Get free stock market tips, daily stock market tips, share market tips, stock investing tips, daily share market tips, MF investing tips, Mutual FUnds tips, Stock market basics, stock market tutorials, Indian share market tips, BSE closing, SENSEX closing, NIFTY closing, BSE daily rates

Custom Search

Sunday, December 26, 2010

130 crore scam unearthened- broker Hiten Dalal convicted

Stock broker Hiten Dalal and two former bank officials are convicted for siphoning off funds to the tune of Rs 130 crore from the bank in 1991. Justice J H Bhatia of the Bombay High Court, convicted and sentenced Dalal, R Dhankumar and S P Kamat, both former managers of Andhra Bank , to two years rigorous imprisonment last week.

It can be recalled that there are already 25 cases registered against Hiten Dalal, pity for indian markets as i don't think much would happen this time

No comments:

Post a Comment


Disclaimer:Stock Market trading involves risk and this website does not warrant or make any representations regarding the use or the results of the materials posted on this website or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. We clearly state that we have no financial liability whatsoever to any user on account of the use of information provided on the website.
All content within the website is property of and may not be reproduced or duplicated for any reason without the permission of

© Copyrights reserved | for Advertising on this website mail at : for terms and conditions