Latest news with #JustDial
Time of India
2 days ago
- Time of India
Interstate gang behind 35 metro cable thefts busted in Kalol in Gujarat, four arrested
Ahmedabad: As cricket fans cheered the IPL thriller in the city, a gang of thieves quietly dismantled 700 metres of cable from a metro corridor near Koba Circle. Police later discovered this was not their first hit. A surveillance-led crackdown revealed the group's involvement in over 35 such thefts, with operations stretching across cities. The arrest of four men uncovered a vast network of interlinked crimes. Their latest heist, carried out on the night of June 2, saw the gang strike near the Old Koba Metro Station, causing damage worth Rs 17.85 lakh. This was the third metro cable theft in the Ahmedabad-Gandhinagar corridor in just two weeks. Using CCTV footage from the Netram Project and technical surveillance, investigators from the Gandhinagar local crime branch identified two suspicious vehicles involved in the crime. Subsequent questioning of the vehicle owners and suspects, combined with information obtained from technical surveillance, led the cops to Kalol, where the suspects had rented a property to hide and process stolen goods. The police conducted a raid, only to catch the gang members in the act of stripping the stolen cables for copper wires. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Idols - Handmade Brass Statues for Home & Gifting Luxeartisanship Buy Now Undo They seized a significant amount of stolen property, including 368.8kg of copper wires valued at Rs 2.95 lakh and 130.2kg of plastic. Police also seized a car and mobile phones, bringing the total value of recovered property to Rs 8.32 lakh. Further interrogation and technical analysis revealed the involvement of 13 individuals in the metro cable theft scheme. . The gang members admitted to multiple thefts at different locations, including near the Shahpur Metro Station in Ahmedabad and the Gyaspur Metro Station in Vejalpur, Ahmedabad. Those arrested include Musharraf Mulejat, 32, Rashid Dhobi,21, Rashid Ansari, 45, and Irshad Malik, 33, all residents of Bagpat in Uttar Pradesh. The absconding gang members are Shehzad Amruddin Malik, Aamir Akbar Malik, Arif Babu Malik, Ikhlakh Iqbal Malik, Imran Malik, Arif Rafiq, Sonu Babu Kasar, Arshad Asgar Malik, Bilal Qureshi, Raja Qureshi, and Masoom Yasin Malik. This relentless gang employed sophisticated tactics in each operation, including reconnaissance of metro routes, climbing metro pillars to cut cables, and transporting stolen goods for sale in different cities. Modus Operandi The gang executed their operations by targeting cities with functioning metro networks. Upon arrival, they would check into hotels located near railway stations and rent large self-drive four-wheel vehicles, often using platforms like Just Dial. After obtaining a vehicle, they contacted local brokers to arrange rental accommodations that served as storage and processing spaces for the stolen materials. Prior to committing the thefts, the gang conducted thorough reconnaissance of metro routes using their rented cars. To access the overhead cables, they employed techniques such as using ropes and the support of large trees situated near metro bridge pillars, or by climbing adjacent walls close to the pillars. Equipped with large cutters, they would then sever the metro cables. After the theft, the stolen cables were transported to the rented property. There, the gang meticulously stripped off the plastic and rubber coverings to isolate the copper wiring. The extracted copper wires were then bundled, packed, and transported by train from Kalupur Railway Station in Ahmedabad to Delhi, where they were sold.
