Latest news with #Satellite
Time of India
04-07-2025
- Business
- Time of India
Three employees forge signs, steal Rs 1.64 crore from Ambawadi firm in Ahmedabad
Ahmedabad: When their cheques began bouncing in March, the partners at a civil engineering consultancy firm in Ambawadi initially suspected a banking error. But a detailed audit unearthed something far worse: more than Rs 1.64 crore had allegedly been stolen by three employees they had trusted for years. Lov Anandjiwala, a senior partner of Anandjiwala Technical Consultancy LLP, filed a complaint with Satellite police on Thursday. The 38-year-old told police, "When the cheques bounced, the company checked the accounts with Indian Overseas Bank (Vastrapur) and State Bank of India branches in Shivranjani and Nagpur and found significant financial irregularities." The complaint alleges that a senior accountant transferred Rs 27.81 lakh to his personal account using forged cheques. A clerk, who managed banking operations, is accused of using forged signatures to acquire duplicate cheque books and embezzling funds totalling Rs 79.02 lakh through unauthorized withdrawals. He allegedly also withdrew Rs 19.1 lakh from an LLP account and diverted Rs 54.38 lakh via digital transfers, in addition to pocketing Rs 11.52 lakh in cash collected from clients and never deposited to the bank. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad An accountant employed since 2016 allegedly helped cover up the transactions by fabricating statements between 2018 and 2025, masking the financial discrepancies. The firm's partners uncovered the irregularities during a bank review on April 3. The employees reportedly admitted to the fraud when confronted and promised to repay the money. Between April and July 2025, the accused and their relatives paid Rs 30.75 lakh through bank transfers. However, an outstanding sum of Rs 1.64 crore remains unrecovered. Satellite police have registered a case under relevant sections of the Bharatiya Nyaya Sanhita for breach of trust, cheating, and forgery, and have launched an investigation.
Miami Herald
28-06-2025
- Business
- Miami Herald
DirecTV cuts back a major service as consumers switch gears
It is no secret that consumers across the country have been ditching traditional cable TV for streaming services such as Netflix, HBO Max, Hulu, and Paramount+ over the past few years. These services offer access to a wide variety of TV shows and films at significantly lower prices than cable. According to a recent survey from digital security firm All About Cookies, only 46% of Americans still use traditional cable or satellite TV services, and only 14% of cord-cutters regret cutting their cable. Also, 76% of Americans watch shows through paid streaming services. Don't miss the move: Subscribe to TheStreet's free daily newsletter Amid this growing trend, a recent report from MoffettNathanson found that traditional pay-TV providers saw a 12.6% decrease in subscribers during the second quarter of 2024. Cable providers lost 1.03 million subscribers, while satellite services, such as DirecTV and Dish, lost 495,000. Related: Comcast raises red flag about unexpected customer behavior In response to this major shift, DirecTV has recently ramped up its efforts to win back customers. Last year, the cable giant leaned further into the streaming business by offering them access to over 90 channels, such as MovieSphere, Fox Weather, Court TV, etc., for free through its MyFree DirecTV app. In January, it also launched its MySports streaming package, which offers access to over 40 sports and broadcast channels for $70 a month. The following month, DirecTV even introduced three new streaming bundles called Genre Packs. These bundles include MyEntertainment, MiEspañol, and MyNews, which all offer customers channels for under $50 a month, a cheaper option than DirecTV's traditional cable bundles. Image source: Fallon/Bloomberg via Getty Images While DirecTV is increasing its investment in streaming, it appears to be slowly phasing out its satellite TV service. According to a new message on DirecTV's website, the cable giant warns new customers looking to sign up for satellite TV that the service is no longer available in all areas. It encourages them to sign up for its paid streaming services instead. "DIRECTV Satellite is not currently available in all areas," said DirecTV on its website. "Check your service address by entering the ZIP Code of the address where you want DIRECTV service. Want the same package without the Satellite? Switch to DIRECTV Streaming App now by selecting that option below." Related: Spectrum struggles to reverse alarming customer behavior In a statement to TheStreet, a DirecTV spokesperson said this change is a "limited-time trial." "In select markets, this limited-time trial will increase awareness and adoption of our satellite-free streaming service, which has quickly become the preferred solution for new customers," said the spokesperson in the statement. According to a recent report from Cordcutter News, the areas that appear to be impacted by this change include large cities with solid high-speed internet access, which are great areas for DirecTV to push its streaming services. New customers in rural areas that have limited internet availability may, however, still have access to DirecTV satellite services. The move from DirecTV comes at a time when some Americans are starting to change their tune about paid streaming services, as a few recently raised their prices amid increased demand. According to a survey from digital security firm All About Cookies, 84% of respondents have canceled a streaming subscription in the past, and 44% said price hikes pushed them to make this decision. More media and entertainment: Disney makes major theme park announcement after startling lossComcast raises red flag about unexpected customer behaviorDisney CEO offers unexpected response to tariff concerns Amid this budding trend, free streaming platforms are becoming more popular among consumers. For example, Paramount, which owns PlutoTV, revealed during an earnings call in May that PlutoTV "delivered its highest consumption ever" during the first quarter of 2025. That same month, Fox also revealed during an earnings call that its free ad-supported streaming platform Tubi faced "accelerating growth" during the same quarter. Related: Paramount makes a harsh decision amid declining sales The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Time of India
23-06-2025
- Business
- Time of India
A'bad scientist loses 2L to online investment fraud
Ahmedabad: A 49-year-old woman from the Bopal area of Ahmedabad, who works with the Physical Research Laboratory (PRL), filed a police complaint on Monday after losing Rs 2 lakh to an online investment fraud between May 5 and 22. According to the complaint, she was browsing Facebook when she saw a post about an investment opportunity. She contacted a number mentioned in the online post, which led to further discussions on WhatsApp. She was asked to fill out a form and later received messages from a person who introduced herself as Aradhya Mishra. The complainant was told to download a mobile application for investment purposes. She was then asked to begin investing money. Following the instructions, she made two online transfers of Rs 50,000 each on May 7 and 8. She was shown that her investments had registered a profit. On May 20, she transferred Rs 1.21 lakh and on May 21, Rs 2 lakh more to different accounts through an online payment method for investment purposes. The next day, she was asked to deposit an additional Rs 2.5 lakh to claim ownership of a share in an initial public offering (IPO). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cuối cùng, chơi miễn phí game chiến thuật hay nhất 2025! Sea of Conquest Phát ngay Undo At this point, she suspected fraud and decided not to make any more payments, the FIR states. She called the national cybercrime helpline 1930 and received an acknowledgement. She then filed a complaint with Satellite police. The woman alleged that the accused gained her trust through false promises and cheated her by not returning the money. Satellite police registered an FIR of cheating and breach of trust under the Bharatiya Nyaya Sanhita along with charges of the Information Technology Act and began an investigation.
Yahoo
11-06-2025
- Entertainment
- Yahoo
Saturn to host Summer Market with local vendors
BIRMINGHAM, Ala. (WIAT) — Saturn's Summer Market will be held on Saturday. From 12- 4 p.m., local vendors will be selling art, vintage items, handmade goods and more in Saturn's music venue. Visitors can also stop by the Satellite bar and coffee shop located in Saturn. Where to find Friday the 13th tattoo deals in central Alabama Saturn's Summer Market is free to attend. A full list of events and concerts being offered at Saturn this month can be found here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Scoop
21-05-2025
- Sport
- Scoop
Squash Action Hits Courts For Auckland Open
Press Release – Squash Auckland The Barfoot & Thompson Auckland Squash Open gets underway, tomorrow (Thursday 22 May) at the North Shore Squash Club with some intriguing matches in the opening rounds. The men's PSA Challenger has first and second round matches on Friday followed by quarters and semis on Saturday and final Sunday while the women's Satellite runs Thursday, Saturday and Sunday. The men's draw involves players such as Northland left-hander Freddie Jameson who was a finalist at the New Zealand Junior Open this year but is up against another teen in Auckland's Vihan Chathury who will be playing for New Zealand at World Junior Championships in Egypt in July. Gisborne-raised Willz Donnelly, Bay of Plenty's Glenn Templeton as well as Henderson's Apa Fatialofa and North Shore's Sion Wiggan against Korean seed Youngjo Ko are all on court in the first round. If matches go to plan top seeded 18-year-old Ollie Dunbar will play seventh seed Gianluca Bushell-O'Connor from Australia in the quarters on Saturday, Dunbar ranked 140 in the world would then have a likely semifinal against either fourth seed Camern Darton (Australia) or fifth seed Jooyung Na (Korea) on Saturday afternoon. In the bottom half of the draw Shamil Wakeel from Sri Lanka who is seeded second will face the winner of the clash between Malaysian teenager Harith Daniel and Taupo's Bryce McMullen in the second round The women's Satellite draw has Jena Gregory originally from the Hawkes Bay, as top seed and set to face Waikato's Sophie Hodges, the fourth seed in the semifinals if the draw works out. Second seed, Bay of Plenty's Winona Jo-Joyce could come up against third seed Emma Merson (Bay of Plenty) or four-time former champion Lana Harrison for a place in the final. The tournament runs Thursday 22 May – Sunday 25 May at the North Shore Squash Club with 170 entries across all divisions. All draws will be on the website.
