Home Business India watchdog links over $500 million Bhushan Power assets to fraud probe

India watchdog links over $500 million Bhushan Power assets to fraud probe

154
0

India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power & Steel Limited were connected with a money-laundering probe, a move that could scupper the debt-ridden firm’s sale to JSW Steel Ltd.

LEAVE A REPLY

Please enter your comment!
Please enter your name here