Latest news with #Ethos
Time of India
6 days ago
- Entertainment
- Time of India
Ethos denies scamming, blames his procrastination for the entire issue 'Honestly I just messed up'
(Image via YouTube/Ethos) Streamer Alan Ruan, popularly known as Ethos, recently faced some serious allegations coming from Miratisus. As per the accusation of misconduct, he failed to deliver promised rewards in the fan giveaway. Getting blamed for scamming moderators for hundreds of dollars, Ethos has finally responded, denying malicious intent and blaming his procrastination for this entire mishap. Here is all he said in his statement, including how his fans reacted to it. Ethos takes responsibility owning up to his failure In the detailed public statement, Alan Ruan response, confronting Ethos streamer controversy head-on, offered blunt self-assessment. He said, 'Honestly, I just messed up,' specifically citing his extreme laziness regarding stream-related tasks as the core reason for prolonged delays in the fulfillment of giveaway promises. While explaining why there were 3 winners and only 2 photo cards, he stated that the photo cards sat with his friends for months while he neglected to handle them. When the card was finally sent to Miratisus, a winner, it got returned by mail; Ethos admitted he failed to resend it promptly despite getting notified by him. He stated, 'that's completely my fault for being lazy.' He then vehemently denied any kind of malicious intent behind it, saying, "This wasn't some scheme - it was just me being irresponsible and procrastinating." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: New Container Houses (Prices May Surprise You) Container House | Search ads Search Now Undo As proof that he was not lying, he added pictures of the photo cards and said, "here's proof that i still have both photos including mira's still in her envelope (someone please just take them from me they are so embarrassing for me to have in my house).' Ethos has now offered complete refunds to all affected winners, taking responsibility. As he said, the winners, for their gifted subscription costs that happened during relevant periods of June and July 2024, will be refunded the entire amount. Ethos fans react with criticism, shock, and support over his explanation The community response to the admission of Ethos to initial Miratisus allegations has been sharply divided. There are many who expressed profound anger and disappointment. While others appreciated him stepping up and taking accountability. One comment even dismissed the entire thing, saying, another Val drama. An X user on the post commented, "Honestly, it really shouldn't take a whole year to realize you were being lazy," criticizing his lack of priority given to the community that supports him. "As a streamer, pls prioritize your community," adding further. Some even mocked the entire situation while questioning the value of the giveaway. The comment read, "All this over a signed ethos Polaroid 😭😭😭" A user even joked about the timeline of this entire event. The comment read, "Bro took an entire pregnancy's length to go to the post office." Some fans even expressed their concerns for the well-being of Ethos, suggesting depression or burnout might be the factors for this mishap. Others, though, commended streamer accountability, adding, "thank you for holding yourself accountable regarding this ,, many wouldn't." Ethos, despite his statement, faces the challenge of regaining the trust back, and it's clearly visible in the divided fans' comments and their reactions. For now, while he has requested his supporters not to harass Miratisus, he still remains in hot water without the oversight of when this entire issue will be cleared. What sparked the allegation against Ethos? The entire controversy stems from the accusations made by Miratisus, the former moderator. She has alleged that Ethos failed to deliver her and other winners, promised photo cards, which were a part of giveaways held in June and July 2024. As per Miratisus claims, she spent €207 (approx. $242) on the gifted subscriptions in order to become July 2024's top gifter. She even confirmed directly from Ethos if she would be receiving the card. Despite the repeated follow-ups over many months, as per her claims, the card didn't arrive. It happened, even when Ethos stated in a Stream that he attempted to mail it in April 2025. It was further alleged by Miratisus that when Ethos mentioned that the package got returned to him, she paid him for the re-shipping but still received nothing. Quite crucially, Miratisus asserted that "Not one of the winners from either month received a single thing," estimating the entire value of the gift made by top winners to exceed a thousand dollars. Her core accusation stated that Ethos scammed her and his other mods for more than a thousand dollars. Ethos, though, denied the characterization and attributed it solely to his admitted procrastination. What's next for Ethos? While it might seem that refund offers Ethos a free pass, but whether it will mend his reputation fully remains uncertain. This entire situation serves as a cautionary tale for the content creators about the importance of timely follow-throughs, quite especially when a fan contribution remains involved. For now, the ball remains in Ethos's court to prove that it was just a one-time lapse in his judgment and not a pattern of neglect. With the dust settling after this fan giveaway scamming, the streaming community would be watching very closely to see how he would rebuild the lost fans' trust after Ethos photo cards issue. Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
News18
20-06-2025
- Business
- News18
Stocks To Watch: Nestle, Oswal Pumps, Ethos, Natco Pharma, Angle One, And Others
