SFIO’s first-ever arrest: Bhushan Steel ex-MD

The Serious Fraud Investigation Office (SFIO) on Thursday arrested Neeraj Singhal, the erstwhile promoter and managing director of Bhushan Steel, for allegedly diverting loans accessed from banks .Singhal was remanded in judicial custody till August 14 after being produced in court,

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KGC6ow