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NSE probe: CBI collects documents from Sebi, quizzes Anand Subramanian

[ad_1] The Central Bureau of Investigation (CBI) has collected relevant documents from the Securities and Exchange Board of India (Sebi) as part of its probe into the irregularities at the National Stock Exchange (NSE). The agency also questioned the exchange’s former group operating officer Anand Subramanian in Chennai for the last three days, sources told FE on Monday. The CBI had questioned former NSE CEO Ravi Narain on Saturday in connection with the alleged abuse of the co-location facility by an NSE stock broker. It had quizzed the exchange’s former CEO Chitra Ramkrishna on Thursday and Friday. The agency had also issued lookout notices against Narain and Subramanian on Friday to prevent them from leaving the country. The CBI stepped into the case after tax raids on the Mumbai and Chennai residences of Ramakrishna and Subramanian commenced on Thursday morning. A senior I-T department official had told FE that financial transactions of Subramanian’s wife, Sunitha Anand, a former NSE official, were also being investigated. The CBI is also learnt to be investigating other unnamed NSE officials to gather evidence on allegations that some brokers received preferential access through the co-location facility at the stock exchange. Early login and ‘dark fibre’, which allows a trader a split-second faster access to the data feed of an exchange, could potentially result in big gains for a trader. The CBI had booked Sanjay Gupta, the owner and promoter of Delhi-based OPG Securities, and others in connection with the alleged abuse of the NSE co-location facility. The agency is also investigating unidentified Sebi officials. “It was alleged that the owner and promoter of the said private company (OPG Securities) abused the server architecture of NSE in conspiracy with unknown officials of NSE. It was also alleged that unknown officials of NSE, Mumbai, had provided unfair access to the said company using the co-location facility during the period 2010-2012 that enabled it to login first to the exchange server of Stock Exchange that helped to get the data before any other broker in the market,” the CBI has said in its FIR. It emerged that in 90% of cases, Gupta was the first to log in, which prompted murmurs in the stock broker circuit and resulted in a load balancer being introduced by the NSE. According to the FIR, Gupta again managed through the data centre staff of NSE to get connected to the backup servers, which were with zero load and provided far better and faster access of market feed to OPG Securities in comparison to other brokers. The probe agency has alleged that he had managed to manipulate Sebi’s inquiry against the role of OPG Securities in the misuse of TBT (tick-by-tick) architecture of servers by bribing officials of the market regulator. The ambit of the ongoing tax raids includes “suspected generation of black money by way of abuse of co-location facility in the NSE”, an official said. In an order issued on February 11, the Sebi had said Ramakrishna and Subramanian committed “financial misdeeds”, and identified serious governance lapses and misrepresentation of facts at NSE between 2013 and 2017. The regulator found that Ramakrishna shared sensitive information pertaining to financials, appraisals, increments and strategy with an unknown person, who is also referred to as “Siddha Purush” by Ramakrishna. [ad_2] Source link

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Old Navy: $14 Women’s Joggers and $10 Kids’ Joggers! (Today Only!!)

[ad_1] Grab a great deal on Old Navy Joggers today! Today only (2/21), Old Navy has Women’s Joggers on sale for just $14 and Kids’ Joggers on sale for just $10! There are many different styles and sizes to choose from. Choose free in-store pickup to avoid shipping costs. Otherwise, shipping is free on orders over $50 for Rewards members. [ad_2] Source link

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NABARD projects Rs 6 lakh crore credit outlay for priority sectors in Maharashtra Mumbai

[ad_1] The National Bank for Agriculture and Rural Development (NABARD) on Monday projected a credit outlay of Rs 6.13 lakh crore for priority sectors in Maharashtra in the next financial year. A ‘State Focus Paper’ projecting a potential credit outlay of Rs 6,13,503 crore to priority sectors by NABARD was launched by Chief Minister Uddhav Thackeray at a state-wide credit seminar, according to an official statement. The credit projections include estimations of Rs 1,43,019 crore (23 per cent) for agriculture, Rs 3,48,372 crore (57 per cent) towards MSME and Rs 1,22,112 crore (20 per cent) to other priority sectors, it said. Possible ways of increasing credit outreach in the state, specially to small and marginal farmers, were discussed in detail at the seminar. Deputy Chief Minister Ajit Pawar, Minister of Agriculture Dadaji Bhuse, Minister of Co-operation and Marketing Balasaheb Patil, senior officials from RBI, state government, commercial banks, regional rural banks and cooperative banks, among others, were also present. Thackeray suggested the need for concerted action by state government departments, banks and NABARD for realising the credit potentials so as to increase farmers’ income. He indicated the need for addressing the challenges posed by climate change and natural calamities, especially in Konkan region, through increased investment for climate proofing, as per the statement. [ad_2] Source link

