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Saturday, October 25, 2025
TopicBhushan Power and Steel

Topic: Bhushan Power and Steel

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

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

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

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

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

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

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.