Tuesday, June 21, 2022

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.

from Gadgets 360

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Xiaomi Mix Flip 2 Confirmed to Launch Later This Month With Leica-Branded Cameras

Xiaomi has started teasing the Xiaomi Mix Flip 2 in China and the foldable is confirmed to debut later this month. The upcoming clamshell fo...