Tag: penalty
Irdai imposes Rs 1 cr penalty on Tata AIG, ICICI Lombard
Insurance regulator IRDAI has slapped a penalty of Rs 1 crore each on Tata AIG General Insurance Company and ICICI Lombard GIC for violation of norms and regulations.
Impose penalties and address vacancies in information commissions, says Justice Lokur
Recently, the former Supreme Court Judge, Justice (Retired) Madan Lokur has pointed towards some pressing concerns regarding the present number of large vacancies in...
Johnson & Johnson must pay $8 billion for causing gynecomastia as...
Pharmaceutical giant, the leading company Johnson & Johnson must pay $8 billion in punitive damages to a man for failing to warn that a psychiatric drug could cause female breast tissue growth in males termed gynecomastia, a jury in the US state of Pennsylvania ruled on Tuesday.