India's market regulator accuses Reliance of wrongful share trading

MUMBAI (Reuters) - India's market regulator accused Reliance Industries on Friday of having committed a "fraud" in taking a short trading position at the time of selling a stake in a subsidiary in 2007, ordering it to surrender 4.5 billion rupees ($69 million) plus interest in "unlawful gains".

from Reuters: Technology News http://ift.tt/2mZtMEM