Syndicate Bank Chief Managing Director (CMD) Sudhir Kumar Jain and Bhushan Steel Ltd Vice-Chairman and Managing Director Neeraj Singal were on Tuesday remanded to judicial custody till August 16 by a Delhi court in connection with a bribery case. Jain and Singal were produced before Special CBI Judge Swarana Kanta Sharma who turned down the plea of the probe agency seeking further police remand of Singal. "There is no new fact and evidence brought on record which could substantiate as to why CBI needs further police custody of Singal. The accused (Singal) is remanded to judicial custody till August 16," the judge said.
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