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JSW Steel Joint MD and CEO Jayant Acharya said that the company has filed a review in Supreme Court for BPSL case and believes there is a strong ground for the same.
India's top court on Monday halted the liquidation proceedings of Bhushan Power and Steel (BPSL), weeks after it rejected JSW Steel's $2.3 billion deal to acquire the firm.
JSW Steel seeks Supreme Court review of rejected resolution plan for Bhushan Power and Steel, leading to liquidation.
Mumbai:JSW Steel Ltd expects to be compensated adequately if Bhushan Power & Steel Ltd (BPSL) goes into liquidation after the Supreme Courtscrapped its resolution plan for the bankrupt company ...
JSW Steel may be forced to write off its ₹19,700 crore investment in Bhushan Power & Steel Ltd (BPSL), after the Supreme Court declared the 2021 acquisition illegal and ordered the company into ...
The Odisha-based BPSL plant, with a capacity of 4.5 million tonnes per annum (MTPA), is a key part of JSW Steel’s domestic operations, which total 34.2 MTPA, the highest in India.
JSW Steel’s existing assets in Odisha include two cement plants, a power plant, a 300-km slurry pipeline and a port terminal at Paradip.
The Supreme Court directed for status quo on NCLT proceedings on liquidation of Bhushan Power and Steel Ltd (BPSL).
JSW Steel's ambitious acquisition of Bhushan Power and Steel faces legal challenges, jeopardising the company’s expansion plans in East India as well as thousands of jobs.
BPSL’s Odisha plant, with a capacity of 4.5 million tonnes per annum, remains a key contributor to JSW Steel’s overall steel-making capacity of 34.2 million tonnes.
JSW Steel may face challenges in meeting expansion target after SC order on BPSL: Analysts The Supreme Court on May 2, set aside a resolution plan submitted by JSW Steel for Bhushan Steel and ...
Polish miner JSW's unit, JSW KOKS, said on Friday its coking plant Przyjazn is operating at reduced capacity following a blast that left six people injured.