JSW Steel had earlier indicated that it would determine its next steps after reviewing the court's order in consultation with its legal advisors.

The Supreme Court’s decision to revoke the resolution plan of Bhushan Power and Steel Ltd (BPSL) could burn a ₹22,000 crore hole in the consolidated turnover of JSW Steel. BPSL, which was acquired by ...

The court ordered the liquidation of Bhushan Power, citing failures in the insolvency process managed by the insolvency administrator and the lenders' panel.

Supreme Court (SC) decided to overturn JSW Steel's acquisition of Bhushan Power & Steel. This was a deal that was closed and paid for three years ago. Sajjan Jindal-led company JSW Steel's Rs 19,700 ...

NEW DELHI (Reuters) -India's top court on Friday rejected JSW Steel's resolution plan to acquire Bhushan Power and Steel four years after the takeover was completed, and ordered the liquidation of ...

The Indian government has discussed with banks a court order that scrapped JSW Steel's four-year-old buyout of Bhushan Power and Steel, and is finalising a response, a government official said on ...