fine

RBI Fines HDFC For Non-compliance Under NHB Act

March 18, 2023 admin

According to a statutory inspection of HDFC conducted by NHB, it was revealed that the company failed to transfer matured deposits of certain depositors to designated bank accounts of such depositors during the period 2019-20 The Indian Central Bank on Friday imposed a monetary penalty of Rs 5 lakh Housing Development Finance Corporation Limited (HDFC) for non-compliance with certain provisions issued by the National Housing Bank (NHB). According to a statutory inspection of HDFC conducted by NHB, it was revealed that the company failed to transfer matured deposits of certain…

South Korea Fines Meta, Google For Privacy Law Violations

September 14, 2022 admin

South Korea levied tens of millions of dollars in fines on Alphabet’s Google and Meta Platforms for privacy law violations, authorities said on Wednesday. In a statement, the Personal Information Protection Commission said it fined Google 69.2 billion won (USD 50 million) and Meta 30.8 billion won (USD 22 million). The privacy panel said the firms did not clearly inform service users and obtain their prior consent when collecting and analysing behavioural information to infer their interests or use them for customised advertisements. “We disagree with the PIPC’s findings, and…

Delhi Shells Out Rs 22L For Not Wearing Mask – ET HealthWorld

May 7, 2022 admin

New Delhi: In the last fortnight, since the mandate to wear face masks came back in force following an uptick in the number of Covid-19 cases, the district authorities have prosecuted more than 4,500 people and imposed fines amounting to more than Rs 22 lakh for not keeping their faces covered in public. In its meeting on April 20, Delhi Disaster Management Authority (DDMA) decided that not wearing a face mask in public places would attract a penalty of Rs 500. On April 22, Delhi government issued an order stating…

Fortis Healthcare Case: SEBI Slaps Rs 24 Cr Penalties On Singh Brothers, 7 Others

April 20, 2022 admin

A penalty of Rs 1 crore has been imposed on Fortis Healthcare and Rs 50 lakh on Fortis Hospitals. Others who have been penalised are Malav Holdings Pvt Ltd (Rs 2.5 crore), Shivi Holdings Pvt Ltd (Rs 2.5 crore), Gagandeep Singh Bedi (Rs 2.5 crore) and Bhavdeep Singh (Rs 2.5 crore) Markets regulator Sebi on Tuesday imposed penalties totalling Rs 24 crore on nine entities, including businessmen Malvinder Mohan Singh and Shivinder Mohan Singh, in connection with violations in the Fortis Healthcare matter. Passing a 109-page final order, the watchdog…

Mumbai civic body collects total fine of Rs 28 lakh from people for not wearing face masks

February 23, 2021 admin

Mumbai (Maharashtra) [India], February 23 (ANI): The Brihanmumbai Municipal Corporation (BMC) on Sunday collected a total fine of Rs 28 lakhs from 14,000 people who were caught without face masks in public spaces. This comes in light of the rising number of COVID-19 cases being reported in Maharashtra during the last few days. As per a statement, the total fine collected is Rs 32,41,14,800 and the total number persons fined for mask violations is 16,02,536 as of Sunday. Maharashtra on Sunday recorded 6,971 new COVID-19 cases, the highest single-day count…

Max Learning Ventures partners with Finland education firm, concludes first batch of ECE training

February 17, 2021 admin

New Delhi [India], February 17 (ANI/NewsVoir): Learning Matters by Max Learning Ventures Limited has signed an agreement for Early Childhood Education and Care (ECEC) training with Finland International Education (FINE).Under this agreement, Learning Matters concluded their first batch of training on 10th Feb, that was attended by educators from private and government institutions along with parents wishing to avail this learning opportunity.Finnish ECEC is globally recognized for its pedagogical development and academic research. FINE, a member of the Finnish National Education export initiative is excited about this ground-breaking agreement with…

UK media watchdog imposes 50,000 pound fine on Khalsa TV for violent content, terror reference

February 13, 2021 admin

London [UK], February 13 (ANI): The UK media watchdog, Office of Communications (Ofcom) has imposed a fine of 50,000 pounds on Khalsa Television Ltd in Britain for a broadcasting a music video and a discussion programme that contained an indirect call for Sikhs living in the UK to commit violence.The Ofcom said in a statement that the programme also had a terror reference.“We have today fined KTV £50,000 for airing content which had the potential to incite violence and cause harm. KTV also must not repeat the content concerned, and…