US regulators have found that three Amazon warehouse facilities exposed workers to "ergonomic hazards", including putting them at high risk for lower back injuries and other musculoskeletal disorders
Aviation safety regulator DGCA took 305 enforcement actions, including imposing financial penalties against various operators and individuals, among others for non-compliance of various norms during 2022, an official statement said on Sunday. The Directorate General of Civil Aviation (DGCA) has the mandate to enforce civil air regulations, air safety and airworthiness standards. There were 305 enforcement actions taken by the regulator during the year, the DGCA said in the statement. These enforcement actions were taken against various airlines, including scheduled as well as non-scheduled operators, airport operators and flying training organisations for failing to adhere to laid down safety standards and norms and compromising safety of aircraft operations, the DGCA said. Actions were also taken against erring pilots, cabin crew, air traffic controllers (ATCOs), aircraft maintenance engineers and various post holders for non-compliance to laid down regulations and SOPs, it ...
Non-promoter shareholding in the company exceeded the 10% ceiling prescribed for TReDS operators
The Reserve Bank on Monday said it has imposed a penalty of Rs 2.66 crore on Bank of Bahrain & Kuwait BSC, India operations for non-compliance with directions on cyber security framework. In a statement, the Reserve Bank of India (RBI) said the bank failed to implement systems to detect unusual and unauthorised, internal or external activities in its database. It also failed to implement security operations centre for obtaining real-time/ near-real time information and insight into the security posture of the bank, and enable audit logs for database and operating system of servers, among others, as per the statement. A notice was issued to the bank asking it to show cause as to why penalty should not be imposed on it for failure to comply with the directions issued by RBI. "After considering the bank's reply to the notice, oral submissions made during personal hearing and additional submissions made by it, RBI came to the conclusion that the charge of non-compliance with the ...
The PCAOB found that Lakhani and certain other engagement team members signed off on blank placeholder work papers in KPMG India's electronic audit software
Meeting that deadline will allow you to claim refund on excess tax deducted
The Reserve Bank of India on Monday announced penalties on 13 cooperative banks for contravention of various regulatory norms. The penalties range between Rs 50,000 and Rs 4 lakh. The maximum penalty of Rs 4 lakh has been imposed on Shri Kanyaka Nagari Sahakari Bank, Chandrapur, and Rs 2.50 lakh fine on The Vaidyanath Urban Co-operative Bank, Beed. A penalty of Rs 2 lakh each has been slapped on Wai Urban Co-operative Bank, Satara and Indore Premier Co-operative Bank, Indore. For contravention of various norms, a penalty of Rs 1.50 lakh each has been imposed on Patan Nagarik Sahakari Bank, Patan and The Tura Urban Cooperative Bank, Meghalaya. The other banks on which have penalties been imposed are: Nagrik Sahakari Bank Maryadit, Jagdalpur; Jijau Commercial Co-operative Bank, Amravati; Eastern & North-East Frontier Railway Co-op Bank, Kolkata; Jila Sahakari Kendriya Bank Maryadit, Chhatarpur; Nagrik Sahakari Bank Maryadit, Raigarh; Jila Sahakari Kendriya Bank Maryadit, Bilaspur; .
Any delay in dividend payment beyond seven working days to attract interest charge at 15% a year; investors to get redemption money within three working days, from 10 earlier
An FIR has been lodged against a high-rise society resident after his pet dog bit a six-year-old child inside their building's lift in Greater Noida (West), a police official said Thursday. The Greater Noida Authority also slapped a penalty of Rs 10,000 on the pet owner and asked him to bear the medical expenses of the child. According to the complaint lodged by the police, the child was returning to his 16th-floor home in La Residentia society after school on Tuesday and he was with his mother inside their building's lift. The CCTV footage of the episode also made its way to social media, purportedly showing the dog lunging at the child and biting on his arm. There were only three people -- the child in the school uniform, his mother and the pet owner -- besides the dog in the lift at the time, the footage showed. The mother and the child were in the lift, which went to the basement of the building before going up. In the basement, another building resident entered the lift along
Compliance burden could go up manifold if new proposals get implemented, say legal experts
Google has already been fined in previous two cases for "abusing its market dominant position" in connection with the Android mobile device ecosystem
They were protesting against glitches in the MCA portal
Three young informants, Umar Javeed, Aaqib and Sukarma Thapar finally forced the tech giant, Google to cough up a whooping fine of Rs 1,338 crore for abusing its dominant position
Regulator will by next year have a system enabling data storage of trades between exchanges, ensuring work is not affected in a cyberattack
More probes were completed than in the previous year
Tech giant was yesterday ordered to pay Rs 937 cr as penalty for abusing dominant position of its app store
Slapped with a second hefty fine for anti-competitive practices, Google India on Wednesday said it remains committed to users and developers and is reviewing the antitrust body's order to evaluate next steps. The Competition Commission of India (CCI) on Tuesday slapped a Rs 936 crore fine on Google for "abusing" its dominant position on its Android mobile app store and ordered it not to prevent app developers from using third-party billing or payment processing services in India. That penalty came just days after a Rs 1,337.76 crore fine was imposed on it for abusing the dominant position of its Android smartphone operating system. Commenting on Tuesday's CCI order, a Google India spokesperson said Indian app developers have benefited from the technology, security, consumer protection, choice and flexibility that Android and Google Play provide. "And, by keeping costs low, our model has powered India's digital transformation and expanded access for hundreds of millions of Indians,"
Regulator suggests eight corrective steps
Capital markets regulator Sebi has imposed penalties totalling Rs 15 lakh on six entities in a case pertaining to front-running the trades of Deutsche Mutual Fund, which is now known as DHFL Pramerica Mutual Fund. Those penalised by Sebi are -- Kanchan Jena, Hemlata Dei Jena, Malati Lata Jena, Jayant Chhaparia, Abhishek Chhaparia and Progressive Share Brokers. They have been directed to pay the fine within 45 days, according to two separate orders passed by Securities and Board of India (Sebi) on Friday. Sebi found that the Fund Manager (FM) of Deutsche Mutual Fund (DMF) and his parents had employed a scheme to 'front run' the orders of the DMF and also were involved in every step that led to the fruition of the scheme, from the beginning till the withdrawal of the wrongful gain of the front running trades. However, three sisters -- Kanchan Jena, Hemlata Dei Jena, Malati Lata Jena -- Jayant Chhaparia, Abhishek Chhaparia facilitated them in executing front-running trades during the
After Europe, the Indian antitrust regulator has slapped a penalty of Rs 1,338 cr on Google for leveraging its dominant position and breaking competition rules. Can the CCI make Google mend its ways?