Prakash Industries

Sebi diktat on shell companies: Biggies Parsvnath Developers, J Kumar Infra among 331 'suspects'

West Bengal (127) accounts for the largest number of companies on the list of 331 suspected shell firms, referred by the corporate affairs ministry to Sebi.

Coal block auction to benefit the poor states: Coal Secretary

With aggressive bidding for coal blocks likely to continue on the fourth day, the government today said that poor states would benefit from the auction.

Coal scam: Court to consider CBI's closure report on 20 Jan

Syndicate Bank bribery case: SK Jain, Bhushan Steel head sent to judicial custody

Besides Jain and Singal, alleged middleman Purshottam Totlani, Arun Aggarwal, Ved Prakash Agarwal, CMD of Prakash Industries Ltd and its Director Vipul Agarwal and some other accused were arrested.

With loans to Bhushan Steel at Rs 40,000 cr, SBI wants an outside agency to watch co

SBI has Rs 6,000 crore exposure to Bhushan Steel

Syndicate bank case: Court dismisses bail pleas of two accused

Special CBI judge Swarana Kanta Sharma rejected the bail pleas of Arun Aggarwal, who is alleged to be the Chief Financial Officer of Bhushan Power and Steel Ltd, and Vijay Pahuja, who according to the CBI was acting as an "agent" for receiving illegal gratification.

Coal scam verdict: Beginning of the end for Bhushan Steel, Prakash Industries?

For Bhushan and Prakash, seeking loans to cover up their cost overruns is unthinkable

Syndicate Bank scam: Criminality a major reason for current bad debt pile of lenders

The element of criminality in a banking transaction ultimately hits the banks, which are guardians of tax payers' money

Why did banks wake up to Bhushan Steel's woes only post Syndicate Bank scam?

The question is: would banks have been this alert if the Syndicate Bank episode didn't actually take place?

Syndicate Bank scandal fallout: Govt could split CMD post in PSU banks

In an attempt to bring in accountability to the positions, the government is likely to transfer MDs if banks fail to perform.<br />