CONSUMER ISSUES


MDT/PTI 26 September 2012
State Bank of Travancore took possession of a commercial building, earned rent of Rs19,500 in two years and then sold the building for Rs18.7 lakh to recover a loan of Rs15,000   Kochi: Coming down on a bank for meting out 'unfair deal" to a client by selling his commercial building...

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MDT/PTI 24 September 2012
Tata Power Delhi Distribution has been asked to pay Rs19,000 for failing to provide electricity connection to a consumer within 30 days New Delhi: Delhi Electricity Regulatory Commission (DERC) has imposed a penalty of around Rs19,000 on Tata Power Delhi Distribution Ltd (TPDDL) for...

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MDT/PTI 24 September 2012
According to telecom minister Sibbal, the 'One Nation - Free Roaming' concept under the new telecom policy would be implemented from next year and mobile subscribers can roam across circles without paying extra roaming charges for incoming and outgoing calls New Delhi: India's Telecom...

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MDT/PTI 21 September 2012
After the abolishing of 5% customs duty and 8% excise duty, consumer price in Delhi would come to Rs798 per 14.2 kg cylinder from current market price of Rs895 per cylinder   New Delhi: In marginal relief to consumers, the Union Government on Friday abolished import and excise duties...

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MDT/PTI 20 September 2012
With this partnership, online merchants can add PayPal as a payment option to their EBS merchant account and sell to PayPal's 113 million active accounts in 190 markets Mumbai: Online payment service provider, E-Billing Solutions (EBS) on Thursday said it will work as the first channel...

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Thanks to a charitable organisation, you can now compare and buy your medicines at a significant discounts compared to the branded ones of large pharmaceutical companies   A drug called “Bisoprolol - 2.5 mg” manufactured in India and prescribed for controlling hypertension (BP) is...

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MDT/PTI 20 September 2012
The Competition Commission sent out show-cause notices to 17 carmakers, many of them foreign entities, regarding allegations of providing spare parts to customers at higher prices   New Delhi: The Competition Commission of India (CCI) has sent notices to 17 carmakers on an alleged...

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MDT/PTI 17 September 2012
The forum also directed Barclays Bank, whose card the passenger had used to book the tickets, to pay him Rs5,000 for not paying/refunding him Rs2,500 as per its cash back offer   New Delhi: Bangladesh-based GMG Airlines has been directed by a consumer forum to pay Rs40,000 to a...

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MDT/PTI 17 September 2012
The fraud mails sent in RBI's name also informs bank account holders about the RBI setting up a new 24x7 Centralised Monitoring Centre to monitor financial transaction flow from the internet banking account, which is not true   Mumbai: The Reserve Bank of India (RBI) has again...

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MDT/PTI 14 September 2012
All India Motor Transport Congress said it decided to pass on the burden of diesel price hike to customers by increasing freight charges by 15% across India New Delhi: The All India Motor Transport Congress (AIMTC) on Friday said it has increased freight charges across the country by 15%...

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Valliyur Satyavageeswaran 14 September 2012
Playschools, no better than glorified crèches, are thriving in Bengaluru, finds Valliyur Satyavageeswaran A few years ago, every second politician was building an engineering college in Tamil Nadu. So many colleges mushroomed in every nook and corner of the state so quickly that supply...

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Moneylife Digital Team 13 September 2012
Government has no say in overcharging of mineral water   Food and consumer affairs minister KV Thomas said there is little scope for legal action against hotels and restaurants for overcharging of mineral water as the Delhi High Court has held that it does not violate any provisions...

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Advocate Mohana Nair 12 September 2012
Everything you wanted to know about how the Maharashtra housing bill jeopardizes the interests of real estate buyers while protecting builders and developers. Advocate Mohana Nair analyses every word and clause for you   Despite requests from several activists and non-governmental...

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MDT/PTI 11 September 2012
Mobile operators are asked to remove all mobile towers and antennas installed on government and private schools in Rajasthan by the High Court Jaipur: Mobile services in 40 towns across Rajasthan are likely to be partially hit as telecom companies are in the process of removing 199...

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MDT/PTI 11 September 2012
Airtel Money customers can only transact between themselves but are not able to send or receive money from a bank account, which will be possible once the tie-up with NPCI is done Mumbai: National Payments Corporation of India (NPCI) has said it will soon forge a tie-up with mobile...

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MDT/PTI 07 September 2012
The oil ministry is wary that if oil firms are allowed to raise just petrol prices on Friday or Saturday, the political opposition to the unpopular decision may force the hands of the Cabinet into not hiking diesel, LPG and kerosene rates     New Delhi: The government may hike petrol,...

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MDT/PTI 07 September 2012
According to the electricity regulator, Mumbai consumers migrating from Reliance Infra to Tata Power using its network, will save as much as 45-50% on their monthly bills   Mumbai: The migration of low-end residential consumers of Reliance Infrastructure (RInfra) consuming less than...

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MDT/PTI 07 September 2012
Under the new scheme, ration card holders would get kerosene at market rates from PDS shops, while the government would deposit the subsidy amount directly into their bank accounts   Mumbai: To check the black marketing of cheap kerosene sold through the public distribution system...

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MDT/PTI 06 September 2012
Petrol in Delhi costs Rs68.46 per litre as compared to Rs53.32 a litre in Pakistan, Rs61.56 in Sri Lanka and Rs62.25 in Bangladesh and Rs50.44 in the US   New Delhi: Petrol in India costs more than it does in the US as well as neighbouring Pakistan and Sri Lanka, but is cheaper than...

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MDT/PTI 05 September 2012
While the RuPay card, launched in April last year, is acceptable at all 91,000 ATMs, most of 6.5 lakh PoS terminals are yet to accept it Mumbai: RuPay, the domestic debit card payment platform, launched by the National Payment Corporation of India (NPCI), is likely to be acceptable at...

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