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Tuesday, August 12, 2025
TopicBhushan Power and Steel

Topic: Bhushan Power and Steel

Former Bhushan Power & Steel CMD Sanjay Singal gets bail in ‘money laundering case’

PTI -
A Delhi court allowed bail to Sanjay Singal on a personal bond of Rs 10 lakh and two sureties.

ED files charge sheet against former Bhushan Power & Steel CMD Sanjay Singal

PTI -
Sanjay Singal was arrested on 22 November 2019 under the PMLA after being questioned in an alleged bank loan fraud case.

Court blocks JSW Steel’s $2.8 billion buyout of Bhushan Power

Upmanyu Trivedi -
The Enforcement Directorate has taken over the assets of Bhushan Power as it investigates allegations of money laundering by its former owners.

JSW Steel pockets second major stressed asset as NCLT approves bid for Bhushan Power

Upmanyu Trivedi -
JSW beat out rivals Tata Steel Ltd. & Liberty House Group with a bid of about Rs 19,700 crore, and now adds 3.5 million tons a year of capacity to its operations.

‘Need a stadium, not a courtroom’ — 70,000 page Bhushan Steel chargesheet names 284

Apoorva Mandhani -
Bhushan Power and Steel had defaulted on a Rs 47,700-crore loan in 2017. Last week, PNB alleged it had also committed a Rs 3,815 crore scam.

On Camera

YourTurn

Opinion

India is becoming a Republic of RWAs. It’s the most powerful elected body

Karanjeet Kaur -
Civics textbooks need an upgrade, considering that RWAs enforce laws they’ve devised themselves – no matter if it violates a fundamental right or two.

With nuke lunacy, Asim Munir joins Pakistan’s Hall of Generals who swapped brains for bluster

Rahul’s ‘vote chori’ attack on EC is a political dead-end. He still has a point

Economy

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

Sampurna Panigrahi -
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

Defence

Can’t restrict ‘extent of induction’—why SC struck down gender quotas in Army’s JAG recruitment

Javaria Rana -
New Delhi: The Supreme Court has ruled that the Indian Army cannot cap the number of women in its Judge Advocate General (JAG) branch...

National Interest

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Shekhar Gupta -
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.

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