Tag Archives: 854

Qualcomm Fined $854 Million by South Korean Regulator for Violating Completion Laws

South Korea’s antitrust regulator said on Wednesday it fined US chipmaker Qualcomm Inc KRW 1.03 trillion ($854 million or roughly Rs. 5,821 crores), a record for the country, ruling its business practices of patent licensing and smartphone modem chip sales hindered competition. The Korea Fair Trade Commission said Qualcomm abused its dominant market position and forced handset makers to pay ... Read More »

Life Insurers’ New Business Premiums Up 4% At Rs 13,854 Crore In July

Life insurance companies had collected Rs 13,319.97 crore in new business premiums in July 2015. New Delhi: New business premiums of life insurance companies saw a four per cent rise to Rs 13,854.44 crore in July 2016 as against Rs 13,319.97 crore premium collected in the corresponding period last year. State-run Life Insurance Corporation’s (LIC) new business premium was the highest at Rs 10,737.92 ... Read More »