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Thursday, September 4, 2025
TopicJSW Steel

Topic: JSW Steel

SC ruling on JSW-Bhushan steel is a case of clever lawyering. It’ll hurt investor confidence

Supreme Court verdict is unfortunate, given how few applicants come forward in insolvency cases of this scale—and part of the legislative intention behind the IBC was to rescue businesses.

Why SC quashed JSW’s Rs 19,700 cr insolvency resolution plan for Bhushan Power & Steel

The 100-page ruling highlighted 'flagrant violations' of IBC by JSW in the insolvency process that commenced in 2017. Debt-laden steelmaker BPSL will now undergo liquidation.

Why Andhra govt suspended 3 IPS officers for actor Kadambari Jethwani’s arrest and who they are

Suspension orders say IPS officers Kanthi Rana Tata & Vishal Gunni arrested the actor in Mumbai on oral orders from ex-intelligence chief P Sitharama Anjaneyulu before complaint was lodged.

CBI registers FIR against NGO Environics Trust, its directors for ‘funding’ agitations in Odisha

CBI has accused Environics Trust of violating Foreign Contribution (Regulation) Act provisions by diverting money for cyclone relief to pay people to agitate against proposed JSW group steel plant.

India’s JSW Steel plans to invest $145 million in new projects to upgrade US manufacturing

These investments & projects will help in producing high quality ‘melted and manufactured in USA’ steel products, said Parth Jindal, director of JSW Steel USA.

JSW gets environmental clearance for Rs 65,000 crore steel plant in Odisha

The project is one of the largest in the country’s manufacturing sector and the environment ministry’s approval came after it heard people’s views on the plan, JSW Steel said.

India’s steel demand bounces back at faster-than-expected rate

While demand in the second quarter is still down about 10% from a year earlier, it has more than doubled from the previous quarter.

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.

After praising Trump’s tariffs, JSW Steel is now suing the US for relief

JSW Steel says US Commerce Dept wrongfully denied waivers for steel-slab raw materials, forcing it to pay tens of millions of dollars in tariffs.

On Camera

Army wives fight a silent battle. Don’t abuse them for seeking small joys

The next time you see a post featuring a sari-clad woman at a party or a travel reel from an unknown location, ask yourself — how does her joy threaten yours?

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.