#ED attaches Rs 4

[kupwaratimes-fan]

BOPEE Scam-2012: ED attaches properties of 4 persons

BOPEE Scam-2012: ED attaches properties of 4 persons Srinagar, Oct 14: Initiating action after 12 years, the Enforcement Directorate attached properties of at least 4 accused involved in the infamous Board of Professional Entrance Examination (BOPEE) scam 2012. The ED today provisionally attached four immovable properties worth Rs. 1.31 Crore belonging to Sajad Hussain Bhat, Amin Ganie, Suhail…

[thepursuitroom]

ED Finds Assets Worth Rs 20.31 Crore in IDBI Bank Loan Fraud Case

New Delhi: The Enforcement Directorate (ED) has provisionally attached resolute assets having a market value of Rs 20.31 crore belonging to accused Mada Subrahmanyam, Mada Srinivasa Rao, Ganduri Mallikharjuna Rao, Eluri Prasada Rao, their family members, and firms under the money laundering act in connection to the case of fraudulent loans obtained from IDBI Bank, Guntur branch.

The investigation was started based on 4 FIRs registered by the Central Bureau of Investigation (CBI), Anti-Corruption Branch, Visakhapatnam, and Hyderabad against these individuals and others for fraudulently availing Kisan Credit Card (KCC) loans from IDBI Bank for fish farming.

[everythingshouldbereality]

ED attaches Rs 4,109 crore worth of assets in Agri Gold ponzi scam case

ED attaches Rs 4,109 crore worth of assets in Agri Gold ponzi scam case

Image Source : FILE/PTI ED attaches Rs 4,109 crore worth of assets in Agri Gold ponzi scam case The Enforcement Directorate has attached properties worth Rs 4,109 crore, spread across various states, in a money laundering case linked to an alleged ponzi scam, the agency said on Thursday. The case pertains to Agri Gold Group of Companies, whose three promoters had been arrested by the central…

[anastkantdhangar]

Trolley Times : The Farmers’ Way Out Of The Bogus Media Narratives

Farmers at Delhi's border reading a copy of the first edition of bi-weekly newsletter Trolley Times.

On Friday morning of 18th December 2020, as the ongoing farmers’ protest entered its 23rd day, those stationed at the Singhu and Tikri borders of the national capital woke up to the first-ever issue of a bi-weekly newsletter, exclusively by and for the protesters : Trolley Times.

When national media, with its bogus narratives, did not show their side of the story, the farmers paved their own way aiming to touch every single corner of the kilometres-long agitation at Delhi’s borders and ensure that the message from the stage, latest developments in talks with the government and other such reports are easily accessible to the agitating farmers.

Born out of a random conversation at a trolley about 4-5 days back, the protestor’s very own newsletter received a warming response with all of its 2,000 copies, which costed around Rs.12,000 to be printed in Gurugram, being distributed and read widely by those at the site. Seeing the wide support to the first edition, the Trolley Times team now aims at releasing its second edition with 10,000 copies.

“Inquilaab di talwar vichaaran di saan tey tez hondi ae (the sword of revolution is sharpened at the whetstone of ideas, a quote by Bhagat Singh),” read one of the lead headlines of the bilingual newsletter that has been named Trolley Times.

The newsletter is printed in both, Gurumukhi and Hindi, so that it reaches as wide protesting audience as possible.

The Rationale Behind Trolley Times

The first issue of the paper carried Bhagat Singh’s quote on struggle; photographs from the centre of the struggle; story of a woman farmer, Gurmail Kaur, who died during the protest; some works of art and the lead article gave the message of unity, struggle and victory. The paper was simultaneously launched digitally on all social media platforms like Facebook, Twitter, etc.

A farmer reading out the ‘Trolley Times’ at the Singhu border.

The style of the paper, as said, will be conversational. “We want it to be read like the discussions taking place in village sath (common place),” the team says when asked about the newsletter, adding “we have a platform now to counter all kind of trash being dished out by some sections of media”.

