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There is hectic activity at the Stock Holding Corporation of India Limited (SHCIL) these days; but none of it involves any effort to nail those involved in the attempt to loot the organisation and scoot with its wholly-owned subsidiary SHCIL Services Limited (SSL), as we had highlighted in our cover story “Loot and Scoot” (MoneyLIFE 5 July 2007). The effort is probably to bury the scam. A few...
