Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal

Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook’s 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares.Read…

5G Testbed to Be Set Up in Mhow Under MoU Signed by Military Institute, IIT Madras

A 5G testbed will be set up at a military engineering college in Mhow, Indore, to help the Indian Army use the technology for its operational use, especially along the borders, the defence ministry said on Monday. The facility will be established by the Military College of Telecommunication Engineering (MCTE) in collaboration with the Indian…