The team added, “ We reached here on 26th November and soon after the national media began calling us terrorists or Khalistani. But we are not those people at all. We are very attached with how to make this a peaceful protest”.

Just try to imagine the extend to which the national media is losing its credibility and how it has increasingly been focusing on interests of a certain section of the society that others have now felt the need of starting their very own form of news media. Certainly has some sense of Atmanirbharta in it, quite a satire in itself.

The national media, yet again, left no stone unturned to divert the issue by calling it a one-state protest, politically-mobilized protest, maoist protest, Khalistanis, freelancers, or their favourite term - anti-nationals. Imagine what a farmer must be going through when he’s being tagged with such terms when he’s so far away from home, out there on the ground, shivering in this freezing weather, being water canon-ed in this weather, while all he’s been doing is asking to be heard about his issues and requesting for an another way for the concerned policies to be carried out.

The government says that the protesting farmers are being “tricked” by the opposition, yet again of course, with false information and narratives. A quick reminder, these are the same people who wrote the opposition off in 2019 general elections relentlessly, just like 2014, but still apparently the weak and dusted opposition, if any in this nation, gets able to “trick” people every time the government is held accountable.

There has not been a dialogue between the government and the farmers now for around 18 days, keeping the deadlock intact. Time will tell how the drama unfolds ahead, but the farmers now have been out there in the open for more than a month, and atleast 44 of them have succumbed to the extreme weather, and still standing their ground.

[kupwaratimes-fan]

Terror funding case: ED attaches J&K separatist Shabir Shah's Srinagar house

Terror funding case: ED attaches J&K separatist Shabir Shah’s Srinagar house

Terror funding case: ED attaches J&K separatist Shabir Shah’s Srinagar house   New Delhi, Nov 4 (PTI) The Enforcement Directorate on Friday said it has attached Jammu and Kashmir separatist leader Shabir Ahmad Shah’s Srinagar house as part of a money laundering probe linked to a case of fuelling terrorist activities in the Union territory. The house, worth Rs 21.80 lakh, is located in Botshah…

[joblistan]

 UNIVERSITY OF EDUCATION, LAHORE

TRUTH, THE ULTIMATE VIRTUE

Education

7

a VACANCIES FOR TEACHING POSTS

باللواني، اط لحعننن

Economics

6

Business Administration

7

The University of Education, Lahore was established in 2002 out of several leading teacher training insti-

tutions all across the Punjab. University of Education comprises of nine Campuses and three function-

al Divisions situated in Lahore, Attock, Multan, Vehari, Dera Ghazi Khan, Faisalabad and Jauharabad.

Currently we are in search of teaching staff, to be employed in the disciplines listed below. The ideal can-

didates for the following positions who possess requisite knowledge, experience and have interest and

motivation to work may apply.

Jauharabad Campus, Faisalabad Campus, DG Khan

Campus and Vehari Campus

2 for Vehari Campus,

1 each for Jauharabad Campus, Multan Campus,

Attock Campus, DG Khan Campus, Bank Road

Campus, Lahore

2 for Vehari Campus

1 each for Lower Mall Campus Lahore, DG Khan

Campus, Faisalabad and Bank Road Campus Lahore,

2 each (HRM and Marketing) for Bank Road Campus

Lahore and Lower Mall Campus Lahore and Vehari

Campus;

1 for Faisalabad Campus

1 (Graphics) for Lower Mall Campus Lahore;

1 (Graphics) for Bank Road Campus Lahore;

1 each for Attock Campus and Lower Mall Campus

Lahore;

2 each for Attock Campus and Vehari Campus,

1 each for Jauharabad Campus, Bank Road Campus,

Lahore, Multan Campus and DG Khan Campus

Lower Mall Campus Lahore

Bank Road Campus, Lahore

Fine Arts

2

Subjects

Place of Posting

Islamic Studies

2

No. of

Seats

Eligibility

Criteria

English

8

Professor of (BS-21 Reqular/TTS basis)

