INSIDER TRADING Subject: Economics     Context : The Andhra Pradesh High Court on Wednesday quashed cases filed by the CID alleging insider trading in land transactions — during the tenure of the Telugu Desam Party. Concept: Insider trading is the buying or selling of a publicly-traded company’s shares/debt papers by someone who has […]

    INSIDER TRADING Subject: Economics Context: The Securities and Exchange Board of India (Sebi) imposed penalties totaling Rs 70 crore on Reliance Industries Ltd (RIL), its chairman & managing director and two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) in November 2007. Concept: The RPL case […]