30
Sep
01:00
Indian authorities release Bhushan executive on bail
India’s Bhushan Steel once again has its managing director available for work. Neeraj Singal was released from judicial custody on bail on 27 September, according to a stock exchange filing by the company monitored by Kallanish.
The executive was detained by the authorities on 14 August following anti-bribery investigations into the company. Since that time, the company’s shares have been in freefall on the Bombay stock exchange, although they ha…
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Anonymous
Very good overview of the weekly steel market.
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