As per

Physics

Zoology

Mathematics

1

1

2

Physical Education

History

2

1

НЕС

Criteria

DG Khan Campus

Division of Science and Technology, Township, Lahore

Division of Science and Technology, Township, Lahore

and Bank Road Campus, Lahore

1 each for DG Khan Campus and Attock Campus

Bank Road Campus, Lahore

Division of Education, Township, Lahore

Lecturer (BS-18, Regular)

Chemistry

Business Administration

Education

2

1

2

Islamic Studies

6

As per

HEC

Criteria

1 each for Attock Campus, DG Khan Campus,

Faisalabad Campus, Multan Campus, Jauharabad

Campus, Vehari Campus

Lower Mall Campus Lahore

1 each for Multan Campus and Attock Campus

Lower Mall Campus Lahore;

Associate Professor (BS-20 Regular/ TTS basis)

Physical Education

History

Fine Arts

3

2

1

1

Division of Science and Technology, Township, Lahore.

As per

Physics with major in

Theoretical Particle

Physics

Information Technology

НЕС

Criteria

How to Apply

4

Zoology

Mathematics

1

3

Chemistry

Business Administration

Urdu

Islamic Studies

Special Education

Physical Education

Fine Arts

English

2

1

2

1

1

1

1

1

1 each for Division of Science and Technology,

Township, Lahore, Faisalabad Campus, Multan

Campus and Vehari Campus

Faisalabad Campus

1 each for Division of Science and Technology,

Township, Lahore; Faisalabad Campus and

Jauharabad Campus

1 each for Faisalabad Campus and DG Khan Campus

Lower Mall Campus Lahore

Lower Mall Campus Lahore

Lower Mall Campus Lahore

Division of Education, Township, Lahore

Lower Mall Campus La

Lower Mall Campus Lahore

Lower Mall Campus Lahore

1. Applicants are required to apply online through university job portal web.ue.edu.pk/jobs. The appli-

cants are also required to submit signed hardcopy/printout of same pre-filled online application form

to the Office, University of Education, College Road Township Campus, Lahore. Fill online applica-

tion form carefully as no editing will be allowed after submission.

2. The candidates applying for the post of Professor and Associate Professor are required to submit

sets of six hard copies of printed On-Line Application form along with six complete sets of testimo-

nials/research publications/certificate of any distinction etc.

3. The applicants are required to print system generated fee challan and deposit job application pro-

cessing fee as mentioned on challan in any branch of Bank of Punjab.

4. The applicants are required to attach and submit attested copies of CNIC, domicile, all educational

documents/certificates, experience certificates and any other relevant documents along-with deposit

receipt / deposited system generated fee challan (worth Rs. 2000/-) on or before the closing date.

5. Applications submitted without deposited system generated fee challan will not be entertained.

Deposited amount is non-refundable/non-transferable.

6. For any Technical Assistance regarding On-Line Application Submission, please call at

042-99262218 during office hours.

7. Closing date for submission of online applications is 23.08.2021(within office hours). Printed online

application form along-with all attached documents must be submitted on 25.08.2021 in person or

via courier. Incomplete applications or applications received after due date (even dispatched through

courier) will not be accepted.

Assistant Professor (BS-19 Regular)

As per

Zoology

Mathematics

Chemistry

WN -

HEC

Criteria

Education

3

Faisalabad Campus

1 each for Faisalabad Campus and Multan Campus

1 each for Faisalabad Campus, Vehari Campus and

Bank Road Campus Lahore

2 for Bank Road Campus Lahore and 1 for Division of

Education, Lahore

Faisalabad Campus

Lower Mall Campus Lahore

Lower Mall Campus Lahore

GENERAL INFORMATION

English

Urdu

Fine Arts

1

1

1

Assistant Professor (TTS basis)

Zoology

6

As per

НЕС

Criteria

Chemistry

9

1. Relaxation in upper age limit may be granted to suitable candidates as per rules.

2. The quota for disable persons, minorities and women will be observed as per rules.

3. Degrees only from HEC recognized Universities/degree awarding Institutions will be considered.

4. Foreign degree holders must submit their equivalence certificate/(s) issued by the HEC, Pakistan.

5. The candidates applying On-Line for the posts of Professors and Associate Professor should submit

set of six hard copies of On-Line Applications along with six complete sets of testimonials/research

publications/certificate of any distinction etc. Moreover, the candidates applying on TTS are request-

ed to submit the soft copy of their research publications.

