The Bengaluru Water Supply and Sewerage Board (BWSSB) has imposed fines on 22 families worth Rs 1.1 lakh for utilising drinking water for non-essential purposes such as car washing and gardening amid a crippling water shortage. Each household has been directed to pay a penalty of Rs 5,000 for violating the water supply board’s… Continue reading Bengaluru water crisis: 22 families fined Rs 1.1 lakh for wasting water | India News
Tag: lakh
ED finds Rs 22 lakh from driver’s house after raids against Senthil Balaji
Unaccounted valuables worth more than Rs 16 lakh and Rs 22 lakh in cash were allegedly recovered from the premises of a driver after fresh searches were conducted against Tamil Nadu minister V Senthil Balaji and others in connection with a money laundering probe, the Enforcement Directorate said on Saturday. The searches were… Continue reading ED finds Rs 22 lakh from driver’s house after raids against Senthil Balaji
NFRA slaps 10-year ban, imposes Rs 5 lakh fine on auditor for lapses
The National Financial Reporting Authority on Thursday slapped a penalty of Rs 5 lakh and a 10-year ban on an auditor for alleged professional misconduct in the audit of Bartronics India Ltd for 2013-15. Bartronics India Ltd (BIL) is listed on BSE and NSE. In its order, NFRA said that it had… Continue reading NFRA slaps 10-year ban, imposes Rs 5 lakh fine on auditor for lapses
Sebi slaps Rs 30 lakh fine on 6 for indulging in non-genuine trades
Capital markets regulator Sebi has slapped fines totalling Rs 30 lakh on six entities for indulging in non-genuine trade in the illiquid stock options segment on the BSE. In six separate orders on Monday, the regulator imposed a fine of Rs 5 lakh each on Shrenil L Zaveri, Skyrail Logistics, New Star System… Continue reading Sebi slaps Rs 30 lakh fine on 6 for indulging in non-genuine trades
Meesho says it removed 42 lakh counterfeit products from its platform
Meesho said that it has introduced additional proactive mechanisms and powerful technology tools to identify, block and remove counterfeits. One of the key pillars of the SoftBank-backed firm’s strategy is ‘Project Suraksha,’ an umbrella initiative that encompasses multiple strategies to combat counterfeit and restricted products. Under this project, Meesho has implemented stringent verification processes, engaged… Continue reading Meesho says it removed 42 lakh counterfeit products from its platform
Sebi imposes Rs 13 lakh fine on two former executives of Wockhardt
Market regulator Sebi has imposed penalties totalling Rs 13 lakh on two former executives of Wockhardt for flouting insider trading norms. The regulator has slapped a fine of Rs 12 lakh on Yatendra Kumar and Rs 1 lakh on Shashi Kant Tiwari. The order came after Sebi conducted an investigation into the… Continue reading Sebi imposes Rs 13 lakh fine on two former executives of Wockhardt