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Thursday, August 14, 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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

2 Agniveers awarded Sena Medal for gallantry in Op Sindoor, a first since Agnipath launch

This marks the first time that Agniveers have received gallantry awards. They are the Army's short-term recruits under the Agnipath scheme.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.