The renowned Telugu daily Enaadu launched a scathing attack on the alleged misdeeds of Sakshi and Raghuram Cements promoter Y.S.Jagan Mohan Reddy. A full-blown article on the front page questions the incredible manner in which Raghuram Cements manages to show a record profit of crores of rupees even before the commencement of the bhumi puja itself! The article goes on to question the wisdom of Dalmia Cements acquiring 137931 shares (of Rs. 10 each) at an astounding premium of Rs.1440 per share. This transaction, the article notes, was done at a time when shares of much renowned cement companies (with a proven track record) were available at a far lesser price. Another pointer raised in the article is the allotment of over 7000 acres to Nimmagadda Prasad, who (not surprisingly) had pumped in over Rs. 65 crores into Raghuram cements. Enaadu has been in the forefront of highlighting the alleged misdeeds of various political leaders from the Congress party and as a result has been criticised by that party as a TDP mouthpiece.
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