08
Aug
01:00
Bhushan shares plummet after Syndicate Bank chief arrested
Shares in Indian steelmaker Bhushan Steel have plummeted over the last week and fell further after the arrest of its managing director and vice-chairman Neeraj Singhal by the country’s Central Investigation Bureau (CBI) on Thursday.
In a statement to the Bombay Stock Exchange (BSE) the company said that Singhal had surrendered voluntarily to the CBI “…to participate and co-operate in the ongoing investigation…” The CBI had the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous