Latest news with #Rs2.96
Time of India
5 days ago
- Time of India
Beware of traffic challan scam
Coimbatore: Sathish Kumar, 45, of Srinagar at Irugur in the city, was unsuspicious when he received a message on WhatsApp on Thursday regarding a traffic violation - red light jumping to be specific - he was booked for and a fine of Rs1,000. Tired of too many ads? go ad free now It contained files to download the (mParivahan) mobile application to view the challan details and pay the fine. Thinking that the message was from the concerned govt department, Sathish Kumar downloaded the file. In no time, he lost Rs1 lakh to cyber fraudsters, who stole all data from his mobile phone and withdrew the amount from his bank account in two transactions. He promptly lodged a complaint with the city cybercrime police. Like him, 41 other city residents have fallen prey to the similar designs of the cyber fraudsters, who keep changing their strategies to trap people and loot their hard-earned money. According to the city cybercrime police, traffic challan scam is the latest trend across the country. They suspect it to be the handiwork of a section of cyber fraudsters from the north or northeast parts of India who randomly send traffic challan messages containing files through WhatsApp or SMS to drain unsuspecting people's bank accounts. P A Arun, inspector of police, city cybercrime police station, said the cyber fraudsters were earlier using fake online trading mobile applications to trap people. Many city residents had downloaded those apps and lost several crores of rupees to the cyber scamsters. "One has to be very cautious. And don't download any .apk files from strangers on your mobile phones, as it will help the cyber fraudsters easily steal all the data and withdraw large amounts from your bank accounts without your knowledge. Tired of too many ads? go ad free now Rackets involved in online financial crimes should be busted across the country," he said. The cybercrime police said the traffic challan (mParivahan fake app) scam was trending for the past four months. "We have received 42 complaints till date. One of the victims lost Rs2.96 lakh to the cyber fraudsters. We have created a special team to exclusively deal with the scam," said another police officer.
Time of India
19-06-2025
- Business
- Time of India
Tender floated for convention centre: PWD
Kolhapur: The state Public Works Department (PWD) has invited tenders to appoint a Project Management Consultancy for the proposed International Convention Centre in Kolhapur. The selected firm will be paid Rs2.96 crore to oversee construction and ensure completion within 30 months. T he centre will come up on government land near Rajaram Lake, accessible via both the new and old Pune-Bengaluru highways. Spread over 2 lakh sq m, with a built-up area of one lakh sq ft, the facility will include an auditorium, banquet hall, art gallery, amphitheatre, cafeteria, and seating for 2,000 people. The project cost is estimated at Rs252 crore, with Rs50 crore already sanctioned by the state in Jan. Shiv Sena MLA Rajesh Kshirsagar said, "The construction of the centre will be completed before the set deadline. It will help various associations and corporate companies to hold their meetings and functions."
Time of India
07-06-2025
- Health
- Time of India
Tamil Nadu chief minister to unveil ‘Nalam Kakkum Stalin' initiative soon
Namakkal: Health minister Ma Subramanian on Saturday said chief minister M K Stalin would soon unveil the 'Nalam Kakkum Stalin' initiative, under which 1,256 special medical camps would be held across the state, offering free health check-ups for the needy and disabled people, who would be issued disability certificates as well. Since Stalin took office as the chief minister, Rs360.75 crore have been spent on medical services and infra for the residents of Namakkal district alone, Subramanian said after inaugurating five projects completed at a cost of Rs2.96 crore and laying foundation for 13 new projects worth Rs8.30 crore. According to the minister, the govt has set up eight urban health centres at a cost of Rs2 crore, 14 sub-health centres for Rs3.51 crore and 13 primary health centres at a cost of Rs5.96 crore in Namakkal district. Other health infrastructure that the district received include public health units, nurses' quarters, a new building with outpatient services, laboratory, accident and emergency care, intensive care unit and surgical department at Kumarapalayam govt hospital, a blood bank at Kollimalai govt hospital and a new building at Tiruchengode govt hospital, he said. "In addition, 20 healthcare projects are currently in progress at a cost of Rs110.95 crore. One of them includes construction of a 50-bed intensive care unit at Paramathi Velur govt hospital at a cost of Rs23.75 crore," the minister said.
