Business
Brightcom share holders are unable to sell it
As per SEBI order, 1,50,00,000 warrants were issued to Shankar Sharma vide Notice No. 25 at Rs.37.77 per warrant.
![sebi took action on Brightcom](https://newsfeast.in/wp-content/uploads/2023/08/20230823_111550.jpg)
Markets regulator SEBI passed an interim order on August 22, barring the sale of Brightcom shares. SEBI has passed this interim order after examining the preferential shares of Brightcom Group.
In the investigation by SEBI, it was found that the allotment of Brightcom Group preferential shares has been manipulated. Investigation also revealed that fake receipts of share application money were taken from the allottees to divert the money of Brightcom Group. SEBI immediately passed an interim order banning the sale of shares of Brightcom Group after the shocking revelations in the investigation.
As per SEBI order, 1,50,00,000 warrants were issued to Shankar Sharma vide Notice No. 25 at Rs.37.77 per warrant. Accordingly, Shankar Sharma would have to pay a total of Rs 56.66 crore. But the company got only Rs 39.98 crore instead of Rs 55.66 crore. That is, he got Rs 16.67 crore less than the correct value.
Even there is no proof of payment of Rs 39.98 crore.
According to SEBI’s interim order, “Brightcom Group had received Rs 25.7936 crore from Shankar Sharma. Thereafter, Shankar Sharma sent an email to SEBI on 25 and 26 July 2023 informing SEBI that he paid Rs 14.19 crore as warrant application money.” Brightcom Group’s HDFC Bank account.
However, Sharma did not give any details of the transaction other than the amount in his full statement. Because of this, it could not be verified whether Sharma made the payment or not.
And at present it is being investigated It is going on. Therefore, it seems that Brightcom Group has received only Rs 39.98 crore.
The company has not received the full amount from Sharma. The claims of Brightcom Group in this matter are false.”
What Action does taken on veteran investor Shankar Sharma ?
Apart from this, SEBI had barred both these officials from entering the securities market till further notice. It has also barred veteran investor Shankar Sharma and 21 others from disposing of shares in the company until further notice.
All these people have faced serious allegations of financial irregularities.
SEBI said that in June the company has issued wrong bank statements. For which Reddy and Raju are responsible. Because then these people were in responsible positions.
Why all this happens?
In October last year, SEBI had received a complaint regarding the funds collected by the company from FY 19 to 21.
INDIA
5 BEST LOAN APPS 2024 IN INDIA
![5 BEST LOAN APPS 2024 IN INDIA](https://newsfeast.in/wp-content/uploads/2024/02/5-BEST-LOAN-APPS-2024-IN-INDIA.jpg)
BEST LOAN APPS 2024 IN INDIA: In today’s time, taking a loan has become very easy. In today’s time, people can easily get loans through online platforms. In such a situation, many people think about which platform they should use which is safe for them. There are more than 10 thousand loan apps available in India, among which there are some apps that fraud people.
Today through this article we will tell you which App is approved by RBI and is safe for you. By taking loans people will be able to fulfill their needs on time.
5 BEST LOAN APPS 2024 IN INDIA
These 5 BEST LOAN APPS help you in taking a loan, you can easily take a loan from here and it is approved and registered by RBI which is a safe loan app for you.
With these apps, you can easily apply for a loan online and the applied loan money will be transferred to your account within some time.
1. Navi
BEST LOAN APPS 2024 IN INDIA Navi is a fintech loan app that provides you with loans in urgent situations and its interface is very easy, you can easily take a loan from here. To take a loan from this app, your age should be 21 to 65 years. The interest rate of Navi Loan App ranges from 9.9% to 45%. MIN CIVIL SCORE should be >650. There is no processing fee in this App. There is no preparation fee to be paid for this.
You have to keep one thing in mind you will get a loan at this interest rate only when your minimum monthly SALARY is between Rs 20000 to Rs 25000. Through this app, you can take a loan from Rs 1000 to Rs 20 lakh.
REQUIRED DOCUMENTS: A PAN card and Aadhar card are required in REQUIRED DOCUMENTS. In this, verification of documents is done immediately.
2. kreditbee
kreditbee is a very trustworthy loan app that gives loans easily without any hassle. To take a loan from kreditbee, your age should be 21 to 50 years. The interest rate of this app ranges from 16% to 29.95%. Your MIN CIVIL score should be >650. You will get a loan at this interest rate only when your minimum monthly salary is Rs 10000 to Rs 15000.
The processing fee of kreditbee App is Rs 150 to Rs 13750. There is no preparation fee to be paid for this. In this, you can take a loan from Rs 3000 to Rs 5 lakh.
REQUIRED DOCUMENTS: REQUIRED DOCUMENTS require a PAN card, Aadhar card, salary slip, and bank statement. It takes one day for DOC.VERIFICATION. More than 50 million users use this app.
3. Cash
Cashe is one of the BEST LOAN APPS 2024. To take this loan, you must be 18+ years of age. The interest rate of this app ranges from 30.42% to 44.52%. In this your MIN CIVIL score should be >650. You will get a loan at this interest rate only when your minimum monthly salary is Rs 12000. The processing fee of the cash app is 5.5% to 6.5%. In this, you can take a loan from Rs 1000 to Rs 4 lakh.
