Lehman falls and Indian firms lose Rs 2,000 cr

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    Lehman Brothers' move to file for bankruptcy on Monday wiped off more than Rs 2,000 crore from the market valuation of those Indian companies in which the US financial major has made equity investments. Lehman itself recorded a loss of more than Rs 500 crore on Monday on its investments in India, which is nearly 10 per cent of its current holding worth an estimated over Rs 500 crore (Rs 5 billion).