NABARD projects Rs 6 lakh crore credit outlay for priority sectors in Maharashtra Mumbai Read More »

How to Make Money Remotely

[ad_1] The post How to Make Money Remotely appeared first on Millennial Money. To make money remotely you’ll need an employer who’s work-from-home friendly. You can also take the self-employment route and earn good money for your services as a contractor or freelancer.  Advantages of Remote Work: Flexibility within your schedule. Save time and money on commuting. Opportunity to live anywhere you want as a digital nomad Higher productivity due to less micromanagement Working a remote job isn’t for everyone, but in this pandemic era, it’s a choice many workers are happily making. And employers are seeing plenty of benefits as well. This article will explore the different ways you can make extra cash working remotely, where to look for remote work, and how best to transition into a remote job. Legitimate Remote Jobs  With the popularity of remote work on the rise, some people may find it difficult to know which opportunities are legitimate. I’ve found some good dependable choices for you. One of the first things to decide is whether you’re looking to work for an employer or work independently for yourself.  “We forecast that 25–30 percent of the U.S. workforce will be working from home one or more days a week after the pandemic.” – Kate Lister, Global Workplace Analytics Remote Tech Jobs IT specialist – sets up, manages and troubleshoots technology systems; can be a customer service job as well.  Data scientist – gathers and analyzes data to help companies solve problems.  Medical coder – takes information from a doctor’s visit and translates it into coded information for insurance companies.  Web developer – completes large and small website projects.  UI (user interface) artist/designer – creates user-friendly buttons, icons, and graphics for a website, app, or video game. Cybersecurity specialist – creates and performs security audits for software systems. With hackers on the rise in every industry, this is a fast growing role. Remote Teaching Jobs School teacher – teaches students of every grade level online. Higher education teacher – conducts research and teaches undergraduate and graduate students online. Culinary arts teacher – instructs students in various types of cooking classes.  Tutor – tutors school kids who need extra help with difficult subjects.  International English teacher – teach foreign students the English language. Remote Training Jobs  Personal trainer – helps clients hit their fitness goals online. Software trainer – teaches people how to use various software. Operations trainer – manages a company’s training department. Product trainer – teaches clients how to use new technology and products produced by the company. Remote Creative Jobs Ghostwriter – writes content for authors, blogs, and businesses. Graphic designer – designs the graphics for a website, logo, digital product, and more. Video content creator – creates video content for a company’s YouTube channel or TikTok account. Social media manager – manages the social media account of a large corporation or small business. Virtual assistant – assists with just about any online task a business owner might need. Proofreader – catches punctuation, spelling, and grammar errors in print and online writing. Online course creator – Design and sell an online course as passive income. Other Remote Jobs  Customer service representative – helps answer customer questions or solve problems with products/services. Call center representative – manages incoming and outgoing customer calls for a business/organization. Recruiting specialist – helps companies fill important job positions. Insurance agent – sells policies for cars, houses, life insurance, etc. Grant writer – researches and writes grants for non-profit organizations to secure grant funds for research and operations of programs. Sales representative – finds new clients for companies and sells products to organizations. What Companies Hire Remote Employees? If it’s steady income with benefits that you’re looking for, you’re in luck. Many popular companies such as Amazon, Google, Apple, Dell, IBM, and Xerox hire remote workers. Most of these companies are known for their flexible work policies, which often provide workers with the freedom to manage their own tasks. Companies Currently Hiring Remote Workers: Here are some of the top companies hiring remote workers in each major industry. Healthcare: Mayo Clinic  CVS Health Anthem  UnitedHealth Group American Red Cross Tech: Dell Technologies Apple HubSpot GitHub Mozilla Pantheon Finance: Wells Fargo  US Bank Stash Coinbase Education: Kaplan iTutor Literably Bilingual Therapies  There’s definitely not a shortage of dependable companies who are hiring. In the age of “The Great Resignation” where people are leaving jobs they hate in droves, job seekers these days have hundreds of choices for employment. Equipment Needed to Work From Home The equipment you’ll need to work from home will vary according to your field, but things such as reliable internet connection, a computer or laptop with good storage, and a dedicated place to work are the top three must-haves. Other Equipment You May Need as a Remote Worker:  An ergonomic office chair to avoid back, neck and arm strain. A desk or standing desk combination as an alternative to sitting for hours. A web camera for remote meetings. Not everyone needs a printer but some might find it handy. Office supplies such as pens, printer paper, and the like. A bulletin board or whiteboard for keeping track of tasks.  Some shelving or bins to keep things organized. A filing cabinet may also be a good idea for client files. If you’re part of a remote team with an employer, they’ll likely have some of these tools covered for you. Or you may receive reimbursement for various equipment. Self-employed workers and digital nomads will need to purchase their own office or work supplies which can usually be added to expenses at tax time. (Always check with a tax expert first.) I can personally recommend a few tools for anyone working remotely. These include noise-canceling headphones and some extra computer gear.  If you’re a writer, or do research and reports regularly, consider an extra monitor (or two) hooked up to your laptop. You can keep 12 tabs open on one monitor and your actual report open on the

