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Insurance scam busted, 7 held in Ghaziabad
Insurance scam busted, 7 held in Ghaziabad

Time of India

time17 hours ago

  • Time of India

Insurance scam busted, 7 held in Ghaziabad

Ghaziabad: Seven persons were arrested on Friday for operating a fake insurance policy racket that targeted over 1,500 people nationwide. Two suspects, former employees of a Noida call centre, allegedly stole customer data and contacted victims with fake promotional offers. The group created counterfeit receipts using specialised software after receiving payments from victims. They opened their office in a car and earned approximately Rs 4.5 crores through the fraud. Police identified the prime suspects as Aman Aggarwal (29) and Rahul Sharma (23). The five other accused were identified as Aftab Alam (25), Rahul Yadav (30), Deepak Singh (25), Garvit Tyagi (24) and Jagjit Singh (26). Alok Priyadarshi, additional CP of Ghaziabad, told TOI that Aman and Rahul worked at HAXR Company in Noida in 2021. This company was an authorised centre for various insurance policies from companies like Reliance, Bharti Hexa, Cigna TTK, HDFC, and Bajaj. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida "They provided the mule bank account details to victims and provided fake insurance documents to them. For contacting policyholders, they used pre-activated SIM cards with fake IDs provided by a person named Mukesh (absconding)," Alok said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like ¡No me lo pierdo! Orange Undo The accused were booked by Cyber police station under the sections 3(5) (acts done by several people in furtherance of common intention), 318 (4) (cheating), 336 (3) and 338 (forgery), 340 (using forged documents) of BNS and Section 66 of the IT Act.

Bengaluru, here's how you can soon buy Namma Metro tickets on multiple apps
Bengaluru, here's how you can soon buy Namma Metro tickets on multiple apps

The Hindu

time2 days ago

  • Business
  • The Hindu

Bengaluru, here's how you can soon buy Namma Metro tickets on multiple apps

Commuters using Namma Metro will soon be able to book tickets using a variety of mobility apps as the Bangalore Metro Rail Corporation Limited (BMRCL) is set to enhance passenger convenience by integrating with the Open Network for Digital Commerce (ONDC). This means that metro commuters will be able to book tickets on apps like Tummoc, Rapido, and several other platforms. The initiative aims to simplify commuting by creating a smooth, all-in-one travel experience for metro passengers, according to officials. End-to-end booking 'This new partnership will make it easier for commuters to plan their entire trip from booking an auto-rickshaw or cab to purchasing a BMTC bus pass and metro ticket using a single aggregator app. This initiative is part of a broader plan to encourage end-to-end journey booking, especially as public transport and last-mile connectivity play an increasingly vital role in urban mobility,' an official said. The official further explained, 'We want to make sure commuters have a truly unified experience. Through the ONDC platform, which has collaborations with more than ten mobility apps, we are enabling people to plan and pay for all legs of their trip. Commuters can choose whichever app suits them best, ensuring they never have to switch between platforms.' The official also noted that this digital transformation will help improve accessibility, reduce wait times, and encourage greater use of public transport options. Other integrations BMRCL has already partnered with a private technology solutions provider to integrate its ticketing services with these apps. Meanwhile, other partnerships for ticketing and smart card recharges are also making metro travel more accessible. WhatsApp, for example, has been offering QR code-based metro ticketing since November 2022. However, this service does not cover first- and last-mile connections like auto-rickshaws and buses. BMRCL also collaborates with Paytm for QR-code-based tickets and Amazon Pay for smart card top-ups, in addition to its own Namma Metro app for direct recharges. Timely implementation Commuters are looking forward to the initiative. 'This new booking option may be a game-changer for me if it is implemented properly,' said Rahul Sharma, a regular Metro commuter from Jalahalli. 'Being able to plan my entire trip from my auto ride to my bus pass and Metro ticket all in one app will save me a lot of time and hassle every day. But I really hope BMRCL ensures this launches soon. Many times, good initiatives like this get delayed, and with so many of us using multiple modes of transport every day, it's important this becomes available on time,' he added.

Soon, Bengaluru Namma Metro commuters can buy tickets on multiple mobility apps
Soon, Bengaluru Namma Metro commuters can buy tickets on multiple mobility apps

