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Government slaps $579 million penalty on India's Reliance

The Indian government has announced a new penalty of $579 million on the country's largest private company, Reliance Industries, for failing to meet commitments to supply gas for the fourth year in a row.

Government slaps $579 million penalty on India's Reliance
© youtube.com
Missed penalty becomes YouTube hit

A failed penalty in the match between Cukaricki and Radnicki of Serbian Super League has become an Internet hit.

Missed penalty becomes YouTube hit
S. Korea vows harsh penalties for data leaks
S. Korea vows harsh penalties for data leaks

South Korean regulators Wednesday vowed harsh corporate penalties for data theft, as angry customers swamped credit card offices for a third day after 20 million people had their financial information stolen.

S. Korea vows harsh penalties for data leaks
Photo courtesy of theglobalherald.com
Hefty fine for ignoring 'Do Not Knock' sign

A door-to-door salesperson who ignored a "Do Not Knock" sign to try to win over a gas customer has ended up costing their Australian employers Aus$60,000 (US$53,600).

Hefty fine for ignoring 'Do Not Knock' sign
Photo courtesy of pro-auto.kz
Drunk driving fine to make 1 million tenge in Kazakhstan

The fine for driving drunk will be increased to 1 million tenge ($6,530) in Kazakhstan.

Drunk driving fine to make 1 million tenge in Kazakhstan
Photo courtesy of flickr.com
Kazakhstan mulls postponing penalties for greenhouse gas emissions

Kazakhstan Environmental Protection Ministry is suggesting to postpone and lower the fines for exceeding greenhouse gas emission quotas.

Kazakhstan mulls postponing penalties for greenhouse gas emissions
Kanatbek Safinov. Photo courtesy of contur.kz
Kazakhstan Oil Ministry fines subsoil users 350 million tenge

Since 2010 Kazakhstan has a right to impose penalties on companies for nonperformance of contract obligations on local content: Ministry.

Kazakhstan Oil Ministry fines subsoil users 350 million tenge
©REUTERS
RBS bank says to pay 'significant penalties' over Libor

Royal Bank of Scotland on Wednesday said it expected to pay "significant penalties" and face other sanctions from British and US financial regulators over its role in the Libor rate-rigging scandal.

RBS bank says to pay 'significant penalties' over Libor
Photo courtesy of peopletomysite.com
Scotts to pay big fine for fake pesticides, poison bird feed

Lawn and garden products company Scotts Miracle-Gro will pay $12.5 million in fines for poisoning bird feed and violating pesticide laws.

Scotts to pay big fine for fake pesticides, poison bird feed
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