Bhushan Steel lenders to take a call on course of action soon |...

Dununu.com Dununu

Patrocinados

Bhushan Steel lenders to take a call on course of action soon

RSS Feed Business

Posted

127

Following the Supreme Court's rejection of JSW's acquisition of Bhushan Power & Steel due to irregularities, lenders, including Punjab National Bank, are set to decide on their next steps. PNB, having received approximately Rs 3,000 crore from the BPSL transaction, reported a significant jump in net profit, driven by business growth and recoveries. The bank plans further expansion with new branches and staff recruitment.

Read Full Article

Please log in to like, share and comment!

84% of Gen Z use GenAI to interpret news: What it reveals about today’s learners

By 0 0

US tariff shock: Gujarat’s diamond hubs suffer as export orders dry; 1 lakh jobs gone

The US tariff hike on diamonds has led to nearly 100,000 job losses in Gujarat's Saurashtra...

By 0 9

Faissal claims Aamir asked for his signatory rights

Faissal Khan's recent interview has reignited the long-standing feud with his brother, Aamir...

By 0 9

PM Oli holding talks with Agriculture Minister to prevent fertilizer shortage

KATHMANDU: Prime Minister KP Sharma Oli is holding discussions today with Agriculture and...

By 0 14

TNPSC Group 2 registration 2025 closes tomorrow at tnpsc.gov.in: Check direct link to apply here

By 0 14