Saturday, 22 September 2018

Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange
This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

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U.S. Congressman Drafts Blockchain Development Bills This article was originally posted on The Bitcoin Magazine - the oldest and most established source of news, information and expert commentary on Bitcoin, blockchain technology and [...]

U.S. Congressman Drafts Blockchain Development Bills
This article was originally posted on The Bitcoin Magazine - the oldest and most established source of news, information and expert commentary on Bitcoin, blockchain technology and [...]

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Stock Market Index Report: Stocks Of Jet Airways Fall Again

Jet Air says I-T survey still going on, shares fall 6 percent in Stock Market Index

In stock market index Jet Airways on September 21, 2018, said that income tax officials are as yet leading a study at its workplaces. The studies began on September 19, 2018. Jet Airways (India) Ltd., fused in the year 1992, is a Mid Cap organization (having a market top of Rs 2609.33 Crore) working in Transport segment.

For the quarter finished 30-06-2018, the organization has revealed Standalone offers of Rs 6010.46 Crore, up 1.44 percent from last quarter Sales of Rs 5924.85 Crore and up 6.40 percent from a year ago same quarter Sales of Rs 5648.87 Crore Company has announced net profit after duty of Rs – 1323.00 Crore in the most recent quarter.

In the stock market index report, the aircraft said, “The organization is completely co-working with the authorities and are reacting to the questions raised by the salary assess experts.”

At NSE, shares of the organization drooped 7.11 percent to hit a one-year low of Rs 225.85. The stock had fallen about 4 percent Wednesday moreover. Securities exchanges were shut on September 20, 2018, for a neighborhood occasion. Jet’s shares fell 6 percent on the Bombay Stock Exchange and shut at Rs 230 on September 21, 2018.

In a regulatory filing on September 21, 2018, the transporter said I-T authorities are leading a survey of the premises of the organization since September 19. “The organization is completely collaborating with the experts and is reacting to the inquiries by the Income Tax specialists,” it said.

The income tax department is looking over Jet’s records over its workplaces in Mumbai and Delhi in the midst of affirmations of cash redirected. According to the report of Economic Times, the service of corporate issues had requested an investigation of Jet Airways for purportedly redirecting assets after the service discovered financial irregularities and occurrences of assets redirected in the organization’s books.

The airline announced a net loss of Rs 1,323 crore for the June quarter of stock market index on August 27, 2018. The bearer is likewise under the administrative focal point for conceding the outcomes, which were at first planned to report on August 9, 2018, as per the report of Financial Express.

The post Stock Market Index Report: Stocks Of Jet Airways Fall Again appeared first on OWLT Market.



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Wendy McElroy: Crypto-Idealism Is the Future That Crypto-Statists Need to Defame This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]

Wendy McElroy: Crypto-Idealism Is the Future That Crypto-Statists Need to Defame
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Binance to Unlock BNB Balances to Fix Circulating Supply Differences with Coinmarketcap This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

Binance to Unlock BNB Balances to Fix Circulating Supply Differences with Coinmarketcap
This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

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Bitcoin Plunges in China’s Crypto Coin Rankings

China Updates Crypto Coin Ranking, Bitcoin Plunges

The concept of cryptocurrency is uncertain and thus the ranking of the virtual curries keeps on varying in a subsequent short period of time. According to the news, the China Center for Information Industry Development (CCID) has updated its crypto coin rankings.

The list contains 33 crypto projects, ranked overall and is bifurcated in 3 different categories. CCID has given all the virtual currencies an overall score and a separate score for each of the three categories – basic technology, application and innovation. In the ranking, EOS, Ethereum and Bitshares have topped the charts. However, China has downgraded the virtual currency Bitcoin as it has come down from the 10th rank to 16th rank.

Comparing the last month’s crypto coin ranking released by CCID, EOS and Ethereum have maintained their positions. However, Bitshares have surged from the 12th rank to the 3rd rank, in the latest updated list.

In regards to the Ranking Methodology, the center explained that there were some improvements in the latest evaluation methodology compared to the previous month. It stated, ”The evaluation of the public chain development tools was classified and refined, and the accounting method of the actual throughout of the public chain was optimized”, as mentioned in Bitcoin News.

The latest ranking list, when compared to the previous month’s, also depicts that the crypto coin, BCH, has plunged furthermore. BCH has come down from the 29th rank to the 31st rank. In the innovation category, however, BTC tops the list, with EOS in the 3rd place.

The basic technology is important when assessing a crypto coin’s overall ranking, explaining why EOS has remained in the first position so far. The CCID wrote that the basic technology mainly measures the technical level of the public chain that has been launched. The assessment usually includes functions, performance, safety and decentralization. The basic technology has a weight of 65% in the comprehensive assessment, as reported by Cryptovest.

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Sugar Prices Fall In Indian Stock Market As CCI Forced Penalty On Sugar Mills

DHFL shares slump 42 percent on default rumour in Indian Stock Market

Indian Stock Market suffered a huge loss as shares of Dalmia Bharat Sugar, Bajaj Hindusthan Sugar and Industries and Balrampur Chini Mills dove as much as 3.2 percent 9.1 percent. Competition Commission Of India (CCI) on September 20, 2018, forced a penalty of Rs 380.5 million ($5.29 million) on sugar plants and their relationship for rigging bids in regard of joint tender glided by oil advertising cos for the acquirement of ethanol for mixing with oil.

Section 3 relates to anti-competitive understandings. Bajaj Hindusthan’s stock posted greatest intraday percent fall since May 14. Bajaj Hindusthan said secondary selling hours on September 19, 2018 CCI forced a penalty of Rs 123.5 million. The organization said it will bid against the order.

An official statement said, “While imposing penalties, the Commission applied the principle of relevant turnover and based the penalties on the revenue generated by the sugar mills from the sale of ethanol only.”

Due to owning benefits in Indian Stock Market, the penalty has forced on sugar processes by the Competition Commission of India (CCI) at an interest of 7 percent of their normal important turnover. For the affiliations, the fine is 10 percent of their normal receipts “keeping in see the key job they played in encouraging share rigging “.

Among others, it was asserted that the sugar makers who had taken an interest in the joint delicate controlled the shares by citing comparable rates and sometimes indistinguishable rates through an understanding and aggregate activity. “The bidders who participated in respect of the depots located in UP, Gujarat and Andhra Pradesh in response to the joint tender floated by OMCs, were found to have acted in a concerted and collusive manner in submitting their bids,” the statement from Business Today.

Bajaj Hindusthan’s stock picked up 72 percent, rise in Indian Stock Market in the last seven sessions following a climb of up to 25 percent in ethanol purchase costs and on trusts government may consider a proposal to get mills to send out 5 million tons of sugar by boosting abroad deals in 2018/19 season, as per the report of Economic Times.

The post Sugar Prices Fall In Indian Stock Market As CCI Forced Penalty On Sugar Mills appeared first on OWLT Market.



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