DB Realty hits all-time low on CBI probe report
Mumbai-based realty firm DB Realty slumped by over 8% to a lifetime low of Rs 142.65 a share on the BSE on Friday, hit by an Economic Times report. The report states that CBI is scrutinising the transfer of over Rs 200 crore by the company to Kalaignar TV in FY09-10, which came to light during investigations into the allocation of 2G spectrum.
February 04, 2011 / 07:39 PM IST
Mumbai-based realty firm DB Realty fell 8% to a record low of Rs 142.65 on Friday, following an Economic Times report that the CBI is probing the transfer of over Rs 200 crore by the company to Kalaignar TV in FY09-10.
This came to light during the CBI