RPL insider use case: Sebi fines RIL, Mukesh Ambani

India’s Securities and Exchange Board (Sebi) on Friday imposed sanctions totaling Rs 70 million on Reliance Industries Ltd (RIL), its Chairman and Managing Director Mukesh Ambani, and two other entities for alleged manipulative trading of the securities. shares of the former Reliance Petroleum Ltd (RPL) in November 2007. The market …

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RIL and Mukesh Ambani fined for ‘manipulative trades’

MUMBAI: Markets regulator Sebi fined Reliance Industries, Mukesh Ambani and two other entities a total of Rs 70 crore on Friday for alleged manipulative trading of the shares of Reliance Petroleum, which merged with RIL in 2009 in a case that was dates back to 2007. Sebi, in his 95-page …

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Xiaomi sells 350,000 Mi 11 units in 5 minutes

At the end of last month, Xiaomi took the wraps off the Mi 11, the world’s first smartphone to be powered by Qualcomm’s Snapdragon 888 chipset. Today, the company had its first sale of the device in its local China market, and it looks like it was a resounding success. …

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Market Watch: What stocks could be in the overbought zone?

Welcome to ETMarkets Watch, the show on stocks, market trends and money making ideas. I am Nikhil Agarwal and here are the main headlines right now. Sensex Welcomes 2021 with Longest Weekly Streak in a DecadeOxford COVID-19 Vaccine Approved by Expert Panel for IndiaDecember 2020 GST collections hit all-time high …

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