Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

CBI registers case in alleged Rs 240-crore scam in gas supply

Jun 08 2014, 15:27 IST
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CBI has registered a case against the then General Manager of Gas Authority of India Limited in a Rs 240-crore scam CBI has registered a case against the then General Manager of Gas Authority of India Limited in a Rs 240-crore scam
SummaryCBI has registered a case against the then General Manager of Gas Authority of India Limited in a Rs 240-crore scam

they said.

The agency claimed that by not billing the companies with increased rates, the public sector undertaking allegedly suffered a loss of over Rs 240 crore.

In its FIR, CBI has levelled allegations under section 120-B (criminal conspiracy), cheating (420) and provisions of Prevention of Corruption Act.

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