LetsDiscuss: Rs 700,000 crore worth shares in President's name

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posted by amit 1773 days ago
Everything about Rashtrapati Bhawan has been pretty much the same since it was built in 1931, but the presidential palace's new occupant next week will find that the office is the custodian of fortunes worth over Rs 700,000 crore (Rs 7,000 billion) in terms of share prices alone. This includes about Rs 600,000 crore (Rs 6,000 billion) worth shares in the name of the President of India across about 50 listed firms, while shares worth another Rs 100,000 crore (Rs 1,000 billion) in another 10 companies are registered in the name of the President's nominees in the central government.
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  • Avatar | written by youtubegirl 1772 days ago Rating: 0 | Rate comment: + -

    woopie...thats sooo much money for doing nothing!:)


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