Syndicate Bank bribery case: Accused in judicial remand
A special court on Wednesday remanded in judicial custody till September 30 Syndicate Bank's suspended CMD S K Jain, Bhushan Steel Ltd Vice Chairman and Managing Director Neeraj Singal and others.
Sep 24, 2014, 19:11 PM IST
Syndicate Bank bribery case: Court extends JC till September 24
A Delhi court on Thursday extended till September 24 the judicial custody of Syndicate Bank CMD Sudhir Kumar Jain, Bhushan Steel Limited Vice Chairman and MD Neeraj Singal and nine others who were arrested by CBI in connection with a bribery case.
Sep 11, 2014, 17:21 PM IST
Bhushan Steel independent director V K Mehrotra resigns
Independent non-executive director on the Board of Bhushan Steel V K Mehrotra has resigned from the company citing "falling health".
Aug 25, 2014, 16:50 PM IST
Govt orders forensic audit on OBC, Dena Bank for Rs 436 cr FD scam
The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds worth Rs 436 crore from their fixed deposit customers.
Aug 20, 2014, 16:22 PM IST
Bankers order forensic audit of Bhushan Steel
The decision was taken at a lenders meeting Monday to take a stock of the situation following the arrest of Bhushan Steel Vice Chairman and Managing Director Neeraj Singal by the CBI in an alleged cash for loan scam involving Syndicate Bank Chairman S K Jain.
Aug 18, 2014, 18:46 PM IST
Can steer through the current crisis: Bhushan steel
Bhushan Steel reportedly has Rs 36,000 crore total debt including Rs 6,000 crore working capital loan through 51 lenders.
Aug 14, 2014, 15:49 PM IST
Lenders may tighten screws on Bhushan Steel, decision on Aug 18
With Rs 40,000 crore exposure to cash-strapped Bhushan Steel, PNB-led bank consortium will meet on August 18 to decide future course of action including setting up a team for day-to-day monitoring of financial affairs of the firm whose MD is embroiled in a bribery case.
Aug 14, 2014, 00:27 AM IST
CBI probe into IDBI Bank loan to Kingfisher Airlines
The Central Bureau of Investigation (CBI) has served an inquiry notice on IDBI Bank over a loan of Rs 950 crore it extended to Vijay Mallya-led troubled airline Kingfisher Airlines, saying this extent of exposure was not bona fide.
Aug 09, 2014, 17:34 PM IST
Syndicate Bank CMD, Bhushan steel MD sent to police custody
A Delhi court on Friday sent Syndicate Bank Chief Managing Director (CMD) Sudhir Kumar Jain and Bhushan Steel Ltd. Vice chairman and managing director Neeraj Singal to police custody till August 12 in a bribery case.
Aug 08, 2014, 20:43 PM IST
SBI wants external agency to run Bhushan Steel; meeting next week
Bhattacharya said the bank has an exposure of Rs 6,000 crore to the steel-maker which is a standard asset at present.
Aug 08, 2014, 19:06 PM IST
Syndicate Bank bribery case: Jain, Singal sent to police custody till Aug 12
S K Jain, CMD of Syndicate Bank and Neeraj Singal, Vice Chairman and MD of Bhushan Steel Ltd were Friday remanded to police custody till August 12 in connection with Rs 50 lakh bribery scandal.
Aug 08, 2014, 17:35 PM IST
Syndicate Bank bribery case: CBI arrests Bhushan Steel Vice Chairman
Singal has applied for anticipatory bail application but it was rejected by Special CBI court of Swarana Kanta Sharma.
Aug 07, 2014, 19:05 PM IST
Syndicate Bank bribery case: NBWs issued against Bhushan Steel's VC
The agency also claimed that Singal and Totlani were required to be confronted with other co-accused persons who were arrested in the case and are presently in CBI's custody.
Aug 07, 2014, 18:16 PM IST
