The penalty imposed on Ambani was ₹25 crore, while he was also debarred from the market for five years. In an order dated August 22, Sebi had alleged siphoning off of money from RHFL by doling out loans to borrowers linked with the promoters.
This story is from the October 15, 2024 edition of Business Standard.
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This story is from the October 15, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The Maverick Who Founded HBO
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Auction of 11 critical mineral blocks called off
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Navi Mumbai Airport Set To Begin Commercial Ops In May 2025: AAHL
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Manmohan Singh's economic reforms of the 1990s
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First Mover Mantra
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Build debt fund portfolio diversified across duration
Take limited exposure to longer-duration funds in coming year
Rely on rolling returns, not point-to-point data
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