Jsw Steel  

The National Company Law Tribunal (NCLT) rejected the objections raised by Tata Steel over the bids submitted by JSW and its erstwhile promoters and approved the JSW Steel's Rs 19,700 crore resolution plan for Bhushan Power & Steel Ltd (BPSL).

The Karnataka Cabinet had recently decided to convert the lease of 3,667 acres of land to JSW Steel at Ballari into a sale, in accordance with the initial agreement. Amid a row over the decision, the state government decided to refer it to a Cabinet sub-committee for revision.
 

In October 2016, the CBI court acquitted Yeddyurappa, his sons, son-in-law and nine others in the corruption case filed against them over alleged receipt of Rs 20 crore.

Despite promising to reconsider the JSW land deal, the BJP has alleged that the Karnataka coalition government is being pressured to finalise the deal and that the saffron party wanted to make sure the deal is not signed
 

After veteran Congress leader HK Patil released documents stating the amount JSW Steel owed the government, chief minister Kumaraswamy has decided to reconsider the sale of land to JSW.  
 

Karnataka BJP president BS Yeddyurappa had earlier said that he, along with other leaders of the party, would hold a sit-in protest if the Kumaraswamy-led coalition government offered more land to JSW Steel.