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.
Bullish Bets: Vinit Bolinjkar maps out India’s next big market winners
Indian equities are seeing stock-specific action. Market expert Vinit Bolinjkar is bullish on select banking, power, defence, and industrial companies. He highlights mid-sized banks like