Governance issues to the fore; public & corporate

The BSE sensex fell 3 per cent last week, down 192 points, to close at 6154, largely on governance issues.

Although Reliance Industries, the company with the second highest market capitalization, came out with excellent results for the year ended March 05, its share price fell after Anil Ambani came out of the meeting, raised some corporate governance issues and declared that he had not signed the accounts.

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