Alvi Writes To Sebi, Wants Sec Informed Of Charges Against Ril

Member of Parliament Raashid Alvi has written to Securities & Exchange Board of India chairman DR Mehta, demanding that the market watchdog inform the Securities & Exchange Commission in the US of the charges of insider trading levelled by him against Reliance Petroleum Ltd.

This would help the US market regulator arrive at a decision on the public offering planned by Reliance there, he said in the letter.