New Order On Kishore Biyani Won't Hit Reliance Deal, Says Future Retail

The markets regulator has banned a retail tycoon from accessing the securities markets for a year on charges of insider trading, complicating his battle to keep his companies afloat. The Securities & Exchange Board of India barred Kishore Biyani, his brother, and one of his holding vehicles, saying a company that's part of their Future Group traded in the shares of group flagship Future Retail in 2017 during a period when it had unpu...