India market regulator fines Reliance Industries, chairman over share trades - Reuters

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By Reuters Staff

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FILE PHOTO: Mukesh Ambani, chairman of Reliance Industries Limited, poses for photographers before addressing the annual shareholders meeting in Mumbai, India, June 12, 2015. REUTERS/Shailesh Andrade

NEW DELHI (Reuters) - India’s market regulator said on Friday it fined Reliance Industries 250 million rupees ($3.42 million) and its chairman Mukesh Ambani 150 million rupees, in relation to trading Reliance Petroleum shares.

($1 = 73.1200 Indian rupees)

Reporting by Krishna N. Das; editing by John Stonestreet

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