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    Debt-Driven Scheme: Father's Attempted Ransom Plot Foiled

    Meerut (UP), March 11 A man here is alleged to have staged the kidnapping of his minor son and demanded a ransom of Rs 6 lakh in an attempt to clear debts incurred through online gaming, police said on Wednesday.The accused has been arrested and the boy has been safely recovered, they said...
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    Jio Financial Services Launches New Features in Finance App

    Mumbai, February 27 Jio Financial Services announced on Friday the expansion of its app to function as a marketplace, which will also sell products from third-party companies.The new JioFinance app, powered by artificial intelligence, machine learning, and neural networks, will eventually...
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    Cyber Fraud Network Dismantled; 16 States Targeted in Massive Crackdown

    Hyderabad, February 24 The police said on Tuesday that it had dismantled a pan-India cyber fraud syndicate in a major crackdown by arresting 104 people from 16 states.The individuals linked to 1,055 cyber fraud cases registered across the country, involving a total fraud amount of...
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    Operation Octopus: Police Disrupt Cyber Fraud Network Across 16 States

    Hyderabad, February 24 – In a major crackdown, the Hyderabad Police dismantled a pan-India cyber fraud syndicate by arresting 104 fraudsters across 16 states.At least 32 special teams carried out "Operation Octopus" over a period of 10 days, Hyderabad Police Commissioner V.C. Sajjanar said on...
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    India's Digital Payments: Merchant Revenue Outpaces Consumer

    New Delhi, February 23 Merchant payments are emerging as the more attractive segment in India's digital payments ecosystem, with Paytm maintaining an edge in revenue intensity and profitability, according to a February 23 report by Bernstein.The brokerage said that merchant acquiring offers...
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    Investment Roundup: Annapurna, Kotak Alts, and Axis Bank

    Mumbai, February 18 Micro lender Annapurna Finance announced on Wednesday that it has raised USD 100 million through a syndicated multi-currency social loan facility.The facility is denominated in US dollars and Japanese yen, and Standard Chartered Bank acted as the sole mandated lead...
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