Citizens' Issues
Anonymous takes down 800 Twitter accounts linked to IS

Hacking group Anonymous had declared war against Islamic extremists and last month had warned that they would take down all their websites and social media networks

 

Hacking group Anonymous has claimed responsibility for taking down 800 Twitter accounts, 12 Facebook pages and over 50 email addresses as they were linked to Islamic State (IS) terrorist group.
 
According to CNN, Facebook said that it had shut down 11 out of 12 pages listed by Anonymous because they breached its rules. However, Twitter has not yet commented on the issue.
 
Facebook declined to comment on whether the company was alerted by the hackers about the offending content.
 
Last month, Anonymous group had declared war against Islamic extremists and said in a YouTube video that they would take down all their websites and social media networks.
 

User

AAP receives I-T notice over donation from fake companies

The I-T department's notice refers to the allegations from a break-away group, AVAM, that AAP had received funding from dubious companies in March last year

 

Arvind Kejriwal-led Aam Aadmi Party (AAP) on Wednesday said it has received a notice from the Income Tax (I-T) department over the donation issue and is ready to face any probe.
 
AAP spokesperson Atishi Marlena said the notice was sent to the party's Patel Nagar office by the I-T Department.
 
"We are open for any probe by the Income Tax department or the Enforcement Directorate (ED). We want this issue to be probed so that these allegations can be put to rest. But while welcoming the probe, we also want a special investigation team (SIT) to probe political funding of all political parties and not just AAP," she said.
 
The notice refers to the allegations from a break-away group, AVAM, that AAP had received funding from dubious companies in March last year.
 
The notice states that the party had allegedly received four cheques from different companies on 31 March last year.
 
According to the notice dated 9th February -- a day before the counting, the I-T department found that the four companies from which AAP had received its donation are prima facie not "genuine", and neither the company nor their directors are available at the address. It has also asked AAP to produce 'book of documents or accounts' before the department.
 
Marlena said if the companies were dubious, then there should be an independent investigation to probe the companies as well.
 
"We will respond to the notice as we have nothing to hide and there is no fault of ours. How does one verify the address of a company, which does not exist? We had received cheques.
 
"It is not the job of the party to verify the addresses since it does not issue cheque books, which are mostly delivered at residential or office address by banks," said another party leader.
 

User

Mutual fund investments in bank shares surge to Rs76,061 crore

According to SEBI data, MFs investments in banking stocks stood at Rs76,061 crore as of January 2015, accounting for 21.4% of the total AUM of Rs3.55 lakh crore

 

Continuing with their bullish stance on banking stocks, mutual fund managers had raised exposure to the sector to a historic high of over Rs76,000 crore in January.
 
In comparison, their investments in banking stocks were at Rs30,339 crore in January 2014.
 
Mutual funds (MFs) collect funds from various investors for investing in securities such as stocks, bonds, money market instruments and similar assets.
 
According to data available with the Securities and Exchange Board of India (SEBI), MFs investments in banking stocks stood at Rs76,061 crore as on 31 January 2015, accounting for 21.4% of their total equity assets under management (AUM) of Rs3.55 lakh crore.
 
This also marks the fourth consecutive rise in MF industry’s exposure to banking stocks.
 
The previous high was in December last year when investments in the sector stood at Rs72,835 crore.
 
MFs had been raising their exposure to banking shares since January last year but their investment level in the sector dropped in September.
 
The industry again had increased the exposure in October and the momentum continued till January 2015.
 
Software was the second most preferred sector in January with an exposure of Rs35,463 crore, followed by pharmaceuticals (Rs24,366 crore), auto (Rs23,178 crore) and finance (Rs21,993 crore).
 
According to market participants, the ongoing market rally might see mutual fund assets getting diversified.
 

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)