The Reserve Bank on Thursday asked card companies not to issue unsolicited credit cards or upgrade an existing card without the explicit consent of the customer, failing which they will have to pay double the billed amount as penalty. It also asked card issuers and third-party agents not to resort to intimidation or harassment during recovery of dues from customers. In its master directions on credit card and debit card issuance, the RBI said "the issue of unsolicited cards/upgradation is strictly prohibited".
ASCI and Ayush ministry get down to monitoring print and television ads of ayurvedic, unani, homeopathic and yoga and naturopathy practitioners.
While the move has been welcomed by the ad industry as well as consumer activists, many still complain that advertisers do not take ASCI rulings seriously, and instead choose to move court to seek relief or press charges against a rival for an offending ad.
The complaint seeking registration of a first information report on cheating, criminal conspiracy and other charges was filed in the court of Chief Judicial Magistrate Mukesh Kumar here on Tuesday by Tamanna Hashmi, who identifies himself as a social worker and is often in news for his numerous court complaints against politicians over various issues.
It was a disturbing message in the sense that the regulatory framework is not clear enough and is not always applied in a convincing manner.
Patanjali will respond to the notices received from the two regulators shortly
Currently, there is no regulation or any ban on the use of cryptocurrencies in the country.
Channels across the board from news to general entertainment, music and movies telecast half-hour to one-hour advertorials promoting these products, mainly during non-prime time hours
The information and broadcasting ministry has decided to lodge FIRs against the publications for producing "misleading" circulation data to fraudulently obtain its advertisements.
Though the current framework applies to online advertisements as well, these pilot projects would lead to tighter screening on the Internet.
Buyers suffer because they often don't know the relevant details.
The Monopolies and Restrictive Trade Practices Commission on Wednesday banned consumer electronics major LG Electronics from advertising its 'Mangal Hi Mangal Offer' gift scheme, saying the advertisement was "deceptive".
Nestle says newly manufactured Maggi found safe in tests; to start retail sales this month.
The eye-popping cover has her posing in just a bodysuit!
Celebrities endorsing Maggi can face action If Maggi is tested of high content of MSG.
Pending consumer dispute cases are at an all-time high.
Locking horns over who made Delhi polio-free, ruling Congress on Monday moved the Election Commission against Bharatiya Janata Party's chief ministerial candidate Harsh Vardhan accusing him of making "false and distorted claims" on his role in the campaign when he was the Health Minister.
"The allegations may be right or maybe wrong. He may say he did not say any such thing... It needs to be looked into," said the judge.
If a product claims to be 'Made with Natural Ingredients', this may mean that one ingredient is natural. However it does not mean the product is 100% natural, cautions Pavitra K, lead, new product development, True Elements.
The iconic touch screen handset iPhone, it seems, is not as smart as it claims, with the United Kingdom advertising watchdog on Wednesday banning a television ad for over-hyping its Internet capabilities and misleading the consumers.
Non-Resident Indians for a Secular and Harmonious India, along with three other organisations of NRIs, have asked the New York Times to disown the remarks made against Congress President Sonia Gandhi in a full page advertisement by the Gandhi Heritage Foundation on Saturday. In a letter sent to the editors of the paper, the organisations said that the advertisement was not only in 'extremely poor taste' but also 'misleading and offensive'.
The government has warned telecom operators against marketing or advertising their services below 256 kbps download speed as broadband.
In their advertisements to attract investors to public offers, companies can be more creative and innovative as long as they are not misleading and contain necessary disclosures of associated risks and other facts, Sebi chief U K Sinha feels.
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
Twitter highlighted 2 of Trump's tweets that falsely claimed mail-in ballots would lead to widespread voter fraud.
Shah said opposition parties led by the Cong misled people on CAA and disturbed the atmosphere of Delhi. Delhi will go to polls next year and HM exuded confidence that 'lotus will bloom'.
The Delhi high court on Wednesday issued summons to Ramdev on a lawsuit by several doctors' associations for allegedly spreading misinformation against allopathy amid the COVID-19 pandemic, saying that the plea was not frivolous and a case for its institution was 'definitely' made out.
The government is in the process of finalising guidelines which have been drafted to deter the advertising industry from making unsubstantiated and misleading claims about their products.The guidelines are based on the recommendations of the committee set up by the Food Safety and Standards Authority of India to investigate claims made by Hindustan Unilever Ltd about 'Kissan Amaze'.
The cryptocurrency industry on Wednesday urged the government to take a nuanced approach towards regulating crypto assets in India and asked investors in the country to remain calm and not arrive at a rushed conclusion, a day after the government listed for introduction a Bill to ban all such cryptocurrencies, with some exceptions.
'Celebrities have to make sure they do enough due diligence on their own before they sign up multi-million dollar contracts.' 'Today, it is just easy money. Lend your name, lend your face and laugh your way to the bank.'
Such investments come with their own share of risks and buyers may need to hold on for at least 5 to 10 years.
Auto giant Bajaj Auto has landed in trouble for its "misleading and deceptive" advertisements as a consumer court has asked it to compensate a scooter owner who was lured into buying the vehicle due to the company's allegedly false claims on its mileage.Holding the auto-major guilty of causing "mental agony and harassment," Justice Kapoor directed the company to pay Rs 15,000 to New Delhi resident Karan Pal Singh, whose four-stroke scooter gave him an average of 34 km a litre
In the ongoing tug-of-war for supremacy in the Indian car market, Hyundai blinked first by withdrawing 'temporarily' its advertising brochure 'Xing ahead of the Swift' in response to a legal notice served last week.
Indicating the onset of a fierce battle in the domestic car market, auto leader Maruti Udyog on Friday demanded an apology from competitor Hyundai for engaging in "false, misleading and deceptive" campaign against its new\nproduct 'Swift' or face the
Reacting to the statement Jio said that the admission by Ookla reinforces Jio's submission that there is a clear contamination in primary data collected by Ookla in India, where nearly 90 per cent of smartphones are dual SIM devices
While members are bound to listen to ASCI, the self-regulator has frequently faced resistance from non-members, who've challenged its authority to redress grievances of complainants
'Going forward, whatever faculty positions we fill we expect to do so consistently with the quota requirements.'
Acting on a complaint lodged against the Bharatiya Janata Party's national president Amit Shah's "firecrackers in Pakistan" comment, the state election office on Friday sought report from the returning officer on the remark.
Besides criticising CM Arvind Kejriwal on scores of issues, Shah alleged the AAP government made only promises throughout its tenure and now in the last three months, public money was being spent on advertisements for its announcements.