Last Updated: Stocks to watch: Shares of firms like Nestle, Oswal Pumps, Ethos, Natco Pharma, Angle One, and others will be in focus on Friday's trade Stocks to Watch on June 20, 2025: Markets closed flat on the weekly expiry day amid mixed global cues, and stock-specific developments are expected to drive momentum today. Here's a look at key stocks likely to be in focus: Oswal Pumps The spotlight will be on Oswal Pumps as the company is set to debut on the exchanges today. Nestle India Nestle India has announced a board meeting scheduled for June 26 to consider a proposal for issuing bonus shares. Ethos Goldman Sachs sold over 1.77 lakh shares of Ethos in a block deal worth Rs 48 crore, with shares sold at Rs 2,700.6 apiece. Sai Life Sciences Private equity firm TPG is likely to offload 12.5 million shares, representing a 6% stake in Sai Life Sciences, in a deal estimated at $102 million (Rs 885 crore). The USFDA has issued Form 483 with seven observations for Natco Pharma's Kothur, Hyderabad facility. Axiscades Technologies Axiscades Technologies entered into a strategic partnership with Europe's Aldoria to enhance India's space capabilities. Angel One Devender Kumar, Chief Revenue Officer – Direct Business, has resigned and will be relieved from his duties effective September 30, 2025. Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published: June 20, 2025, 07:55 IST
Economic Times
20-06-2025
- Business
- Economic Times
Stocks in news: Oswal Pumps, Nestle India, Angel One, Natco Pharma, Ethos
Devender Kumar resigned as the Chief Revenue Officer-Direct Business of the company with effect from September 30. Markets remained mostly flat on the weekly expiry day amidst mixed signals. Several companies saw significant activity, including Oswal Pumps debuting on the exchanges and Nestle India considering a bonus share issue. Block deals impacted Ethos, while Sai Life Sciences may see a stake sale. Natco Pharma received a US FDA Form 483. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets traded lacklustre on the weekly expiry day and ended almost flat amid mixed cues. In today's trade, shares of Oswal Pumps Ethos among others will be in focus due to various news of Oswal Pumps will be in focus as the company will debut on the exchanges major Nestle India will hold a board meeting on June 26 to consider and approve a proposal for issue of bonus shares. Goldman Sachs sold over 1.77 lakh shares of Ethos via a block deal. The deal size is worth Rs 48 crore and the shares were sold at a price of Rs assets management company TPG is likely to sell 12.5 million shares representing 6% stake Sai Life Sciences at an estimated deal size of $102 million (Rs 885 crore).GMM Pfaudler arm Pfaudler Normag Systems GmbH, Germany, bagged an order worth Rs 330 crore from a European-based Technology opened its qualified institutional placement (QIP) issue to raise up to Rs 1,600 crore, according to FDA issued Form 483 with 7 observations for company's Kothur, Hyderabad-based Pharma Tech signed a strategic partnership with Europe's Aldoria to strengthen India's Space CapabilitiesDevender Kumar resigned as the Chief Revenue Officer-Direct Business of the company with effect from September 30.
Time of India
19-06-2025
- Business
- Time of India
Ethos block deal: Goldman Sachs sells shares worth Rs 48 crore in this smallcap stock
Goldman Sachs on Thursday sold over 1.77 lakh shares of Ethos Limited via a block deal. The deal size is worth Rs 48 crore and the shares were sold at a price of Rs 2700.67, which is a 5% discount against the previous closing price of Rs 2848.45 on the BSE. Goldman Sachs held 1.40% stake representing over 3.43 lakh shares through its affiliate Goldman Sachs Funds-Goldman Sachs India Equity Fund. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 혈관이 조여오는 느낌이 드신다면.. 메디셜 더 읽기 Undo Ethos is an authorized retailer of over 70 premium luxury watch brands with more than 70 stores in India. The market capitalization of the company is Rs 7,282.91 crore. Ethos shares today ended at Rs 2,721.80, down by 126.65 or 4.45% over the Wednesday closing price. The stock has had a lackluster run on the D-Street this year so far with share price falling by 4%. Over a 1-year period, its shares are up 8%. In contrast the headline index Nifty has gained 4% in 2025 while rising by 5.4% over a 1-year period. Live Events According to Trendlyne data, Ethos shares are currently trading above its 50-day simple moving average (SMA) of Rs 2,629 while below its 200-day SMA of Rs 2,735. Ethos' quarterly consolidated net profit in the March 2025 ended quarter stood at Rs 23 crore which is growth of 8.2% year-on-year over Rs 21 crore reported in the year ago period. Meanwhile, the quarterly revenue in Q4FY25 stood at Rs 317 crore which is growth of 21.6% YoY versus Rs 261 crore reported in the corresponding quarter of the corresponding quarter of the previous financial year. Momentum indicators RSI and NFY are in a medium range of 46 and 44, respectively. A number above 70 is considered as overbought while below 30 is seen to be oversold. Also Read: TPG likely to sell 6% stake in Sai Life Sciences at estimated price of Rs 885 crore in block deal: Report
Business Standard
17-06-2025
- Business
- Business Standard
Ethos acquires Dubai subsidiary to boost Middle East presence
Ethos announced that it has acquired 100% equity in its newly incorporated subsidiary, Ficus Trading LLC, as part of its strategic expansion into international markets, particularly the Middle East. According to a regulatory filing, Ethos acquired 300 equity shares of AED 1,000 each, amounting to an initial paid-up capital of AED 300,000. The acquisition was completed on 16 June 2025. Ficus Trading LLC was incorporated on 17 April 2025 in Dubai, UAE, and will be engaged in the trading of watches, clocks, and their spare parts. The company aligns with Ethos' core business and is expected to strengthen its presence in overseas markets. As the entity is newly incorporated, historical turnover figures are not applicable. The company confirmed that Ficus Trading LLC is a related party, but the promoters or promoter group do not have any direct interest in the subsidiary. Ethos is one of India's leading retailers of luxury and premium watches, established in 2003. On a year-on-year basis, the companys consolidated net profit advanced 8.17% to Rs 22.75 crore on a 23.28% increase in revenue to Rs 311.32 crore in Q4 FY25 over Q4 FY24.
