IFL Promoters matter: Sebi slaps Rs 16.8 million fine on promoter, 7 others
The regulator had observed that Heena Developers had transferred 4,58,190 shares of IFL Promoters to seven other entities in off market transactions.....»»
The Wall Street Journal: Facebook set to pay fine of more than $100 million to settle SEC investigation
The Securities and Exchange Commission is expected to announce a settlement with Facebook Inc. on Wednesday related to claims it inadequately disclosed risks involving its privacy practices, a person familiar with the matter said......»»
Promoters need to give up, be more flexible in their approach: Viswanathan
Former Union law secretary,T K Viswanathan says society will benefit if an enterprise runs in a healthy manner, who ever be the promoter does not matter.....»»
Sebi slaps Rs 1 mn fine on DLF for wrong disclosures from IPO proceeds
The regulator conducted an investigation in the scrip of DLF for the period June-December, 2007 to ascertain any possible violation of the regulation.....»»
U.S. regulators discussed record fine against Facebook for privacy violations
The penalty would be for violating an agreement with the government to safeguard users' personal data, according to people familiar with the matter. The fine is expected to be much larger than the $22.5 million levied against Google in 2012......»»
Cathie Wood Sheds $33.6M Alibaba Shares On Earnings Day
Cathie Wood-led Ark Investment Management on Thursday shed 162,840 shares, worth about $33.6 million, in Alibaba Group Holding (NYSE: BABA) after the company posted its first operating loss as a listed company, as a record regulatory fine it was read more.....»»
State Street agrees to pay $115 million criminal fine for customer overcharges
State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. Department of Justice said on Thursday......»»
: Google slapped with $120 million fine by Italy’s antitrust watchdog
This is yet another chapter in the permanent struggle of European authorities to curb the anticompetitive practices of big internet multinationals......»»
Egypt Reduces Compensation Fine Against Ever Given By $300 Million
Egypt Reduces Compensation Fine Against Ever Given By $300 Million .....»»
Jessica Alba-backed Honest Company IPO raises $412.8 million
Honest Company Inc, the consumer goods company founded by actress Jessica Alba, priced its initial public offering (IPO) on Tuesday slightly above the midpoint of its indicated range, raising $412.8 million, a person familiar with the matter said......»»
Bill Hwang lost around $20 billion in 2 days when his Archegos fund imploded, report says
Hwang's savvy investments saw him grow $200 million into $20 billion in a matter of years, a report said, before it all came crashing down. Bill Hwang&#.....»»
Realtor.com: This upstate New York retreat designed by Bill Gates’ architect just hit the market for $3.5 million
An author’s modern retreat in the woods received offers within a matter of days......»»
The Wall Street Journal: McKinsey reaches $573 million settlement with states over its work to boost OxyContin sales
Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue Pharma LP and other drug manufacturers to aggressively market opioid painkillers, according to people familiar with the matter......»»
Texas M&A: 2020 deals mostly involved lower middle-market firms
No matter how you look at it, the vast majority of mergers and acquisitions involving Texas businesses and lawyers involved transactions of $500 million or less......»»
: Investors that converted AMC bonds to stock see value of holdings slide 30% in a matter of hours
The investors that opted to convert all $600 million of convertible bonds issued by AMC Entertainment Holdings Inc. into stock on Wednesday are now looking at a sizable decline in the value of those holdings......»»
Fiat Chrysler agrees to plead guilty, pay $30M in UAW corruption probe
Fiat Chrysler Automobiles US has agreed to plead guilty and pay a $30 million fine for a corruption scandal at the.....»»
: Regulators have hit PC gaming giant Valve with a $2 million fine for breaking antitrust rules on Steam
Gaming giant Valve has been hit with a €1.6 million ($2 million) fine after European Union regulators ruled it helped restrict cross-border sales on Steam, the world's largest online platform for PC games......»»
Ticketmaster to pay $10 million fine for spying on competitor
The ticketing company allegedly used an employee of a former competitor to gain insight into the competitor's inner workings......»»
Carl Icahn sells over half of his stake in Herbalife
Icahn sold about $600 million of his 16% Herbalife stake back to the company in recent days, according to people familiar with the matter. That leaves him with a roughly 6% stake, worth $400 million......»»
Ticketmaster to pay $10 million fine over hacking charges
Ticketmaster agreed on Wednesday to pay a $10 million fine to escape prosecution over criminal charges.....»»
‘Wonder Woman 1984’ did fine in theaters, despite being available on HBO Max
The latest Patty Jenkins-Gal Gadot collaboration garnered $16.7 million in the United States during the Friday-Sunday Christmas holiday weekend, the highest three-day total for any new movie in American theaters since pandemic lockdowns began......»»