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The Himachal Pradesh government will spend 25 crore rupees on renovating and developing the historic British Raj 'Bantony Castle Estate as a major tourist attraction.
The Bantony Castle, owned by a business family and housing the state police headquarters, was acquired by the government for over 27 crores two years ago.
Tata Steel, whose bid for debt-ridden Bhushan Steel was approved by NCLT, would implement the resolution plan through its step-down subsidiary Bamnipal Steel Ltd.
Bamnipal Steel would invest in the debt-ridden company and acquire control on the closing date.
As per the terms of approved Resolution Plan, Bamnipal Steel Limited (BNPL), a... Read More
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