Violation

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.

SC to start hearing Google's plea against Rs 1,338-cr anti-trust fine from Apr 30

The Chief Justice of India (CJI) DY Chandrachud orally indicated that the case will be listed on April 30, 2024. The lawyers for both the sides told the court that they would require four days to argued the case as it raises certain new questions of law.

Sebi receives 4,085 complaints for corporate governance violations in over four yrs: Govt

In complaints against companies related to violation of rules on diversion or misappropriation of funds; material misstatement in financial statements, etc.

IRDAI writes to SEBI to examine Axis Bank-Max Life share deal

According to a CNBC-TV18 report, the IRDAI wrote to SEBI seeking its view on the fair value, wrongdoing or any security regulations violation of the deal.

253 challans issued in Delhi, Rs 32.4 lakh fine imposed over non-compliance of dust norms

government officials have so far inspected 6,868 construction sites under the anti-dust campaign under October 6.

Samsung fined $9.8M for misleading Australian phone ads

Federal Court Justice Brendan Murphy gave Samsung Electronics Australia, a subsidiary of South Korea-based Samsung Electronics Co., 30 days to pay the fines.

Alleged frontrunning case at Axis Mutual Fund | What we Know so Far

Last week, Axis Mutual Fund announced the suspension of two fund managers - Viresh Joshi and Deepak Agarwal - with Viresh also acting as the chief dealer. According to sources, the allegations against the two include front running and price rigging of stocks. Sumaira Abidi explains the timeline of the ongoing probe in this video.

Ahead of IPO, NSE would do well to resolve algo trading controversy

With India's leading stock exchange getting ready for an initial public offering of shares, the algorithmic trading controversy may cast dark clouds as the matter still needs a closure.

Trai for stopping building owners' exclusive pacts with telcos

To stop "restrictive practices" adopted by building owners who give preference to a particular telecom service provider, regulator Trai today recommended that exclusive contracts that prohibit access to other players be treated as "violation" of licence norms.

Notice to Congress, BJP for violating model code of conduct

Uttarakhand's Chief Election Officer has issued notices to state chiefs of Congress and BJP for using social media for advertisement without prior certification, saying it was prima-facie violation of the Model Code of Conduct.

Will present Motor Vehicles Bill in Budget Session: Gadkari

Government today said it would try to present the Motor Vehicles (Amendment) Bill which proposes hefty penalties for violation of traffic norms in the upcoming Budget session, soon after it receives it from Parliament's Joint Select Committee.

Sebi launches prosecution in 568 CIS cases, 1,100 others

Markets regulator Sebi has launched as many as 568 prosecution cases against those collecting public money through illegal investment schemes and nearly 1,100 other cases for violation of securities norms.

FCRA licences of more than 50% NGOs in India cancelled

Licences of around 20,000 of 33,000 NGOs have been cancelled by the government after they were found to be allegedly violating various provisions of the FCRA, thus barring them from receiving foreign funds.

Running low on staff, I-T dept may struggle to scan deposits

For the Income Tax department, shortage of manpower is not a new trouble. What is new is the herculean task of assessing accounts with deposits of Rs 2.5 lakh or more in the old currency.

Telcos paid Rs 6 crore penalty to Trai in a year

"Approximately a total amount of Rs 4,14,75,000 has been received so far. For the show-cause notices issued relating to Unsolicited Commercial Communications, Rs 1,78,35,500 received," Telecom Regulatory Authority of India (Trai) said in its annual report today.

IRDA fines ICICI Lombard Rs 10L for violating norms

Irdai has imposed a penalty of Rs 10 lakh on ICICI Lombard General Insurance Company for violating various insurance norms including modification of policy wordings.

K'taka govt ask Prestige Estate to return 3.28 acres land

Bengaluru-based Prestige Developers has built a premium residential project on the land which has come under the fire.

ED probes Videcon for FEMA violation: Sources

The Videocon group of companies has come under the Enforcement Directorate's scrutiny for alleged contravention of the Foreign Exchange Management Act, sources have told CNBC-TV18.

SAT sets aside Sebi order against Zenith Infotech promoters

Securities Appellate Tribunal set aside an order by the Securities and Exchange Board of India (Sebi) against Zenith Infotech's promoters in asset stripping case. IT said that the regulator's direction were not sustainable in the eyes of the law.

Airtel to drag DoT to court for Rs 650 cr penalty notice

Telecom Bharti Airtel said it will approach the court against the Rs 650 crore penalty imposed by the Department of Telecom for violation of roaming norms in 13 zones.

MPS norms: SAT rejects Gillette's plea; upholds SEBI order

The Securities Appellate Tribunal upheld Sebi's order rejecting Gillette India's proposal on minimum public shareholding norms. It also vacated the interim stay imposed on Sebi with respect to actions to be taken against Gillette India.

EC reprimands Guj Cong chief for remarks against Modi

The Election Commission has reprimanded Gujarat Congress chief Arjun Modhwadia for violation of Model Code of Conduct for his "monkey" remarks against Chief Minister Narendra Modi and for raking up the issue of his married life during campaigning last month.

'Goa mining not be allowed till Environment Impact studies'

Mining companies in Goa have violated rules and regulation in their operations and extraction of ores by them should not be permitted till environment impact assessment is done, a Central Empowered Committee told the Supreme Court today.

Government justifies cash transfer announcement

Government today justified the announcement of its direct cash transfer scheme saying it does not constitute violation of the model code of conduct and does not contain anything new that was not in this year's Budget.

Registration violations: SEC charges 4 Indian brokerages

Four Indian financial services firms agreed to pay nearly USD 2 million to settle US Securities and Exchange Commission charges it provided brokerage services to US institutional investors without being registered, the regulator said on Tuesday.