Tag Archives: Sebi fines RIL

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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