6. Candidates presently working in Government, Semi Government and Autonomous Bodies must send

their applications through proper channel only. On-Line applications submitted without NOCI

Advance copy shall not be entertained.

7. Only shortlisted candidates will be invited for interview. No TA/DA will be admissible.

8. The University is not responsible if call letters are delayed or not received due to any lapse of Courier

Agency / Post Office / Telephonic message.

9. Experience, where prescribed, would include equivalent experience, in a profession or in the service

of an autonomous or semi-autonomous organization or well reputed private organization gained after

acquiring basic requisite qualification for the post.

10. For Bank Road Campus only female candidates are eligible to apply.

11. Un reserves the rights to increase/decrease or totally withdraw the vacancies without assign-

ing any reason.

12. University reserves the rights to conduct any test / screening for the shortlisting of candidates.

Physics

1 each for DG Khan Campus, Vehari Campus, Attock

Campus, Multan Campus: Faisalabad Campus and

Jauharabad campus;

4 (1 Organic Chemistry, 1 Inorganic Chemistry, 1

Physical Chemistry and 1 Analytical Chemistry) for

Division of Science and Technology, Township, Lahore;

2 for DG Khan Campus

1 each for Jauharabad Campus (Physical Chemistry);

Faisalabad Campus and Multan Campus

1 each for Faisalabad Campus, Multan Campus, Vehari

Campus; Attock Campus, Jauharabad Campus, and

DG Khan Campus

2 for Division of Science and Technology, Township,

Lahore;

1 each for Attock Campus, Jauharabad Campus,

Faisalabad Campus Bank Road Campus Lahore and

DG Khan Campus;

2 for Multan Campus

1 (Pure Mathematics) for Division of Science and

Technology, Township, Lahore;

1 each for Jauharabad Campus, Bank Road Campus,

Lahore, DG Khan Campus, and Vehari Campus;

each for Multan Campus, Attock Campus,

6

Botany

7

Mathematics

7

Deputy Director (Management)

University of Education,

College Road Township Campus, Lahore, Pakistan

Phone: 042-99262237 Fax: 042-99262226

Information Technology

6

1

IPL-7672

[answerits-blog]

Money laundering case: ED attaches Anil Deshmukh's assets worth Rs 4 crore

Money laundering case: ED attaches Anil Deshmukh’s assets worth Rs 4 crore

Read More

[indoreknnnews]

PMLA case: ED attaches Anil Deshmukh's assets worth Rs 4 cr; market value could be over Rs 100 cr

PMLA case: ED attaches Anil Deshmukh’s assets worth Rs 4 cr; market value could be over Rs 100 cr

In a huge embarrassment for the Maha Vikas Aghadi (MVA) alliance, the Enforcement Directorate has attached immovable assets worth Rs 4.20 crore belonging to former Maharashtra home minister Anil Deshmukh and his family under the Prevention of Money Laundering Act (PMLA) in alleged money laundering case. The central probe agency attached one flat and a huge piece of land near Navi Mumbai proposed…

[bbcbreakingnews]

