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Sebi slaps Rs 5 lakh fine on IFCI Factors, 3 others
Sun, Jan 07, 2018
The regulator observed that the four entities had violated Substantial Acquisition of Shares and Takeovers Regulation for the transactions in shares of Shiva Cement
Fraudulent trade: Sebi imposes Rs 55 lakh on five individuals
Sat, Nov 04, 2017
Markets regulator Sebi has imposed a total penalty of Rs 55 lakh on five individuals for indulging in synchronised trading in the scrip of Shreeyash Industries.
EU hits Google with record $2.7 billion fine
Wed, Jun 28, 2017
EU antitrust regulators hit Google with a record 2.4-billion-euro ($2.7 billion) fine for favouring its own shopping service, taking a tough line in the first of three probes of its dominance in searches and smartphone operating systems.
Railways to pay Rs 75,000 to passenger whose seat was occupied by others
Sun, Jun 04, 2017
The state consumer commission has asked the Indian Railways to pay Rs 75,000 to a man for the inconvenience he suffered when his reserved seat was occupied by unauthorised persons for most part of his journey.
Rs 15 lakh fine: Air India delayed over four lakh passengers beyond two hours in one year
Tue, Apr 18, 2017
On account of unruly passengers that fly Air India, the national carrier has decided to impose a fine of up to Rs 15 lakh on any passengers who delays a flight beyond two hours. The airline said that fine between Rs 5 to Rs 15 lakh will be imposed on such passengers.
NCDRC asks bank to pay Rs 50,000 for delay in processing cheque
Sun, Jan 15, 2017
Indian Overseas Bank has been asked to pay Rs 50,000 by the apex consumer commission to a man for delaying the crediting of a cheque amount of Rs 24,652.82 into his account.
South Korea regulator fines Qualcomm $854 million for violating competition laws
Wed, Dec 28, 2016
South Korea`s antitrust regulator fined Qualcomm Inc 1.03 trillion won ($854 million) for what it called unfair business practices in patent licensing and modem chip sales, a decision the US firm said it will challenge in court.
China fines General Motors' unit $29 million for 'price-fixing'
Sat, Dec 24, 2016
Beijing has fined the Chinese unit of General Motors (GM) nearly $29 million for "infringing on the rights of consumers and its competitors" via price-fixing, Shanghai authorities said.
South Korea to slap VW with record fine of nearly $32 million, pursue executives over emission ads
Wed, Dec 07, 2016
South Korea`s antitrust watchdog said on Wednesday it will file criminal complaints against several executives at Volkswagen AG`s South Korean unit and fine the company a record 37.3 billion won ($31.87 million) for false advertising over its vehicle emissions.
IRDAI imposes Rs 10 lakh penalty on SBI Life Insurance Company
Thu, Sep 22, 2016
Regulator IRDAI has imposed a penalty of Rs 10 lakh on SBI Life Insurance Company for violations of various norms, including guidelines on accepting business from a corporate agent after the expiry of licence.
CCI slaps Rs 6,700 crore fine on 10 cement firms, including ACC, Binani, for cartelisation
Wed, Aug 31, 2016
Competition Commission of India (CCI) on Wednesday imposed more than Rs 6,700 crore penalty on 10 cement companies, including ACC, Binani, Century, UltraTech, for cartelisation.
CCI slaps fine of nearly Rs 73 crore on Lupin; Stock down 0.76%
Tue, Aug 02, 2016
CCI has imposed monetary penalty of nearly Rs 73 crore on pharma company Lupin for allegedly refusing to supply drugs to M/s Maruti & Co., in Karnataka state on account of non-possession of NOC from Karnataka Chemists and Druggist Association (KCDA).