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Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1% stake in the enlarged Air India. Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49% shareholding. Vistara's last flight will take off tomorrow i.e. November 11, 2024. Singapore Airlines (SIA) Group on Friday said its consideration for the merger comprises the 49% interest in Vistara and Rs 20,585 million (Rs 2,058.5 crore) in cash in exchange for a 25.1% equity interest in the enlarged Air India. Post-merger, SIA expects to recognize a non-cash accounting gain of around 1.1 billion Singapore dollars and also start equity accounting for its share of Air India's financial results. According to a release on Friday, the merger includes an agreement for SIA to contribute its share of any funding previously provided by Tata prior to the completion of the merger, together with relevant funding costs up to Rs 5,020 crore that would allow it to maintain a 25.1% stake in Air India. "SIA's additional capital injection is expected to be Rs 31,945 million (equivalent to SGD 498 million), based on Tata's funding to Air India to date. This will occur after the completion of the merger and within November 2024 through subscription to new Air India shares. "Future capital injections will be considered based on Air India's requirements and available funding options," according to the release issued while announcing the airline's financial performance for the six months ended September 2024. The merger of Vistara with Air India will mark a major consolidation in the fast-growing Indian aviation space. SIA said the merged entity will have a significant presence across all key Indian air travel segments, including domestic, international, full-service, and low-cost operations. "This will strengthen SIA's multi-hub strategy, allowing it to continue participating directly in India's large and fast-growing aviation market," it added. Recently, Air India and SIA agreed to significantly expand their codeshare agreement, adding 11 Indian cities and another 40 international destinations to their network.

Singapore Airlines to invest additional Rs 3,195 cr in Air India post-Vistara merger

<ul><li>The government has warned about a new way <keyword id="19962622" type="General" weightage="20" keywordseo="scammers" source="keywords">scammers</keyword> are trying to obtain <keyword id="20189059" type="General" weightage="20" keywordseo="personal-information" source="keywords">personal information</keyword>.</li><li>Users have reportedly received an SMS asking them to update their PAN to unblock their <keyword id="20417750" type="General" weightage="20" keywordseo="bank-account" source="keywords">bank account</keyword>.</li><li>Here's everything you need to know about the <keyword id="22918614" type="General" weightage="100" keywordseo="fake-PAN-SMS" source="keywords">fake PAN SMS</keyword> and how to stay safe.</li></ul>Increased usage of the internet has also resulted in an increase in <keyword id="20025584" type="General" weightage="20" keywordseo="online-fraud" source="keywords">online fraud</keyword>. Scammers are finding new ways to fool people and steal from them. A new method has now been revealed, which preys on users with an account in <keyword id="19985316" type="General" weightage="20" keywordseo="India-Post-Payments-Bank" source="keywords" meta.keywordsubtype="org" meta.entityname="India Post Payments Bank" meta.hostid="261" meta.entityid="India Post Payments Bank">India Post Payments Bank</keyword>. According to a post by PIB Fact Check, several users have received an SMS which claims to be from India Post Payments Bank. However, the message is fake and is an attempt to steal user data. “This claim is #Fake. @IndiaPostOffice never sends any such messages. Never share your personal &amp; bank details with anyone,” PIB Fact Check said in its post on X. <div type="twitter" handle="PIBFactCheck" handlename="PIBFactCheck" favoritecount="0" retweetcount="0" id="1825494609881170290"></div> <h2>What is the fake PAN SMS?</h2> In the SMS, the user is warned that their India Post Payments Bank account has been blocked. It then asks the users to update their PAN to get their account unblocked. The user is then given a link, asking them to click on the link to update their PAN. <div type="Article" hostid="261" msid="111512587" title="Jio vs Airtel vs Vi recharge plans comparison – plan benefits and price comparison after tariff hike" mstype="2" mssubtype="0"></div> The link then redirects the user to a <keyword id="20182216" type="General" weightage="20" keywordseo="phishing" source="keywords">phishing</keyword> page, aimed at stealing user data such as their bank account login details to gain access to their account. Once you enter your bank account login details, they will be sent to the scammer. <h2>What is phishing?</h2>Phishing is a cyber-attack where attackers impersonate legitimate organisations or individuals to trick people into revealing sensitive information like passwords or credit card details. This is usually done through deceptive emails, messages, or fake websites. <h2>How to stay safe from phishing attacks?</h2>Here are some ways you can identify phishing attacks and stay safe: <ul><li>Verify the sender: Check the sender’s email address or phone number carefully. Phishers often use addresses that look similar to legitimate ones but have small differences.</li><li>Look for red flags: Be wary of unexpected messages, especially those requesting sensitive information or containing urgent or threatening language.</li><li>Verify before opening: Only open attachments from trusted sources. Phishing emails often contain malware disguised as legitimate files.</li><li>Add two-factor authentication: Enable two-factor authentication on your accounts. This adds an additional layer of security even if your password is compromised.</li><li>Contact directly: If you receive a request for sensitive information, verify the request by contacting the organisation directly through known and trusted channels.</li><li>Report phishing attempts: Report phishing emails to your email provider or the relevant authorities. This helps in tracking and stopping phishing schemes.</li></ul>SEE ALSO: <a href="https://www.businessinsider.in/tech/how-to/how-to-add-music-to-instagram-profile/articleshow/112732934.cms">You can now add music to your Instagram profile – here's how</a> <a href="https://www.businessinsider.in/business/auto/webstories/2024-tvs-jupiter-vs-honda-activa-6g-which-110cc-scooter-should-you-buy/slidelist/112730069.cms">2024 TVS Jupiter vs Honda Activa 6G – which 110cc scooter should you buy?</a> <a href="https://www.businessinsider.in/tech/mobile/webstories/iqoo-z9s-pro-vs-moto-edge-50-fusion-which-is-the-best-smartphone-under-25000/slidelist/112703633.cms">iQOO Z9s Pro vs Moto Edge 50 Fusion – which is the best smartphone under ₹25,000?</a>

Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe

Mumbai, <keyword id="3526030" type="General" weightage="20" keywordseo="fino-payments-bank" source="Orion">Fino Payments Bank</keyword> is keen to become a <keyword id="6382595" type="General" weightage="20" keywordseo="small-finance-bank" source="Orion">small finance bank</keyword> after having completed five years of operations, Managing Director <keyword id="1336488" type="General" weightage="50" keywordseo="rishi-gupta" source="Orion">Rishi Gupta</keyword> said. The Navi Mumbai-based company is a subsidiary of Fino Paytech, which is backed by marquee investors such as Bharat Petroleum, ICICI Group, Blackstone, IFC, Intel and LIC, among others. The company started operations in July 2017 with 410 branches to become the fourth payments bank after <keyword id="6385180" type="General" weightage="20" keywordseo="airtel-payments-bank" source="Orion">Airtel Payments Bank</keyword>, <keyword id="3388668" type="General" weightage="20" keywordseo="india-post-payments-bank" source="Orion">India Post Payments Bank</keyword> and <keyword id="3236791" type="General" weightage="20" keywordseo="paytm-payments-bank" source="Orion">Paytm Payments Bank</keyword>. Fino, which was a remittance service provider, has converted most of its Fino Money Mart outlets into bank branches after getting licence from the Reserve Bank. Also, Fino is the only lender in this space being traded on the exchanges. "From regulatory and compliance perspectives we are eligible for an upgrade to a small finance bank, having completed the mandatory five years of operations. Our board also favours such a conversion and soon we'll be moving an application with the RBI in this regard," Gupta told PTI. On why to stop at small finance bank, and not a full service bank, Gupta said, the company is too small to directly convert to a full service commercial bank from capital and capabilities perspectives. He said, till the upgrade happens, the bank will grow the business with a focus on tie-ups with fintechs under the Fino 2.0 initiative on building digital assets and strengthen the digital offerings. Already, it has tied up with the Sequoia Capital-backed Hubble to offer a spending account, offering customers better value on their lifestyle spends. People can park their funds, spend and save up to 10 per cent on all purchases made from the account. "We're looking at more such tie-ups in the fintech space," Gupta said, adding the company is also tying up with NBFCs from retail lending as payments partner and such loan remains on the book of the NBFC. "We've already tied up with two such shadow banks-Kredbee and Myshublaon," he said. In Q4FY23, its revenue rose 13 per cent to Rs 323 crore and net income jumped 25 per cent to Rs 22 crore with net margin rising to 6.8 per cent from 6.2 per cent. Its deposits grew 66 per cent to Rs 1,200 crore in FY23 from Rs 724 crore in FY22 of which 20 per cent are the low-cost Casa deposits. Gupta said the bank has been adding 2.5 lakh customers monthly on an average in FY24, taking the overall customer base to 71 lakh now. Another new service they began is offering recurring deposits, he said, adding the bank is also working on launching a virtual debit card. Also, under the pipeline is gold loans, mutual funds and medical insurance, Gupta said.

