|
JSW Steel wants its money back. The company has asked banks for a refund related to its Bhushan Power and Steel resolution plan. This follows a Supreme Court decision that ordered BPSL's liquidation. JSW Steel also wants a 60-day delay in the liquidation process. The company is exploring its legal options after the court's ruling.
Category:
News and Media
Indian equity indices declined, mirroring a Wall Street sell-off triggered by rising US Treasury yields. The NSE Nifty and BSE Sensex both fell by 0.8%. Asian markets also largely weakened, influenced by the surge in 30-year US Treasury yields to an 18-month high amid concerns about the US debt burden and credit rating downgrade.
Category:
News and Media
The provision is a result of a last-minute change to the bill before its passage out of the House early Thursday.
Category:
News and Media
All news |
||||||||||||||||||
|