Time of India
2 days ago
- Time of India
IPL night heist: Interstate gang stole 700m metro cable in Ahmedabad; 4 of 13 arrested
AHMEDABAD: The Gandhinagar Local Crime Branch successfully apprehended four men for their alleged involvement in a string of metro cable thefts across multiple states in India. This crucial operation resolved 35 cases of cable theft and shed light on the nefarious activities of this notorious group. The actions came in the wake of three thefts on the metro train routes between Ahmedabad and Gandhinagar in a fortnight. During the early hours of June 2, 2025, amidst an IPL match, the gang members cut and removed 700 metres of valuable cable near the Old Koba Metro Station by Koba Circle, amounting to a loss of Rs 17.85 lakh. The investigative teams analysed CCTV footage from the Netram Project in Gandhinagar, leading to the identification of two vehicles linked to the crime. Subsequent questioning of the vehicle owners and suspects, combined with information obtained from technical surveillance and sources, pointed towards a rented property in Kalol where the stolen cable was concealed. A raid on the Kalol property uncovered the gang members in the act of stripping the stolen cable. Authorities seized a significant amount of stolen property, including 368.790 kilograms of copper wire valued at Rs 2.95 lakh and 130.210 kilograms of plastic cover pieces. In total, the recovered metro cable property amounted to Rs 2.96 lakh, with additional items such as a car and mobile phones bringing the total value of recovered property to Rs 8.32 lakh. Further interrogation and technical analysis revealed the involvement of 13 individuals in the metro cable theft scheme. The gang members admitted to multiple thefts in different locations, including near the Shahpur Metro Station in Ahmedabad and the Gyaspur Metro Station in Vejalpur, Ahmedabad. The arrested gang members include Musharraf Mulejat, 32, Rashid Dhobi, 21, Rashid Ansari, 45, and Irshad Malik, 33, all residents of Bagpat in Uttar Pradesh. The absconding gang members are Shehzad Amruddin Malik, Aamir Akbar Malik, Arif Babu Malik, Ikhlakh Iqbal Malik, Imran Malik, Arif Rafiq, Sonu Babu Kasar, Arshad Asgar Malik, Bilal Qureshi, Raja Qureshi, and Masoom Yasin Malik. This relentless gang employed sophisticated tactics in each operation, including reconnaissance of metro routes, climbing metro pillars to cut cables, and transporting stolen goods for sale in different cities. Modus Operandi The gang operated by travelling to cities with active metro lines. They stayed in hotels near railway stations and rented large four-wheel-drive cars for self-driving, often through services like Just Dial. After securing a vehicle, they contacted local brokers to rent a house to hide stolen goods. Before a theft, they conducted reconnaissance of metro routes using their rented car. Their methods for reaching cables included using ropes and support from large trees near metro bridge pillars or climbing walls adjacent to metro pillars. They then cut metro cables with large cutters. Once stolen, the cables were taken to the rented house. There, they stripped the plastic and rubber coverings to extract the copper wires. These copper wires were then packaged and shipped by train from Ahmedabad Kalupur Railway Station to Delhi for sale. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
Skift
06-05-2025
- Business
- Skift
What's Driving Travel Plans of Indians This Summer
For Indians, it is no longer about just ticking off a popular destination. Travel is more about experiencing a destination, whether it's within the country or beyond. Indian travelers are exploring leisure and recreation activities, according to data shared by search engine platform JustDial. The platform noted a 21% year-on-year increase in overall search for leisure activities between February 1 and April 16 this year. It added that there was a surge in interest for water parks, amusement parks, and resorts. Non-metro cities have registered a 22% increase in searches. Meanwhile, metro areas were slightly behind at 19%. 'Within the metro cities, Kolkata and Ahmedabad are experiencing a remarkable surge in interest, with search queries jumping by 75% and 85%, respectively," a press statement from JustDial said. Chennai searches have gone up 26% while Mumbai has registered a 22% increase. Among non-metro cities, Chandigarh saw a 205% increase in search queries compared to last year, followed by a 131% leap in Lucknow. Vadodara, Coimbatore, Goa, Indore, and Surat have also witnessed an increase in interest. Varied Interests: Last month, online travel agency noted that along with metro cities such as Bengaluru, Delhi, and Mumbai, cooler destinations such as Ooty, Manali, Darjeeling, Rishikesh, Munnar, and Srinagar were among the top searched destinations for Indians' summer travel plans. Lesser-known locations like Madikeri, Gangtok, and Varkala were also gaining traction, it noted. Clearly, Indians are looking to travel and experience a wide range of destinations. However, while domestic destinations are top of mind, Indians are also keen to explore global destinations. noted that global locations such as Dubai, Singapore, Bangkok, and Bali continue to remain popular, while Tokyo and Abu Dhabi have also witnessed a surge. Oyo Expands Into Food & Beverage Segment Indian hospitality chain Oyo on Thursday announced its foray into the food and beverage (F&B) segment, with plans to roll out in-house kitchens and quick service restaurant (QSR) carts at 1,500 of its company-serviced properties by fiscal 2026. The hotel company will first bring these services to the Townhouse by Oyo brand. The decision follows a pilot that started in January across 100 hotels in several cities, Delhi, Bengaluru, Hyderabad, and Gurugram. Oyo said the feedback was positive, prompting the broader rollout. Guests will be able to order food through the Oyo app and other booking platforms by selecting a 'Kitchen Services' option. Air India to Fly to Gaya From September Full-service airline Air India has announced its plans to start daily flights between Delhi and Gaya starting September. With this, Gaya will become the carrier's 46th domestic destination. The move will boost connectivity to Gaya from Southeast Asian countries. Gaya is a key spiritual destination connected to the Buddhist philosophy and attracts a large amount of inbound travelers. In a statement, Air India said that the timing of the Delhi-Gaya flight will allow convenient connections for travelers coming from Kathmandu, Hong Kong, Bangkok, Phuket, Singapore, Colombo, Kuala Lumpur, Seoul-Incheon, and Tokyo-Haneda. Last year, Air Asia and Thai Airways announced flight schedules from Thailand to Bodh Gaya in October, while Bhutan Airlines and Drukair announced flights from Bhutan. Two Myanmar-based airlines also announced flights for the 2024-25 tourist season. Meanwhile, charter flights from Hanoi also come in to the Bodh Gaya airport. GoStops Becomes First Hostel Chain to Open in Panjim, Goa Indian hostel brand GoStops has opened a hostel in Goa's capital Panjim. With this, GoStops has become the only hostel chain to operate in the city. This also marks the company's fourth property in the coastal state after Vagator, Baga, and Calangute. GoStops Panjim has 126 beds across 24 rooms. 'Goa is that one destination that never goes out of style,' said GoStops co-founder Pankaj Parwanda. He added, 'Building on the momentum of our recent funding, the expansion to Panjim is a strategic move toward our larger vision - scaling GoStops from 2,500 to 10,000 beds in the next 24 months.' In March, the hostel chain announced that it raised INR 350 million ($4 million) in its Series A funding. The company had said it plans to use the funds to expand its inventory by four times. According to a statement, it will grow its presence to 100 destinations in India, up from close to 30 locations at present. It also aims to use the funds to strengthen its operations, improve technology, and enhance the social and experiential aspects of the properties. Indian Travelers Prioritizing Community-Focused Tourism Close to 60% of Indian travelers are now conscious of the impact of travel on communities as well as the environment, online travel agency said in its latest report. As a result, 63% of Indian travelers want to leave places better than when they arrived. It also added that over 70% of Indians believe that tourism has a positive impact on the place where they live, but adjustments are also needed to allow destinations to grow at a healthy pace. Only 27% of Indians believed that capping the number of tourists in their home destination would help the issue of overcrowding or traffic congestion. Instead, they sought investment in improved waste management, transportation, and environment conservation. Ramee Group of Hotels Enters Munnar Mumbai-based Ramee Group of Hotels has signed a franchise agreement to enter Munnar in Kerala. The Ramee Wolkenburg Resorts and Spa will mark the hotel chain's debut in the southern state. Under the agreement, Ramee will provide its brand identity, operational standards, and sales and marketing support to the 70-key hotel, it said in a statement. The group currently has a portfolio of over 45 properties across India, Dubai, Oman, and Bahrain.
