The Securities And Exchange Board Of India - agree, rather
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Securities And Exchange Board Of India (SEBI): Objectives, Functions, Structure, Role - CommerceBan imposed due to insider trading allegations.
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Also, a fine of Rs 1 crore has been imposed on all. SEBI has asked the three to deposit Rs This case of insider trading is from March-April Future retail shares gained momentum with this move. There will be no effect on the deal with Reliance.
The company says that this order will have no effect on future plans. Hence, there will be no problem in proceeding with the deal with Reliance.
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Delhi High Court asked to maintain status quo on deal with Reliance. The Delhi High Court has asked Future Retail to maintain the status quo until a final decision is reached on the deal with Reliance Industries. The order has been given by the High Court due to opposition from giant e-commerce company Amazon. Last week, the High Court Indiz that an interim order was needed to protect the interests of Amazon.
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Future Retail-Reliance deal was signed in August. The deal was done for Rs 24, crore. Reliance had signed the deal to expand the retail business in the country. Home Good Morning Images Sign in. Log into your account.
Password recovery. Forgot your password? Get help. Festivals Only these Pass are valid. On this day, keeping the silence and not uttering harsh words, attains the title of Muni.]
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