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Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Business

Sebi slaps Rs 94 lakh fine on 17 entities for fraudulent trade...

The entities have violated provisions of the Prohibition of Fraudulent and Unfair Trade Practices norms, Sebi said.

30 March 2019 3:11 PM IST

More than 2 billion devices worldwide are powered by Google software. (Photo: AP)

Business

EU fines Google USD 1.7 billion for abusing online ads market

Last year, Vestager hit the company with a record 4.34 bn euro fine following an investigation into its Android...

20 March 2019 5:23 PM IST

Austria said in January that it would tax firms like Google, Amazon, Facebook and Alibaba 3 percent of their advertising revenue from within Austria.

Technology

Austria pressing ahead with digital tax after EU-wide plan fails

Austria said it would hold off on implementing that plan until an EU finance ministers' meeting this week.

16 March 2019 10:09 AM IST

Coca Cola. (Photo: Representational Image)

Business

Forum slaps Rs 25,000 fine on Coca-Cola's bottling arm

Forum directed the respondents to pay Rs 8 as well to the petitioner -- the price at which he bought the worm-infested...

14 March 2019 9:23 AM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

RBI slaps Rs 1 cr fine on Yes Bank for non-compliance in Swift...

Swift is the global messaging software used for transactions by the financial entities.

5 March 2019 11:06 AM IST

Ahmedabad, which is becoming stringent with its cleanliness laws, was recently selected as the top city in national cleanliness survey. (Photo: File)

Newsmakers

First case of its kind: Man fined for spitting in public place

Mahesh Kumar, a resident of eastern suburb of Naroda had to pay the authorities a fine of Rs 100

28 April 2019 4:01 PM IST

Facebook CEO Mark Zuckerberg pauses while testifying before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election. (AP Photo/Andrew Harnik, File)

Technology

FTC considering oversight of Facebook's Zuckerberg

The Post previously reported the FTC is considering hitting Facebook with a multibillion-dollar fine.

21 April 2019 11:14 AM IST

After a series of privacy scandals, Facebook needs to regain users trust as it prepares to roll out a single messaging service combining Facebook messenger, WhatsApp and Instagram. (Photo: AP)

Technology

Tech firms face fines, jail over violent content under new Australian...

Technology firms said they are already working on the issue.

5 April 2019 9:54 AM IST

In April 2015, the regulator issued a show cause notice to the bank for alleged violation of portfolio managers norms.

Business

Citibank settles case with Sebi, pays Rs 4.5 crore

Sebi has decided not to initiate any enforcement action against the bank.

2 April 2019 8:38 AM IST

Gaya MP Hari Manjhis son Rahul Manjhi, along with his friend, was arrested by the police in a drunken state on Sunday and was sent to Gaya central jail for violating prohibition law. (Representational image)

World

3-year jail term sentenced to Indian-origin US Uber driver on...

In addition to prison term, Parmar was ordered to pay USD 3,642 in restitution and forfeiture.

28 Jun 2019 10:55 AM IST

In addition to the massive fine, Facebook will also agree to a series of new restrictions such as conducting preview review of every new product and obtaining consent to create new facial recognition models. (Photo: ANI)

Technology

Facebook slapped with record USD 5 billion fine by FTC

Facebook will also pay USD 100 million to the Securities and Exchange Commission for failing to disclose the breach to...

25 July 2019 7:43 AM IST

Zomato is encouraging its customers to change their account password, if used for any other services, to avoid risks.

India

Zomato, Pune restaurant fined Rs 55,000 for serving chicken instead of...

According to Zomato, the lawyer complained against the food delivery platform to defame it as it had refunded his...

8 July 2019 10:14 AM IST