BSE gets nod for mandatory auction of fake shares
The Bombay Stock Exchange has received clearance from the Securities and Exchange Board of India (SEBI) for a compulsory auction of bad deliveries arising on account of fake and forged shares in the "sunshine segment" of the exchange.
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Sony hopes to foray into local pop industry
Sony of Japan hopes to strike gold with its recent foray into India's pop music industry. Eyeing a big Asian opportunity in compact discs (CDs) and cassettes, Sony Music Entertainment (Japan) Inc aims to challenge worldwide rivals with its new subsidiary, Sony Music India.
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