India’s market regulator fines Reliance Industries
Facebook invested $5.7 billion in Reliance’s Jio Platforms in April 2020. Transaction aided Mukesh Ambani’s Reliance Industries in reducing its massive debt load. SEBI fined Reliance and the two compliance officers 3 million Indian rupees ($38,522). The Indian market regulator fined Reliance Industries and two of its compliance officers on Monday for failing to follow … Read more