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CUSTOMS AUTHORITIES PENALTY
South Korea fines Coupang $409 million in country's largest data breach penaltyThe Personal Information Protection Commission said the New York-listed company had leaked personal data of more than 33 million customers ...- At FIFA World Cup stadiums, there will be zero tolerance for drones because of the threat they poseSecurity is heightened for the World Cup with a strict no-drone policy over stadiums. Law enforcement has new powers to disable or shoot do...
- The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- Top cases on the United States Supreme Court's docketThe U.S. Supreme Court is reviewing significant cases. These cases cover voting rights, presidential authority, immigration policies, and g...
- Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K BankJammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...
- Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
- NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearingThe appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear ...
- One of Iran's most powerful families founded its largest crypto exchange. It's used by the IRGC to move millionsIran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...
- Insurance dark patterns: How customers pay higher premiums and buy unnecessary add-ons online, explain Deloitte India’s Aakash Sharma & Suchintan ChatterjeeDeloitte India’s Aakash Sharma & Suchintan Chatterjee talk to Yasmin Hussain on insurance dark patterns.
- Bank pays Rs 3.21 lakh compensation to customer for delay in credit card closure; know what RBI rules sayAs per the Reserve Bank of India, any failure on the part of the card-issuers to complete the process of closure within 7 working days shal...
- Indian restaurant in Canada to face liquor licence suspension for serving alcohol to minorTaaz Indian Restaurant in Kelowna faces a 10-day liquor licence suspension. The establishment served alcohol to a minor agent without verif...
- Voltas gets Rs 23.52 crore customs demand over import misclassificationCustoms authorities have issued a Rs 23.52 crore demand notice to air-condition maker Voltas. This action follows allegations of mis-classi...
- Export rule-breaking: A good many offences could soon see punishments reducedNew Jan Vishwas Bill: The proposed amendments reflect a broader policy push towards reducing criminal liability for business-related offenc...
- SBI receives Rs 6,338 crore income tax demand for AY24State Bank of India is contesting a Rs 6338 crore income tax demand for assessment year 2023-24. Meanwhile, IDBI Bank faces a Rs 5.5 crore ...
- Customs authorities impose Rs 2.76 cr penalties on IndiGo; airline to appeal against ordersIndiGo faces penalties totaling over Rs 2.76 crore from customs authorities in Ahmedabad and Chennai for alleged customs duty discrepancies...
- Customs authority imposes Rs 92.04 cr penalty, Rs 10 cr fine on VedantaVedanta has been penalized Rs 92.04 crore and fined Rs 10 crore by the Tuticorin customs authority. Despite this, the company anticipates n...
- Customs authority slaps over Rs 14 crore demand and penalty on Escorts KubotaThe Commissioner of Customs (Adjudication), Delhi Zone has passed an order confirming the demand of Rs 4,42,10,867 along with applicable in...
- Raymond probe: Customs eyeing penalty on Gautam Singhania yacht seizureThe customs intelligence unit, Mumbai is finalizing two show cause notices to be issued against apparel major Raymond and its chairman and ...
- Processed nuts to attract excise dutyThe Supreme Court on Thursday ruled that packaging of processed cashew nuts, peanuts, almonds etc in the form of dry roasting, oil roasting...
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