#penalty
Supreme Court sets aside CCI’s ₹202 crore penalty on Amazon in Future Coupons case
The top court has ordered the refund of any amount deposited with interest, overturning the regulator’s action over Amazon’s 2019 Future Coupons investment and disclosure allegations.
Yes Securities Barred from Onboarding New Clients for 3 Months Over Margin Violations , NSE Slaps ₹1 Lakh Penalty
RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entities
The Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data reporting. Mintifi Finserve was fined for delayed customer KYC record uploads. Newa Investments was penalized for appoi…
CCI levies Rs 50 lakh penalty on Manipal Group for not disclosing stake hike in Aakash Educational Services
The Competition Commission of India has fined Manipal Group Rs 50 lakh. This penalty is for not disclosing stake increases in Aakash Educational Services. Manipal Health Systems, Manipal Education, and Medical Group India failed to notify the antitrust watchd…
Vedanta arm Talwandi Sabo Power faces Rs 127 crore penalty
Vedanta's subsidiary, Talwandi Sabo Power Ltd, must pay approximately Rs 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd. The Supreme Court upheld a penalty for misdeclaration of availability in January 2017. This power plant is cr…
Income tax returns: What is the deadline to file ITR for FY26? Top FAQs answered on penalty, forms and delayed returns
Taxpayers should be aware of the necessary documentation and deadlines for filing ITR. For FY2025-2026, the deadline is 31 July 2026, with delayed filing until 31 December, incurring additional costs.
NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearing
The appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear the Aditya Birla Group firm again. NCLAT found Grasim was not given a chance to present arguments after the CCI differed…
NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearing
The appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear the Aditya Birla Group firm again. NCLAT found Grasim was not given a chance to present arguments after the CCI differed…
NCLAT sets aside ₹301.61 crore CCI penalty on Grasim, orders fresh hearing
The appellate tribunal said due process was not followed in imposing the penalty and sent the case back to the regulator for reconsideration.
Vedanta Aluminium told to pay Rs 233 crore for unauthorised water extraction in Odisha
Vedanta Aluminium faces a hefty Rs 233.11 crore demand for unauthorized water extraction. The company allegedly drew large volumes of water daily from Bheden river without permission. This includes base charges, a six-time penalty, and monthly interest. The B…