Regulations

  • Delhi HC finds BJP, Congress guilty of taking foreign funding 28-03-2014 01:32 PM

    New Delhi: In a huge blow to the Congress and the BJP just ahead of the elections, Delhi High Court has held both the national political parties guilty of taking foreign funding and violating the Foreign Contribution Regulation (FCR) Act. The High Court found them guilty of taking donations from...
  • Cabinet may take up coal regulator proposal on Thursday 19-02-2014 08:52 PM

    New Delhi: The Cabinet is expected to consider on Thursday the proposal for setting up a regulator for the coal sector through an executive order. "The Cabinet may tomorrow consider the proposal to set up coal regulator through an executive order," said a source. Coal Minister Sriprakash Jaiswal had earlier...
  • DGCA asks private airlines to treat MPs as VIPs 29-01-2014 03:09 PM

    New Delhi: Aviation regulator Directorate General of Civil Aviation has asked all airlines and airports to treat MPs as VIPs and adhere to the guidelines on protocol norms. DGCA has asked private airlines to offer special privileges to MPs including advance notice of flight delays, escorts, priority check-in, security, immigration...
  • Lawyer fined for revealing pseudonymous author was JK Rowling 02-01-2014 11:44 PM

    A lawyer who blew JK Rowling's cover when she wrote a detective novel under the pseudonym Robert Galbraith has been fined 1,000 pounds and received a written warning from a British legal watchdog. Chris Gossage, a partner at Russells Solicitors, which represented the Harry Potter author, leaked one of the...
  • TRAI imposed Rs 5 crore fine in 2013 for poor service, pesky calls 02-01-2014 10:25 AM

    New Delhi: Telecom regulator TRAI imposed fines totalling about Rs 5 crore in 2013 on operators for poor services and on telemarketers for pesky calls. The regulator disconnected 9 lakh numbers and blacklisted over 1.74 lakh unregistered individuals for making pesky calls and SMSes during the year. "Rs 2.8 crore...
  • Google faces antitrust probes in India, Europe, 3 other jurisdictions 31-10-2013 11:12 AM

    Washington: Internet major Google is facing probes by fair trade regulators in India, Europe and three other jurisdictions for alleged anti-competitive practices. Competition authorities in Argentina, Brazil and Taiwan have also opened investigations into certain aspects of Google's business, according to the company. Fair trade watchdogs have the mandate to...
  • Excessive regulation can impede financial innovation, says C Rangarajan 16-09-2013 02:27 PM

    Pitching for a non-restrictive regulation in the financial sector, Prime Minister's key economic advisor C Rangarajan said on Monday that too many norms can impede financial innovations. "Too little regulation may encourage financial instability, but too much of it can impede financial innovations which are badly needed," he said at...
  • TRAI recommends up to 81 pc cut in spectrum auction base price 09-09-2013 05:50 PM

    New Delhi: The telecom regulator on Monday recommended sharp cuts in reserve prices for the next round of spectrum auctions after previous efforts at selling the airwaves failed. The Telecom Regulatory Authority of India (TRAI) also said no spectrum would be reserved for existing players when their licences expire and...
  • Japan: More tank leaks found at Fukushima Dai-ichi Nuke Plant, say officials 02-09-2013 04:35 PM

    Japan's top nuclear regulator has raised safety concerns about hastily built storage tanks and their foundations amid reports of new leaks of radiation-contaminated water. Nuclear Regulation Authority Chairman Shunichi Tanaka said on Monday that a small leak and signs of possible leaks have been spotted at several other Fukushima Dai-ichi...
  • Inspections of Fukushima plant done carelessly: Nuclear Regulation Authority 23-08-2013 03:29 PM

    The operator of Japan's wrecked Fukushima nuclear plant was careless in monitoring tanks storing dangerously radioactive water, the nuclear regulator said on Friday, the latest development in a crisis no one seems to know how to contain. Tokyo Electric Power Co. also failed to keep records of inspections of the...
  • TRAI tightens screws on pesky callers with Rs 5,000 fine per complaint 22-08-2013 05:35 PM

    New Delhi: Coming down heavily on pesky callers, telecom regulator TRAI today said phone connections of banks, insurance firms and realty players will be disconnected if rules of unwanted calls and messages are flouted by them, or on their behalf. The new rules issued by the authority include a fine...
  • Notices issued to 246 telemarketers for violating norms 11-08-2013 12:44 PM

    New Delhi: In a bid to rein in pesky calls and text messages, telecom regulator TRAI has blacklisted 15 telemarketers and issued notices to 246 of them, while deducting Rs 1.36 crore security deposit for violations of various norms. According to official data, 15 telemarketers have been blacklisted from September...
  • British regulator fines Indian-origin brokers, 2 others for RIL GDR manipulation 08-08-2013 07:03 PM

    London: British regulator FCA on Thursday fined an India-origin broker and two others in a case of financial market manipulation here by an Indian businessman in securities of Reliance Industries Ltd (RIL). While a 6 million pound (Rs 56 crore) fine has already been imposed on the Indian businessman, Rameshkumar...
  • Reading newspaper as a punishment for jaywalkers in China 29-07-2013 02:24 AM

    Traffic police in China's Shanghai city have introduced an innovative punishment for jaywalkers -- reading newspaper. Jaywalkers and drivers of non-motorised vehicles who break traffic regulations in Shanghai can opt to pay a fine or read newspaper coverage of traffic accidents in public, state-run China Daily reported on Sunday. The...
  • Sebi gets more powers; can arrest, detain defaulters 22-07-2013 05:30 PM

