Friday, May 2, 2025

SAT upholds Sebi order penalising RIL, 2 execs

The Securities Appellate Tribunal (SAT) has upheld SEBI's ₹30-lakh penalty on Reliance Industries and two compliance officers for delayed disclosure of Facebook's Jio Platforms stake purchase in 2020. SEBI's investigation revealed news of the deal circulated in March and April 2020, prior to RIL's official announcement on April 22.

from Economic Times https://ift.tt/jzQUFYs

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Dollar stays near 18-month high as Mideast conflict, inflation data in focus

The dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor ...