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bhushan steel

Former Bhushan Steel CFO’s bail plea rejected

The SFIO arrested Johari in May 2019 and filed a charge-sheet the same year claiming that while as CFO, Johari fraudulently obtained letters of credit from banks worth nearly Rs 20,000 crore.
india news
Updated on Jul 17, 2020 02:55 am IST

In its approach to the IBC, the government got it right| Analysis

Finance minister Nirmala Sitharaman’s announcements are thus being met with relief, though some ambiguity remains
analysis
Updated on May 20, 2020 08:58 pm IST

SFIO arrests Bhushan Steel’s former promoter Neeraj Singal for siphoning off funds

The Finance Ministry said NeerajSingal is “accused to be guilty of siphoning off funds of over ₹2,000 crore from the loans availed by BSL using more than 80 companies”.
business
Updated on Aug 10, 2018 03:43 pm IST

Yes Bank recovers 66% of original claim filed for Bhushan Steel

Signage for Yes Bank Ltd. is displayed at a branch in Mumbai, India, on Saturday, April 21, 2018. Yes Bank has received the Reserve Bank of India's (RBI) approval to open two representative offices in London and Singapore. Photographer: Dhiraj Singh/Bloomberg
business
Updated on May 23, 2018 01:44 pm IST

NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues notices

FILE PHOTO: Waste metal is seen at Tata Steel's new robotic welding line at their Automotive Service Centre in Wednesfield, Britain, February 15, 2017. REUTERS/Darren Staples/File Photo
business
Updated on May 21, 2018 01:19 pm IST
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