Tag: Cyber Fraud

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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ED Busts Global Cyber Scam, Seizes ₹2.83 Cr in Assets

India’s Enforcement Directorate has arrested a prime suspect behind a transnational cyber scam involving fake call centres that defrauded foreign nationals. The agency has...

₹3 Cr Scam: Fake Trading Apps Busted in Navi Mumbai

The Navi Mumbai Cyber Police have arrested two individuals for their role in a sophisticated ₹3 crore online trading scam that defrauded victims through...

Retired Banker Loses ₹4.75 Cr in Forex Scam

In one of the most high-value cyber frauds reported in Ludhiana this year, a retired banker was defrauded of ₹4.75 crore in a sophisticated...

Apple Blocks ₹77,000 Cr Fraud with App Store Defenses

Apple’s latest App Store Fraud Analysis Report reveals that the tech giant prevented nearly ₹77,000 crore (around $9 billion) in fraudulent transactions over the...

DoT Launches FRI to Flag Fraud-Prone Mobile Numbers

The Department of Telecommunications (DoT) has introduced a new analytical tool—Financial Fraud Risk Indicator (FRI)—to strengthen cyber fraud prevention across India’s financial ecosystem. Developed...