Page 6 - Penalty

AMCs to be penalised for delay in dividend, redemption payments: Sebi

Any delay in dividend payment beyond seven working days to attract interest charge at 15% a year; investors to get redemption money within three working days, from 10 earlier

FIR, Rs 10,000 penalty on pet owner after dog bites child in Greater Noida

An FIR has been lodged against a high-rise society resident after his pet dog bit a six-year-old child inside their building's lift in Greater Noida (West), a police official said Thursday. The Greater Noida Authority also slapped a penalty of Rs 10,000 on the pet owner and asked him to bear the medical expenses of the child. According to the complaint lodged by the police, the child was returning to his 16th-floor home in La Residentia society after school on Tuesday and he was with his mother inside their building's lift. The CCTV footage of the episode also made its way to social media, purportedly showing the dog lunging at the child and biting on his arm. There were only three people -- the child in the school uniform, his mother and the pet owner -- besides the dog in the lift at the time, the footage showed. The mother and the child were in the lift, which went to the basement of the building before going up. In the basement, another building resident entered the lift along

Sebi's tougher disclosure regime may be a challenge for India Inc

Compliance burden could go up manifold if new proposals get implemented, say legal experts

Google may face a third CCI fine in less than a month. Now for Android TV

Google has already been fined in previous two cases for "abusing its market dominant position" in connection with the Android mobile device ecosystem

Glitches in MCA portal: CAs, CS seek extension in annual filing deadline

They were protesting against glitches in the MCA portal

How three young informants made tech giant Google cough up Rs 1,338 cr fine

Three young informants, Umar Javeed, Aaqib and Sukarma Thapar finally forced the tech giant, Google to cough up a whooping fine of Rs 1,338 crore for abusing its dominant position

Using tech to crack down on insider trading: Sebi's Madhabi Puri Buch

Regulator will by next year have a system enabling data storage of trades between exchanges, ensuring work is not affected in a cyberattack

Sebi's front-running investigations rise even as overall cases dip

More probes were completed than in the previous year

Indian developers benefit from Android, Play: Google on CCI penalty

Tech giant was yesterday ordered to pay Rs 937 cr as penalty for abusing dominant position of its app store

Remain committed to users, developers; evaluating next steps: Google India

Slapped with a second hefty fine for anti-competitive practices, Google India on Wednesday said it remains committed to users and developers and is reviewing the antitrust body's order to evaluate next steps. The Competition Commission of India (CCI) on Tuesday slapped a Rs 936 crore fine on Google for "abusing" its dominant position on its Android mobile app store and ordered it not to prevent app developers from using third-party billing or payment processing services in India. That penalty came just days after a Rs 1,337.76 crore fine was imposed on it for abusing the dominant position of its Android smartphone operating system. Commenting on Tuesday's CCI order, a Google India spokesperson said Indian app developers have benefited from the technology, security, consumer protection, choice and flexibility that Android and Google Play provide. "And, by keeping costs low, our model has powered India's digital transformation and expanded access for hundreds of millions of Indians,"

Play Store policies: CCI lands second blow, Google fined Rs 936 crore

Regulator suggests eight corrective steps

Sebi fines 6 entities worth Rs 15 lakh in Deutsche Mutual Fund case

Capital markets regulator Sebi has imposed penalties totalling Rs 15 lakh on six entities in a case pertaining to front-running the trades of Deutsche Mutual Fund, which is now known as DHFL Pramerica Mutual Fund. Those penalised by Sebi are -- Kanchan Jena, Hemlata Dei Jena, Malati Lata Jena, Jayant Chhaparia, Abhishek Chhaparia and Progressive Share Brokers. They have been directed to pay the fine within 45 days, according to two separate orders passed by Securities and Board of India (Sebi) on Friday. Sebi found that the Fund Manager (FM) of Deutsche Mutual Fund (DMF) and his parents had employed a scheme to 'front run' the orders of the DMF and also were involved in every step that led to the fruition of the scheme, from the beginning till the withdrawal of the wrongful gain of the front running trades. However, three sisters -- Kanchan Jena, Hemlata Dei Jena, Malati Lata Jena -- Jayant Chhaparia, Abhishek Chhaparia facilitated them in executing front-running trades during the

Does CCI have the power to make Google pay the penalty?

After Europe, the Indian antitrust regulator has slapped a penalty of Rs 1,338 cr on Google for leveraging its dominant position and breaking competition rules. Can the CCI make Google mend its ways?

CCI says Google's penalty amount 'provisional', awaits financial details

The penalty of Rs 1,337.76 crore translates to 10 per cent of Google's average of relevant turnover for the last three preceding financial years 2018-19, 2019-2020 and 2020-21

After RBI missive, FIDC asks NBFCs to revise codes of conduct

Has asked them to insert penalty cause for repeated breaches

Ministry proposes to decriminalise law on collection of statistics

No imprisonment for offences like obstructing or deceiving officers, but fines will be increased

Sebi slaps Rs 10 cr penalty on Gautam Thapar for alleged fund diversion

Passes final order in CG Power fund diversion case; also fines Avantha Holdings Rs 5 cr and deal lenders IndusInd Bank and Aditya Birla Finance Rs 1 cr each

Apply for re-computation of income under Rule 132 to avoid tax penalty

Those with income from business or profession, who have availed deduction on cess/surcharge, must do so by March 31

Morgan Stanley to pay $35 mn to settle SEC charges over data security

Morgan Stanley agreed to pay the penalty and settle the case without admitting or denying the allegations.

E-challan in Delhi: How to check status and pay traffic fines online

The penalty can be paid either offline or online, depending on the facility provided by the city/state in which the traffic offence was committed