Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This order had alleged manipulative trading practices by the company. The Supreme Court directed SEBI to refund 2.5 billion rupees to Reliance. The case involved a stake sale in Reliance Petroleum Ltd.

In a landmark ruling, the Supreme Court has sided with Reliance Industries Ltd in a trading case that has spanned over 15 years. The court has annulled a substantial disgorgement…

Supreme Court overturns order for Reliance Industries to repay ₹447 crore, challenging SEBI's findings on RPL share trading.

Supreme Court overturns order for Reliance Industries to return ₹447 crore, citing errors in the Securities Appellate Tribunal's judgment.

Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This order had alleged…

NEW DELHI: The Supreme Court on Friday cleared Reliance Industries (RIL) of the charge of making an illegal and undue gain of Rs 447 crore in 2007 while trading in Reliance…