Express Tribune
25-02-2025
- Business
- Express Tribune
PSX modestly higher over economic cues
Foreign institutional investors were net buyers of Rs37.6 million worth of shares during the trading session. PHOTO: AFP Listen to article Pakistan Stock Exchange (PSX) on Tuesday closed modestly higher as it took cue from robust financial results in key sectors. The KSE-100 index reached the high of 115,890 during the day, before settling at 114,528, an increase of 198 points. Bullish activity was driven by several factors including an anticipated reduction in industrial power tariffs, low inflation, the potential privatisation of state-owned enterprises (SOEs) and the upcoming International Monetary Fund (IMF) review. Analysts expressed optimism about the market's trajectory, predicting further upward movement based on current trends and anticipated developments. Ahsan Mehanti of Arif Habib Corp commented that stocks closed higher in an earnings season rally amid robust financials in fertiliser, cement, oil and banking sectors. He added that expectations of reduction in industrial power tariffs, alongside thin inflation for February 2025, potential privatisation of SOEs and positive indicators ahead of IMF review next week played the role of catalysts in bullish close at the PSX. At the end of trading, the benchmark KSE-100 index recorded an increase of 197.98 points, or 0.17%, and settled at 114,528.09. In its review, Topline Securities stated that the KSE-100 index showed an upward trend, supported by local fund buying, as reported by the National Clearing Company on Monday. It reached the high of 115,890 points before closing at 114,528. The rise was largely driven by Bank AL Habib, MCB Bank, Oil and Gas Development Company, Maple Leaf Cement and Mari Petroleum, which together contributed 296 points. In contrast, Fauji Fertiliser Company, Hub Power and TRG Pakistan erased 146 points, it said. Arif Habib Limited (AHL) reported that KSE-100 made more upside progress as it reached the high of 115,800 during the day. Some 51 stocks rose while 45 fell, with Bank AL Habib (+2.73%), MCB Bank (+1.96%) and Oil and Gas Development Company (+1.41%) contributing the most to index gains. On the other hand, Fauji Fertiliser Company (-0.54%), Hub Power (-1.15%) and TRG Pakistan (-5.07%) were the biggest drags, it observed. AHL added that Fauji Cement (-2.38%) reported 1HFY25 earnings per share (EPS) of Rs2.96, an increase of 38% year-on-year, which was in line with expectations. "We are looking for a close above 115,000 points this week to set up a move towards old highs. The current setup indicates minimal downside and upside acceleration," it commented. JS Global analyst Muhammad Hasan Ather remarked that the benchmark KSE-100 index closed up 198 points after touching the intra-day high of 115,890. Investor optimism was spurred by anticipated fiscal incentives for the construction sector and positive economic indicators, he said. Additionally, Finance Minister Muhammad Aurangzeb's supportive stance and robust economic data further bolstered confidence. "The current pre-budget rally suggests continued bullish sentiment, with hopes of IMF loan programme expansion and strong remittance inflows driving future market gains," said Ather. Overall trading volumes increased to 496 million shares compared with Monday's tally of 455.5 million. The value of shares traded during the day stood at Rs29.4 billion. Shares of 444 companies were traded. Of these, 169 stocks closed higher, 223 fell and 52 remained unchanged. Fauji Cement was the volume leader with trading in 61.1 million shares, falling Rs1.01 to close at Rs41.46. It was followed by Maple Leaf Cement with 33.8 million shares, gaining Rs2.09 to close at Rs51.13 and At-Tahur Limited with 23.9 million shares, gaining Rs1.08 to close at Rs29.08. During the day, foreign investors sold shares worth Rs260.3 million, the National Clearing Company of Pakistan reported.
