Indian steelmaker Bhushan Steel Ltd (BSL) has announced that it received approval from the Indian central government on November 27 to change its name to Tata Steel BSL Ltd, according to a filing made by the company to Bombay Stock Exchange (BSE).
India-headquartered steel giant Tata Steel recently acquired 72.65 percent equity share capital of BSL through its wholly-owned subsidiary Bamnipal Steel Ltd (BNPL).