Technology
WhatsApp brings back text 'Status' feature
Soon after attracting backlash over its Snapchat-like 'Stories' feature, WhatsApp has revived its text 'Status' option while keeping its image-based replacement, a media report said.
 
In mid-February, WhatsApp removed the feature that let users set a message and then gave the 'Status' name to a Snapchat 'Stories' clone. But last week, text Statuses reappeared in the Android Beta version of WhatsApp in the 'About' section of the profiles, Tech Crunch reported on Wednesday.
 
"We heard from our users that people missed the ability to set a persistent text-only update in their profile, so we have integrated this feature into the 'About' section in profile settings," WhatsApp was quoted as saying.
 
"Now, the update will appear next to profile names anytime you view contacts, such as when creating a new chat or looking at Group info. At the same time, we are continuing to build on the new Status feature that gives people fun and engaging ways to share photos, videos and GIFs with their friends and family throughout their day," the company added.
 
The 'About' status will roll out to all Android users over the next week and is coming soon to iPhone.
 
Users can open the 'About' section of their profile to set a text 'Status' and view other people's updates by opening their contact.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

 

User

Printing of new Rs500, Rs2,000 notes costs Rs2.87 to Rs 3.77
The cost of printing a new Rs 500 currency note is in the range of Rs 2.87 to Rs 3.09, and Rs 3.54 to Rs 3.77 for a Rs 2,000 note, Parliament was informed on Wednesday.
 
"The approximate cost of printing each note of new Rs 500 currency note is in the range of Rs 2.87 to Rs 3.09 and for a Rs 2,000 note is Rs 3.54 to Rs 3.77," Minister of State for Finance Arjun Ram Meghwal said here in a written reply in the Rajya Sabha.
 
The minister, however, said that it was too early to indicate the total cost of printing of new notes of Rs 500 and Rs 2,000, as those were still being printed. 
 
The currency in circulation as on February 24 was Rs 11.641 lakh crore, Meghwal said.
 
The old Rs 500 and Rs 1,000 notes returned to the Reserve Bank of India and currency chests amounted to Rs 12.44 lakh crore, as of December 10, 2016. 
 
"Verification of returned notes for counterfeit notes and accounting reconciliation is in process," he added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

 

User

The police cannot lift the corporate veil and arrest a company founder, CEO or other directors over a commercial deal - legal expert
Lifting the corporate veil cannot be done as a matter of routine and certainly the police cannot do that on its own to arrest a company founder, CEO or other directors over a commercial deal, said a legal expert.
 
He was referring to the arrest of Yogendra Vasupal, founder of Stayzilla an online homestay market place by the city police on Tuesday for not settling the dues of an advertising agency.
 
The basic tenet on which a company is incorporated under the Companies Act is that it is a separate legal entity different from its promoters and shareholders. The liability of the shareholders is limited to the capital they have invested and does not extend to their private assets, they said.
 
"The corporate veil cannot be lifted as a matter of routine. There are several parameters to be followed to lift the corporate veil. Normally corporate veil would be lifted in cases were the corporate structure is used for evasion of government taxes, to act against public interest," D. Varadarajan, Supreme Court advocate specialising in company/competition/insurance laws told IANS over phone from New Delhi on Thursday.
 
"Unpaid vendors would rank as unsecured creditors and their dues would be settled only after the settlement of government dues, secured creditors," a company secretary of a Mumbai based private company told IANS not wanting to be named in the report.
 
According to Varadarajan, there is no promoter shareholding threshold or shareholding index for lifting the corporate veil.
 
"Similarly for the sake of a commercial transaction the corporate veil cannot be lifted," Varadarajan added.
 
Queried about the recourse that a vendor who is also a start-up can have for recovering his dues from a wilful defaulter Varadarajan said: "Certainly it is a civil case and not a criminal one. The affected vendor can file a case in the courts for settling commercial disputes. Payment default is a business risk that a vendor faces."
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

 

User

COMMENTS

T.c. Shivswamy

5 months ago

When a real estate company cheats thousands of investors whether CPA or Real estate act is applicable to prosecute the MD and directors of the
company under criminal law?

T.c. Shivswamy

5 months ago

what about real estate pvt ltd companies cheating their clients by false promises?

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)