News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 11 years ago
Rediff.com  » Business » DLF extends fall on corporate governance issues

DLF extends fall on corporate governance issues

October 09, 2012 11:00 IST
Get Rediff News in your Inbox:
DLF extends fall on corporate governance issues, down 10% in two days DLF is trading lower by 2.2% at Rs 219, extending its previous day's over 7.4% after Arvind Kejriwal, a social activist-turned-politician has accused the real estate developer of favouring Robert Vadra, son-in-law of Congress chief and the UPA Chairperson Sonia Gandhi, with easy loans for some undue gains.

Meanwhile, auditors and chartered accountants are not convinced with DLF's clarifications that it had given a 'business advance' to Robert Vadra and that there was no quid pro quo between the two, the media report suggests.

The stock opened at Rs 221 and has seen a combined 4.16 million shares changing hands on the counter in morning deals on the NSE and BSE.

Get Rediff News in your Inbox:
Source: source
 

Moneywiz Live!