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The law, enacted in January 2023 but untested so far, places France at the forefront of nations taking a sterner stance on crime-ridden websites
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Geojit's net profit up 89 per cent
DUBAI — India's Geojit Securities, the joint venture partner of Dubai based Barjeel Geojit securities yesterday announced that its first quarter net profits increased 89 per cent to Rs 69 million.
In association with Al Saud Group of UAE, Barjeel has achieved a 20,000 strong non resident Indian (NRI) investor base in the UAE. Barjeel which declared 80 per cent dividend for fiscal 2005-06, also reported a net profit growth of 63 per cent in the first quarter of this year.
In India Geojit has a network of 377 offices 24 of which were added during this quarter. Geojit Commodities Ltd, the subsidiary which handles the commodities business reported a net profit of Rs8.9 million.
Geojit's Board has also proposed to split the shares of the company in the ratio 10:1. Accordingly, each existing share which has a face value of Rs10 will be divided into 10 shares of Re1 each, after complying with necessary formalities.
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