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Stock Markets
`Evidence' on Ketan's links with ex-CSE president
Our Bureau
KOLKATA, Oct. 1
THE Kolkata Police have claimed to have found "incriminating" evidence by way of documents at one of the offices searched on Tuesday that have established links between big bull Ketan Parekh and former head of Calcutta Stock Exchange, Mr Dinesh Kumar Singhania.
The police today searched the premises of BPS Securities, a company said to be controlled by Mr Singhania's father. This office is located at the heart of Lyons Range near the Calcutta Stock Exchange building.
During the day, the police also continued with its search on some of the offices of other Calcutta Stock Exchange brokers that were sealed earlier. Mr Somen Mitra, Deputy Commissioner (Detective Department) stated this at his regular interaction with the media.
The developments lend credence to the belief that the local operators had links with KP, the bull who rode the market for a long time. Meanwhile, market sources said that the Kolkata police also interrogated other senior brokers, including a former president of Calcutta Stock Exchange.
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