17
Nov
20:47
Bhushan gets hit again by quarterly finance charges
India’s Bhushan Steel has posted yet another net loss for the second operating quarter of its 2016 financial year. Once again it is ballooning finance costs which have hamstrung company performance, Kallanish notes.
It is more than a year since the automotive steel specialist first signalled the now well-documented episode of financial irregularity involving its managing director Neeraj Singal. Every quarterly financial performance since that time has resu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous