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The internet has revolutionised our lives, offering convenience and connectivity at our fingertips. With the rapid adoption of digital payments in India, fraudsters have evolved their tactics, devising new scams to exploit the growing user base. Several <keyword id="20182215" type="General" weightage="20" keywordseo="online-scams" source="keywords">online scams</keyword> have been reported in India over the past few months, from the standard UPI refund scams to unbelievable scams such as the digital arrest scams. Here's a look at some prevalent online scams and how to protect yourself: <h2><keyword id="23629952" type="General" weightage="20" keywordseo="UPI-refund-scam" source="keywords">UPI refund scam</keyword></h2>UPI refund scam is one of the most common online scams these days. It involves a person sending the victim money and then claiming that it was accidentally sent. The scammer then asks the victim to refund the money, often using excuses such as emergency hospitalisations or other important expenses. If the victim refunds the money, the scammer then contacts their bank and reverses the initial transaction, resulting in the victim losing money. How to protect yourself from UPI refund scams: <ul><li>Do not resend the money if someone claims they have “accidentally” sent you money.</li><li>If you receive money from an unknown source, contact your bank immediately.</li><li>If someone says they have sent you money, ask them to contact their bank to get a refund.</li></ul><h2><keyword id="19939895" type="General" weightage="20" keywordseo="phishing-scams" source="keywords">Phishing scams</keyword></h2>Phishing scams have been around for a long time, but they have become more sophisticated in the digital age. Fraudsters often impersonate reputable companies, sending fake emails, messages, or even websites that look almost identical to the real ones. These messages typically contain a sense of urgency—such as a warning that your account is about to be blocked or that you've won a prize. Once you click on the link, you’re directed to a fake site that prompts you to enter your personal information, including login credentials and payment details. This data is then used to steal money or compromise your identity. How to protect yourself from phishing scams: <ul><li>Be sceptical of unexpected messages or emails, even if they seem to come from trusted sources.</li><li>Check the URLs of websites carefully. Scammers often use misspelt URLs that are designed to look legitimate.</li><li>Never share your personal or financial information without verifying the authenticity of the request.</li></ul><h2><keyword id="23629953" type="General" weightage="20" keywordseo="SIM-swap-scam" source="keywords">SIM Swap scam</keyword></h2>As the name suggests, a SIM swap scam basically involves the scammer getting access to your SIM, either with the help of someone at the mobile service provider or through other means. The scammer often convinces the network provider to activate a SIM card they possess, gaining control of the victim’s phone number. This allows the scammer to gain access to all calls and text messages that the victim may receive, which is important in this day and age where all accounts are linked to your phone number. Once the scammer gets access to the victim’s phone number, they use it to gain access to their bank account and steal money. How to protect yourself from SIM swap scam: <ul><li>If your SIM stops working, immediately inform the telecom operator.</li><li>Make use of a SIM lock, which prevents your SIM from being used on another smartphone without entering a password.</li><li>Avoid sharing personal information online, especially things which can make it easier to crack your passwords.</li><li>Keep track of your accounts and report any unauthorised transactions.</li></ul><h2><keyword id="20415709" type="General" weightage="20" keywordseo="online-shopping-scams" source="keywords">Online Shopping Scams</keyword></h2>Beware of fake online stores offering unbelievable deals. These websites might steal your payment information or deliver counterfeit or non-existent products. These websites often advertise unbelievable deals to lure in unsuspecting customers, either with the intention of stealing their data or selling substandard products. How to stay safe: <ul><li>Shop from reputable websites. Look for customer reviews and secure payment gateways.</li><li>Be cautious of prices that seem too good to be true.</li><li>Use a credit card for online purchases. It offers better fraud protection than a debit card.</li></ul><h2>The "Digital Arrest" scam</h2>In this chilling scam, fraudsters impersonate law enforcement officials. They may claim you're involved in illegal activities and threaten you with a "digital arrest" or legal action. To avoid this, they'll demand payment or personal information. Victims are often coerced into making payments via UPI or other digital means. The sense of urgency and fear of legal consequences often compels people to act without verifying the legitimacy of the claim. How to avoid: <ul><li>Know your rights: Law enforcement agencies will never demand payment or personal information over the phone or online. </li><li>Verify identities: If you receive such a call, hang up and directly contact the relevant authorities to verify the claim.</li></ul><h2><keyword id="23629954" type="General" weightage="20" keywordseo="KYC-scam" source="keywords">KYC scam</keyword></h2>With the increased demand for KYC (know your customer) updates across digital platforms, fraudsters are taking advantage by posing as bank or telecom representatives. They often claim that your account will be blocked if you don’t update your KYC details immediately. Victims are then asked to share their Aadhaar number, PAN, or other personal details via a fraudulent link or over a call. In some cases, they also ask users to complete the process through UPI apps, stealing money from their accounts during the process. How to avoid it: <ul><li>Banks and financial institutions never ask for personal details over a call, message, or link.</li><li>Always update KYC details through official channels, like the bank’s app or website.</li><li>If you receive a suspicious KYC request, report it to your bank’s customer service immediately.</li></ul>SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/waaree-energies-to-afcons-infrastructure-ipos-to-look-out-for-this-week/articleshow/114421377.cms">Waaree Energies to Afcons Infrastructure, IPOs to look out for this week</a> <a href="https://www.businessinsider.in/personal-finance/news/best-credit-cards-for-online-shopping-in-india/articleshow/114354358.cms">Best credit cards for online shopping this festive season</a> <a href="https://www.businessinsider.in/stock-market/news/bigger-they-are-harder-they-fall-a-look-at-how-the-countrys-biggest-ipos-have-fared/articleshow/114307997.cms">Bigger they are, harder they fall – A look at how the country’s biggest IPOs have fared</a>

UPI refund to digital arrest scam, here are some online scams you need to be aware of

<keyword id="20024191" type="General" weightage="20" keywordseo="Reliance-Power" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Power" meta.hostid="261" meta.entityid="Reliance Power">Reliance Power</keyword> said it has received <keyword id="21075266" type="General" weightage="20" keywordseo="shareholders-approval" source="keywords">shareholders' approval</keyword> to raise <keyword id="23666886" type="General" weightage="20" keywordseo="Rs-1524-60-crore" source="keywords">Rs 1,524.60 crore</keyword> through issuance of <keyword id="20770487" type="General" weightage="20" keywordseo="preferential-shares" source="keywords">preferential shares</keyword>. A resolution through a postal ballot notice has been passed with requisite majority, the company said in a late night stock exchange filing on Wednesday. According to the postal ballot notice, the company will raise up to Rs 1,524.60 crore by preferential issue of up to 46.20 crore <keyword id="20035340" type="General" weightage="20" keywordseo="equity-shares" source="keywords">equity shares</keyword> and/or warrants convertible into equivalent number of equity shares at a price of Rs 33 per apiece. On September 23, the board of Reliance Power Ltd had approved raising Rs 1,524.60 crore through issue of preferential shares, wherein promoters will infuse Rs 600 crore into the company to advance its business. <div type="Article" hostid="261" msid="79183505" title="Happy Dhanteras 2024 messages and wishes" mstype="2" mssubtype="0"></div> Reliance Infrastructure, the promoter of the company, will enhance its equity stake by over Rs 600 crore. The other investors who will participate in the preferential issue include Authum Investment and Infrastructure Ltd and Sanatan Financial Advisory Services. The fresh fund would be utilised for expansion of business operations directly and/or through investment in subsidiaries and joint ventures, debt reduction and for general corporate purposes, the company said. The preferential issue will enhance the company's net worth from about Rs 11,155 crore to over Rs 12,680 crore, it said. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/webstories/afcons-infrastructure-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/114490954.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/webstories/afcons-infrastructure-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/114490954.cms" target="_blank">Afcons Infrastructure IPO – GMP, risk factors and all you need to know</a><a href="https://www.businessinsider.in/tech/news/upi-refund-scam-to-digital-arrest-scam-here-are-most-common-online-scams-in-india/articleshow/114428011.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/upi-refund-scam-to-digital-arrest-scam-here-are-most-common-online-scams-in-india/articleshow/114428011.cms" target="_blank">UPI refund to digital arrest scam, here are some online scams you need to be aware of</a><a href="https://www.businessinsider.in/stock-market/news/waaree-energies-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/114508632.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/waaree-energies-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/114508632.cms" target="_blank">Waaree Energies IPO allotment – How to check allotment, IPO GMP, listing date and more</a>

Reliance Power gets shareholders' nod to raise ₹1,525 crore via preferential shares

<ul><li><keyword id="19901323" type="General" weightage="20" keywordseo="Zomato" source="keywords" meta.keywordsubtype="org" meta.entityname="Zomato" meta.hostid="261" meta.entityid="Zomato">Zomato</keyword> has increased the platform fees to ₹10 per order.</li><li>The <keyword id="20299300" type="General" weightage="20" keywordseo="platform-fee" source="keywords">platform fee</keyword> is charged on each order irrespective of the order value or Zomato Gold membership.</li><li>With this, the platform fees has increased by five times within a year.</li></ul> The festive season is here and you are more likely to order food and sweets from apps like Zomato and Swiggy. Anticipating a rise in food orders, Zomato has hiked the platform fee from ₹6 to ₹10 and has renamed it to the “Festive season platform fee”. “This fee helps us pay our bills to keep Zomato running. To maintain services during festive rush, it has increased slightly,” a notification on the Zomato app said. <div type="image" title="Zo" msid="114496613" hostid="261" sizebytes="39238" caption="&amp;lt;p&amp;gt;Festive season platform fee on Zomato&amp;lt;/p&amp;gt;"></div> Zomato introduced platform fees in 2023, which began at ₹2 per order. This was then increased to ₹3 and then to ₹5 in April 2024. In July 2024, the fee was increased to ₹6 per order. Now, the platform fee has been increased to ₹10, marking a five-fold increase in just a year. The platform fee is different from other charges levied on orders such as GST, delivery charges and restaurant charges. Customers are required to pay this charge irrespective of Zomato Gold membership. Zomato recently approved a fundraising of ₹8,500 crore via a qualified institutional placement (QIP). This is aimed at boosting its cash reserves after its recent acquisition of ticketing business from Paytm. <h2>Zomato share price surges</h2>Zomato’s share price increased by 2.3% on Wednesday after the increase in platform fees. The company’s shares were trading at ₹262.25 at 11:50. The company’s share price has increased by over 140% in the past year. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/upi-refund-scam-to-digital-arrest-scam-here-are-most-common-online-scams-in-india/articleshow/114428011.cms">UPI refund to digital arrest scam, here are some online scams you need to be aware of</a> <a href="https://www.businessinsider.in/personal-finance/news/best-credit-cards-for-online-shopping-in-india/articleshow/114354358.cms">Best credit cards for online shopping this festive season</a> <a href="https://www.businessinsider.in/business/auto/news/the-ola-electric-saga-are-surge-in-complaints-and-declining-market-share-a-wake-up-call-for-bhavish-aggarwal/articleshow/114120828.cms">The Ola Electric Saga: Are surge in complaints and declining market share a wake-up call for Bhavish Aggarwal?</a>

Diwali gift from Zomato – Platform fee increased to ₹10 ahead of the festive season

<ul><li><keyword id="19899640" type="General" weightage="100" keywordseo="AI" source="keywords">AI</keyword> will replace 50% of <keyword id="21771459" type="General" weightage="20" keywordseo="middle-management" source="keywords">middle management</keyword> roles in 20% of organisations by 2026.</li><li>By 2029, AI's influence is set to extend into the boardroom, with 10% of global boards predicted to use AI-generated insight.</li><li>This strategy aims to cut labour costs while boosting productivity.</li></ul>As artificial intelligence (AI) continues to evolve alongside human usage, it is reshaping organisational structures, decision-making processes, and even the boundaries of technology's impact on daily life, according to <keyword id="19955158" type="General" weightage="20" keywordseo="Gartner" source="keywords" meta.keywordsubtype="org" meta.entityname="Gartner" meta.hostid="261" meta.entityid="Gartner">Gartner</keyword>. By 2026, 20% of organisations will use AI to reduce more than half of their current middle management roles. "Through 2026, 20% of organisations will use AI to flatten their <keyword id="21339348" type="General" weightage="20" keywordseo="organisational-structure" source="keywords">organisational structure</keyword>, eliminating more than half of current middle management positions," said the report. This strategy aims to cut labor costs while boosting productivity, as AI takes over tasks like scheduling, reporting, and performance monitoring. However, the shift could disrupt traditional mentoring pathways and leave junior employees with fewer development opportunities. Concerns over <keyword id="19999151" type="General" weightage="20" keywordseo="job-security" source="keywords">job security</keyword> and increased management responsibilities for remaining staff may also pose significant challenges. By 2029, AI's influence is set to extend into the boardroom, with 10% of global boards predicted to use AI-generated insights to challenge executive decisions. This development will empower board members to rely on data-driven guidance, thereby reshaping leadership dynamics and reducing the influence of maverick executives. While AI insights may initially seem at odds with the traditional views of board members, their growing effectiveness will likely lead to broader acceptance. By 2028, <keyword id="19896272" type="General" weightage="20" keywordseo="generative-AI" source="keywords">generative AI</keyword> is expected to play a key role in corporate branding, with 30% of S&amp;P companies likely to use AI-specific labels, such as "xxGPT," to distinguish their products and create new revenue streams. As the GenAI landscape becomes more competitive, companies will need to adopt specialized models tailored to their industry to maintain a competitive edge. Security concerns surrounding AI agents will grow in the coming years, with Gartner predicting that 25% of enterprise breaches will be linked to AI agent abuse by 2028. As AI agents expand rapidly into more complex use cases, businesses will need to enhance their security measures to protect against both external threats and malicious internal actions. To address these security challenges, "Guardian Agents" will emerge as a solution. By 2028, 40% of Chief Information Officers (CIOs) are expected to demand autonomous agents that can track and oversee AI activities, ensuring compliance with security, ethics, and data management standards. Finally, the shift to microgrids is set to accelerate, with Fortune 500 companies expected to invest $500 billion by 2027 to mitigate chronic energy risks and support the growing energy demands of AI. Microgrids offer a more sustainable and cost-effective energy solution, enabling companies to reduce their reliance on traditional power grids and better manage day-to-day operations. With inputs from ANI. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/webstories/afcons-infrastructure-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/114490954.cms">Afcons Infrastructure IPO – GMP, risk factors and all you need to know</a> <a href="https://www.businessinsider.in/tech/news/upi-refund-scam-to-digital-arrest-scam-here-are-most-common-online-scams-in-india/articleshow/114428011.cms">UPI refund to digital arrest scam, here are some online scams you need to be aware of</a> <a href="https://www.businessinsider.in/stock-market/news/waaree-energies-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/114508632.cms">Waaree Energies IPO allotment – How to check allotment, IPO GMP, listing date and more</a>

By 2026, 20% of organisations will use AI to reduce 50% of middle management roles: Gartner

<ul><li>The <keyword id="23635775" type="General" weightage="100" keywordseo="Snapdragon-8-Elite" source="keywords">Snapdragon 8 Elite</keyword> Mobile Platform has been announced at the <keyword id="23643588" type="General" weightage="20" keywordseo="Snapdragon-Tech-Summit" source="keywords">Snapdragon Tech Summit</keyword>.</li><li>The flagship chipset will power the next-gen flagship smartphones.</li><li>Here’s everything you need to know about the Snapdragon 8 Elite Mobile Platform.</li></ul> <keyword id="19944986" type="General" weightage="20" keywordseo="Qualcomm" source="keywords" meta.keywordsubtype="org" meta.entityname="Qualcomm" meta.hostid="261" meta.entityid="Qualcomm">Qualcomm</keyword> today announced the Snapdragon 8 Elite Mobile Platform, the company’s latest flagship mobile chipset at the Snapdragon Tech Summit 2024. The Snapdragon 8 Elite will power the next-gen flagship Android smartphones. The Snapdragon 8 Elite chipset is the successor of the Snapdragon 8 Gen 3 chipset and comes with a new moniker. In addition to announcing the chipset, the American chip giant also revealed some of the devices that will be launched with the new chipset in the coming weeks. <h2>Snapdragon 8 Elite features and specifications</h2>The Snapdragon 8 Elite uses the company’s second-gen Oryon CPU with a custom eight-core structure. It offers two prime cores clocked at 4.32 GHz and six performance cores clocked at 3.53 GHz. It offers support for 5,300MHz LPDDR5X RAM. <div type="Article" hostid="261" msid="114275922" title="Samsung Galaxy Ring is now available in India at ₹38,999" mstype="2" mssubtype="0"></div> The new chipset is built on TSMC’s 3nm process and is claimed to offer a 45% boost in CPU performance and a 44% improvement in power efficiency. Coming to the graphics, the Snapdragon 8 Elite is equipped with a revamped Adreno GPU which is claimed to offer 40% improved performance and power efficiency. For gamers, it is claimed to offer 35% improved ray tracing performance. This will also be the first chipset to offer support for Unreal Engine 5.3. "We are so excited to bring the power of Qualcomm Oryon to our Snapdragon mobile platforms for the first time. It's a major leap forward and we expect consumers to be thrilled with the new experiences enabled by our CPU technology,” said Chris Patrick, senior vice president and general manager of mobile handsets, Qualcomm Technologies. The chipset is equipped with the new Hexagon NPU that will enable 45% boost in performance and power efficiency. <div type="Article" hostid="261" msid="114210864" title="Pixel 9 Pro to go on sale in India from October 17 – price, specs and everything you need to know" mstype="2" mssubtype="0"></div> Qualcomm has also announced a new AI engine with Multimodal Gen AI support, which is aimed at improving interactions, understanding voice, text, images and even see content through your camera. The Snapdragon 8 Elite packs a triple ISP (Image Signal Processor), enabling cameras to capture 8K HDR video or shoot photos at over 200 MP resolution. Qualcomm’s new Spectra ISP ensures superior low-light performance, faster autofocus, and enhanced image processing. The Snapdragon 8 Elite comes with the Snapdragon X80 5G Modem-RF System along with the Qualcomm 5G AI Suite Gen 3. It offers download speeds of up to 10 Gbps and Wi-Fi 7 support via FastConnect 7900. <h2><keyword id="21843015" type="General" weightage="20" keywordseo="iQOO-13" source="keywords">iQOO 13</keyword></h2>iQOO has confirmed that the iQOO 13, its flagship smartphone with the Snapdragon 8 Elite chipset will launch at an event in China on October 30. The company has also teased the India launch of the device and has said that the device will be available through Amazon India. <div type="image" title="iQOO 13" msid="114464075" hostid="261" sizebytes="31674" caption="&amp;lt;p&amp;gt;iQOO 13 teaser&amp;lt;/p&amp;gt;"></div> It will feature a large 6,150mAh battery and offer 120W fast charging support. This will be a huge increase from the 5,000mAh battery offered with the<a href="https://www.businessinsider.in/tech/mobile/news/iqoo-12-review-flagship-performance-and-cameras-at-an-affordable-price/articleshow/105937154.cms"> iQOO 12</a>. The