Reports: Samsung Galaxy Fold to launch in third week of September | Editorji
  1. home
  2. > tech
  3. > Reports: Samsung Galaxy Fold to launch in third week of September
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

SEBI fines Mukesh Ambani, RIL for 'manipulative trades'

Jan 02, 2021 11:30 IST

Markets regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its Chairman and Managing Director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. Fines of Rs 25 crore and Rs 15 crore have been imposed on Reliance Industries Ltd (RIL) and Ambani, respectively. In a 95-page order, Sebi's Adjudicating Officer said any manipulation in the volume or price of securities always erodes investor confidence in the market when investors find themselves at the receiving end of market manipulators.

Tech