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Tag: fine

China fines Alibaba $2.8B fine for violating anti-monopoly law

China fines Alibaba $2.8B fine for violating anti-monopoly law

Business
April 10 (UPI) -- Chinese regulators have imposed a record $ 2.8 billion fine on Alibaba for violating anti-trust laws. The fine stems from an anti-monopoly investigation of China's Alibaba Group Holding, known as the world's largest e-commerce company and owner of the South China Morning Post, opened in December. Regulators said in a statement at the time they were looking into practice of limiting Internet merchants to exclusively choose a single platform to sell their wares, South China Morning Post reported. Advertisement China's State Administration for Market Regulation said in a Chinese-language statement Saturday the policy of forcing merchants to choose a single platform from two "infringes on the businesses of merchants on the platforms and the legitimate rights and interests of...

Champions League LIVE: Superb Mbappe hat-trick as PSG stun Barcelona, Mane and Salah fire Liverpool to fine win over Leipzig

Sports
[unable to retrieve full-text content]Keep up to date with all the latest action from tonight’s Champions League games. You can take your pick of RB Leipzig vs Liverpool on talkSPORT and Barcelona vs PSG on talkSPORT 2 at 8pm this evening. Headlines RB Leipzig v Liverpool – Champions League last 16 first leg – LIVE on talkSPORT RB Leipzig: Gulacsi, Mukiele, […] talkSPORT
Australia v India: Hosts take control of third Test after fine bowling and fielding display

Australia v India: Hosts take control of third Test after fine bowling and fielding display

Sports
Third Test, Sydney Cricket Ground (day three)Australia 338 & 103-2: Labuschagne 47*India 244: Gill 50, Pujara 50; Cummins 4-29Australia lead by 197 runsScorecardAustralia appear on course to win the third Test against India after a sublime bowling and fielding display on day three at the Sydney Cricket Ground.India were 195-4, trailing by 143 runs, but lost their last six wickets for just 49 runs to be dismissed for 244.World number one bowler Pat Cummins claimed four wickets and the home side pulled off three superb run outs to punish sloppy running by the tourists.Australia closed on 103-2, a lead of 197 runs.Marnus Labuschange remains unbeaten on 47, while Steve Smith is 29 not out.If Australia's two best batsmen continue to build on their fine partnership so far on day four, India ...
Gerard Houllier: ‘A fine decent man, destined to manage Liverpool’

Gerard Houllier: ‘A fine decent man, destined to manage Liverpool’

Sports
Gerard Houllier, who has died aged 73, may just have been destined to manage his beloved Liverpool Football Club.Houllier came to Anfield on a joint-management ticket with incumbent Roy Evans on 16 July 1998 - but the seeds of his arrival were sown 30 years earlier when he stood on the Kop watching Bill Shankly's great Liverpool side while teaching French at the nearby Alsop Comprehensive School.He deserves to be remembered as the man who had the strength of character and talent to revolutionise Liverpool, making them successful once more when he took sole control after the inevitably unworkable arranged marriage with Evans came to an end four months later.Houllier's arrival at Liverpool was the brainchild of the great Anfield administrator and chief executive Peter Robinson, through a fri...
RBI imposes Rs 22 lakh fine on DCB Bank for violating marketing norms

RBI imposes Rs 22 lakh fine on DCB Bank for violating marketing norms

Finance
New Delhi: Private sector lender DCB Bank on Thursday said RBI has imposed a fine of Rs 22 lakh on the bank for violating marketing norms for financial products. The Reserve Bank imposed the penalty by an order dated October 28, DCB Bank said in a BSE filing. "The RBI has...imposed a monetary penalty of Rs 22 lakh on DCB Bank for non-compliance with certain provisions of directions issued by RBI contained in the circular on 'Marketing/distribution of mutual fund/insurance etc., products by banks' dated November 16, 2009," the RBI order attached with the filing said. The central bank said the penalty has been imposed in exercise of powers vested in RBI under the Banking Regulation Act, 1949. "This action is based on the deficiencies in regulatory compliance and is not intended to pronounc...