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SEBI Fines Mukesh Ambani, Reliance ₹40 Crore For Manipulative Trading In 2007
India's market regulator Securities and Exchange Board of India (SEBI) on Friday, January 1 imposed ₹25 crore penalty on Reliance Industries Ltd. (RIL) and a fine of ₹15 crores on chairman and Managing Director Mukesh Ambani, for allegedly violating trading rules and manipulating shares of Reliance...
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