News for 'telecom fraud'

Just 3,000 nods: Trai's whitelisting deadline may be pushed by 30 days

Just 3,000 nods: Trai's whitelisting deadline may be pushed by 30 days

Rediff.com27 Sep 2024

The Telecom Regulatory Authority of India (Trai) may extend the deadline to whitelist URLs (Uniform Resource Locators), APKs (Android Package Kit), or OTT (Over The Top) links - through which it intends to curb their misuse -is likely to be extended by 30 days as only over 3,000 registered senders (businesses) have complied, officials indicated. According to Trai officials, over 3,000 registered senders have whitelisted more than 70,000 links, but many more (thousands of others) are yet to comply with the directive as the mandatory norms are set to come into effect from October 1.

Defiant Netanyahu takes stand in landmark graft trial

Defiant Netanyahu takes stand in landmark graft trial

Rediff.com11 Dec 2024

Israeli Prime Minister Benjamin Netanyahu struck a defiant tone as he testified in open court for the first time in Tel Aviv in his years-long corruption trial on Sunday.

Telecom service providers log in to AI filter to stop pesky calls: Trai

Telecom service providers log in to AI filter to stop pesky calls: Trai

Rediff.com3 May 2023

Telecom service providers (TSPs) have begun to monitor and prevent spam calls since May 1, with the help of an artificial intelligence and machine language-based system acting on the Telecom Regulatory Authority of India's (Trai) latest directive on the matter, its officials told Business Standard. Touted as the first big technological measure against the growing menace of unsolicited commercial communications, all TSPs have confirmed to Trai that they have rolled out the AI/ML tool. The filter system works on the distributed ledger technology (DLT) platform used by TSPs, and is set to go for incremental updates, rules for which will soon be released, they added.

Trai diktat on mobile number porting

Trai diktat on mobile number porting

Rediff.com28 Jun 2024

There will be a seven-day waiting period after the SIM swap or replacement for a mobile number to become eligible for porting, telecom regulator Trai said on Friday. The step has been taken to curb fraud taking place by using mobile phone numbers. "The Telecom Regulatory Authority of India (Trai), on 14th March 2024, issued the Telecommunication Mobile Number Portability (Ninth Amendment) Regulations, 2024, which will come into force on July 1, 2024," the regulator said.

Rs 900 Crores Cyber Scams Prevented!

Rs 900 Crores Cyber Scams Prevented!

Rediff.com6 Dec 2023

...benefiting 350,000 persons. Also, Trai detected and blocked seven million mobile phone connections involved in cyber fraud and suspicious activities.

Cyber-fraud cases will become 'alarmingly frequent': Airtel

Cyber-fraud cases will become 'alarmingly frequent': Airtel

Rediff.com27 Oct 2021

Telecom operator Bharti Airtel's CEO has warned customers about rising cases of cyber-frauds, citing a recent instance of a fraudster who posed as company executive and under the guise of updating KYC form, tricked a user into revealing bank details to transfer large amount from the bank account. In an email outreach to subscribers, Gopal Vittal, CEO of Airtel urged users to be vigilant against such cases of cyber fraud that are becoming "alarmingly frequent". Vittal spoke of a recent case where a cyber-fraudster posing as company executive called up an Airtel customer on the pretext of updating his Know Your Customer (KYC) form, tricked him into revealing his bank details and transferred a large sum of money from his bank account.

SC pulls up Centre, telecom cos for altering AGR order

SC pulls up Centre, telecom cos for altering AGR order

Rediff.com18 Mar 2020

The Supreme Court on Wednesday pulled up the Centre and telecom companies for doing self-assessment or reassessment of the adjusted gross revenue (AGR) dues fixed by the apex court in its verdict given on October 24 last year. The top court, which was also anguished by frequently published newspaper articles on the AGR issue, said all managing directors of telecom companies will be personally responsible and held for contempt of court for any such future write-ups hiding the truth.

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

Got Excess Funds in Bank Accounts?

Got Excess Funds in Bank Accounts?

Rediff.com10 Jul 2024

Keeping surplus money in a bank account has become perilous, alerts Harsh Roongta.

UP doctor duped of Rs 60 lakh after 'digital arrest'

UP doctor duped of Rs 60 lakh after 'digital arrest'

Rediff.com26 Jul 2024

Digital house arrest is a tactic where cybercriminals confine victims to their homes in order to scam them. The offenders generate fear by making audio or video calls, frequently posing as law enforcement officers using AI-generated voices or video technology.

