The government has made police verification of SIM card dealers mandatory and discontinued the provision of bulk connections to curb fraudulent activities, Union minister Ashwini Vaishnaw said on Thursday. The minister said that the government has disconnected 52 lakh mobile connections. While 67,000 dealers have been blacklisted, 300 FIRs have been filed against SIM card dealers since May 2023.
The Board of Control for Cricket in India is "very unhappy" with Fair trade regulator Competition Commission of India's decision to impose a hefty penalty of Rs 52.24 crore for indulging in anti-competitive practices and is planning to seek legal recourse in this regard.
India has voted against a UN General Assembly draft resolution calling for moratorium on the use of death penalty, saying it fails to recognise each nation's "sovereign right" to determine its legal system and punish criminals according to its laws.
This is the third enforcement action against a Tata Group airline in over a month.
Michael Schumacher blamed himself for a red flag error that wrecked his Hungarian Grand Prix hopes.
The incident came to the notice of the Directorate General of Civil Aviation (DGCA) only on January 4 and the latest actions are for violations of various norms.
Do not keep a large portion of your long-term portfolio in FDs.
The Competition Commission on Wednesday imposed a fine of Rs 52.24 crore on the Board of Control for Cricket in India (BCCI) for anti-competitive practices with respect to the Indian Premier League.
The regulatory gap between crypto firms registered with the Financial Intelligence Unit-India (FIU-India) and unregistered offshore entities is expected to narrow, industry players said, after global crypto players Binance and KuCoin received approvals to register with India's anti-money laundering unit.
After the preliminary examination, the market regulator found that certain entities, including Indiabulls, had executed irregular and non-genuine trades.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.
The Supreme Court on Monday stayed proceedings before the Delhi High Court on a petition filed by Reliance Infocomm challenging BSNL's decision to impose a penalty of Rs 182.7 crore (Rs 1.82 billion) for alleged re-routing of international calls as l
The former world number two, Alexander Zverev has repeatedly rejected the claims by his former girlfriend Brenda Patea that she was a victim of bodily harm during an argument in 2020, his lawyers have said.
The central and state governments on Friday failed to evolve a consensus on imposing the death penalty for rape convicts. The day-long meeting of chief secretaries and director generals of police, convened by the Centre in the wake of the gangrape of a girl in Delhi, discussed threadbare various ways to curb crimes against women and agreed to take steps for the protection of women and initiating speedy trial and conviction of criminals.
Fernando Alonso's Formula One title hopes could suffer a knockout blow when the sport's governing body decides Ferrari's fate at a Paris hearing on Wednesday.
HSBC Mexico said it paid a 'fine imposed by the National Banking and Securities Commission (CNBV), amounting to MXN 379 million (about $27.5 million), in connection with non-compliance with anti-money laundering systems and controls, including reporting requirements with regard to unusual transactions, as well as other prudential regulations.'
The Supreme Court has chided the airline companies for frequent loss of passengers' baggage and upheld a Rs 9.3 lakh penalty imposed on international carrier Royal Jordanian Airlines for misplacing a couple's baggage.
The Chhattisgarh government has imposed a fine of Rs 53,092 on the official who allegedly drained out 41 lakh litres of water from a reservoir to retrieve his mobile phone.
Shares of Bharti Airtel on Wednesday fell 6 per cent amid reports that the government is learnt to have approved levying of Rs 650-crore penalty on the company for violating roaming norms in 13 service areas between 2003 and 2005.
The exercise of forwarding case papers and judgement of 26/11 special court to the Bombay High Court for confirmation of death penalty imposed on terrorist Ajmal Kasab would take at least three months, special public prosecutor Ujjwal Nikam said.
In its second ruling against Google in less than a week, the Competition Commission on Tuesday slapped a penalty of Rs 936.44 crore on the internet major for abusing its dominant position with respect to its Play Store policies.
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
It would be perfectly possible for a rogue customer to disconnect a call and then claim compensation.
Traders' body CAIT has filed a complaint with the Ministry of Consumer Affairs against a Flipkart advertisement featuring Bollywood star Amitabh Bachchan on the upcoming Big Billion Days sale, terming the advertisement as "misleading". The Confederation of All India Traders (CAIT) in its complaint to the Central Consumer Protection Authority (CCPA) termed the advertisement "misleading" and against the country's small retailers. It has also sought withdrawal of the advertisement, according to a statement. CAIT demanded that a penalty be imposed on Flipkart as per relevant provisions of the Consumer Protection Act for "false or misleading advertisement" and imposition of a Rs 10 lakh fine on Bachchan.
Refuting the allegations of TRAI that the telecom service providers are making huge gains in the sector, the firms had said they have been investing hugely on the infrastructure.
Telecom major Bharti Airtel on Friday expressed concern over the manner in which penalties are being imposed for different violations of licence terms and conditions, and said operators have collectively paid over Rs 1,000 crore (Rs 10 billion) so far to the government as fines.
The Bombay high court on Thursday quashed the death penalty awarded to lone convict Himayat Baig in the 2010 German Bakery blast in Pune due to lack of evidence, but confirmed the life sentence imposed on him for possession of explosives.
In a huge relief, an appellate court in Qatar has commuted the death sentence of eight former Indian Navy personnel, arrested in an alleged case of espionage in August 2022.
While supporting death for those convicted in terror cases and for waging war against the country, the report, 'The Death Penalty' said that although there is no valid penological justification for treating terrorism differently from other crimes, concern is often raised that abolition of capital punishment for terror-related offences and waging war will affect national security.
Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.
Competition watchdog CCI has asked about two dozen banks and housing finance companies, including HDFC, ICICI Bank, and LICHF, to explain their imposing penalty on borrowers for pre-payment of home loans. The Competition Commission of India, according to official sources, has sent notices to major home loan players after examining a report of Director General (Investigations) which found evidences against banks for misusing their dominant position.
The governing FIA had reported both drivers to stewards after their cars failed post-race checks
The order followed complaints against DLF Gurgaon Home Developers.
The Supreme Court on Wednesday upheld the power purchase agreement between Tata Power Company (TPC) and BEST, a public sector unit, for electricity allocation in Mumbai.
Reserve Bank of India on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC guidelines. The central bank has also slapped a fine of Rs 90 lakh on IDBI Bank. A monetary penalty of Rs 93 lakh has been imposed on Axis Bank for non-compliance of certain directions issued by RBI, the regulator said in a release.
Pakistan on Tuesday hanged its 100th convict since a moratorium on death penalty was lifted in December last year, prompting rights group Amnesty International to call it as a "shameful milestone".
A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of lawyer Prashant Bhushan, appearing for NGOs 'Common Cause' and the Centre for Public Interest Litigation, that the plea needed to be listed for hearing at the earliest.
The Bombay high court on Wednesday berated the Maharashtra government for not appointing a new special public prosecutor (SPP) to represent it in the appeals arising from the 2006 Mumbai serial train blasts case.
The NSE held 25 to 100 per cent stakes in these entities through its subsidiary NSE Investments as of September.
