BSE to drop Satyam from Sensex

BSE to drop Satyam from Sensex

NSE had said it would remove Satyam from its S&P CNX Nifty 50-share index from January 12

Thursday, January 08, 2009

NEW DELHI, INDIA: The Bombay Stock Exchange will replace Satyam Computer Services with drugmaker Sun Pharma in the benchmark share index, effective January 12, the spokesman for the exchange said on Thursday.

The National Stock Exchange said on Wednesday it would remove Satyam from its S&P CNX Nifty 50-share index from the same date.

The head of the Indian outsourcing firm resigned on Wednesday, disclosing profits had been falsely inflated for years, sending its shares crashing nearly 80 per cent.

©Reuters

Would you like to Comment on this Article?

Name
Email
Comment Here
Code Verification

Read Comments

swamy said on 1/9/2009 9:39:23 AM:
Before pointing some body. Pls look at yourself. What Y0u had done to the country or your state or your village. He Is a great man. He saved so many lifes

to swamy

Partha Sarathy said on 1/8/2009 7:27:45 PM:
Its joke indeed. BSE dropped due to Satyam and news says BSE is dropping Satyam. Satyameva Jayeta is past. Satyameva haretey is present. Indeed it is Satyam Raju Bayankaram

to Partha Sarathy