HDFC Bank Board Penalizes Top Executives Over MSRDC Deposit Irregularities
HDFC Bank's board has levied penalties on its MD, CFO, and a Group Head, alongside issuing warning letters to other staff, concerning alleged irregularities in mobilizing deposits from MSRDC between 2017 and 2021, involving Rs 45 crore in "marketing…
HDFC Bank Executives Penalized for Alleged MSRDC Deposit Mobilization Irregularities
HDFC Bank's board has levied Rs 1 lakh penalties on its MD, CFO, and Group Head, along with issuing warning letters to other staff, concerning alleged irregularities in mobilizing substantial deposits from MSRDC between 2017 and 2021, involving around Rs…
Navigating India’s Income Tax Return Deadline: Penalties and Consequences of Missing July 31, 2026
Missing the July 31, 2026 deadline for filing your Income Tax Return (ITR) for FY 2025-26 can lead to significant financial penalties and legal repercussions. Understand who needs to file and the critical consequences of non-compliance.
Infosys Fined €175,000 in France Over Non-Compliant Employee Time-Recording System
Infosys has been fined €175,000 by French labor authorities (DRIEETS Ile-de-France) for its employee time-recording system not meeting local laws. Issues cited include reliability and auditability. The company stated the fine will not materially impact…