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Deccan Chronicle shares crash to new life-time low
The week ahead should see some event-based moves with all eyes on global central banks.
02 Aug 2012, 10:47 AM IST 
A Dreamliner in Air India colours at an airport in Washington
Shares in Deccan Chronicle Holdings Ltd, which owns English daily Deccan Chronicle, crashed to a new life-time low Monday after IFCI reportedly described the Hyderabad-based company as commercially unviable and insolvent in its winding-up petition in the High Court filed on Friday. Earlier, the company’s promoters had pledged 54 per cent of their holding on July 26. The three promoters, who together held 73.83 per cent in the company...
