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SEBI to review financials of Nifty, Sensex cos

To avoid a Satyam-like financial fraud, market regulator SEBI today decided to review the earnings statement of all the companies that figure in the elite stock trackers Nifty-50 and Sensex-30.

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To avoid a Satyam-like financial fraud, market regulator SEBI today decided to review the earnings statement of all the companies that figure in the elite stock trackers Nifty-50 and Sensex-30.

"Such a review would be in relation to the last quarterly results and last audited annual financial results," the regulator said in a statement.

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