Bhushan Steel

The Supreme Court on Friday granted bail to Bhushan Steel's former promoter Neeraj Singal in a money laundering case arising from an alleged bank fraud of Rs 46,000 crore.

The Enforcement Directorate (ED) Friday said it has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud-linked money laundering case against erstwhile Bhushan Steel Ltd.

The Enforcement Directorate has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud linked money laundering case against erstwhile Bhushan Steel Ltd (BSL), official sources said Friday.

Tata Steel will look to grow organically and is under "no pressure" to look at fresh acquisitions during this decade

Special Court in Delhi has granted bail to Aarti Singal, the former Director of Bhushan Power and Steel Limited (BPSL) in the fraud case of Rs 5,500 crores.

The building, worth over Rs 190 crore, was attached in an alleged bank fraud case against former Bhushan Power and Steel Limited chief Sanjay Singal.

The BSE Metal index was buoyed by the news that JSW Steel has completed a resolution plan for Bhushan Steel and Power, including a payment of Rs 193.50 billion to financial creditors.

Although the National Company Law Tribunal last September approved its resolution plan to take over the insolvent Bhushan Power and Steel, the Enforcement Directorate, which is investigating alleged fraud committed by the debt-laden firm's previous management, had attached the assets of BPSL which, it believed, were bought from proceeds of crime, f...

A special Delhi court on Thursday reserved its order on a bail plea of former Bhushan Power and Steel chairman and managing director, Sanjay Singhal, in connection with an alleged multi-crore money laundering case being probed by the Enforcement Directorate (ED).

The Enforcement Directorate on Friday filed a charge sheet against former Bhushan Power and Steel Ltd CMD Sanjay Singal and others in a multi-crore money laundering case linked to alleged bank fraud, saying he was the "mastermind" behind the diversion of loan funds.

The Enforcement Directorate has provisionally attached Rs 78 crore worth of properties belonging to former ICICI Bank CEO Chanda Kochhar as part of a probe into a money laundering case involving the bank and the Videocon Group

A Delhi court has granted seven days of custody of former Bhushan Power and Steel Ltd CMD Sanjay Singal to the Enforcement Directorate (ED) for interrogation in a multi-crore money laundering case linked to an alleged bank loan fraud.

The Enforcement Directorate on Friday arrested former Bhushan Power and Steel Ltd CMD Sanjay Singal in connection with its probe in a multi-crore money laundering case linked to an alleged bank loan fraud.

The Enforcement Directorate's (ED) probe into property deals related to underworld don Dawood Ibrahim Kaskar's close aide, the late Iqbal Mirchi, has started revealing corporate connections with the agency summoning former promoter of Bhushan Steel over a financial transaction to the tune of Rs 19 crore.

The total value, under the provisional order for attachment, is Rs 4,025.23 crore.

The Supreme Court on Friday granted bail to Bhushan Steel's former promoter Neeraj Singal in a money laundering case arising from an alleged bank fraud of Rs 46,000 crore.

The Enforcement Directorate (ED) Friday said it has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud-linked money laundering case against erstwhile Bhushan Steel Ltd.

The Enforcement Directorate has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud linked money laundering case against erstwhile Bhushan Steel Ltd (BSL), official sources said Friday.

Tata Steel will look to grow organically and is under "no pressure" to look at fresh acquisitions during this decade

Special Court in Delhi has granted bail to Aarti Singal, the former Director of Bhushan Power and Steel Limited (BPSL) in the fraud case of Rs 5,500 crores.

The building, worth over Rs 190 crore, was attached in an alleged bank fraud case against former Bhushan Power and Steel Limited chief Sanjay Singal.

The BSE Metal index was buoyed by the news that JSW Steel has completed a resolution plan for Bhushan Steel and Power, including a payment of Rs 193.50 billion to financial creditors.

Although the National Company Law Tribunal last September approved its resolution plan to take over the insolvent Bhushan Power and Steel, the Enforcement Directorate, which is investigating alleged fraud committed by the debt-laden firm's previous management, had attached the assets of BPSL which, it believed, were bought from proceeds of crime, f...

A special Delhi court on Thursday reserved its order on a bail plea of former Bhushan Power and Steel chairman and managing director, Sanjay Singhal, in connection with an alleged multi-crore money laundering case being probed by the Enforcement Directorate (ED).

The Enforcement Directorate on Friday filed a charge sheet against former Bhushan Power and Steel Ltd CMD Sanjay Singal and others in a multi-crore money laundering case linked to alleged bank fraud, saying he was the "mastermind" behind the diversion of loan funds.

The Enforcement Directorate has provisionally attached Rs 78 crore worth of properties belonging to former ICICI Bank CEO Chanda Kochhar as part of a probe into a money laundering case involving the bank and the Videocon Group

A Delhi court has granted seven days of custody of former Bhushan Power and Steel Ltd CMD Sanjay Singal to the Enforcement Directorate (ED) for interrogation in a multi-crore money laundering case linked to an alleged bank loan fraud.

The Enforcement Directorate on Friday arrested former Bhushan Power and Steel Ltd CMD Sanjay Singal in connection with its probe in a multi-crore money laundering case linked to an alleged bank loan fraud.

The Enforcement Directorate's (ED) probe into property deals related to underworld don Dawood Ibrahim Kaskar's close aide, the late Iqbal Mirchi, has started revealing corporate connections with the agency summoning former promoter of Bhushan Steel over a financial transaction to the tune of Rs 19 crore.

The total value, under the provisional order for attachment, is Rs 4,025.23 crore.