After giving some anxious moments to corporate India, the Joint Parliamentary Committee has decided to focus its probe on the movement of the shares of only about 12 companies against whom it feels there is a reason to proceed further.
In an internal report, the committee has identified DSQ Software, Lupin Lab, Zee Telefilms, Global Telefilms, HFCL, Satyam Computers, GTB, ICICI Bank and others largely based on the special report of the Securities and Exchange Board of India (Sebi) which had investigated the movement in the scrips of 185 companies. But the internal report also adds that the Sebi interim report while dealing with the manipulation of the scrip prices has not implicated these companies per se of any wrongdoing. It says