Anil Ambani reviewing securities market ban, to take appropriate steps
Anil Ambani, the chairman of Reliance Group, is examining “appropriate” options in response to the Securities and Exchange Board of India’s (Sebi) exclusion from the stock market and Rs 25-crore penalties for allegedly diverting funds from Reliance Capital’s former subsidiary Reliance Home Finance (RHFL). A representative for Ambani issued a statement stating that he had … Read more