Time of India
28-04-2025
- Business
- Time of India
JM Financial maintains Buy on Just Dial, raises target price to Rs 1,250
JM Financial has maintained a Buy call on Just Dial with a revised target price of Rs 1,250 (Rs 1,220 earlier). The current market price of Just Dial is Rs 932.05 Time period given by analyst is year when Just Dial Ltd. price can reach defined target. Just Dial, incorporated in 1993, is a Mid Cap company with a market cap of Rs 7994.81 crore, operating in Services sector. Just Dial's key products/revenue segments include Other Services for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 361.56 crore, up 6.37% from last quarter Total Income of Rs 339.90 crore and up 17.89% from last year same quarter Total Income of Rs 306.69 crore. The company has reported net profit after tax of Rs 115.74 crore in the latest quarter. The company?s top management includes Mr.B Anand, Thakur, Fulwadaya, Pandit, Krishnamurthy, Bahadur, Monteiro, Khasgiwala, Mr.V Subramaniam, Mr.V S S Mani, Taluja. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2025, the company has a total of 8 crore shares outstanding. Investment Rationale Just Dial's collections (lead indicator for revenue) grew in 4Q by 11.3% YoY, meaningfully better than JMFe of 7.0% as well as 9MFY25 growth of 5.6%. Sequential paid campaign additions too were robust at 12.2k versus JMFe of 7.7k and ahead of 8k/7k/3k in 1Q/2Q/3Q. While revenue grew 7.0% YoY (a miss on JM Financial estimates by c.1%), EBITDA jumped 22% YoY to Rs 861 million (ahead of our estimate by 3%) due to better-than-expected margin expansion. Traffic trend too was decent at 11.8% YoY, partly aided by a slight increase in A&P spend. While operating performance was better than expected, clarity on the company?s cash distribution policy (refer our recent note) remains a key trigger for stock performance. Ex-cash and other income stock is extremely cheap at 8x FY26 PER, as current cash and investments itself account for ~67% of Just Dial?s market cap. JM Financial continues to use target PER multiple (ex-cash and other income) of 18x to arrive at Mar?26 target price of Rs 1,250. Promoter/FII Holdings Promoters held 74.15 per cent stake in the company as of 31-Mar-2025, while FIIs owned 6.56 per cent, DIIs 8.92 per cent.
Time of India
23-04-2025
- Business
- Time of India
JM Financial maintains Buy on Just Dial, raises target price to Rs 1,250
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel JM Financial has maintained a Buy call on Just Dial with a revised target price of Rs 1,250 (Rs 1,220 earlier). The current market price of Just Dial is Rs 1,004 . The time period given by the analyst is a year when Just Dial Ltd. price can reach defined target. Just Dial, incorporated in 1993, is a Mid Cap company with a market cap of Rs 8509.98 crore, operating in the Services Dial's key products/revenue segments include Other Services for the year ending the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 361.56 crore, up 6.37% from last quarter Total Income of Rs 339.90 crore and up 17.89% from last year same quarter Total Income of Rs 306.69 crore. The company has reported net profit after tax of Rs 115.74 crore in the latest company's top management includes Mr.B Anand, Thakur, Fulwadaya, Pandit, Krishnamurthy, Bahadur, Monteiro, Khasgiwala, Mr.V Subramaniam, Mr.V S S Mani, Taluja. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-12-2024, the company has a total of 8 Crore shares Dial's collections (lead indicator for revenue) grew in 4Q by 11.3% YoY, meaningfully better than JMFe of 7.0% as well as 9MFY25 growth of 5.6%. Sequential paid campaign additions too were robust at 12.2k versus JMFe of 7.7k and ahead of 8k/7k/3k in 1Q/2Q/3Q. While revenue grew 7.0% YoY (a miss on JMFe by c.1%), EBITDA jumped 22% YoY to Rs 861 million (ahead of our estimate by 3%) due to better-than-expected margin expansion. Traffic trend too was decent at 11.8% YoY, partly aided by a slight increase in A&P spend. While operating performance was better than expected, clarity on the company's cash distribution policy (refer our recent note) remains a key trigger for stock performance. Ex-cash and other income stock is extremely cheap at 8x FY26 PER, as current cash and investments itself account for ~67% of Just Dial?s market cap. JM Financial continues to use target PER multiple (ex-cash and other income) of 18x to arrive at Mar?26 TP of Rs 1, held 74.15 per cent stake in the company as of 31-Dec-2024, while FIIs owned 7.31 per cent, DIIs 8.32 per cent.
