NEW DELHI – Indian authorities arrested a former managing director of Bhushan Steel Ltd on Thursday over an alleged fraud, after a probe found billions of rupees had been siphoned off by the firm’s founders from funds borrowed from state-run banks. Neeraj Singhal, a member of the founding family, was presented before a court and […]

The post India Arrests Former Bhushan Steel Md Over Alleged Fraud appeared first on Bongo Exclusive.

from Bongo Exclusive