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Friday, November 26, 2010

2G scam gone behind, Indian PSU see biggest scandal ever


Vivek Avasthi
CEO & Editor
PSU INDIA
Scam of the year has hit the PSU sector of the country. It has sent shock waves amongst the common man and has also shaken the confidence of the stock market, if experts and analysts are to be believed. The CBI on Wednesday swooped down on the CEO of LIC Housing Finance Mr Ramachandran Nair and seven others including three top officials of public sector banks in connection with the alleged housing finance racket.