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CCI slaps Hyundai with fine of Rs 420.26 cr for restricting open sale of spare parts

Jul 28, 2015

CCI slaps Hyundai with fine of Rs 420.26 cr for restricting open sale of spare parts

Coming down hard on carmakers found to be restricting sale of spare parts in open market, fair trade regulator CCI on Tuesday imposed a penalty of Rs 420.26 crore on Hyundai Motor India and asked two others -- Reva and Premier -- to 'cease and desist' from anti-competitive practices. #Business #NewsTracker #Maruti #CCI #Hyundai #Premier #Hindustan Motors #Reva #Fair Trade Regulation
Activist Teesta Setalvad records statement before CBI in FCRA violation case

Jul 20, 2015

Activist Teesta Setalvad records statement before CBI in FCRA violation case

Activist Teesta Setalvad on Monday recorded her statement before the CBI in connection with a case against her firm for allegedly receiving around USD 2.9 lakh in foreign donations in violation of Foreign Contribution Regulation Act (FCRA). #NewsTracker #CBI #Teesta Setalvad #Foreign Contribution Regulation Act #FCRA #Javed Anand
This is political vendetta, says Teesta Setalvad as CBI raids her house and office in Mumbai

Jul 14, 2015

This is political vendetta, says Teesta Setalvad as CBI raids her house and office in Mumbai

CBI today carried out searches at premises of social activist Teesta Setalvad and her organisation in connection with a case of alleged violation of Foreign Contribution Regulation Act in receiving funds from abroad without taking prior permission from the home ministry. #CBI #Mumbai #Teesta Setalvad #Foreign Contribution Regulation Act #Javed Anand
Vijay Mallya fined over Forex used for advertising in 1995 Formula One

Jul 13, 2015

Vijay Mallya fined over Forex used for advertising in 1995 Formula One

The payments for promoting Mallya's Kingfisher brand were made without the required approval from the RBI #Motorsport #Vijay Mallya #Kingfisher #formula one 1995 #foreign exchange regulation act #vijay mallya forex case
What the mindless Maggi ban shows: The weak state strikes again

Jul 13, 2015

What the mindless Maggi ban shows: The weak state strikes again

The ban on Maggi noodles tells what what is wrong with our food regulation. We are extolling the odd food recall as some kind of heroic act against bad MNCs when it is nothing of the kind. #ConnectTheDots #FSSAI #Weak State #Maggi ban #Adulterated Food #Indian Food Regulations
Japan confirms plan to resume whale hunting despite global objection

Jun 22, 2015

Japan confirms plan to resume whale hunting despite global objection

Japan's chief whaling negotiator confirmed on Monday its ships would return to the Antarctic this year, despite a call by global regulators to provide more evidence that the hunt has a scientific purpose. #Japan #NewsTracker #Antarctic #Regulators #Evidence #ships #whaler #whale hunt
Good news: Maharashtra to create regulatory body for home buyers

Jun 16, 2015

Good news: Maharashtra to create regulatory body for home buyers

The Maharashtra government will soon appoint a regulatory body to safeguard interests of home buyers after the Centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill. #NewsTracker #Housing #Maharashtra #home buyers #Regulator
US court rejects telecom companies' appeal to suspend net neutrality rules

Jun 12, 2015

US court rejects telecom companies' appeal to suspend net neutrality rules

New U.S. Internet traffic regulations, known as net neutrality rules, will go into effect on Friday after a federal appeals court rejected the telecommunications industry's request to partly suspend their implementation while they are being litigated. #World #Internet #US #NewsTracker #AT&T #federal court #FCC #Net neutrality #save the internet #Internet Traffic Regulations
Govt cancels licence of 4470 NGOs, including Manish Sisodia's Kabir

Jun 10, 2015

Govt cancels licence of 4470 NGOs, including Manish Sisodia's Kabir

In another round of action against erring NGOs, the government has cancelled the licence of 4,470 such entities that surprisingly included a number of top universities, Supreme Court Bar Association and Escorts Heart Institute, which bars them from receiving foreign funds. #NewsTracker #NGO #Foreign Contribution Regulation Act #FCRA #Supreme Court Bar Association #Escorts Heart Institute
CCI penalty: DLF deposits Rs 525 crore with SC; to pay rest by early July

May 21, 2015

CCI penalty: DLF deposits Rs 525 crore with SC; to pay rest by early July

In August 2011, the CCI had found DLF violating fair trade norms and imposed a fine of Rs 630 crore #DLF #Housing #CCI #SC #trade regulator