Meghalaya Governor resigns
Meghalaya Governor V Shanmuganathan has resigned days after a controversy was triggered by reports in local media, which accused him of sexual misconduct.
67-year-old Shanmuganathan tendered his resignation from the post last night. Chief Minister Mukul Sangma had said earlier in the day that he was waiting for Prime Minister Narendra Modi and the Home Ministry to take a call.
The resignation also follows a protest in Shillong, in which civil society groups hit the streets on Republic Day.
Earlier, nearly 100 Raj Bhavan staff had petitioned President Pranab Mukherjee, the Prime Minister and Union Home Minister Rajnath Singh seeking their intervention to remove the Governor and restore the dignity of Raj Bhavan.
PAYTM is the next SARADA SCAM-40 Crores already pocketed
Media Personnel & Reserve Bank of India, Cyber Compalints redressal cell – Agra, Uttar pradesh & Paytm customer care
Dear friends
Paytm emerged as the solution to the common man for making daily payments when the currency had gone out of circulation. The company used this opportunity to not just expand and proliferate, but to also make con schemes against the common man. They have breached the trust of the common man and I am exposing this SCAM.
The company is discreetly deducting money from the accounts of unsuspecting customers and pocketing it.
Not just this, they are even erasing the passbook statement in their app so that the customers can not reconcile or notice any change in balance. I would not have believed this until I became a victim of this SCAM myself
I loaded my Paytm wallet through my credit card on 14th jan 2017 with Rs 17000/-. The money disappeared from the wallet along with the passbook history of the wallet on the 22nd Jan 2017. Since then I have been calling their customer care number and their local office/ corporate office numbers but the issue is not not being resolved, rather, it is not even being looked at. I have made 3 complaints at their call center number (09643979797). The company commits to resolve the issue in 48 hours but just does not respond back. Their customer care only has an IVR (automated voice recorder), so any person facing any issue is not able to speak to any company representative.
After having such a harrowing experience with PAYTM, I started looking online to see if there are other people facing similar issues and what I found left me aghast. I found that there are over ONE LAKH complaints and similar issues of money disappearing from PayTM wallets across the country. I have listed a few websites below which have hundreds and thousands of complaints listed on them and surprisingly, our regulator, RBI (reserve Bank of India) is sleeping and waiting for another fraud to rock the country.
If you read through the complaints, you will notice that the amount in most complaints ranges from Rs 500 to Rs 8000/-. Considering an average complaint amount of Rs 4000/- the total fraud claims by customers on PAYTM as on date would be approximately 40 crores.
Following are just indicative websites where consumers are registering their compaklins because the company is not resolving these complaints… Why the regulator is not looking at these mass compalints is questionable.
https://www.consumercomplaints.in/paytm-mobile-solutions-money-disappeared-from-paytm-wallet-c1479537 – The link shows that PAYTM has over 10,000/- registered compalints from users on this one website
http://mostusefultricks.com/paytm-customer-care – 100’s of complaints on this site
http://www.complaintboard.in/complaints-reviews/cyber-crime-cell-l358777.html – 100’s of complaints on this site
http://www.consumercourt.in/online-shopping/126030-paytm-fraud.html – 100’s of complaints on this site
http://www.grahakseva.com/topic/paytmcom – 100’s of complaints lying open on this site
http://www.thehindubusinessline.com/info-tech/paytm-app-now-has-customer-care-number-for-quick-redressal-of-complaints/article9432298.ece – The Hindu reported that company has not been addressing customer complaints and money is disappearing from wallets and no resolution is beng offered. Being backed by a Chinese company, the service provider is working like Chinese products.
Considering that there are numerous sites hosting consumer complaints and that PAYTM is being used by small and marginal vendors like cobblers, roadside hawkers, who would not even know where to complain in case of similar problems, It would be fair to assume that the company has over 1 lac compaints pending against it.
There are websites after websites listing complaints of PAYTM ,,, seriously why has RBI turned a blind eye towards it? I am listing several sites which are listing thousands of unresolved complaints of PAYTM. The company does not have any revenue model except discreetly deducting money from customer accounts and putting it in its own pocket. The company is working with bottom of the pyramid approach and deducting small sums of money from the wallets of lacs and crores of customers in the country. Such a company can only continue to operate and thrive in India because the regulators are sleeping.
Clearly its a fraud that company is running on millions of unsuspecting indians.
This is the next big scam.
RBI should cancel or atleast postpone its Payments Bank License.
This is the next big scam.
RBI should cancel or atleast postpone its Payments Bank License.
Date of incidence in my wallet: 22nd jan 2017
Location : Hira Sweets, Indirapuram habitat center, Indirapuram, Ghaziabad 201010
The company should add back the amount to the wallet. My credit card has already been charged with Rs 17000/-
Location : Hira Sweets, Indirapuram habitat center, Indirapuram, Ghaziabad 201010
The company should add back the amount to the wallet. My credit card has already been charged with Rs 17000/-
The regulators (RBI) and cyber cell of UP police is requested to take action against the company on such mass number of complaints
I have attached the copy of my credit card statement, the sms received from PAYTM showing that money has been transferred to the Wallet and also the passbook and present balance copy of Paytm wallet which reflect that the money was never transferred to the PAYtm account.
Siddharth Gupta
10 reasons why to study Spanish in the University of Santiago de Compostela
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GAIL Board approves issuance of bonus shares
GAIL Board approves issuance of bonus shares, interim dividend and raising of funds through Bonds:
New Delhi, January 27, 2017: GAIL (India) Limited has recommended issuance of one bonus share for every three equity shares held of Rs 10 each fully paid up, subject to shareholders approval. The decision was taken by the Company’s Board of Directors in its meeting held on 25th January, 2017. Consequently, the paid-up share capital of the Company will increase from Rs. 1,268.48 crore to Rs. 1,691.30 crore.
