Ahmedabad/Mumbai, April 18 (IANS) A cyber fraud network that allegedly generated and siphoned off more than Rs 7.34 crore by exploiting a vulnerability in a cooperative bank’s core banking system has been uncovered, with four people arrested in Gujarat and Maharashtra, officials said on Saturday.The arrests were made by the Cyber Centre of Excellence in Gandhinagar in connection with the hacking of the computer system of The Bhavnagar District Co-operative Bank Ltd.A case was registered after …
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Ahmedabad, April 2 (IANS) The Ahmedabad Cyber Crime Branch has uncovered a network of bank accounts linked to at least 41 cyber fraud complaints across India, and has arrested six individuals accused of facilitating financial transactions for a wider cryptocurrency scam syndicate. The arrests follow a complaint alleging that a local resident was duped of Rs 57.9 lakh after being lured into a fake cryptocurrency investment scheme promising high returns.Police said a key accused, identified …
New Delhi, Jan 6 (IANS) Telenor Group has finally exit Pakistan, announcing the successful completion of the sale of Telenor Pakistan to Pakistan Telecommunication Company Limited (PTCL), as the atmosphere to do business becomes extremely difficulty in the country.Telenor Group said in a recent statement that when the sale was announced on December 14, 2023, Telenor Pakistan was valued at NOK 5.3 billion on a cash-and-debt-free basis.“The closing of the transaction confirms this valuation leve…