RNRL & Reliance Infra punished by SEBI : Would Rpower be affected?

by G John wesley on Saturday, January 15, 2011

RNRL & Reliance Infra punished by SEBI : Would Rpower be affected?

Link to IndianStocksNews.com

RNRL & Reliance Infra punished by SEBI : Would Rpower be affected?

Posted: 15 Jan 2011 05:36 AM PST

SEBI has passed a consent order regarding the Reliance Infra, RNRL investigation which showed misrepresentation of investments. Reliance Infra, RNRL, Anil Ambani and four other directors have paid settlement fees of Rs 50 crore towards the consent order.Reliance Infra and RNRL can't make investments in the secondary markets up to December 2012 following this order by SEBI. And Anil Ambani and

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