No ''Maggi'' hearing at apex consumer court on Friday

Last Updated: Friday, August 14, 2015, 13:03

Hearing on the the Rs.640-crore class action suit filed by the Indian government against Nestle India, alleging unfair trade practices with regard to Maggi noodles was not heard at the apex consumer disputes forum on Friday.

Google facing 4 cases for alleged abuse of dominance: Govt

Last Updated: Wednesday, August 12, 2015, 15:46

The Competition Commission of India has directed investigation against global technology giant Google in four separate cases for alleged abuse of dominant position, Parliament was informed on Wednesday.

Govt damage claim from Nestle India can go beyond Rs 640 cr

Last Updated: Wednesday, August 12, 2015, 15:43

The damage claim from first of its kind class action suit against Nestle India is likely to go beyond Rs 640 crore as the government is "tabulating further damages" for selling "defective and hazardous" Maggi noodles.

Govt to seek Rs 426 crore damages from Nestle India over Maggi

Last Updated: Tuesday, August 11, 2015, 14:28

The government will seek Rs 426 crore as damages from the Indian unit of Swiss giant Nestle for allegedly indulging in unfair trade practices and misleading advertisements related to Maggi, its banned noodles product.

CCI fines Hyundai Rs 420 cr; Reva, Premier also face flak

Last Updated: Tuesday, July 28, 2015, 19:17

The carmakers were found to be restricting sale of spare parts in open market.

General insurers to challenge Rs 671 crore CCI penalty

Last Updated: Thursday, July 16, 2015, 23:13

State-owned non-life insurers are "surprised" at the Rs 671-crore penalty that fair trade watchdog CCI on Thursday slapped on them for allegedly forming a cartel and rigging the tender floated by Kerala government to select insurance provider for Rashtriya Swasthya Bima Yojna.

Service Tax: Penalty norms encouraging voluntary compliance

Last Updated: Wednesday, June 3, 2015, 18:29

In case of voluntary payments along with interest, reduced penalty have been provided depending upon the stage of litigation i.e. Prior to issuance of show cause notice, after issuance of show cause notice but before adjudication or after adjudication.

Takata faces questions over air bag fix as recalls expand

Last Updated: Tuesday, May 26, 2015, 23:49

Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force.

Takata to recall 34 million vehicles; largest in US auto history

Last Updated: Wednesday, May 20, 2015, 08:57

Japanese air bag manufacturer Takata Corp is doubling a recall of potentially deadly air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday.

Sebi restrains three firms from raising fresh funds

Last Updated: Friday, May 8, 2015, 21:12

Finding alleged violation of norms, Sebi on Friday barred three firms and their senior executives from raising fresh funds till further directions.

Goldman Sachs must face $120 million suit over mortgage securities-court

Last Updated: Thursday, May 7, 2015, 22:19

ACA says it lost approximately $900 million on the deal when the subprime mortgage market collapsed.

IRDA imposes Rs 60 lakh penalty on United India Insurance

Last Updated: Monday, April 27, 2015, 23:25

Insurance regulator IRDA Monday imposed a penalty of Rs 60 lakh on state-owned United India Insurance Company Ltd for violation of various regulatory provisions.