HC admits CBI plea against acquittal of A Raja, 16 others in 2G scam case

HC admits CBI plea against acquittal of A Raja, 16 others in 2G scam case

Rediff.com23 Mar 2024

Admitting the Central Bureau of Investigation appeal, the high court said there are "some contradictions" in the trial court's judgment which require "deeper examination".

CBI officers who probed coal, excise policy cases among 31 get Prez medals

CBI officers who probed coal, excise policy cases among 31 get Prez medals

Rediff.com25 Jan 2024

Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.

Etisalat sues Swan promoters for fraud

Etisalat sues Swan promoters for fraud

Rediff.com24 Feb 2012

The UAE-based Emirates Telecommunication Corporation (Etisalat) on Thursday filed a petition against Shahid Balwa and Vinod Goenka, promoters of the beleaguered Swan Telecom, for "fraud and misrepresentation".

Govt portal pins 285,000 missing mobile phones, but only 20,771 recovered

Govt portal pins 285,000 missing mobile phones, but only 20,771 recovered

Rediff.com24 Jul 2023

The Central Equipment Identity Register (CEIR) of the department of telecommunications (DoT) has traced 285,000 lost or stolen mobile phones and blocked 680,000 devices since being launched. However, recoveries remain relatively low at 20,771 devices. According to government estimates, around 50,000 mobile phones are stolen every month in the country. Launched nationwide on May 16, the CEIR is a part of the DoT's Sanchar Saathi portal. It is the primary government platform aimed at protecting mobile phone users from various frauds such as identity theft, forged KYC, theft of mobile devices and banking frauds.

Survey says fraud rising, especially in public sector

Survey says fraud rising, especially in public sector

Rediff.com13 Mar 2014

About 40 per cent of respondents felt fraud had gone up in India, while 67 per cent said the new Act would improve governance.

US-based Sotas to invest $3mn in India

US-based Sotas to invest $3mn in India

Rediff.com12 Feb 2003

US based telecom software company Sotas Inc said on Wednesday that it would invest $3 million in its research and development unit at Gurgaon besides doubling its headcount to 100 from the current 50.

Growing corporate frauds should worry regulators

Growing corporate frauds should worry regulators

Rediff.com25 Jun 2013

The size of corporate fraud in India almost doubled after 2009, and such cases also increased in number, said a report from Thought Arbitrage, a think tank in Delhi.

2 NRIs jailed in UK for massive cyber fraud

2 NRIs jailed in UK for massive cyber fraud

Rediff.com9 Jun 2012

Two Indian-origin men are among six people jailed over a multi-million-pound cyber racket that involved the design, production and sale of fake identities and the management of online forums where clients were coached on how to commit fraud. The six sentenced on Friday at the Southwark Crown Court for a catalogue of fraud offences include Jaipal Singh, 31, who is a director of a telecom company based in the West Midlands, and student Arun Thear, 22.

Tech under work to detect pesky calls, messages

Tech under work to detect pesky calls, messages

Rediff.com28 Nov 2022

Telecom regulator Trai on Monday said that it is working on various technologies to detect pesky calls and messages along with a joint action plan with other regulators to curb financial frauds. The Telecom Regulatory Authority of India (Trai) said that Unsolicited Commercial Communication (UCC) or pesky communication is a major source of inconvenience to the public and impinges on the privacy of individuals. "Now complaints are reported against Unregistered Telemarketers (UTMs), where a surge has been seen in pushing various kinds of UCC SMSes. Additionally, UCC calls are also one of the concerns which need to be dealt with equally along with UCC SMSes," it said.

Truecaller Could Soon Face Competition

Truecaller Could Soon Face Competition

Rediff.com1 Oct 2022

'Every telecom user wishes to know who is calling. This will help in preventing cyber frauds using telecom services.'

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

CBI trying to stop trial against Reliance Telecom?

CBI trying to stop trial against Reliance Telecom?

Rediff.com13 Aug 2014

The Supreme Court has asked the CBI to place before it the "files and notings" which purportedly suggest that its Director Ranjit Sinha wants stopping of whole trial against Reliance Telecom Ltd (RTL) and three top executives of the Reliance ADAG, who are accused in the 2G spectrum scam case.

What Will Today's PLI Meeting Decide?

What Will Today's PLI Meeting Decide?

Rediff.com27 Jun 2023

Centre mulls strategy to ensure powers given to the agencies are not misused.

'Swan, Loop front companies for fraud'

'Swan, Loop front companies for fraud'

Rediff.com29 Mar 2011

CBI said Swan Telecom and Loop Telecom were allegedly used as front companies by Reliance Group and Essar respectively.

