Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
More than 10% (40 of 498 companies) have lost at least half their market value.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
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