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Bhushan Steel to commission 3 MT new capacity by March

Last Updated: Sunday, January 13, 2013, 10:57

Bhushan Steel will add 3 million tonnes capacity by March at its Odisha plant to increase its total steel making capacity to 5.2 million tonnes (MT).

Bhushan Steel to raise Rs 475 crore through rights issue

Last Updated: Tuesday, January 8, 2013, 15:36

Bhushan Steel is planning to raise Rs 475 crore through rights issue, which will be launched in the third week of this month, a senior company official said on Tuesday.

Bhushan Steel to seek shareholders nod for $1 bn fund raising

Last Updated: Wednesday, December 26, 2012, 19:07

Bhushan Steel Wednesday said it will seek shareholders nod to raise up to USD 1 billion (over Rs 5,400 crore) through issue of fresh securities.

Coal Min cancels 4 mines, asks Monnet to deposit Rs 62 cr bank guarantee

Last Updated: Friday, November 23, 2012, 22:10

The Coal Ministry has decided to deallocate four coal blocks given to 15 firms, including JSW Steel and Bhushan Steel & Strips, and ask Monnet Ispat to deposit a bank guarantee of Rs 62 crore.

Bhushan Steel Q2 net dips 2% to Rs 201.51 cr

Last Updated: Monday, November 12, 2012, 20:02

Bhushan Steel Monday reported around two percent dip in its second quarter net profit at Rs 201.51 crore.

SEBI clears rights issues worth about Rs 5,500 crore

Last Updated: Thursday, August 30, 2012, 14:18

Market regulator SEBI has given its go-ahead to four rights issues, totalling about Rs 5,500 crore, proposed by TV 18 Broadcast, Network 18 Media & Investment, Bajaj Finserv and Bhushan Steel.

Sahara, ICICI in fray to buy Parsvnath's Connaught Place land

Last Updated: Sunday, April 15, 2012, 17:27

In January, Parsvnath had announced plans to monetise the KG Marg land, which it had bought for Rs 200 crore in 2008.