SC Upholds ₹30 Lakh Penalty on RIL in Jio-Facebook Deal Case
NEW DELHI, Dec 02 : The Supreme Court on Tuesday dismissed an appeal by Reliance Industries Limited (RIL) and two of its senior officials challenging the Securities Appellate Tribunal’s (SAT) decision that upheld a ₹30 lakh penalty imposed by market regulator SEBI for failing to promptly clarify media reports regarding the Jio-Facebook deal.
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