The steelmaking business said it would raise an extra $240 million from bondholders already owed $880 million and pay down ...
A default over $US550m in debt owed by Sanjeev Gupta’s Australian steel products company InfraBuild “could be imminent” Fitch ...
InfraBuild is in danger of breaching its agreement with lenders within three months unless the steel business owned by British industrialist Sanjeev Gupta improves its earnings, according to Fitch ...
Despite having circulated its unaudited half-year financial results to bondholders on March 3, it has repeatedly delayed a ...
In response to a New York lawsuit, the British industrialist said bond agreements expressly allowed the use of company funds ...
A UK watchdog fined PricewaterhouseCoopers LLP and one of its accountants over their flawed audit of Sanjeev Gupta’s Wyelands ...
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Sanjeev Gupta’s InfraBuild could default on $880m in debt imminently according to ratings agency Fitch, while cheap steel imports will put further pressure on profitability. Infrabuild and ...
One of the worlds’ largest consultancy firms has been fined 4.5 million pounds ($9.2 million AUD) for “serious failings” in ...
Sanjeev Gupta’s InfraBuild has attacked the Ben Brazil-led private equity firm FitzWalter over its demand for an immediate ...
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PwC fined £2.9m over audit of Sanjeev Gupta’s Wyelands BankPwC has been fined £2.9 million by the UK accounting watchdog over its audit of Sanjeev Gupta’s collapsed Wyelands Bank. The ...
OneSteel was never really a business under Sanjeev Gupta’s ownership. Steelmaking was just a by-product of the magnate’s financial engineering. The steelmaker is bleeding $1.5m a day and, based on ...
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