Earlier, GAIL had issued bonus shares of one fully paid-up bonus share for every two equity shares in October 2008.
GAIL’s Board also approved payment of interim dividend for the financial year 2016-17 at the rate of 85 per cent of paid-up equity share capital of the Company (Rs 8.5 per share). Interim Dividend will be paid with reference to the ‘Record Date’ i.e. 3rd February, 2017 fixed for the said purpose.
GAIL’s Board in its meeting held on 25th January, 2017 also approved raising of funds through secured/ unsecured, redeemable, non-convertible, taxable INR bonds up to Rs 750 crore with green shoe option up to 100 per cent of issue size aggregating up to Rs 1,500 crore on private placement basis, in one or more tranches.
GAIL Chairman & Managing Director Shri B C Tripathi said that GAIL is issuing bonus shares for the second time after its listing on the stock exchanges. “The decision has been taken in order to enhance shareholders’ value and acknowledge their support to the Company over the years,” he said.
Shri Tripathi further said that work on the prestigious Jagdishpur – Haldia –Bokaro – Dhamra Pipeline Project, popularly called the Pradhan Mantri Urja Ganga, is going on in full swing and GAIL is committed to complete the project within scheduled time. He said work on the Uttar Pradesh and Bihar sections of the Urja Ganga project has made significant progress and the next phase of the project is likely to commence in the second half of 2017.
The Chairman also stated that the expansion of the Petrochemical plant at Pata has stabilized. The production from subsidiary Brahmaputra Cracker & Polymer Limited’s plant in Assam, in which GAIL has 100 % marketing rights, is being ramped up. GAIL is looking to capture new markets for its petrochemical products and has commenced exports to China, Nepal, Bangladesh, Myanmar and Vietnam.
GAIL’s subsidiary GAIL Gas is executing its flagship City Gas Distribution project in Bengaluru and supply of piped natural gas to households has already commenced. Further, CNG stations have been set up to cater to the needs of vehicles in the city.
The issue of the INR bonds would help in funding the growing capex requirements for the future growth of the Company, Shri Tripathi said.
New Delhi, January 27, 2017: GAIL (India) Limited has recommended issuance of one bonus share for every three equity shares held of Rs 10 each fully paid up, subject to shareholders approval. The decision was taken by the Company’s Board of Directors in its meeting held on 25th January, 2017. Consequently, the paid-up share capital of the Company will increase from Rs. 1,268.48 crore to Rs. 1,691.30 crore.
Earlier, GAIL had issued bonus shares of one fully paid-up bonus share for every two equity shares in October 2008.
GAIL’s Board also approved payment of interim dividend for the financial year 2016-17 at the rate of 85 per cent of paid-up equity share capital of the Company (Rs 8.5 per share). Interim Dividend will be paid with reference to the ‘Record Date’ i.e. 3rd February, 2017 fixed for the said purpose.
GAIL’s Board in its meeting held on 25th January, 2017 also approved raising of funds through secured/ unsecured, redeemable, non-convertible, taxable INR bonds up to Rs 750 crore with green shoe option up to 100 per cent of issue size aggregating up to Rs 1,500 crore on private placement basis, in one or more tranches.
GAIL Chairman & Managing Director Shri B C Tripathi said that GAIL is issuing bonus shares for the second time after its listing on the stock exchanges. “The decision has been taken in order to enhance shareholders’ value and acknowledge their support to the Company over the years,” he said.
Shri Tripathi further said that work on the prestigious Jagdishpur – Haldia –Bokaro – Dhamra Pipeline Project, popularly called the Pradhan Mantri Urja Ganga, is going on in full swing and GAIL is committed to complete the project within scheduled time. He said work on the Uttar Pradesh and Bihar sections of the Urja Ganga project has made significant progress and the next phase of the project is likely to commence in the second half of 2017.
The Chairman also stated that the expansion of the Petrochemical plant at Pata has stabilized. The production from subsidiary Brahmaputra Cracker & Polymer Limited’s plant in Assam, in which GAIL has 100 % marketing rights, is being ramped up. GAIL is looking to capture new markets for its petrochemical products and has commenced exports to China, Nepal, Bangladesh, Myanmar and Vietnam.
GAIL’s subsidiary GAIL Gas is executing its flagship City Gas Distribution project in Bengaluru and supply of piped natural gas to households has already commenced. Further, CNG stations have been set up to cater to the needs of vehicles in the city.
The issue of the INR bonds would help in funding the growing capex requirements for the future growth of the Company, Shri Tripathi said.
Miss Universe beauty pageant begins in Manila
>Miss Universe beauty contest that culminate in a coronation in the Philippines capital on Monday.
Crowds packed the Mall of Asia Arena as each candidate showcased her swimsuits, evening gowns and national costumes in front of the judges.
The preliminary competition that started on Thursday will whittle down the crowded field to the top 12 candidates for the pageant night, the Miss Universe website said.
“The whole world is being united, and even though we don’t know each other, we still enjoy the event,” said Apple Natividad, one of the many spectators who attended the show.
Some even dressed like Miss Universe candidates to join the fanfare.
“This is a venue for beauty, but also the beauty of the heart, especially for us Filipinos who are fanatics for pageants,” said Rania Ziateh, who wore a Miss Philippines sash.
Over half a million people are expected to tune in to watch the coronation night next week, organizers said.
Filipina beauty queen Pia Wurtzbach currently holds the Miss Universe crown from 2015.
Oman Rail invites international tenders for rail project
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R-ADAG caught swindling Rs 1,000 cr from 7 State Govts
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