025 quarter jumped 13.54% to Rs 1,501 crore, driven by reduced expenses. The company also announced plans to raise capital through various debt and equity...

The NCLT adjourned the hearing on Bhushan Power & Steel's promoter plea for a month to June 26. The hearing concerns the implementation of the Supreme Court's order to liquidate the debt-ridden...

Supreme Court ruling against JSW Steel's BPSL takeover plan will negatively impact the company's financials, causing revenue and production losses.

JSW Steel's plans to optimize costs in Odisha are disrupted by the Supreme Court's decision to liquidate Bhushan Steel. The ruling throws uncertainty over the future of the Odisha plant and JSW's...

India's Department of Financial Services is reviewing the Supreme Court order to liquidate Bhushan Power & Steel (BPSL). The government will soon decide on the next steps, including potential appeals.

JSW Steel may face challenges in meeting its expansion target after the Supreme Court rejected its resolution plan for Bhushan Steel and Power Ltd (BPSL), say analysts.

JSW Steel's net profit in Q2 FY25 plummeted 85.43% to Rs 404 crore, impacted by lower income, while crude steel production rose 7% to 6.77 MT. The company's net debt increased due to expansion...

JSW Steel's net profit for the December quarter jumped five-fold to Rs 2,450 crore, driven by strong domestic demand and improved capacity utilization.