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Friday, April 10, 2026
TopicBhushan Power and Steel

Topic: Bhushan Power and Steel

Court blocks JSW Steel’s $2.8 billion buyout of Bhushan Power

The Enforcement Directorate has taken over the assets of Bhushan Power as it investigates allegations of money laundering by its former owners.

JSW Steel pockets second major stressed asset as NCLT approves bid for Bhushan Power

JSW beat out rivals Tata Steel Ltd. & Liberty House Group with a bid of about Rs 19,700 crore, and now adds 3.5 million tons a year of capacity to its operations.

‘Need a stadium, not a courtroom’ — 70,000 page Bhushan Steel chargesheet names 284

Bhushan Power and Steel had defaulted on a Rs 47,700-crore loan in 2017. Last week, PNB alleged it had also committed a Rs 3,815 crore scam.

On Camera

Tamil Nadu’s elections are fought on delivery—ideology appears only when needed

Electoral competition now appears dominated by welfare delivery and governance metrics, but ideology has not disappeared in Tamil Nadu. Instead, it has become strategic.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

How Indian Army has tweaked its war game strategy as enemy lines on nuclear, conventional deterrence blur

Chief of Defence Staff Gen Anil Chauhan says India’s nuclear capability will not be considered a separate domain, but part of cognitive war in multi domain operations.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.