3 ArticlesJSWSTEEL

The Hidden Problem in JSW Ispat’s Offer For Sale

JSW Ispat was formerly Monnet Ispat, which went through a bankruptcy resolution. That brought its debt down and the shares continued to be listed, after a ...

Jubilant Backtracks From Paying Promoters For Brand They Don’t Really Use

Jubilant Foodworks and Jubilant Life Sciences are companies owned by the Bhartias, who’ve run them well so far. Yesterday they did something strange – ...

The Bankrupt Companies in NCLT May Revive, But You Still Lose: Monnet Ispat Edition

There’s a steel company called Monnet Ispat which has a 1.5 million ton steel capacity. It owes banks Rs. 10,200 crore rupees. That’s nearly as ...