Chanda Kochhar told Dhoot to invest in hubby’s co: ED

MUMBAI: Former head of ICICI Bank Chanda Kochhar had in 2009 told Videocon group chairman V N Dhoot, whose loan applications had been pending with the bank, to invest money in her husband Deepak’s company, said the Enforcement Directorate (ED) in its chargesheet filed recently. The documents attached to the chargesheet show that in Pacific Capital Service Pvt Ltd (PCSPL), one of the companies belonging to Kochhar, an office boy who served tea was shown as a director and had a stake in the company. Sharad Mhatre, the office boy, said that he was taking care of Deepak’s father and briefly worked as a driver with the family. He told the ED that he would sign documents on instructions from Deepak without knowing the content. Dhoot in his statement to the ED said that it would have been detrimental to his interests if he had not agreed to it. Videocon group invested Rs 64 crore ino NuPower Renewable Pvt Ltd (NRPL), a company controlled by Deepak. The ED alleged that Chanda misused her position in the bank to sanction a loan to Videocon group after violating rules and received kickbacks in the form of investments in her husband’s company, Nu-Power. The ED submitted the chargesheet against Kochhars and Dhoot before a special court on November 4 and annexed these statements to it. Dhoot told ED that Deepak asked him to invest in his company and insisted that he meet Chanda, who was then heading the ICICI Bank. Officials said that Chanda told Dhoot to “take care of her husband’s interest by putting money in his company”. Dhoot claimed it was because of this that he transferred Rs 64 crore of the Rs 300 crore loan disbursed to his group company by the ICICI Bank. The ICICI Bank in all had sanctioned Rs 5,393 crore loan to Videocon group companies in different tranches during the tenure of Chanda, of which the principal amount of Rs 2,812 crore turned bad. The collateral kept with the bank was not in proportion to the loan sanctioned, said the ED. The ED alleged that the loan to NuPower was not intended to be returned to Videocon, because a group company, Real Cleantech Pvt Ltd, which was created for holding the proceeds of crime, was allowed a silent death. The company was struck off in 2018, to break the link of returning the NuPower loan money to Videocon group, said ED. The Videocon group initiated the process to revive Real Cleantech after the ED started to investigate the money laundering case against it in 2019, all to show that money diverted to NuPower was a legitimate investment and returned to the Videocon group. Deepak has been controlling NuPower since its formation in 2008, through PCSPL, which was formed in 1999. Most directors of PCSPL were Deepak’s relatives or employees.

source https://bbcbreakingnews.com/2020/12/08/chanda-kochhar-told-dhoot-to-invest-in-hubbys-co-ed/

[jimmiejcrochet]

KRBL Limited–Pledged Shares selling creates a Bottom

  Continuation from previous post - Insider Buying–A good way to hunt for Companies to Research.

A small product offering designed by Harsh – Base Price min Rs 300 Rest - Pay as you want for next 2 months. Will decide cost as after improvisations as per feedback   - ( updated sheet till 15th April and other 2 snapshot on interesting companies sent)

Insider Trading Excel and Quick Snapshots on Interesting Companies

Stock - KRBLLtd - Pledged selling by a veteran value investor.

1) Last 4 years.

  Stock Name

Dec-15

Dec-16

Dec-17

Dec-18

Dec-19

KRBL Limited

58.81

58.81

58.81

58.81

59.13

  2) Recent quarters

Stock Name

No. of shares bought (net) in Q3FY20

No. of shares bought (net) in Q4FY20

Total Shares Q3+Q4

Value of securities bought Q3+Q4

Total no. of shares

% equity bought

KRBL Limited

837778

689399

1527177

386145954

235389892

0.65%

  Comments

·         One of the veteran value investor Anil Kumar Goel has been invested in the company for a long time, current stake (Dec 2019) is at 4.44% (Increased gradually). His stake in Dec 2015 was at 3.67%. Seema Goel holds 1.19% stake. Combined stake at 5.63%. Most of the stake was bought in low double digits. He has a fantastic track record of taking really long term bets.

·         However the stake came down to 4.54% in March 2020 as 10.87 lacs shares were sold as an invocation of pledge on 26th March 2020 making the 52 week low. Refer Link  

 htps://www.bseindia.com/xml-data/corpfiling/AttachHis/4C7A1A36_57F1_4A43_AF85_3ADB71513D14_193122.pdf . The sharp fall in price led to the invoking of pledge it seems.

·         10.87 lakh  shares sold on 26th March. Total Delivery Volumes = 11.38 lakhs on NSE. Almost 95% of the volumes!!

·         The next day onwards the stock started hitting upper circuits and from a low of 92 the stock is back at 200.

