What is ‘Cut and paste' job, which costs a Tata group company Rs. 2.28 lakh?
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- eAnswers...Jul 18, 2013
As the name suggests its meaning 'Cut and paste' mean taking/pulling up a data from one place and putting it in another place, it is mostly referred for computer based works. And in this case Tata has been charged Rs. 2.28 Lakh by the Securities and Exchange Board of India (Sebi), as they delayed in filing the shareholding details under the Sebi's Takeover Regulations for 2009 and 2010. Besides, there was inaccurate disclosure regarding change in shareholding of the company between March 31, 2010 and March 31, 2011.
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