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L&T, Edelweiss illegally sold our shares: Reliance on 55% mcap loss
short by Gaurav Shroff / on 08 Feb 2019,Friday
After Reliance Group saw a 55% drop in its market capitalisation in the last 4 days, the Anil Ambani-led firm has accused L&T Finance and Edelweiss Group of "illegally" selling its pledged shares. "The entities...made open market sales of about ₹400 crore that precipitated a fall of ₹13,000 crore," Reliance said. This comes as Reliance Communications is filing for bankruptcy.
short by Gaurav Shroff / 06:37 pm on 08 Feb
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