News for 'POS'

How Panchkula Police Uncovered An ATM Card Swapping Racket

How Panchkula Police Uncovered An ATM Card Swapping Racket

Rediff.com7 days ago

Panchkula police have busted a cyber-fraud gang, arresting two individuals, Manoj Kumar and Anil, for allegedly targeting elderly and less-educated people. The accused tricked victims into revealing ATM PINs, swapped their cards, and withdrew money. Police recovered 70 ATM cards, a POS machine, and mobile phones, with further investigation underway to identify other gang members and affected ATMs in Haryana and Delhi.

Nearly Two Decades Later, Palwal Police Nab Dowry Death Absconders

Nearly Two Decades Later, Palwal Police Nab Dowry Death Absconders

Rediff.com7 Oct 2026

Palwal police have arrested three proclaimed offenders, including a woman, who had been absconding for nearly 18 years in connection with a 2008 dowry death case. The accused were declared proclaimed offenders in January 2010 and were produced in court on Wednesday.

7 Hidden Credit Card Settings To Avoid Scams

7 Hidden Credit Card Settings To Avoid Scams

Rediff.com24 Sep 2026

Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.

RBI launches UPI tap-to-pay, multi-currency forex on Bharat Connect

RBI launches UPI tap-to-pay, multi-currency forex on Bharat Connect

Rediff.com11 Sep 2026

The Reserve Bank of India (RBI) has introduced new features for India's digital payment ecosystem, including UPI tap-to-pay for PIN-less transactions up to 5,000 and multi-currency capabilities for forex on Bharat Connect, supporting Euro, British Pound, and other major currencies.

PhonePe To Expand Digital Payments To Rural India With 20,000 New Hires

PhonePe To Expand Digital Payments To Rural India With 20,000 New Hires

Rediff.com24 Sep 2026

PhonePe has announced a significant expansion plan to deepen digital payment infrastructure across India's towns and villages. This initiative includes hiring over 20,000 sales personnel and deploying more than 50 lakh payment devices, with a strong focus on rural areas, aiming to bring small merchants into the formal financial ecosystem.

India Pioneers Tokenised Corporate Bonds With Sebi's Demat 2.0 Pilot

India Pioneers Tokenised Corporate Bonds With Sebi's Demat 2.0 Pilot

Rediff.com10 Sep 2026

India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.

FM Sitharaman Confident Of India's Double-Digit Economic Growth

FM Sitharaman Confident Of India's Double-Digit Economic Growth

Rediff.com26 Sep 2026

Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Rediff.com23 Sep 2026

Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Rediff.com23 Sep 2026

Homegrown software company Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions. Alongside this, Zoho announced its entry into vertical SaaS with seven industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a 'Swadeshi' alternative to global tech giants.

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Rediff.com10 Aug 2026

A stolen mobile phone belonging to an 88-year-old man has helped the Delhi police unearth an interstate cyber-fraud syndicate allegedly operating through a three-stage network spread across Rajasthan and Uttar Pradesh, an officer said on Monday.

Centre deploys tool to prevent fertiliser shortage

Centre deploys tool to prevent fertiliser shortage

Rediff.com31 Aug 2026

India's fertiliser ministry has introduced a new analytical tool and a national-to-retail dashboard to monitor fertiliser dispatches, movement, and inventories in real time, aiming to prevent localised shortages and ensure equitable access for farmers.

How India Performed On Day 7 At The Commonwealth Games

How India Performed On Day 7 At The Commonwealth Games

Rediff.com30 Jul 2026

India concluded Day 7 of the Commonwealth Games in eighth position, securing a total of 15 medals, including three gold, nine silver, and three bronze. Australia maintained its lead in the overall standings with 103 medals.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

Bank of Baroda Hit by Cyberattack

Bank of Baroda Hit by Cyberattack

Rediff.com28 Jul 2026

The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.

ED probes 5,300 Indian SIMs used in Cambodia-based cyber fraud

ED probes 5,300 Indian SIMs used in Cambodia-based cyber fraud

Rediff.com8 Jun 2026

The Enforcement Directorate is investigating a large-scale cyber fraud operation involving 5,300 Indian SIM cards used from Cambodia by a Malaysian national-led gang, duping people of hundreds of crores. The probe follows raids in Rajasthan and Punjab, identifying 30 bank accounts linked to the fraud.

How Hyderabad Police Busted A Ghost SIM Card Racket

How Hyderabad Police Busted A Ghost SIM Card Racket

Rediff.com20 May 2026

Hyderabad Police have apprehended 66 individuals linked to a nationwide 'ghost' SIM card network, connected to 76 cybercrime cases involving over Rs 101 crore.

Cyber Crime Crackdown: Key Conspirator Arrested In Guwahati

Cyber Crime Crackdown: Key Conspirator Arrested In Guwahati

Rediff.com20 Apr 2026

The CBI has arrested Ubaid Ullah, a key conspirator in a cyber crime network, from Guwahati. He is accused of illegally procuring over 10,000 SIM cards for use in cyber crimes.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

PhonePe Surpasses 50 Million Registered Merchants Milestone

PhonePe Surpasses 50 Million Registered Merchants Milestone

Rediff.com28 Apr 2026

Fintech giant PhonePe has announced it has surpassed 50 million registered merchants on its platform, marking a significant milestone as it expands its financial service offerings beyond QR code payments.

How Delhi Police Busted Illegal Forex Trading Call Centre

How Delhi Police Busted Illegal Forex Trading Call Centre

Rediff.com22 May 2026

Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.

