๐ฎ๐ณ ์ธ๋ ยท "ACTIVITIES" ยท ์ด 56๊ฑด
ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
์ต๊ทผ 7์ผ ๊ธฐ์ค 6,151๊ฑด์ ๋ถ์ํ ๊ฒฐ๊ณผ, ๋ด์ค ์ฌ๋ฆฌ์ง์๋ 50.0(๊ท ํ)์ ๋๋ค. ๊ธ์ 0๊ฑด(0.0%)ยท์ค๋ฆฝ 6,151๊ฑด(100.0%)ยท๋ถ์ 0๊ฑด(0.0%)์ด๋ฉฐ, ์ค๋ฆฝ ๋น์ค์ด ๋๋ ทํ๊ฒ ๋์ต๋๋ค. ์ฑํฅ ์ง์๋ ์ข ํฉ 0.0(์ค๋ ๊ท ํ)์ ๋๋ค.
Thousands of supporters carrying posters and banners gathered at Jantar Mantar on Saturday to participate in the CJP's protest.
Under the programme, 40 trees are planted for every tree removed for mining activities. Native species including Sal, Mahua, Tendu, Amaltas and Sidha have been replanted
He also warns of activities that could harm birdsโ habitats
The State is likely to see more thunderstorms, lightning and strong winds during the southwest monsoon, affecting the agricultural activities, says IMD senior scientist
Mumbai: It is India's fourth biggest company by revenue, but the managing director of precious metals trader Rajesh Exports (REL) apparently doesn't know how and from where it gets the biggest chunk of the revenue, show the findings of a regulatory investigation.In its investigation report, the Securities and Exchange Board of India observed allegedly unscrupulous activities by REL's promoters, such as accounting irregularities and siphoning off of company funds into personal accounts, and also pointed out lapses by its auditors. The regulator said the company and its auditors were non-cooperative."The acts of REL constitute a deliberate device, scheme and artifice to mislead and defraud investors dealing in the shares of REL by portraying an inflated and misleading picture of its operational scale, revenue and financial health," Sebi observed in its report.The company, eponymously named after its chairman Rajesh Mehta, is accused of committing an elaborate financial fraud that includes dressing-up of revenues of โน15.15 lakh crore over the years, personal gold trades covered up as corporate sales and phoney gold mine investments of โน1,035 crore, according to the interim report.REL denied the charges of misdeeds. In a press release Thursday, the company said the revenues stated in its financials were correct and that the confusion arose because of a mix-up between Ebitda and revenue numbers at Swiss refiner Valcambi SA, an indirect subsidiary.Sebi has not made any adverse observation with regard to earnings, the company said, claiming that the regulator has only observed suspicion with regard to revenues which was primarily because of confusion over the Valcambi numbers.Numbers don't add upIn fiscal 2025, REL reported consolidated revenue of โน4.23 lakh crore against a profit after tax of just โน95 crore, translating into a net margin of barely 0.02%. The year before, on โน2.8 lakh crore revenue, profit was โน336 crore.Experts who have studied the Sebi report and the company's annual reports say the numbers did not add up. The business appeared to be operating at margins that were not merely thin but structurally negligible, they said."It looks like a case of pass-through accounting. There is no value creation. It was 'flow of gold' being booked as revenue," said a leading auditor on the condition of anonymity.Sebi, which began the investigations in March 2024 following a shareholder complaint about suspected accounting malpractices, said it found that about 97-99% of REL's consolidated revenues were attributed to its overseas subsidiaries, principally Valcambi. But Valcambi's own accounts, audited by KPMG SA, recorded only processing fees that were about โน3,027 crore across five years.Valcambi refined gold on behalf of clients and never took ownership of the precious metal or recognised the value of gold as revenue in its books. Yet, Global Gold Refineries AG (GGR), the parent of Valcambi that had no independent operating business, recorded gross revenues running into hundreds of crores by including the gross value of gold that actually belonged to others, according to the Sebi report.Rajesh Exports, which owns GGR through a Singapore subsidiary, used those unaudited figures in its financial statements, significantly bumping up the company's revenue, it said.In its press release, REL said: "The core observation in the order is with regard to the misreporting of the revenues. This has emerged primarily due to confusion because Sebi has considered the Ebitda of Valcambi instead of revenue hence it has stated that there is a difference of about 97% in the revenue.""There is no reason for any listed entity to inflate revenue and maintain the earnings, this will only reduce the margins of the company, which would be adverse to the company," it said.Senior management in the darkThe senior management of REL told regulators that most of them were in the dark about the company's overseas operations and only the promoter, Rajesh Mehta, dealt with those activities."Valcambi SA does not have any gold mine on its own," managing director Suresh Gowda was quoted in the Sebi order as saying. "It refines the raw gold purchased by it from various entities, whose names I do not recollect, as these things are exclusively handled by Rajesh Mehta, chairman of REL. I have never interacted nor involved with any subsidiary/step-down subsidiary of REL, as these were exclusively taken care of by Rajesh Mehta," he told the investigators, as per the order.According to the report, REL booked โน11,487 crore in sales between 2021-22 and 2023-24 to Affluence Shares