The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.