Fino Payments Bank has its eyes set on becoming a small finance bank

German luxury car maker Mercedes-Benz on Tuesday reported record sales in <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword> at 4,697 units during the first quarter of 2023, a 17 per cent growth over the year-ago period, with its top-end vehicles priced above Rs 1 crore seeing accelerated growth. <keyword id="184004" type="General" weightage="100" keywordseo="mercedes-benz-india" source="Orion">Mercedes-Benz India</keyword>, which had sold 4,022 units in the same quarter last year, launched its hybrid <keyword id="2512079" type="General" weightage="80" keywordseo="amg-gt" source="Orion">AMG GT</keyword> 63 S E Performance model with a price starting at Rs 3.3 crore (ex-showroom Delhi) as part of its strategy to accelerate sales of top-end vehicles (TEVs). For the fiscal ended March 31, 2022, the company posted its highest-ever sales at 16,497 units as against 12,071 units in 2021-22, a growth of 37 per cent. "Overall, our growth story continues with a record quarter and a record fiscal year...Double-digit growth continues for us in 2023," Mercedes-Benz India Managing Director &amp; CEO Santosh <keyword id="25076" type="General" weightage="80" keywordseo="iyer" source="Orion">Iyer</keyword> told PTI. He said, "When I look at the composition, the top-end vehicles (TEVs) actually showed more than 100 per cent growth in quarter one at 107 per cent...So the juggernaut with the top-end vehicles continues also in quarter one." Mercedes-Benz India's TEVs include S-Class Maybach, <keyword id="13607641" type="General" weightage="50" keywordseo="gls-maybach" source="Orion">GLS Maybach</keyword>, top-end AMGs, S-Class and GLS SUV, which are priced over Rs 1 crore (ex-showroom). The company, which posted record sales in 2022 at 15,822 units, had sold over 3,500 units of TEVs, growing at 69 per cent. "We as a brand are highly focused in India and worldwide to grow the TEV segment. The India strategy only further resonates," Iyer said, adding that the growth of the company's TEV sales is also a "clear reflection of the changing luxury car market in India". Earlier, he said the composition of the luxury market used to be dominated by entry-level luxury cars, but has "changed, at least for us". Also for electric vehicles, he said, "It reflects the changing profile of customers. They now prefer to combine sustainability and luxury at the top-end level. This clearly shows the changing profile of Indian consumers also." In keeping with its strategy to accelerate the TEV sales growth, the company on Tuesday launched its hybrid AMG GT 63 S E Performance model, which is the most powerful production car by Mercedes-AMG. It uses technology already tested in Formula 1 racing. It is powered by a combination of a 4.0-litre V8 biturbo engine and an electric motor generating 843 hp, capable of accelerating from 0-100 kmph in 2.9 seconds. Iyer said all Mercedes-AMG GT 63 S E Performance customers will get the key handover from multiple Formula 1 racing world champion Lewis Hamilton. On the current demand situation, Iyer said at present Mercedes-Benz India has an order bank exceeding over 4,000 cars. "The order bank situation continues to be strong. Our focus is on delivering them and that's the reason for our best-ever quarter and also best-ever fiscal. It's not only about taking bookings and waiting, but we are also able to sell a significantly high number of cars," he added. Asked about the new product launch plan, having pushed some of the launches scheduled for the first quarter of 2023 to the second and third, he said, "Right now, we are launching one car. This quarter, our idea is to launch an additional one or two cars if possible. Our launch continues. We remain committed to the 10 launches for this year." In order to avoid a long waiting period, the company is ramping up the availability of parts and components to start producing more cars by working with its supply chain to optimise parts availability as much as possible. Already, Mercedes-Benz India said it has reduced the waiting period for its models. The current waiting periods for A-Class, C-Class, and E-Class models are zero to three months, while those of GLE, GLS and S-Class are two to six months. For the company's electric vehicles, the waiting period at present is two to six months while those of G-Wagon and GLS Maybach are between 8-16 months, it added. On the growth outlook for the fiscal, Iyer said the company is confident of posting a double-digit growth. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/shah-rukh-khan-messi-kohli-how-they-influenced-indias-online-payment-trends/articleshow/99404347.cms">Shah Rukh Khan, Messi, Kohli &amp; how they influenced India’s online payment trends</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/mercedes-amg-gt-63-s-e-performance-the-hybrid-sports-car-that-goes-0-to-100-in-2-9-seconds/slidelist/99404332.cms">Mercedes-AMG GT 63 S E Performance: A hybrid sports car that goes 0 to 100 in 2.9 seconds</a>

Mercedes-Benz India posts record sales at 4,697 units in March quarter

<keyword id="399907" type="General" weightage="100" keywordseo="meta" source="Orion">Meta</keyword> (formerly <keyword id="6354576" type="General" weightage="20" keywordseo="facebook" source="Orion">Facebook</keyword>) took down 21.2 million pieces of content across 13 policies for Facebook and over 2.4 million pieces of content across 12 policies for <keyword id="819905" type="General" weightage="80" keywordseo="instagram" source="Orion">Instagram</keyword> in the month of February in accordance with the IT Rules 2021. Between February 1-28, Meta received 478 reports through the Indian grievance mechanism, and responded to 100 per cent of these reports. Of these reports, the social network provided tools for users to resolve their issues in 402 cases. These include pre-established channels to report content for specific violations, self-remediation flows where they can download their data, avenues to address account hacked issues etc. "The report describes our efforts to remove harmful content from Facebook and Instagram and demonstrate our continued commitment to making Facebook and Instagram safe and inclusive," said the company. "We use a combination of Artificial Intelligence, reports from our community and review by our teams to identify and review content against our policies," it added. Meta actioned a huge 15.4 million spam content, 2.4 million violent and graphic content and 1.4 million content related to adult nudity and sexual activity, among others. "We measure the number of pieces of content (such as posts, photos, videos or comments) and take action for going against our standards," it said. In January, Meta took down over 11.6 million pieces of content across 13 policies for Facebook and over 3.2 million pieces of content across 12 policies for Instagram. WhatsApp banned 1,426,000 bad accounts in India in the month of February in compliance with the new IT Rules, 2021. The company received 335 grievance reports in the same month from the country and took action on 21 of those. Under the new IT Rules 2021, big digital and social media platforms -- with more than 5 million users -- have to publish monthly compliance reports. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/meta-is-no-longer-requiring-covid-19-booster-shots-for-employees-returning-to-its-us-offices/articleshow/90628716.cms">Meta is no longer requiring COVID-19 booster shots for employees returning to its US offices</a>

Meta removes over 23.6 million posts on Facebook and Instagram in India in February

<ul><li><keyword id="48812" type="General" weightage="20" keywordseo="india-post" source="Orion">India Post</keyword> is inviting applications from eligible sports persons from the open market under ‘sports quota’ for filling upto 257 vacancies at Maharashtra Postal Circle.</li><li>The last date to apply for the opportunity is November 27, 2021.</li><li>Selection of the candidates will be made on educational and sports qualifications.</li></ul>The <keyword id="53988" type="General" weightage="20" keywordseo="department-of-posts" source="Orion">Department of Posts</keyword>, India, is inviting applications for the direct recruitment of meritorious sports persons from the open market under ‘sports quota’ for filling upto 257 vacancies at Maharashtra Postal Circle. Interested candidates can apply on the official website of <a href="https://dopsportsrecruitment.in/">India Post</a>. The last date to apply for the opportunity is November 27, 2021. These are the roles available — <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Role </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of vacancies </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Postal Assistant </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">93 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sorting Assistant </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">9 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Postman </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">113 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Multi-Tasking Staff </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">42 </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table> Sports qualifications required — <ol><li>Sportsmen who have represented a state or the country in the national or international competition in any of the games/sports listed <a href="https://www.indiapost.gov.in/VAS/Pages/Recruitment/IP_29102021_MH_Eng.pdf">here</a>.</li><li>Sportsmen who have represented their university in the inter-university tournaments conducted by the inter-university sports board in any of the listed games/sports.</li><li>Sportsmen who have represented the state schools teams in the national sports/games for schools conducted by the All India School Games Federations.</li><li>Sportsmen who have been awarded national awards in physical efficiency under the National Physical Efficiency Drive. </li></ol>Educational qualifications required — <ol><li>The candidate must have passed 10th standard from a recognised board of school education or board of secondary education.</li><li>The candidates of higher qualifications will also be considered but they have to fulfill the above conditions. There will be no preference for higher educational qualifications.</li><li>The candidate should have knowledge of working on a computer.</li><li>Candidates should know the local language of Maharashtra i.e., Marathi or of Goa i.e., Konkani.</li></ol>Method of selection — <ol><li>Selection of the candidates will be made on educational and sports qualification subject to fulfillment of prescribed conditions.</li><li>However, candidates will be preferred in this order —</li></ol>a. Candidates who have represented the country in an international competition with the clearance of the Department of Youth Affairs and Sports. b.Candidates who have represented a state/union territory in the senior or junior level national championship organised by the National Sports Federation recognised by Department of Youth Affairs and Sports or National Games organised by Indian Olympics Association and have won medals or position upto 3rd place. c. Candidates who have represented a university in an inter university competition conducted by association of Indian universities/inter-university sports board and have won medals or position upto 3rd place in finals. d. Candidates who have represented the state schools in the national sports/ games for schools conducted by the All India School/Games Federation and have won medals or position up to 3rd place. e. Candidates who have been awarded National Award in physical efficiency under National Physical Efficiency Drive. f. Candidates who have represented a state/union territory/university/state school team but could not win a medal or position. Candidates will also have to pay a non-refundable online fee of ₹200 before submitting the application form. Interested candidates can seek more information <a href="https://www.indiapost.gov.in/VAS/Pages/Recruitment/IP_29102021_MH_Eng.pdf">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/samsung-to-hire-over-1000-engineers-in-india-this-year-from-top-engineering-colleges-like-iits-and-bits-pilani/articleshow/87890787.cms">Samsung to hire over 1000 engineers in India this year from top engineering colleges like IITs and BITS, Pilani</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/ey-is-offering-scholarships-to-indian-college-students-worth-1-lakh-with-two-months-internship-opportunity/articleshow/87887106.cms">EY is offering scholarships to Indian college students worth ₹1 lakh with two months’ internship opportunity</a>