iQOO 13 will be available in four colour options – Black Racetrack, Gray, Isle of Man and White Legendary Edition. Vivo has also revealed that its upcoming X200 Ultra will be equipped with the Snapdragon 8 Elite chipset. <h2><keyword id="23451323" type="General" weightage="20" keywordseo="Xiaomi-15" source="keywords">Xiaomi 15</keyword> series</h2>Xiaomi has confirmed that the upcoming Xiaomi 15 series will be powered by the Snapdragon 8 Elite chipset, going on even claim that its devices will be the first to be launched with the new chipset. The company has said that it has revamped HyperCore and this will offer a 3-degree Celsius decline in temperatures while gaming and reduce the power consumption by up to 29.7%. <h2><keyword id="20850131" type="General" weightage="20" keywordseo="OnePlus-13" source="keywords">OnePlus 13</keyword></h2>The OnePlus 13 is among the most awaited smartphones in the affordable flagship segment and is set to be launched in China on October 31. While the Indian launch is still a while away, we will get to know everything about the device later this month. The company has already confirmed that the device will be powered by the Snapdragon 8 Elite chipset. “Over the years, OPPO and Qualcomm Technologies have maintained a close collaboration to bring users numerous innovative experiences, including when it comes to on-device generative AI. We are looking forward to the launch of our flagship masterpiece, the OnePlus 13, which will adopt the Snapdragon 8 Elite Mobile Platform as OnePlus ushers in the new decade,” said Henry Duan, Senior Vice President, OPPO. <h2>Samsung</h2>Samsung has also said that its upcoming flagship devices will be powered by the Snapdragon 8 Elite chipset. While the company has not said which devices will use the chipset, it will likely include devices from its Galaxy S25 series and the new Galaxy Z Fold and Galaxy Z Flip smartphones. <h2><keyword id="23642262" type="General" weightage="20" keywordseo="Realme-GT-7-Pro" source="keywords">Realme GT 7 Pro</keyword></h2>Realme has claimed that its flagship smartphone, the Realme GT 7 Pro, which is scheduled to launch in November will be the first device to be powered by the Snapdragon 8 Elite chipset. “At Realme, we’re committed to being the first to push boundaries and cutting-edge technology to our customers. We couldn’t be prouder to be the first brand in India to launch a smartphone featuring the Snapdragon 8 Elite Chipset,” a Realme spokesperson said. <h2><keyword id="23643587" type="General" weightage="20" keywordseo="ROG-Phone-9" source="keywords">ROG Phone 9</keyword></h2>One of the phones that gamers look out for every year is the ROG Phone as it features powerful hardware and this year’s ROG Phone 9 will be no different. Asus has confirmed that the ROG Phone 9 will be powered by the Snapdragon 8 Elite chipset and will be announced on November 19. The company is expected to pair the chipset with up to 24GB RAM and 1TB internal storage. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/upi-refund-scam-to-digital-arrest-scam-here-are-most-common-online-scams-in-india/articleshow/114428011.cms">UPI refund to digital arrest scam, here are some online scams you need to be aware of</a> <a href="https://www.businessinsider.in/personal-finance/news/best-credit-cards-for-online-shopping-in-india/articleshow/114354358.cms">Best credit cards for online shopping this festive season</a> <a href="https://www.businessinsider.in/tech/mobile/webstories/best-smartphones-under-25000-in-india-in-october-2024/slidelist/114339207.cms">Best smartphones under ₹25,000 in India in October 2024</a>

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UPI refund to digital arrest scam, here are some online scams you need to be aware of

Sourabh Jain

Reliance Power gets shareholders' nod to raise ₹1,525 crore via preferential shares

PTI

Diwali gift from Zomato – Platform fee increased to ₹10 ahead of the festive season

Sourabh Jain

By 2026, 20% of organisations will use AI to reduce 50% of middle management roles: Gartner

BI India Bureau

Snapdragon 8 Elite announced, to power iQOO 13, OnePlus 13, Xiaomi 15 series and more

Sourabh Jain

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