JSW Steel most likely winner for Bhushan Power

CoC may wait till October 22 when Tata Steel’s plea challenging re-bids will come up for hearing before NCLT.

JSW Steel most likely winner for Bhushan Power

After facing stiff challenge from rival bidders, JSW Steel may finally emerge victorious in the battle for control of Bhushan Power & Steel (BPSL). Debt-ridden BPSL is facing insolvency proceedings for the past 15 month

India’s IL&FS Built a Road to Riches for Some

India’s IL&FS Built a Road to Riches for Some

It was buried in plain sight, in footnote No. 8 on page 28 of an IPO prospectus. But nobody in September 2009 was paying attention to that particular disclosure. And certainly not with any misgivings: Six months later, IL&FS Transportation Networks Ltd

India’s CESC hits 3-wk high on non-power business demerger

India’s CESC hits 3-wk high on non-power business demerger

Electric utility company CESC Ltd’s shares rise as much as 5.3 pct to 948.35 rupees, their highest since Sept 24. Co said here on Friday that after NCLT nod, it has decided to demerge non-power investments into two entities – new retail and venture companies

A K Rath takes charge as CEO of SAIL’s Bhial Steel Plant

An explosion took place at the state-owned steel maker Steel Authority of India Limited's Bhilai plant in Durg district of Chhattisgarh Tuesday

A K Rath takes charge as CEO of SAIL’s Bhial Steel Plant

Arun Kumar Rath, CEO of SAIL’s Durgapur Steel Plant, on Thursday took charge as the new CEO of Bhilai Steel plant, two days after a major fire accident at the SAIL unit which has so far claimed 13 lives.

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