Fine

IRDAI's action dates back to June 2020 when it conducted a remote inspection of PolicyBazaar’s operations during its IWA tenure and found irregularities in how it managed the sales processes, disclosures, partnerships, and premium flows.

Bengaluru Metro to carry out physical pat-down checks, fine passengers consuming chewable tobacco

The decision follows a viral video of a Metro passenger questioning his co-passenger for chewing tobacco on a train on April 18

Karnataka governor approves bill to regulate e-commerce platforms selling farm produce; violators face six-months jail, Rs 1 lakh fine

Karnataka Governor Thaawarchand Gehlot has also given assent to other bills including Prohibition of Charging Exorbitant Interest (Amendment), Pawn Brokers (Amendment) and Money Lenders (Amendment).

Bengaluru bans use of potable water for washing car, gardening ahead of summer, Rs 5,000 fine on violation

Bengaluru Water Supply and Sewerage Board (BWSSB) has banned the use of potable water for non-essential activities.

Copy-paste fiasco: Bengaluru civic body slaps Rs 5-lakh penalty on Rodic Consultants for tunnel road DPR

A day after Moneycontrol's report on January 6, New Delhi-based Rodic Consultants Private Limited wrote a letter to Bengaluru's civic body, apologising for the error and stating that action would be taken against the personnel involved.

Akasa Air fined Rs 10 lakh by DGCA for denying boarding to passengers

The passengers had booked a flight from Bangalore to Pune on Akasa flight QP 1437, scheduled for 2050 IST. However, the aircraft was grounded due to foreign object damage, and a replacement plane with nine non-operational seats was provided. As a result, seven passengers were denied boarding.

DGCA fines Air India Express Rs 10 lakh for not complying with rules on giving compensation to passengers

The Indian aviation watchdog added that it had carried out surveillance inspection of scheduled domestic operators in the month of June 2024.

DGCA fines Air India Rs 98 lakh for operating flights with non-qualified crew members

Additionally, the civil aviation watchdog imposed a fine of Rs 6 lakh and Rs 3 lakh on director operations and director training of Air India, respectively.

Insulting medicos online? Karnataka govt notifies 3-month jail term or Rs 10,000 fine for violators

The state government issued a notification after the Karnataka Medical Registration and Certain Other Law (Amendment) Act, 2024, received the Governor’s assent on August 15.

Tata Chemicals Europe fined £1.1 million by UK court over 2016 safety incident

The order relates to an incident of 2016 when a contractor sustained injury at one of the company sites at UK, and subsequently passed away unexpectedly a few weeks after his discharge from the hospital, the company stated

Google hit with 250-mn-euro French fine in news copyright fight

Google had made commitments in 2022 to negotiate fairly with French news organisations, a year after the Competition Authority hit the US tech giant with a 500-million-euro fine over the long-running dispute.

Air India fined Rs 30 lakh over non-availability of wheelchair causing death of elderly passenger

The DGCA has also issued an advisory to all airlines to ensure that an adequate number of wheelchairs are available for passengers who require assistance during embarking or disembarking from the aircraft during their journey.

Tesla ordered to pay $1.5 Million Over Alleged Hazardous Waste Violations in California

A California judge ordered Tesla Inc. to pay $1.5 million as part of a legal settlement involving allegations that the firm mishandled hazardous trash at its auto service centres, energy centres and a factory, according to several county district attorneys.

Bengaluru man sues Railways, IRCTC after parents fined for 'ticketless travel', wins Rs 40,000

The elderly couple, aged 77 and 71, were tagged 'ticketless travellers' and fined by the ticket checker even after they showed him their confirmed tickets.

DGCA issues show cause notice to Air India over CAR rule violations

This is the second action against the airline for the same reason within 1.5 years. The DGCA fined Air India Rs 10 lakh in June 2022 for the same issue.

Fast, then furious: $1.4 million speeding ticket shocked US driver. What happened next

Thankfully, the man's colossal $1.4 million fine was nothing more than a procedural 'placeholder.'

Dutch regulator rejects Apple's objections against fines

The Dutch competition watchdog, ACM, has dismissed Apple's objections and upheld fines totaling 50 million euros ($52.9 million) imposed on the company for non-compliance with regulations designed to curb the dominant position of the Apple App Store.

NFRA imposes 1-year ban, slaps fine on auditor for lapses

In its probe, NFRA found that Anshu had not recognised accrued interest, amounting to Rs 1.4 crore, on loans from banks and NBFCs in violation of the norms.

Govt rolls out mandatory quality standards for lighters, water bottles; violation of rules attracts imprisonment, fine

Now, manufacturing, storing and sale of non-BIS certified products are prohibited as per the BIS Act, 2016.

Sebi slaps Rs 87 lakh fine on 15 individuals for manipulating share prices of Kapil Raj Finance

The Securities and exchange board of India (Sebi) investigated the trading activities of certain entities in the scrip of Kapil Raj Finance Ltd (KRJFL), a BSE-listed entity.

RBI penalises Bihar State Co-op Bank Rs 60.20 lakh for various shortcomings

A notice was issued to the bank, and the fine has been imposed after going through its reply, as per an official statement from the central bank.

Sebi levies Rs 50 lakh fine on 10 entities for indulging in non-genuine trades

The Securities and Exchange Board of India (Sebi) had observed large-scale reversal trades in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange.

DGCA suspends license of Air India pilot who allowed woman friend into cockpit

The DGCA has also imposed a penalty of Rs 30 lakh on Air India for the delay in reporting the episode.

Sebi levies Rs 35-lakh penalty on 7 entities for non-genuine trades

The Securities and Exchange Board of India (Sebi) observed large-scale reversal of trades in the illiquid stock options segment of BSE, leading to the creation of artificial volumes on the bourse.

RBI imposes Rs 44 lakh penalty on 4 co-op banks

The penalties are based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers, the RBI said.