THEBUSINESSBYTES BUREAU NEW DELHI, SEPTEMBER 26, 2025 Bringing finality to one of India’s longest-running insolvency battles, the Supreme Court on Friday upheld JSW Steel’s ₹19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Ltd (BPSL). The landmark verdict ends an eight-year legal tussle and secures JSW’s ownership of the steelmaker, which was once among the Reserve Bank of India’s infamous ...
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Apex court puts Bhushan Power and Steel liquidation on hold, clears path for JSW Steel review plea
THEBUSINESSBYTES BUREAU NEW DELHI, MAY 26, 2025 The Supreme Court on Monday ordered that liquidation proceedings against Bhushan Power and Steel Ltd (BPSL) be frozen, granting much-needed interim relief to JSW Steel and reopening a high-stakes battle that has gripped India’s insolvency landscape. Acting on a plea filed by the Sajjan Jindal-led group, the bench directed the National Company Law ...
Read More »JSW celebrates 77th Independence Day with patriotic fervour
TBB BUREAU BARBIL, AUG 16, 2023 JSW Jajang Colony ground echoed with Vande Mataram chants during the celebration of the 77th Independence Day of our nation on Tuesday and the whole JSW Steel (Odisha Mines Division) family paid tributes to the freedom fighters. JSW Steel Limited Chief Operating Officer (Mining) Sauvick Mazumdar hoisted the National Flag and guided through the ...
Read More »JSW Steel, JUSL observe World Environment Day
TBB BUREAU BHUBANESWAR, JUNE 06, 2023 Steel major JSW Steel and JUSL planted saplings at its mining and plant areas in Keonjhar, Sundergarh and Jagatsinghpur districts, to mark World Environment Day on Monday. The Sajjan Jindal-led company planted around 300 saplings in Jajang, Nuagaon, Narayanposhi and Ganua. The Environment Management department along with mines managers, employees of the company and ...
Read More »JSW Steel Q4 profit grows 12 pc to Rs 3,741 cr
TBB BUREAU NEW DELHI, MAY 19 JSW Steel on Friday posted 11.90 per cent rise in consolidated net profit at Rs 3,741 crore for March quarter of FY 2022-23 (Q4FY23) as compared to Rs 3,343 crore in the year-ago period JSW Steel said in a BSE filing. Total income went up to Rs 47,427 crore in Q4FY23 from Rs 47,128 ...
Read More »Panchayat representatives from Jagatsinghpur dist visit JSW Vijayanagar plant
TBB BUREAU PARADIP, AUGUST 16, 2022 A 29-member team from Dhinkia, Nuagaon and Gadakujunga Gram panchayats under Ersama Block of Jagatsinghpur district in Odisha visited JSW Vijayanagar Works in Bellary district of Karanataka and celebrated India’s 76th Independence Day with JSW Steel Managing Director Sajjan Jindal and JSW Foundation Chairperson Sangita Jindal on Monday. Led by Dhinkia Panchayat Sarpanch Kishore ...
Read More »JSW gets top honour in state-level ICT category at CII Odisha meet
TBB BUREAU BHUBANESWAR, MARCH 4, 2022 Country’s leading steel producer JSW bagged the first position in ICT category at the CII Odisha Annual Meeting organized here on Friday. The state-level award ceremony was hosted under Industry Carnival for Quality Circles, Industry Relations, Environment Safety & Health (ESH) and ICT categories. JSW clinched the prestigious award in ICT segment through digital ...
Read More »JSW Steel conferred with mining safety awards
TBB BUREAU BARBIL, FEBRUARY 2, 2021 JSW Steel Limited has been conferred with mining safety awards in the recently held 58th Annual Safety Week Celebration-2020 (metalliferous mines) in Chaibasa region at Rajgangpur. In the group A-1 category, Jajang Iron ore mines received Best Innovation award and in Group A-2, Nuagaon iron ore mines received Best Workshop Facility. In the Group ...
Read More »JSW Steel surpasses 1 lakh ton iron-ore dispatch on a single day from its Odisha mines
TBB BUREAU BHUBANESWAR, JANUARY 18, 2021 JSW Steel Ltd., flagship company of JSW Group has achieved a major milestone with its iron-ore dispatch surpassing 1 lakh tons on a single day from its newly acquired mines in the state of Odisha. With this achievement, the leading integrated steel producer sets the roadmap for progress, prosperity, and opportunity for Odisha. ...
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