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SEBI to review financials of Nifty, Sensex cos
Updated On: 09 January, 2009 08:50 PM IST | | PTI
To avoid a Satyam-like financial fraud, market regulator SEBI today decided to review the earnings statement of all the companies that figure in the elite stock trackers Nifty-50 and Sensex-30.
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To avoid a Satyam-like financial fraud, market regulator SEBI today decided to review the earnings statement of all the companies that figure in the elite stock trackers Nifty-50 and Sensex-30.
"Such a review would be in relation to the last quarterly results and last audited annual financial results," the regulator said in a statement.
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