REQUIRED DOCUMENTS: REQUIRED DOCUMENTS require a PAN card, Aadhar card, salary slip, and bank statement.
4. True Balance
True Balance is a trust full app in terms of loan giving. To take this loan, your age should be 18 to 60 years. Its interest rate ranges from 28.8% to 70%. Your MIN CIVIL score should be >650. True Balance’s processing fee is up to 15%. Through this app, you can take a loan from Rs 1000 to Rs 1 lakh.
REQUIRED DOCUMENTS: REQUIRED DOCUMENTS require a PAN card, Aadhar card, salary slip, and bank statement. It takes 10 to 20 minutes for DOC.VERIFICATION.
5. Money Tap
MoneyTap is revolutionizing personal loans in India with its app-based credit line. Age must be 23+ years to avail of a loan from this app. The interest rate of Money Tap ranges from 13% to 26%. In this your MIN CIVIL score should be >650. Its processing fee is Rs 999+ up to 7%. Through this app, you can take a loan from Rs 3000 to Rs 5 lakh.
REQUIRED DOCUMENTS: PAN card and bank statement are required in REQUIRED DOCUMENTS. It takes 10 to 15 minutes for DOC VERIFICATION.
Know the interest rate and processing fees of all apps
Of all these apps, NAVI AAP has the lowest interest rate which is 9.9% to 45%. Along with this, you will not have to pay any processing fee. There is no preparation fee to be paid for this. Let us know the NTREST rate and processing fees of all the apps below.
S. NO. | LOAN APPS | INTEREST RATE | PROCESSING FEES |
1 | Navi | 9.9% to 45% | No Processing Fee |
2 | CREDITBEE | 16% to 29.95% | Rs 150 to 13750 |
3 | Cashe | 30.42% to 44.52% | 5.5% to 6.5% |
4 | True Balance | 28.8% to 70% | Upto 15 % |
5 | Money Tap | 13% to 26% | No Processing Fee |
Business
Simple Dot One Electric Scooter is unveiled by Simple Energy: Features, Range, and Price Information are disclosed.
On Monday, Simple Energy declared that on December 15, it will introduce its Simple Dot One electric scooter to the Indian market. It is at this point that model pre-booking will begin. The Simple Dot One has been positioned as a sub-variant in the company’s electric two-wheeler series, following the launch of the Simple One.
![Simple Dot One Electric Scooter is unveiled by Simple Energy: Features, Range, and Price Information are disclosed.](https://newsfeast.in/wp-content/uploads/2023/11/Simple-Dot-One-Electric-Scooter.jpg)
![Simple Dot One Electric Scooter is unveiled by Simple Energy: Features, Range, and Price Information are disclosed.](https://newsfeast.in/wp-content/uploads/2023/11/Simple-Dot-One-Electric-Scooter.jpg)
How long is it going to Single charges?
Built on the same platform as the company’s first electric scooter, Simple One is Simple Dot One. Nonetheless, a 3.7 kWh-R battery pack will be installed in it, enabling this electric vehicle to travel up to 151 kilometers on a single charge. This EV’s range has been extended through unique modifications. Along with many other features like a touchscreen instrument cluster and app connectivity support, there will be a 30-liter storage space under the seat. Delivery of it will begin in January 2024.
What is the estimated cost?
Seen as a more affordable version of the Simple One model, the Simple Dot One highlights the need to lower the cost of electric scooters so that they are more affordable for a wider range of consumers. The official cost won’t be revealed until the following month, though. It is crucial to remember that the Simple One model starts at ₹1.45 lakh (before taxes and subsidies).
Business
Royal Enfield’s Bold Move: Unveiling the Exclusive Shotgun 650
The 650 Royal Enfield Shotgun The Interceptor Continental GT and Super Meteor 650 are the first two models built on the 650cc platform, followed by the bobber-style motorcycle known as the Shotgun 650. Royal Enfield will initially produce 25 vehicles with hand-painted liveries. For Rs 4.25 lakh (ex-showroom), 25 guests of the Motoverse event will be able to purchase these.
![Royal Enfield's Bold Move: Unveiling the Exclusive Shotgun 650](https://newsfeast.in/wp-content/uploads/2023/09/Royal-Enfield-Shotgun-650.jpg)
![Royal Enfield's Bold Move: Unveiling the Exclusive Shotgun 650](https://newsfeast.in/wp-content/uploads/2023/09/Royal-Enfield-Shotgun-650.jpg)
Auto-Desk. When Royal Enfield unveiled the Shotgun 650 in Motoverse 2023, everyone was taken aback. Because the focus of attention was solely on the Royal Enfield Himalayan 450, at which point the bike’s pricing was set to be disclosed during the Goa event. The Royal Enfield Shotgun 650 is a contentious topic. As a result, we will review the Royal Enfield Shotgun 650 bike for you through this news.
