
JSW Steel under scrutiny as Supreme Court allows money laundering proceedings to continue in Obulapuram mining case
Shares of JSW Steel are in sharp focus after the Supreme Court refused to quash ongoing money laundering proceedings against the company and its officials in connection with the Obulapuram Mining Company (OMC) case. The apex court, in its October 7, 2025 ruling, stated that the statutory process under the Prevention of Money Laundering Act…