Sebi rejects Anil Ambani’s plea in Yes Bank case, ED probe continues: Report
Sebi has turned down industrialist Anil Ambani’s bid to settle charges related to Yes Bank investments, reported Reuters, citing documents. This could leave him facing penalties of no less than Rs 18,280 crore. The case relates to investments worth Rs 21,500 crore made by Reliance Mutual Fund, then owned by Ambani, in Yes Bank’s additional…