SHCIL Scam, The Next Stage
In our previous issue, we pointed to a
major scam at Stock Holding Corporation of India being perpetrated by the top
management right under the nose of nominees of major financial institutions
like IDBI,
ICICI and, of course, regulators Securities and Exchange Board
of
India and Bombay Stock Exchange. After a halting process spread
over
many weeks, a new management, led by RK Bansal...
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