Tag: tata steel

adminMay 25, 2021
Tata-Steel-declared-successful-resolution-applicant-to-buy-Bhushan-Steel.jpg

1min00
Mumbai : Tata Steel on Friday said it has been declared the successful “resolution applicant” by the Committee of Creditors (CoC) of Bhushan Steel Ltd (BSL). In a regulatory filing to the BSE, the company said the decision was subject to obtaining regulatory approvals from the National Company Law Tribunal (NCLT) and the Competition Commission […]

adminMay 25, 2021
Tata-Steel-Vedanta.jpg

2min00
Kolkata : Debt-ridden Electrosteel Steels on Tuesday said four companies- Tata Steel, Vedanta, Renaissance Steel India and Edelweiss Alternative Asset Advisors Pte -have submitted bids to its Resolution Professional, under the corporate insolvency resolution process in terms of the Insolvency and Bankruptcy Code, 2016 (IBC). The company, which owes lenders Rs 11,309 crore, had been […]

adminMay 25, 2021
British-Steel-Pension-Scheme-Tata-Steel.jpg

3min00
Mumbai : Tata Steel UK on Monday said it has separated itself and a number of affiliated companied from the British Steel Pension Scheme (BSPS), following the regulator’s confirmation on its pensions deal. “Tata Steel UK has received confirmation from the Pensions Regulator that it has approved a Regulated Apportionment Arrangement (RAA) in respect of […]


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