Former BPSL CMD Sanjay Singal sent to 7 days custody in money laundering caseA Delhi court on Saturday sent former Bhushan Power and Steel Ltd CMD Sanjay Singal, arrested by the Enforcement Directorate (ED) in connec...
23 Nov, 2019, 07.15 PM IST
JSW Steel to seek immunity from Bhushan Power and Steel 'fraud deals'“We want a neat and clean company, and we don’t want any confusion,” Jindal told.
12 Sep, 2019, 07.35 AM IST
Punjab & Sind Bank shares drop over 6% after lender flags Rs 238-cr fraudThe scrip sank 6.20% to Rs 24.20 on the BSE. On the NSE, shares cracked 6.39% to Rs 24.15.
18 Jul, 2019, 03.52 PM IST
Punjab & Sind Bank flags fraud in Bhushan Power accountState-owned Punjab & Sind Bank Wednesday reported over Rs 238 crore fraud by Bhushan Power and Steel.
18 Jul, 2019, 06.14 AM IST
JSW Steel seeks immunity from litigation against Bhushan PowerJSW Steel approaches NCLT in the wake of fraud cases reported by lenders of Bhushan Power and Steel.
17 Jul, 2019, 07.49 AM IST
Allahabad Bank plunges 15% on reporting Rs 1,775 crore fraudThe scrip slipped as much as 14.52 per cent to Rs 40.30 in early trade.
15 Jul, 2019, 03.54 PM IST
Not backing out from buying Bhushan Power, but anxious about alleged fraud reports: JSW tells NCLTPNB reported a fraud worth Rs 3,805.15 crore by BPSL by misappropriating bank funds and manipulating its books of accounts.
15 Jul, 2019, 03.31 PM IST
Allahabad Bank reports Rs 1,775 crore fraud by Bhushan Power & SteelAllahabad Bank reported fraud of over Rs 1,774 crore by Bhushan Power and Steel to the Reserve Bank of India.
13 Jul, 2019, 09.02 PM IST
PNB plunges after uncovering fresh $554 million fraudNew blow follows PNB’s discovery of a $2 billion hit in 2018
08 Jul, 2019, 06.17 PM IST
PNB plunges 11% on over Rs 3,800 crore fraudPNB said Bhushan Power & Steel misappropriated bank funds and manipulated its books of accounts to raise funds from consortium lender banks.
08 Jul, 2019, 03.54 PM IST
SFIO arrests Bhushan Steel’s former CFO Nitin Johri on charges of financial fraudFraud watchdog found Bhushan Steel to have engaged in manipulation of financials to avail loans from banks.
04 May, 2019, 07.36 AM IST
More trouble likely for Neeraj Singal as ED steps inSingal’s lawyers have strongly contested SFIO’s power to arrest. Opposing Singal’s bail, the lawyer for the agency has equated the offence ...
29 Aug, 2018, 07.46 AM IST
Bhushan Steel ex-promoter's challenge to SFIO's arrest powers not frivolous: High CourtAdditional Solicitor General (ASG) Maninder Acharya termed the alleged offence as "economic terrorism", saying siphoning off Rs 2,000 crore...
27 Aug, 2018, 08.16 PM IST
HC seeks Centre's stand on Bhushan Steel's promoter plea against arrest by SFIODuring the hearing, the bench appeared inclined to grant interim bail with the conditions that Singal would be available for questioning an...
20 Aug, 2018, 06.08 PM IST
SFIO arrests Bhushan Steel ex-promoter Neeraj Singal for alleged fund diversionHe is accused of siphoning off around Rs 2000 crore from the loans availed by Bhushan using more than 80 companies.
10 Aug, 2018, 08.15 AM IST
SFIO begins probe into 2 bhushan companiesIf the finding of SFIO is benign, lenders can go ahead and recast the loan.
07 Jun, 2017, 09.38 AM IST
AAP's Lokpal 'mahajokepal', Bhushan tears into Arvind KejriwalHe said Kejriwal does not like to be questioned like "Modi" so he has chosen not to make the contents of the Bill public.
28 Nov, 2015, 12.40 PM IST