    New Delhi: In a major upgrade of powers given to Sebi, the government has allowed it to pass orders like search and seizure, attachment of properties, arrest and detention of defaulters and pass disgorgement directions to recover the wrongful gains made in contravention of laws. At the same time, the...
  • Walmart violated Indian rules governing foreign investment: CBI 20-07-2013 09:08 AM

    Mumbai: Walmart Stores Inc violated Indian rules governing foreign investment, the Central Bureau of Investigation (CBI) said in a letter to a member of Parliament seen by Reuters. The CBI said in the letter that according to its analysis, Walmart's investment violated Reserve Bank of India guidelines and Foreign Exchange...
  • Govt approves proposal to give Sebi more powers 17-07-2013 07:11 PM

    New Delhi: The government on Wednesday approved a proposal to amend Sebi Act for providing more powers to the market regulator to crack down on ponzi schemes. The decision, which will also give Sebi powers to conduct search and seizure operations and access call data records, was taken at a...
  • Cabinet meets to replace DGCA with a new Civil Aviation regulator 11-07-2013 12:01 PM

    New Delhi: The Cabinet met on Thursday to consider a proposal to replace the Director General of Civil Aviation (DGCA) with a new regulator, that would have full operational and financial autonomy. The government sources said the Cabinet was considering to set up Civil Aviation Authority (CAA) to take over...
  • Delhi shops flout Supreme Court ban on tobacco ads 02-07-2013 05:23 AM

    New Delhi: Delhi has not adhered to the Supreme Court ban on shops displaying tobacco advertisements, said a survey released on Monday. The survey by the Voluntary Health Association of India (VHAI) was carried out on 55 retail outlets in Delhi. "Tobacco retail shops are still displaying tobacco advertisements despite...
  • TRAI may get power to penalise the service provider 30-06-2013 04:35 PM

    New Delhi: The government has mooted a proposal for giving powers to telecom and broadcasting sectors regulator TRAI to penalise service providers for failing to comply with rules and regulations. The Telecom Ministry in an ongoing inter-ministerial consultation has said that "jurisdiction to impose penalties through a transparent process for...
  • Google, Microsoft, Yahoo warned by US regulators to label ads better 26-06-2013 10:57 AM

    San Francisco: US regulators warned leading Internet firms including Google Inc. to better identify paid ads in search results, particularly as new technology such as mobile services and voice-based online services become more common. The US Federal Trade Commission said on Tuesday it had sent letters to 24 Internet search...
  • Money laundering investigation should be done by ED: Aniruddha Bahal 21-06-2013 06:02 PM

    Successive Cobrapost investigations has shown private and nationalised Indian banks as well as foreign banks flouting RBI rules and regulations. How can the banking industry be streamlined? Aniruddha Bahal, editor-in-chief of Cobrapost.com, joined IBNLive readers for an interaction on the matter. Q. At present all the know your customer is...
  • Hospitals, chemists to wait for regulatory word on Ranbaxy 09-06-2013 12:51 PM

    New Delhi: Drug regulator DGCI is conducting a "focussed scrutiny" of medicines sold by Ranbaxy and some other drugmakers, but says it remains confident of the quality standards of Indian medicines despite concerns raised by US authorities over some of Ranbaxy's products. While the company continues to assert that its...
  • Cabinet approves Real Estate Regulator Bill 05-06-2013 11:17 AM

    New Delhi: Cabinet has approvedthe Real Estate Regulator Bill to prevent arbitrary and false claims by the builders while advertising and selling flats and houses. According to the bill, builders have to register all their projects with the state regulatory authority and must deliver the projects within the stipulated period....
  • Cabinet clears Real Estate Bill, discussion on Food Bill on Friday 04-06-2013 07:35 PM

    New Delhi: The Cabinet on Tuesday cleared the Real Estate Regulator Bill, but did not take up the Food Security Bill, saying it will be discussed on Friday. Sources said the Congress is likely to push for an ordinance on the Food Security Bill, despite divisions within the government. While...
  • IPL: Centre, BCCI get notice for 'promoting' liquor brands 30-05-2013 08:40 PM

    New Delhi: The Centre, BCCI and a TV channel have been directed by the Delhi High Court to respond to a PIL alleging that Indian Premium League (IPL) platform was used for promotion of liquor brands and it was aired by the channel in violation of law. A division bench...
  • Azad writes to food regulator on bottled water safety 11-05-2013 03:56 AM

    New Delhi: After complaints about safety of bottled water sold in the national capital, Health Minister Ghulam Nabi Azad has written to the food regulator to check the bottling plants supplying such drinking water in Delhi and their water sources. The minister has also written to the Food Safety and...
  • Regulators pull J&J plant license on quality concerns 04-05-2013 06:11 AM

    Health officials in India have revoked Johnson & Johnson's license to make cosmetics at a plant outside Mumbai after they discovered the company had used an unauthorized process for sterilizing its baby powder. J&J said in a statement on Friday that it is in "ongoing discussions" with Indian regulators. "We...
  • SAT to hear Subrata Roy's plea against Sebi today 13-04-2013 07:34 AM

    Mumbai: The Securities Appellate Tribunal (SAT) will on Saturday hear Sahara Group chief Subrata Roy's plea against market regulator Sebi's attachment order of his bank accounts and other assets, along with those of two group firms and their top executives. The Tribunal will on Saturday hold its "preliminary hearing" of...