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Amazon, Appario Retail Asked To Pay Rs45,000 Compensation for 17 Months Delay in Refund

Holding Amazon Seller Services Pvt Ltd and its long-distance unit Appario Retail Pvt Ltd deficient in service and responsible for unfair trade practice, the Delhi (east) district consumer disputes redressal commission directed them to pay a compensation of Rs45,000 for the delay in refunding money to a customer. ....

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Nephew and Niece Sue Baba Kalyani for Share in Family Assets: Report

Sameer Jai Hiremath and Pallavi Anish Swadi, the nephew and niece of industrialist Baba Kalyani, have filed a petition seeking their share in the Kalyani Hindu undivided family (HUF) properties, including stakes in various listed and private companies held under the Kalyani group, says a report. ....

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IRDAI Approves 8 Principle-based Consolidated Regulations, including Setting Up Bima Sugam e-Marketplace

The Insurance Regulatory and Development Authority of India (IRDAI) has approved eight principle-based consolidated regulations, including setting up the insurance e-marketplace Bima Sugam for buying, selling, and servicing insurance policies, and settling claims. ....

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SEBI Slaps Rs7 lakh Penalty on Investopher Research Services for Non-compliance

Market regulator Securities and Exchange Board of India (SEBI) has imposed a Rs7 lakh penalty on Investopher Research Services Pvt Ltd (noticee), a research analyst (RA) from Indore, for non-compliance with directions issued by SEBI. ....

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