US fines Takata $14,000 per day over defective air bag probe

Last Updated: Friday, February 20, 2015, 23:22

The United States is fining air bag maker Takata Corp <7312.T> $14,000 per day for failing to cooperate fully with the government`s investigation into the company`s defective airbags, the U.S. transportation secretary said on Friday.

CCI probe: DLF says will reply after receipt of notices

Last Updated: Thursday, February 12, 2015, 21:58

Facing two fresh CCI probes for alleged unfair trade practices, realty major DLF on Thursday said it will make its submissions once its receives notice from the fair trade watchdog and details are sought from the company.

Sebi bars Megasys Medi from raising funds via securities

Last Updated: Friday, January 30, 2015, 15:17

Capital markets regulator Sebi has restrained West Bengal-based Megasys Medi Life Ltd from raising funds through issuance of securities besides barring the company as well as their directors from the stock market.

ED imposes Rs 1.83 cr penalty on Pune-based builder

Last Updated: Wednesday, January 14, 2015, 20:39

Enforcement Directorate today imposed a penalty of Rs 1.83 crore on a Pune-based construction magnate for alleged Foreign Exchange Management Act (FEMA) violation.

DoT plans to notify new penalty norms within a month

Last Updated: Sunday, December 21, 2014, 11:46

The Department of Telecom is expected to notify new penalty norms within a month that may end the practice of levying maximum penalty of Rs 50 crore for even minor mistakes.

Sebi did not follow procedure while taking action: DLF lawyers

Last Updated: Friday, December 19, 2014, 20:03

Banned by Sebi from the market for three years, real estate major DLF today argued before the SAT that the regulator had not followed the Fraudulent and Unfair Trade Practices (FUTP) rules while penalising the company.

Rs 2179.41 cr penalty imposed on telcos for violating CAF rules

Last Updated: Wednesday, December 10, 2014, 18:18

A total penalty of Rs 2,179.41 crore was imposed on telecom operators till September 30, 2014, for violation of customer verification guidelines, the government said Wednesday.

Operator of bitcoin stock exchange penalized by US SEC

Last Updated: Tuesday, December 9, 2014, 09:00

The operator of a stock exchange that allowed clients to use bitcoins to trade in certain securities was ordered by U.S. regulators to pay $68,000 to resolve claims that he did not register the exchanges.

Sebi fines 6 merchant banks for disclosure lapses in CARE IPO

Last Updated: Friday, November 28, 2014, 18:02

The six merchant banks have been asked to pay a fine of Rs 1 crore -- the maximum penalty applicable for violation of disclosure related norms in IPO documents -- within 45 days.

Sebi imposes Rs 1 crore fine on six merchant bankers

Last Updated: Friday, November 28, 2014, 17:24

The merchant bankers fined by Sebi are Kotak Mahindra Capital, DSP Merrill Lynch, Edelweiss, ICICI Sec, IDBI Capital Market and SBI Cap.

DLF allowed to deposit remaining Rs 480 cr fine in instalments

Last Updated: Friday, November 28, 2014, 14:12

A Bench headed by Chief Justice H L Dattu ordered that the real estate firm will commence the payment of instalments of Rs 75 crore from January 15 next year.

Rajasthan govt hikes penalty for public consumption of liquor

Last Updated: Saturday, February 1, 2014, 20:40

Rajasthan Government has decided to increase the penalty for consuming liquor at public places from existing Rs 50 to Rs 500 for first time violation.