Features of the Shotgun 650
The Shotgun 650 has a twin-pod instrument console and a circular LED headlamp. Its rear fender has been chopped, and it has a single seat with bar-end mirrors. The light blue bike that was displayed at the event has a glossy appearance.
What is the estimated cost?
The Interceptor, Continental GT, and Super Meteor 650 are the first three models built on the 650cc platform; the Shotgun 650 is a bobber-style motorcycle. Royal Enfield will initially produce 25 vehicles with hand-painted liveries. For Rs 4.25 lakh (ex-showroom), 25 guests of the Motoverse event will be able to purchase these.
Business
E-Sprinto Rapo and Roamy: Affordable Electric Scooters Redefining Urban Mobility
The cost of the e-Sprinto Rapo is Rs 62999, while the e-Sprinto Roamy is priced at Rs 54999 (ex-showroom) in the Indian market. The conventional design of the e-Sprinto Rapo and Romi electric scooters is present in both models. The Rapo is equipped with a 170 mm ground clearance. Features like remote start, USB mobile charging, remote lock and unlock, and full digital displays are included with both electric scooters.
![E-Sprinto Rapo and Roamy: Affordable Electric Scooters Redefining Urban Mobility](https://newsfeast.in/wp-content/uploads/2023/11/E-Sprinto-Rapo-and-Roamy.jpg)
![E-Sprinto Rapo and Roamy: Affordable Electric Scooters Redefining Urban Mobility](https://newsfeast.in/wp-content/uploads/2023/11/E-Sprinto-Rapo-and-Roamy.jpg)
Auto Desk, an Indian electric scooter manufacturer, has introduced the Rapo and Roamy models to the market. The e-Sprinto Rapo costs Rs 62,999, while the e-Sprinto Roamy costs Rs 54,999 (ex-showroom) in the Indian market. According to the EV manufacturer, these two electric scooters were created to cater to various customer types’ needs.
Range and additional information
The conventional design of the e-Sprinto Rapo and Romi electric scooters is present in both models. With its 170 mm of ground clearance, the Rapo can easily navigate through uneven terrain and potholes. Lead-acid and lithium-ion battery options are offered for it. A 250-watt BLDC hub motor rated IP65 powers this electric scooter. With a full charge, this electric scooter is supposed to have a 100-kilometer range.
Rapo e-Sprinto
The e-Sprinto Rapo has a three-step adjustable coil spring suspension at the back and a telescopic front suspension. It uses a drum brake at the back and a disc brake up front for stopping power. The scooter’s wheels measure 12 inches up front and 10 inches down the back.
e-Sprinto Roamy
The ground clearance of the e-Sprinto and the Roamy Rapo are the same. Lead-acid and lithium-ion battery options are also offered for this EV. The scooter has an IP65-rated 250-watt motor that powers it and allows it to reach a top speed of 25 kmph. The EV’s braking system and suspension are identical to those of its sibling, the Rapo.
Features like remote start, lock and unlock, USB mobile charging, and full digital displays are included with both electric scooters. Rapo comes in the following color options: red, blue, grey, black, and white. Romi can choose between the colors red, blue, grey, black, and white.
Business
Honda CB350 Unleashed: Power-packed Engine, Superior Suspension, and Affordable Pricing, Rival RE Classic 350
The single-cylinder, 348.36cc air-cooled engine powering the Honda CB350 is the engine’s main feature. Its engine produces a maximum torque of 29.4 Newton meters and 20.78 horsepower. A five-speed gearbox is mated to its engine. When we review this bike, we’ll let you know how it performs and how much power it has.
![Honda CB350 Unleashed: Power-packed Engine, Superior Suspension, and Affordable Pricing, Rival RE Classic 350](https://newsfeast.in/wp-content/uploads/2023/11/Honda-CB-350.jpg)
![Honda CB350 Unleashed: Power-packed Engine, Superior Suspension, and Affordable Pricing, Rival RE Classic 350](https://newsfeast.in/wp-content/uploads/2023/11/Honda-CB-350.jpg)
DeskAuto. With a starting price of Rs 2 lakh, Honda has introduced the retro-classic CB350 to the Indian market today. In this order, we will discuss four major aspects of this bike with you today so that you are well informed when the time comes for you to purchase it. The best-selling Royal Enfield bike, the Classic 350, will face competition from this bike.
How strong of an engine is it?
The single-cylinder, 348.36cc air-cooled engine powering the Honda CB350 is the engine’s main feature. Its engine produces a maximum torque of 29.4 Newton meters and 20.78 horsepower. A five-speed gearbox is mated to its engine. When we review this bike, we’ll let you know how it performs and how much power it has.
Suspension for Honda CB350
The CB350 has nitrogen-charged shock absorbers at the back and telescopic front forks. Single 310 mm front and 240 mm rear discs, assisted by dual-channel ABS, are responsible for braking. The bike has 130-section tires on the back of the bike and 18-inch alloy wheels up front.
Price of Honda CB350
In the Indian market, the Honda CB350 has been offered in two different configurations. which covers both DLX and DLX Pro. While the price of DLX Pro is Rs 2 lakh 17 thousand 800 (ex-showroom), the price of DLX is Rs 1 lakh 99 thousand 900.
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