Sebi levies Rs 12 lakh fine on Ganganagar Commodity for misusing clients’ fund

NEW DELHI: Market regulator Sebi on Wednesday slapped a penalty of Rs 12 lakh on commodity broker Ganganagar Commodity Ltd for misusing clients’ funds. The Securities and Exchange Board of India (Sebi) had carried out an inspection of the broking operations of Ganganagar Commodity for the period from April 2017 …

Read moreSebi levies Rs 12 lakh fine on Ganganagar Commodity for misusing clients’ fund

Mukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Billionaire Mukesh Ambani‘s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which has picked up 1.75 per cent stake in its retail arm. Earlier, on September 9, RIL had announced that Silver Lake would invest Rs 7,500 …

Read moreMukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Mukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Billionaire Mukesh Ambani‘s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which has picked up 1.75 per cent stake in its retail arm. Earlier, on September 9, RIL had announced that Silver Lake would invest Rs 7,500 …

Read moreMukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail