The Central Consumer Protection Authority (CCPA), a federal regulator, has imposed a penalty of ₹3 lakh on Sriram’s IAS, which trains aspirants for civil-services examination, for misleading and exaggerated claims in its advertisements, according to CCPA chief commissioner Nidhi Khare. CCPA fines IAS coaching firm for misleading ad (Getty Images/iStockphoto) Khare, who is also the … Read more
The Delhi government will on Thursday hold an emergency meeting regarding the water crisis that the city is facing amid a prevailing heatwave, officials said. The national capital is facing water shortage due to unprecedented summer heat with temperatures hovering around the 50 degrees Celsius mark in parts of the city. The meeting, to be … Read more
New Delhi: The Financial Intelligence Unit-India (FIU-IND) has imposed a penalty of Rs 5.49 crore on Paytm Payments Bank Ltd for violations of money laundering prevention rules, the Union Finance Ministry said on Friday. “FIU-IND initiated a review of the Paytm Payments Bank Ltd on receipt of specific information from law enforcement agencies in respect … Read more
The Supreme Court on Monday asked Chitra Ramkrishna, the former managing director and chief executive officer of the National Stock Exchange of India (NSE), to deposit half of the ₹25 lakh penalty amount that was confirmed by the Securities Appellate Tribunal (SAT) in the dark fibre and leased line connectivity case. A bench led by … Read more
Mahindra & Mahindra on Friday said it has been imposed a penalty of Rs 4.12 crore over input tax credit claim and education cess credit balance carry forward from pre-GST regime to GST regime in relation to its two-wheeler business. In a regulatory filing, Mahindra & Mahindra said it has received an order from the … Read more