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Kids’ Adorable Sheet Sets for just $12.59 after exclusive discount!

[ad_1] These Kids’ Sheet Sets are SO cute!! Zulily has these Kids’ Adorable Sheet Sets on sale for just $13.99 right now! Plus, you’ll save an extra 10% at checkout as our reader — making them just $12.59! There are over 15 different designs to choose from, but they’re selling out quickly so hurry! These are SO cute!! Shipping starts at $5.99. But if you place one order today, the rest of your orders will ship for FREE through 11:59 p.m. PT tonight! [ad_2] Source link

Kids’ Adorable Sheet Sets for just $12.59 after exclusive discount! Read More »

Gabbar Singh Tax’ critique of GST knee-jerk, disservice to our institutions, says Nirmala Sitharaman

[ad_1] Union Finance Minister Nirmala Sitharaman on Monday termed the Opposition’s criticism of the Goods and Services Tax (GST) as ‘Gabbar Singh Tax’ as a knee-jerk reaction which is a disservice to the country’s institutions. Responding to a suggestion pertaining to the GST during a post-Budget interaction with the industry in the financial capital, the Union minister explained that the GST council consists of all the states and the Centre, and the latter has only a one-third influence on the decisions which are arrived at. It can be noted that Congress leader Rahul Gandhi has repeatedly called the GST ‘Gabbar Singh Tax’, using the fictional character from a popular movie of the 1970s. Gandhi has blamed the GST as among the reasons for the decline in economic growth. “For whatever reason, unknowingly or unknowingly, when we try to tarnish the GST for whatever agenda, we are undermining the institution which has been created with all the states on board,” Sitharaman said. “Many knee-jerk reactions of… oh GST has now become a… the famous words of one of the opposition leader ‘Gabbar Singh Tax’, they are disserving our own country’s institutions,” she added. Revenue Secretary Tarun Bajaj said the GST is a very interesting thing where neither the states nor the Centre can decide and the decisions are basis a committee system which evaluates the process. The ministry official’s was responding to a question from L&T’s Whole Time Director for the defence business J D Patil who asked why cannot his company transfer tax credit from one state to another state in which it operates. He also said that companies are unable to transfer the credit between verticals they operate in. [ad_2] Source link

Gabbar Singh Tax’ critique of GST knee-jerk, disservice to our institutions, says Nirmala Sitharaman Read More »

Portable Wooden French Easel with Sketchbox, Pallet, and Storage Drawer just $74.99 shipped! (Reg. $150)

[ad_1] This Portable Wooden French Easel would make a fun gift idea for an artist! You can get this Portable Wooden French Easel with Sketchbox, Pallet, and Storage Drawer for just $74.99 shipped when you use the promo code BCPEASEL at checkout! Details: FOLDING, PORTABLE DESIGN: Folds down into an easy-to-carry case, with a built-in handle and shoulder strap to conveniently carry it anywhere or store in compact spaces VERSATILE WITH HEIGHT ADJUSTMENT: Use this French easel as a tripod stand, or fold the legs to set it on a table top surface and paint or draw artistic masterpieces. Each leg easily adjusts for the easel to stand at heights from 48 to 69 inches tall. ADJUSTABLE CANVAS HOLDER: Illustrate simpler work on a short canvas or create an intricate piece on a taller canvas, as the holder can be adjusted to fit a sheet up to 34 inches high STORAGE DRAWER: Keep art supplies such as paint brushes, drawing utensils, and more neatly stored in the sectioned drawer to help them stay secure, even when you’re on the go TRADITIONAL PAINT PALETTE INCLUDED: The unique palette is reminiscent of traditional designs and a more lightweight and easy-to-handle structure that provides freedom and comfort for artists This is such a great gift idea for a budding young artist! Valid through February 23rd, while supplies last. [ad_2] Source link

Portable Wooden French Easel with Sketchbox, Pallet, and Storage Drawer just $74.99 shipped! (Reg. $150) Read More »

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