The Securities Appellate Tribunal (SAT) on Monday set aside the penalty imposed by Sebi on Reliance Industries Ltd's chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. The ruling has come after all the entities appealed before the tribunal against the order passed by the Securities and Exchange Board of India (Sebi) in January 2021. In January 2021, Sebi imposed a Rs 25 crore fine on Reliance Industries Ltd(RIL), Rs 15 crore on Ambani, who is the company's chairman and managing director, Rs 20 crore on Navi Mumbai SEZ Pvt Ltd and Rs 10 crore on Mumbai SEZ Ltd in RPL case.
The TMC team went there at the instruction of party supremo and West Bengal Chief Minister Mamata Banerjee.
Four persons, including a six-year-old girl, were injured in two explosions that rocked he city's commercial hub Fancy Bazaar on Saturday.
WhatsApp hoax triggers lynching of two others in Maharashtra's Aurangabad.
RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks
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