'Passing Aadhaar Act as Money Bill amounts to fraud'

'Passing Aadhaar Act as Money Bill amounts to fraud'

Rediff.com27 Sep 2018

He said the Aadhaar programme violated informational privacy, self-determination and data protection.

Xi-Trudeau conversation was candid, normal, no threats held out, says China

Xi-Trudeau conversation was candid, normal, no threats held out, says China

Rediff.com17 Nov 2022

China on Thursday played down what appeared to be a tense conversation between President Xi Jinping and Canadian Prime Minister Justin Trudeau on the sidelines of the G20 summit a day earlier, saying the conversation is "candid, normal" and should not be interpreted as criticism or threat.

Venugopal Dhoot: From an industry leader to a defaulter

Venugopal Dhoot: From an industry leader to a defaulter

Rediff.com26 Dec 2022

Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a household name in consumer appliances who could afford to have Bollywood superstar Shah Rukh Khan as the brand ambassador, Venugopal Dhoot's is a story of an aggressive small town businessman's pursuit to be on the top. Now arrested in connection with the ICICI Bank loan fraud case, Venugopal Dhoot during his heydays was not the one to simply sit on small achievements like Videocon becoming the largest television set manufacturer in India.

IMF chief Lagarde under investigation in French fraud case

IMF chief Lagarde under investigation in French fraud case

Rediff.com28 Aug 2014

IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister.

India sees sharp rise in cyber attacks as internet base continues to widen

India sees sharp rise in cyber attacks as internet base continues to widen

Rediff.com15 Aug 2022

Even as India's internet base continues to widen, with the country set to have over 900 internet users by 2025, a parallel rise in cyber threats has become a matter of huge concern. Experts say that the sudden surge in digital adoption left little time to develop a cybersecurity backbone for the country. This has put large amounts of data at risk.

Self-assessment of dues by Airtel, VIL, Tatas Rs 82,300 crore short of DoT's AGR math

Self-assessment of dues by Airtel, VIL, Tatas Rs 82,300 crore short of DoT's AGR math

Rediff.com18 Mar 2020

AGR dues calculated by the government for 16 entities add up to Rs 1.69 lakh crore, while telcos' self-assessment place their dues at a mere Rs 37,176 crore.

Samsung officials questioned by DRI over alleged duty evasion

Samsung officials questioned by DRI over alleged duty evasion

Rediff.com10 Jul 2021

The probe agency is learnt to have taken possession of multiple physical and digital records during a search operation conducted on the premises of the South Korean firm in Delhi and Mumbai this week.

Israeli PM Netanyahu indicted on corruption charges

Israeli PM Netanyahu indicted on corruption charges

Rediff.com21 Nov 2019

The prime minister has denied all the allegations, saying they are part of a politically orchestrated "witch-hunt" to oust him from office.

Devas wins plea to seize Indian property in cancelled Isro deal

Devas wins plea to seize Indian property in cancelled Isro deal

Rediff.com13 Jan 2022

A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled satellite contract, according to the court order copy.

Antrix dispute: Devas seizes $87,457 cash in US

Antrix dispute: Devas seizes $87,457 cash in US

Rediff.com17 Aug 2022

Devas Multimedia has seized $87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a $1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday. Devas Multimedia America Inc had sought seizure of $145,000 but the actual recovery was $87,457.47 (a little less than Rs 70 lakh). This came after it secured a favourable order from the Eastern District Court of Virginia, Matthew D McGrill said.

Banks' NPAs never went away, they were only hidden

Banks' NPAs never went away, they were only hidden

Rediff.com26 May 2022

Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.

Why Jaitley demands a hasty change in corruption law

Why Jaitley demands a hasty change in corruption law

Rediff.com24 Dec 2015

A Bill to change the PCA (1988) was introduced in the Rajya Sabha earlier this month.

Warning! Sextortion Cases On The Rise In Bihar

Warning! Sextortion Cases On The Rise In Bihar

Rediff.com11 May 2022

Cyber criminals are using apps and young women to trap people through mobile phone calls and video chats.

Subex buys out Alcatel division

Subex buys out Alcatel division

Rediff.com28 Jul 2004

Netanyahu rejects graft charges after cops recommend indictment

Netanyahu rejects graft charges after cops recommend indictment

Rediff.com2 Dec 2018

Al Jazeera quoted the Israeli Prime Minister as saying, 'These recommendations were determined and leaked even before the investigations began.'