Why Credit Card Usage Is Booming In India

Why Credit Card Usage Is Booming In India

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Rediff.com15 May 2026

Kerala's Chief Minister-designate V D Satheesan visited senior Congress leader Ramesh Chennithala, emphasising their close relationship and seeking blessings for his new role.

Cyber Fraud Syndicate Busted: Indian SIM Cards Used to Defraud Citizens

Cyber Fraud Syndicate Busted: Indian SIM Cards Used to Defraud Citizens

Rediff.com1 Apr 2026

Telangana Cyber Security Bureau (TGCSB) arrested five individuals for supplying over 600 Indian SIM cards to a cyber fraud syndicate operating from Cambodia, which defrauded Indian citizens of crores of rupees.

Cyber Fraud Ring Busted: 11 Arrested in Delhi, Mumbai Operation

Cyber Fraud Ring Busted: 11 Arrested in Delhi, Mumbai Operation

Rediff.com24 Mar 2026

Delhi Police have arrested 11 individuals involved in a cyber fraud racket operating from Delhi and Mumbai, which allegedly defrauded a senior citizen of over Rs 22 lakh with promises of high investment returns. The network is linked to international operators in Cambodia.

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

Rediff.com12 Mar 2026

The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.

Delhi Police Arrests 27 in Pan-India Cyber Fraud Operation

Delhi Police Arrests 27 in Pan-India Cyber Fraud Operation

Rediff.com1 Mar 2026

Delhi Police arrested 27 individuals across 11 states for involvement in cyber fraud cases exceeding Rs 1.5 crore, uncovering a network engaged in various scams including investment fraud and social media impersonation.

Two CAs Arrested in Cyber Fraud Money Laundering Case

Two CAs Arrested in Cyber Fraud Money Laundering Case

Rediff.com5 Mar 2026

Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.

Woman Arrested for Aiding Cybercrime Network with Mule Bank Accounts

Woman Arrested for Aiding Cybercrime Network with Mule Bank Accounts

Rediff.com27 Feb 2026

Delhi Police arrested a 22-year-old woman for allegedly providing mule bank accounts to an interstate cybercrime network, recovering numerous ATM cards, cheque books, and electronic devices.

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Rediff.com22 Feb 2026

In a major counter-terror operation spanning three states, the Delhi Police has dismantled a Lashkar-e-Taiba (LeT) module comprising eight operatives, including seven Bangladeshi nationals who had illegally entered India and procured forged identity documents, an official said on Sunday.

PSBs' staff count rises for 1st time in 5 years

PSBs' staff count rises for 1st time in 5 years

Rediff.com31 Dec 2025

Public sector banks' (PSBs') employee count grew for the first time in five years while private sector banks' staff strength saw a decline in 2024-25 (FY25), according to latest data released by the Reserve Bank of India (RBI). The employee count of state-owned lenders rose 0.22 per cent year-on-year (Y-o-Y) to 757,641 at the end of March 31, 2025 from 756,015 in FY24.

SBI to hire 3,500 officers in next 5 months

SBI to hire 3,500 officers in next 5 months

Rediff.com26 Oct 2025

The country's biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide.

India's festive hiring rises 17%; gig, temp roles see 25% surge this year

India's festive hiring rises 17%; gig, temp roles see 25% surge this year

Rediff.com11 Nov 2025

Overall hiring volumes grew by 17 per cent year-on-year across key consumption-linked sectors during the August-October period, driven by heightened consumer sentiment, attractive festive promotions, and wider geographic penetration, according to a report.

Upcoming IPOs That Dalal Street is Whispering About

Upcoming IPOs That Dalal Street is Whispering About

Rediff.com24 Sep 2025

Dalal Street is buzzing with excitement, as some of the most-awaited IPOs are gearing up to hit the market. While some of these big companies are planning to join the stock exchanges towards the end of 2025, others are likely to be available for trading by the first half of 2026.

5 Tips To Pick The Best Engineering College

5 Tips To Pick The Best Engineering College

Rediff.com1 Sep 2025

rediffGURU Chocko Valliappa offers crucial career advice to engineering aspirants.

Top Maoist ideologue Sudhakar killed in Chhattisgarh encounter

Top Maoist ideologue Sudhakar killed in Chhattisgarh encounter

Rediff.com5 Jun 2025

Originally hailing from Andhra Pradesh, the 67-year-old was involved in indoctrination and radicalization of youth and also responsible for numerous Maoist attacks in Chhattisgarh, resulting in the death of civilians and security personnel, they said.

Festive Hiring To Generate 2 Lakh Jobs

Festive Hiring To Generate 2 Lakh Jobs

Rediff.com16 Jul 2025

Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season.

'Pilots Fought Till The End'

'Pilots Fought Till The End'

Rediff.com29 Jul 2025

'This was textbook emergency response under stress.'

RIL deploys wireless POS terminal

RIL deploys wireless POS terminal

Rediff.com10 Jun 2003

Reliance Infocomm Ltd has deployed its first wireless Point of Sale terminal in Mumbai for processing credit card transactions.\n\n\n\n

Achieved objective to stop nuke threat: Trump after triple strikes on Iran

Achieved objective to stop nuke threat: Trump after triple strikes on Iran

Rediff.com22 Jun 2025

After his remarks at the White House. Trump, in his Truth Social pos,t warned that any retaliation from Iran would be met with "force far greater than what was witnessed tonight."

RBI may allow prepaid cards for PoS withdrawals

RBI may allow prepaid cards for PoS withdrawals

Rediff.com15 Jan 2010

There are 4.7 million PoS terminals in the country. ICICI Bank had recently entered into a tie-up with First Data to set up PoS terminals.