They have been directed to pay the penalty within 45 days, the Securities and Exchange Board of India (Sebi) said in its order passed on Friday.
Wadia was arrested in New Chitose Airport in Japan in the month of March 2019. Subsequently, a Japanese court had sentenced him to a two-year jail term. The execution of the jail sentence was suspended for a period of five years.
Ness Wadia was found to be in possession of 25 grams of cannabis resin at the New Chitose Airport in the Japanese island of Hokkaido in March
Tata Communications will provide full suite of media services to reach 40 million Irish and Irish American residents in North America, the company said in a statement.
Both the teams were asked by BCCI to choose from four options after they were ordered to hold all matches outside Maharashtra after April 30 because of drought in many parts of the state.
A big reshuffle was announced within the Wadia Group of companies, reports CNBC-TV18’s Tanvi Shukla.