File photo: Ola co-founder Bhavish Aggarwal (Picture credit: Reuters) The Securities and Exchange Board of India (SEBI has issued a stern warning to Ola Electric Mobility Limited for violating disclosure norms by announcing expansion plans on social media before informing stock exchanges.SEBI sent an administrative warning letter to the electric vehicle manufacturer on January 7,…
NEW DELHI: The Central Consumer Protection Authority (CCPA) on Sunday imposed Rs 2 lakh penalty on Shubhra Ranjan IAS Study for publishing misleading advertisements. It has also directed the institute to discontinue the misleading advertisements with immediate effect.According to a statement released by ministry of consumer affairs, food and public distribution, the “official website of…
New Delhi, The government on Tuesday said it will soon release a robust framework to ensure transparency, accountability and consumer protection across the diamond industry. In a consultation on consumer protection in the diamond sector led by the Central Consumer Protection Authority (CCPA) under the Ministry of Consumer Affairs, the stakeholders addressed critical concerns regarding…
Central Consumer Protection Authority on Sunday has directed Ola to develop a mechanism which would provide consumers with choice regarding the refund mode. According to the directive, consumers may choose refund via bank account or coupon in Grievance Redressal Process.The directive follows a show-cause notice issued by the Central Consumer Protection Authority to Ola earlier…
NEW DELHI: Continuing its crackdown on misleading advertisements, Central Consumer Protection Authority (CCPA) has imposed Rs 10 lakh fine on a company selling an ayurvedic product claiming it as “magic oil” which when applied makes one “fit even without any surgery or physiotherapy.”The CCPA headed by Union consumer affairs secretary Nidhi Khare has ordered discontinuation…