·         The Balsharaf family holds 3.33% stake. ED holds 2.76% stake. There is a litigation going on between Balsharaf family and Enforcement Directorate.

Refer :https://indiankanoon.org/doc/61425710/

·         M/s Pabrai Investment Fund purchased ~65 lacs of KRBL Ltd on 12-02-2018. The counterparty was Balsharaf family and ED nullified the trade which got Mr Mohnish Pabrai saved as the buying price was 594.

There have been a few concerns on KRBL - https://www.business-standard.com/article/markets/krbl-slips-13-as-ed-attaches-properties-in-embraer-defence-deal-case-119070500346_1.html 

At a price of 90-100 the market cap was much below the inventory in the company. Promoters have been buyers roughly around the 200 price zone.

Last 10-15 year chart.

At 100 the stock was back to the price of end of 2014.

Mohnish Pabrai bulk deal was close to the top and pledge invoking right at the bottom.

All time high was 670 in Nov 2017

52 week low was 92 on 26th March 2020

Conclusion

Many a times the stock prices may fall because of margin selling or forced selling due to various reasons. One needs to differentiate is the company leveraged or the investors in the company are leveraged leading to selling.

One needs to study and be convinced to accumulate the dip as reversals could also be very sharp and may not give an opportunity.

In Bear markets Investors Balance Sheets decides the prices of microcaps and smallcaps.

KRBL could still be an interesting company to study given that long term debt is negligible and a strong brand.

Report By - Harsh Doshi and Nooresh Merani

www.nooreshtech.co.in https://twitter.com/nooreshtech Whatsapp - 7977801488

Disclaimer - This is not a stock recommendation and just a note based on publicly available data. Please do your own research,risk management and consult your adviser.

          DISCLOSURE Nooresh Merani

Securities covered above:  KRBL

SEBI Registration disclosure - Investment Adviser ( INA000002991)

Financial Interest:

Nooresh Merani and his family/associates/ analysts do not have exposure in the securities mentioned in the above report/article.

Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.

Nooresh Merani and his family/associates/ analysts have not received any compensation from the company/third party covered in the above report/article ever.

Nooresh Merani and his family/associates/ analysts  has not served as an officer, director or employee of company covered in the report/article and has not been engaged in market-making activity of the company covered in the report/article.

The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision

Also read the detailed disclaimer - http://www.nooreshtech.co.in/disclaimer

KRBL Limited–Pledged Shares selling creates a Bottom published first on your-t1-blog-url

[lawyer2ca]

Bank Fraud: ED attaches assets worth over ₹9,000 crore in Sterling Biotech PMLA case :: @lawyer2ca® - 1. The ED has attached assets worth Rs 9,700 crore in connection with its money laundering probe against Gujarat-based pharmaceutical firm Sterling Biotech, formerly alleged in a multi-crore bank-fraud case. 2. The committee has issued a provisional order under the Prevention of Money Laundering Act (PMLA). This is one of the biggest orders issued under PMLA so far. 3. Four oil rigs in Nigeria, four Panama registered ships, a gulfstream jet registered in the US, and a residential flat in London have been attached. 4. The bank loan fraud is alleged to have been perpetrated by the Vadodara- based pharma firm and its main promoters- ‘The Sandesaras’. They are also known to be in contact with some high-profile politicians as recognized by CBI and Income Tax Department in relation to corruption and tax evasion activities. - #FDI #government #fraud #pharma #government #laws #rules #regulations #taxes #commerce #business #finance #money #investment #investors #law #Lawyer2CA #Lawyer2CAVentures #delhi #bombay #bangalore - https://lnkd.in/fHjCeRh https://www.instagram.com/p/BzNFYVolsZ3/?igshid=1ua0dmty7hi1c

[besthomeworkhelp]

Case 4

Fisher, B. (2017) Decoding the Ethics Code: A Practical Guide for Psychologists. 4th Ed. Sage Publications Inc.http://gcumedia.com/digital-resources/sage/2016/decoding-the-ethics-code_a-practical-guide-for-psychologists_ebook_4e.php

attachment PSY510-RS-Case4.docx