Investigators found an additional 12.21 billion rupees in loans raised by forging board resolutions; 7.48 billion rupees in illicit gains from the sale of shares; and 2.3 billion rupees in dividends received from inflated earnings, Mr. Narayana said.
The controversial assertion was calculated by capping monthly expenditures at 1,000 rupees in urban areas – about $16 — and 816 rupees in rural areas.
I spend most of it, but I save a few rupees in case of an emergency.
If I have ten rupees in my pocket, it's my money.
Sales rose to 14.46 billion rupees in the quarter, from 13.48 billion rupees.
The basic rule: you are not allowed to take rupees in or out of India.
With power only inside his palace, he saved more than a million rupees in his treasury.
That will stop them having to sell rupees in the spot market.
Selco broke even in 2001, and profit reached 3.15 million rupees in 2005.
At present, it manages just 300 billion rupees in equity assets, or 1.5% of market capitalisation.
The stock hit a lifetime low of 7.05 rupees in mid-August.
