NIFTY  8,907.85  0.32%
  SENSEX  28,761.60  0.35%
 CURRENCY  Rs  66.93/$ 70.86/€, 83.36/£
  GOLD  29,138.00  -0.56%
  SILVER  42,565.00  -0.78%
  DAX  11,827.60  0.60%
  FTSE  7,299.86  -0.00%
  CAC  4,864.99  -0.04%
  HANG SENG  23,963.60  -0.76%
  NIKKEI  19,381.40  0.68%
  Shanghai Composite  3,253.33  0.23%
  DOW JONES  20,624.10  0.02%
  NASDAQ  5,838.58  0.41%
  S&P 500  2,351.16  0.17%
GOVT OFFICIAL - Govt To Sell 5% Stake In Bharat Electronics On Feb 22 GOVT OFFICIAL - Govt Aims To Raise About Rs 1,600 Cr From BEL Divestment

Directors Of Public Listed Cos Have Greater Responsibility: SC

Video:

Play this video

The Supreme Court made scathing remarks against Pyramid Saimira (PSTL) in the case on the company manipulating the securities market. The apex court said, “Facts of the case show how investor confidence was eroded and how the market has been abused for personal gains and attainment.” The Supreme Court dismissed appeals by PSTL Director N. Narayanan. Rejecting Narayanan’s contention of being responsible for HR, it said that directors of public listed companies have greater responsibilities.