The IRDAI in its order said that Policybazaar had failed in complying with the Regulations on Insurance Web Aggregator Regulations issued in 2013 and 2017 which had been created to protect the interest of the policyholders and regulate the business of web aggregation.
India's one of the largest public sector bank, Punjab National Bank (PNB) has collected Rs 278.66 crore from the poor account holders as a penalty in the financial year 2018-19 for not maintaining the minimum balance. According to PNB data, the penalty amount of Rs 278.66 crore is 32 per cent more than the amount recovered in the last financial year (2017-18).
The National Green Tribunal has junked a plea to review its order imposing a fine of Rs 25 lakh on the Bihar government for inaction over continued damage to the river Ganga.
The National Green Tribunal on Tuesday refused to review its order imposing an interim penalty of Rs 10 crore on three builders in Gurgaon for violation of environmental norms and damaging the environment.
While a one lakh fine is for defecating in the open, a Rs 1.5 lakh penalty is for scattering garbage. A copy of the challan has also been sent to the event management company which made arrangements for the weddings, S.P. Nautiyal, Executive Officer of the Joshimath municipality said.
The district authorities have imposed a penalty of Rs 8.30 lakh on 17 private schools for charging excessive fees from students, officials said Saturday.
If you witness an accident on the road, you may or may not help the victim, but if you make a video of the episode and cause a traffic situation, be prepared for a penalty, the Noida police announced Thursday.
The autogiant in 2015 had admitted to fitting 11 million vehicles worldwide with "defeat devices", a software designed to trick regulators into thinking that the cars met the emissions standards.
A statutory inspection of Axis Bank, with reference to its financial position as on March 31, 2016, revealed "violations of various regulations issued by RBI in the assessment of NPAs", or bad loans, the central bank said in a statement.
The survey to find people's take on the cyber security mechanism to protect their data said that 20 per cent were "somewhat confident" while 23 per cent were "quite confident" about UIDAI being able to protect their Aadhaar details
Notably, the demand was made just two days before the MLAs checked in, by the Congress’ own government in Karnataka
New Delhi: In a bid to curtail use of tobacco among children, The Narendra Modi government in its latest draft of Juvenile Justice act has made selling of tobacco products to children punishable up to
Road accidents in India account for the death of 15 persons every hour, the highest number of road accident deaths in the world, data released by Consumer Voice, a non-profit organisation, has revealed.
New Delhi: Failure to answer questions from the tax department can entail a penalty of up to Rs two lakh from the next financial year under the new black money law, which has got the
Kolkata: Delhi Dynamos manager Harm van Veldhoven on Sunday slammed the match referee for turning down a penalty appeal against their skipper and start Italian recruit Alessandro Del Piero.Del Piero, who was substituted by Brazilian
New Delhi: The government on Monday imposed an additional penalty of USD 579 million on Mukesh Ambani led- Reliance Industries for producing less -than targeted natural gas from its eastern offshore KG-D6 block.The total penalty
FORTALEZA, Brazil (AP) -- Full of tears and inconsolable, the World Cup's leading scorer is going home.James Rodriguez put Colombia back into the match against Brazil by scoring a late penalty Friday, but it wasn't
RIO DE JANEIRO : Arjen Robben said sorry for one first-half dive against Mexico. Just don't expect another apology from the Netherlands forward just for being himself.Robben said Monday he won't change his playing style
Sao Paulo: Organizers may as well give the FIFA World Cup to Brazil right now, according to Croatia's Dejan Lovren, after the defender found himself at the center of a penalty controversy in his team's
Mumbai: The Reserve Bank today asked banks not to levy penalties on customers who don't maintain a minimum balance in any inoperative account as part of a consumer protection initiative.“It is advised that henceforth banks
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