Sebi levies Rs 1 crore fine on GV Films, officials in GDR manipulation case
Sebi, which conducted an investigation during March-April, 2007 to ascertain norms violation, found that GV Films issued 6.4 million GDRs for USD 40 million in April 2007 and all the GDRs were subscribed by only one entity, Whiteview Trading Corporation.
Threat to kill actor Prakash Raj, Brinda Karat, Kumaraswamy
The threat was posted in a letter penned in Kannada on Raj's Twitter handle dated...
Sebi slaps Rs 1.89 cr fine on 21 entities for fraudulent trading in Sarang Chemicals' shares
Penalties levied by the regulator on the entitie...
Delta Air Lines fined $50,000 for discriminating against Muslim passengers
Delta Air Lines was on Friday fined USD 50,000 by the US Department of Transportation to settle allegations it discriminated against three Muslim passengers who were ordered off their planes.
Sebi levies Rs 20.4 lakh fine on 4 firms for fraudulent trade in illiquid stock options
The orders follow a probe conducted by the regulator between April 2014 and September 2015.
Sebi comes out new framework to check non-compliance of listing rules
According to a Sebi circular, exchanges can impose a fine of Rs 50,000 per instance for non-compliance with respect to obtaining in-principle approval of bourses before issuance of securities.
Cocoon Fine Rugs founder Ayush Choudhary maps out the countries and trips that shaped him
Vibrant metros inspired some of Choudhary’s collections.
Volkswagen hit with big Polish fine over Dieselgate
"The fine for Volkswagen Group Polska is more than 120 million zlotys... the largest fine ever handed out by UOKiK for a consumer rights violation," the watchdog stated.
Sebi fines Zee Group Rs 9 lakh for disclosure lapses
The regulator has levied a fine of Rs 6 lakh on 25FPS Media Private Limited and Rs 3 lakh on Zee Media Corporation Ltd (ZMCL), Securities and Exchange Board of India (Sebi) said in an order.
SAT upholds Sebi's Rs 2,423 cr fine on PACL directors
The company and its directors had mobilised funds to the tune of over Rs 2,686 crore by running unregistered collective investment schemes between 2013 and 2014.
Fine-dining chains smell the money in delivery-only brand
Firms utilise their excess kitchen capacity and cloud kitchens to cash in on the food-delivery boom.
Central Railway nets Rs 155 crore in fines from ticketless passengers
This is 14.44 per cent higher than the fines of Rs 135.56 crore recovered during the same period in 2018, he added. In a release, CR said it had earned Rs 12.20 crore from ticketless travellers in December, 2019 as against Rs 10.40 crore during the same month in 2018, an increase of 17.30 per cent.
Start work or pay Rs 1 crore fine a day, H-Rera tells Greenopolis builders
The Haryana Real Estate Appellate Tribunal had earlier rejected developers’ plea to stay the order passed by H-Rera in January last year, where H-Rera imposed a penalty on the developers and attached 10 acres of their land for not completing the project on time.
No interference, only fine-tuned rules: RS Sharma
Telecom Regulatory Authority of India (Trai) chairman RS Sharma rejected accusations of micromanagement and interference in the pricing of television channels.
Hallmarking of gold jewellery mandatory now. Here's what you need to know
The way you buy gold changed from January 15 as hallmarking has now become mandatory. There are four components that you should look for on the hallmarked gold jewellery to ensure the purity of gold. Here is a look at each of them in detail.
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