Anil ambani: Sebi bans Anil Ambani, 24 other entities from securities market for 5 years
Concluding that industrialist Anil Ambani, who had declared himself bankrupt before a UK Court back in February 2020, orchestrated a fraudulent scheme to siphon off funds from Reliance Home Finance, markets regulator Sebi has barred him from the securities market for five years. The regulator has also imposed a hefty penalty of Rs 25 crore … Read more
