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Equity capital of one in four PSUs wiped out CAG'S REPORT TO PARLIAMENT. The Comptroller and Auditor General of India (CAG) has brought to light the absolute erosion of equity investment in 68 out of 300 government companies and corporations due to their accumulated losses and failure to ... Dubai World document reveals price of failureDubai World document reveals price of failure The ruling is the latest turn in a court battle that's been going on for more than 20 years. It follows a hearing on how to remedy the Dallas County town's failure to comply with a 2005 agreement to permit low-income housing. Former Babcock & Brown chief executive Phil Green says he didn’t see his company’s business model as high risk, months before the investment firm failed due to mounting debt. AUDITORS IN ADVERSE FINDING AGAINST QUINN FIRM - Auditors of a holding company owned by members of the Quinn family have made an adverse finding against it for its failure to produce consolidated accounts, writes the Irish Times.

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