and Stocks, a broker that made up to 66% of the company's standalone revenue for that period. But Affluence, in formal depositions to the regulator, said it had not done any business with REL.Following the transaction trail, the investigators found out that the transactions were personal gold derivative trades executed by promoter Mehta using his own brokerage account and then recorded in the company's books as corporate sales, the order said.The investigators also found that Mehta used corporate funds. As per the Sebi observations, bank records show REL transferred โน338.90 crore directly into Mehta's personal accounts between April 2020 and September 2025.Unlike in the case of Nirav Modi or Gitanjali Gems, who are accused of bank fraud, Rajesh Exports doesn't appear to have borrowed big from banks or through sale of bonds, according to regulatory filings.The company's market cap was just over โน3,000 crore, as per Thursday's closing share price. LIC (10.8%) and Bridge India Fund (8.46%) are its major institutional shareholders."It is striking that, even at a peak market capitalisation of โน25,000 crore, the company did not hold any analyst calls, a basic expectation for a listed company of that scale," said Shriram Subramanian, founder and managing director of InGovern Research Services, a corporate governance advisory firm.The regulator in 2024 hired BDO India Services to investigate. But the forensic audit faced problems at almost every stage of the investigation. It was denied access to ERP systems and was not provided a complete journal dump, preventing independent verification of transactions recorded in the books, according to the regulatory report.And the company declined to share subsidiary-level records with the investigator, citing Swiss data protection laws, limiting auditors largely to reviewing financial statements prepared by the management itself rather than underlying evidence, it said.What's also come under the scanner was the conduct of statutory auditors for the last few years: CA PV Ramana Reddy, the proprietor at PV Ramana Reddy & Co, and CA PL Venkatadri, partner at BSD & Co.The company's FY24 and FY25 annual reports, filed with the stock exchanges, carry an unqualified opinion from BSD & Co, which concluded that the financial statements presented a "true and fair view" in line with Indian Accounting Standards.The company's FY24 Directors' Report noted that the statutory and secretarial auditors had made no qualifications, reservations or adverse remarks.The Sebi report said for over five months, the auditors sat on the regulator's request for missing documents and statements.Emails sent to both audit firms did not elicit any response.REL closed 5% lower at โน103.92 Thursday on the NSE. The shares are down from their peak of โน1,028.40 on February 6, 2023.
The accused was taken into custody following alleged conversion activities in Alwar's Tanwar Colony
The recent Supreme Court (SC) judgment on online gaming and betting is expected to have wider implications across gambling, horse racing, and casinos, experts feel. The court clarified that the GST valuation framework is not confined to any one segment but applies across betting and gambling activities.The ruling makes it clear that the tax framework cannot be read narrowly. โRule 31Aโฆ applies broadly to all betting, gambling and horse racingโฆ Limiting its applicability only to horse racing would render parts of the rule otiose,โ a PwC India note on the SC ruling said.Nitin Vijaivergia, partner at Pricewaterhouse & Co LLP, said the judgment upholds the imposition of the top GST slab on online gaming platforms, triggering significant retrospective tax exposure. The courtโs reasoning also centres on how such transactions are structured. It has been clarified that in betting and gambling, valuation can be based on the full amount staked and not merely on a narrower measure.โSection 15(1)โฆ permits valuation based on the entire stake,โ and โmerely because a different method of valuationโฆ may also have been possible, it does not render the Rule unconstitutional,โ the note added.For online gaming and casinos, the judgment clarifies when tax liability arises. The court held that the taxable event is triggered when players commit funds to participate in games with uncertain outcomes and no longer retain control over those funds.This also alters the treatment of player funds. The ruling notes that once amounts are committed for participation, โsuch arrangements cannot be considered deposits or entrustments,โ and โthe entire staked amount is treated as consideration for the supply.โIn the case of casinos, the position is very clear. The court held that tax would be levied on each instance of staking money on an uncertain outcome, and not on the operatorโs net earnings or gross gaming revenue.โThe mention of staking money on โuncertain future outcomesโ may have broader implications for promotional and skill contests with deterministic scoring, and similar other formats. Key operational elements such as wallet architecture, re-deposits, and cashback will be crucial to determine tax demands, especially considering amendments to GST Rules 31 and 31B affecting valuation,โ Vijaivergia said.Tax experts say that, broadly, the GST law will now apply where money or moneyโs worth is staked on uncertain outcomes, and such amounts are treated as consideration for the supply.