The Hindu

time2 days ago

  • Business
  • The Hindu

Soon, Bengaluru Namma Metro commuters can buy tickets on multiple mobility apps

Commuters using Namma Metro will soon be able to book tickets using a variety of mobility apps as the Bangalore Metro Rail Corporation Limited (BMRCL) is set to enhance passenger convenience by integrating with the Open Network for Digital Commerce (ONDC). This means that metro commuters will be able to book tickets on apps like Tummoc, Rapido, and several other platforms. The initiative aims to simplify commuting by creating a smooth, all-in-one travel experience for metro passengers, according to officials. End-to-end booking 'This new partnership will make it easier for commuters to plan their entire trip from booking an auto-rickshaw or cab to purchasing a BMTC bus pass and metro ticket using a single aggregator app. This initiative is part of a broader plan to encourage end-to-end journey booking, especially as public transport and last-mile connectivity play an increasingly vital role in urban mobility,' an official said. The official further explained, 'We want to make sure commuters have a truly unified experience. Through the ONDC platform, which has collaborations with more than ten mobility apps, we are enabling people to plan and pay for all legs of their trip. Commuters can choose whichever app suits them best, ensuring they never have to switch between platforms.' The official also noted that this digital transformation will help improve accessibility, reduce wait times, and encourage greater use of public transport options. Other integrations BMRCL has already partnered with a private technology solutions provider to integrate its ticketing services with these apps. Meanwhile, other partnerships for ticketing and smart card recharges are also making metro travel more accessible. WhatsApp, for example, has been offering QR code-based metro ticketing since November 2022. However, this service does not cover first- and last-mile connections like auto-rickshaws and buses. BMRCL also collaborates with Paytm for QR-code-based tickets and Amazon Pay for smart card top-ups, in addition to its own Namma Metro app for direct recharges. Timely implementation Commuters are looking forward to the initiative. 'This new booking option may be a game-changer for me if it is implemented properly,' said Rahul Sharma, a regular Metro commuter from Jalahalli. 'Being able to plan my entire trip from my auto ride to my bus pass and Metro ticket all in one app will save me a lot of time and hassle every day. But I really hope BMRCL ensures this launches soon. Many times, good initiatives like this get delayed, and with so many of us using multiple modes of transport every day, it's important this becomes available on time,' he added.

Contract maker Zetwerk set to pump Rs 500–800 crore for component making
Contract maker Zetwerk set to pump Rs 500–800 crore for component making

Time of India

time6 days ago

  • Business
  • Time of India

Contract maker Zetwerk set to pump Rs 500–800 crore for component making

Zetwerk is looking to pump in Rs 500–800 crore as the Bengaluru-based unicorn embarks on manufacturing printed circuit boards (PCBs), enclosures and electromechanical components such as heat sinks and sensors, said its co-founder Rahul Sharma 'We are very excited about the component PLI (production-linked incentive) and have seen a lot of traction,' he told ET. While the application for the government's PLI scheme is being prepared, Zetwerk has forged technology tie-ups with companies in Taiwan and is eyeing setting up manufacturing plants over the next one year. 'We are in talks with a Taiwanese company for PCBs and have gotten into a definitive agreement with them," Sharma said. "We are also speaking to a South Korean company. And for products like enclosures, we are partnering with an Indian company since that capability already exists here. Within enclosures, we are looking at enclosures for laptops and non-Apple mobile brands and products." ETtech Live Events Zetwerk is also evaluating potential collaborations with Chinese companies, particularly in specialised areas like PCBs, he said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'Recent policy developments have signalled a pragmatic approach toward allowing minority partnerships with Chinese firms, recognising the value they can bring in bridging critical technology gaps and supporting India's self-reliance goals. Once we receive the necessary government approvals, we will move forward with these partnerships,' he said. Once the necessary approvals are obtained, Zetwerk would set up the manufacturing units, Sharma said. 'We are already present in Uttar Pradesh, Haryana, Tamil Nadu and Karnataka with plants in the electronics sector. Now, with the component PLI, we would be setting up new plants and are in close talks with a few of the state governments,' he said. While Sharma did not name the states that Zetwerk was engaging with, he said none of them had reached a definitive agreement yet. He also said that segments like electromechanical components, unlike PCBs, can be housed within the existing units. 'PCBs cannot be stationed at the same place where our existing EMS (electronic manufacturing services) factories are stationed,' he said. 'It will definitely be in a different place because it has different requirements for polishing control, power and other factors. Same goes for enclosures where we don't have to have these facilities situated in our existing clusters." Sharma further said, 'We have also hired one of the big four firms to help us prepare an application which is suitable for the government to evaluate.'

Contract maker Zetwerk set to pump Rs 500–800 crore for component making
Contract maker Zetwerk set to pump Rs 500–800 crore for component making

Economic Times

time6 days ago

  • Business
  • Economic Times

Contract maker Zetwerk set to pump Rs 500–800 crore for component making

Synopsis Zetwerk plans to invest Rs 500–800 crore in manufacturing printed circuit boards (PCBs), enclosures, and electromechanical components. Cofounder Rahul Sharma mentioned the company is preparing for the government's PLI scheme and has technology tie-ups with Taiwanese companies. Zetwerk is also exploring collaborations with South Korean and Chinese firms, pending government approvals, to enhance India's self-reliance in electronics manufacturing.

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