The case registered in 2015 pertains to Pakistan-sponsored terrorist outfits, their sleeper-cell networks and activities related to recruitment, radicalisation and facilitating terrorism in J&K searches were conducted at in Srinagar, Bandipora, Kupwara, Anantnag, Kulgam and Baramulla districts
Coordination between TDP, Jana Sena Party and BJP should extend beyond elections and become a regular feature of governance and organisational activities, says Naidu
Training of election personnel, preparatory activities and printing work will be carried out from June 20 to 29.
Cleaning and monsoon preparedness measures were being carried out by the health and sanitation committees in 17,661 wards, Minister for Local Self-Governments K.M. Shaji informs the Assembly.
Parvathi added that Shivakumar actively participated in extracurricular activities such as debates, elocution, dance and drama in school.
Tourists planning a trip to Thailand this week may need to prepare for wet weather, possible travel disruptions and rough sea conditions, as the country's meteorological agency has forecast widespread rainfall and thunderstorms across several regions. According to the Thai Meteorological Department (TMD), a strong south-west monsoon over the Andaman Sea, Thailand and the Gulf of Thailand, combined with a low-pressure system off the coast of Vietnam, is expected to bring persistent rain across the country on June 2. Authorities have warned of heavy rain in several provinces and very heavy rainfall along parts of Thailand's west coast in the south. The weather conditions could trigger flash floods and runoff in low-lying areas and locations near waterways. Which tourist areas could be affected? Popular destinations on Thailand's west coast, including Phuket, Krabi, Phang Nga, Trang and Satun, are expected to see the heaviest rainfall, with thunderstorms forecast across 80% of the region.131421089 In eastern Thailand, tourist destinations such as Pattaya and coastal areas in Rayong and Trat could also experience thunderstorms and periods of heavy rain. The forecast for Bangkok and surrounding areas indicates thunderstorms in around 60% of locations, with isolated heavy downpours possible. What should island-hoppers and beachgoers know? Travellers planning boat trips, island tours or water activities should closely monitor local weather advisories. The TMD has warned of rough seas in both the Andaman Sea and the Gulf of Thailand. Wave heights in the upper Andaman Sea, including waters around Phuket, are expected to reach 2-3 metres and could exceed 3 metres during thunderstorms. In the lower Andaman Sea, including waters near Krabi and southern islands, waves could rise above 2 metres during storms. Authorities have advised vessels to proceed with caution and avoid sailing through thunderstorm zones. Small boats in the upper Andaman Sea have been advised to remain ashore. How could the weather affect travel plans? Heavy rain may lead to delays for ferry services, island excursions, outdoor sightseeing and adventure activities. Tourists visiting beaches, national parks and mountainous areas should be alert to local weather warnings, particularly in regions vulnerable to flash flooding.
Ritabrata Banerjee and Sandipan Saha were expelled by Trinamool yesterday over alleged anti-party activities.
India and Australia emphasized freedom of navigation and a free, open Indo-Pacific during their Defence Ministers' Dialogue. The two nations are advancing bilateral maritime security cooperation, including joint maritime domain awareness activities and exploring enhanced undersea domain awareness, to bolster regional peace and security.
He was arrested in connection with a case registered by the NIA in 2021 for alleged terror activities.
How is summer air pollution different from that in winter? Why does ozone rise in hot weather? What drives PM10 spikes in Indian cities? How do dust storms affect air quality? How do human activities worsen summer air pollution? What can cities do to combat summer air pollution?
Prime Minister Modi voiced concerns to Myanmar's President over armed group activities near the India border and the conflict's impact on Indian communities. He urged Myanmar to prevent harm to Indian civilians during military operations and discussed the repatriation of refugees. Connectivity projects and cyber scam victims were also addressed.
Addressing a special briefing, Foreign Secretary Vikram Misri said the PM addressed concerns about cross-border spillover from Myanmar.
Kotputli-Behror SP Satveer Singh said the villagers were holding a sit-in protest against mining activities when some unidentified men opened fire on them.