India Post recruitment: Checkout vacancies, eligibility and other details

The government on Thursday said it has blocked more than 60 social media accounts, including <keyword id="10879" type="General" weightage="20" keywordseo="youtube" source="Orion">YouTube</keyword> channels and <a href="https://www.businessinsider.in/tech/enterprise/news/meta-chime-file-joint-complaint-against-phishing-attacks-on-facebook-and-instagram/articleshow/89445529.cms" data-type="tilCustomLink">Facebook and Instagram</a> pages, in the last two months for spreading anti-India fake news. Replying to supplementary questions in the Upper House, Minister for State for Information and Broadcasting L Murugan said the government is very much concerned about the freedom of speech and freedom of expression. Asked about action taken against those spreading fake news, and publishers of anti-national material, he said more than 60 accounts have been blocked including those on YouTube, Twitter, <keyword id="6354576" type="General" weightage="20" keywordseo="facebook" source="Orion">Facebook</keyword> and <keyword id="819905" type="General" weightage="20" keywordseo="instagram" source="Orion">Instagram</keyword>. "These YouTube channels are sponsored from Pakistan," he said. On fake news through newspapers, the minister said the Press Council of India is an autonomous statutory body and takes care of the journalists ethics code. "Journalists have to follow ethics code. Wherever they have not followed the ethics code under the Press Council Act Section 14, action has to be initiated. In more than 150 cases, we took action against them," he said. Asked about Techfog app roles in spreading fake news, Murugan said the government has established a fact check unit, which has responded to more than 30,000 queries. This unit is also verifying viral fake news, he added. According to an official statement, the ministry on January 21 had ordered blocking of 35 YouTube based news channels and two websites which were involved in spreading anti-India fake news in a coordinated manner over digital media. Additionally, two Twitter accounts, two Instagram accounts, and one Facebook account were blocked. In December also, 20 YouTube channels and two websites were blocked, the official statement had said. In a written reply to the starred question, Information and Broadcasting Minister Anurag Singh Thakur said the government has statutory and institutional mechanisms in place to combat fake news. A "Fact Check Unit" has been setup under the Press Information Bureau of this Ministry in November, 2019 which takes cognisance of fake news both suo motu and by way of queries sent by citizens on its portal or through e-mail and WhatsApp. "The unit responds to relevant queries with correct information when the same pertains to Central Government or forwards them to States/UTs in other cases. The Unit also maintains a Twitter account @PIBFactcheck and posts cases of fake news, being busted, on the same on regular basis. PIB Fact Check Unit has so far responded to 30,533 actionable queries," he said. For print media, the Press Council of India (PCI), a statutory autonomous body set up under the Press Council Act, 1978, has framed "Norms of Journalistic Conduct" for adherence by the media. These norms emphasise the principles of accuracy and fairness as well as pre-publication verification. The PCI has formulated specific norms to refrain print media from publication/ dissemination of fake or false news. For electronic media (Television), all TV channels are required to adhere to the Programme Code under the Cable Television Networks (Regulation) Act, 1995. As per the code, programmes should not contain anything obscene defamatory, deliberate, false and suggestive innuendos and half-truths. For digital news, the government has notified the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 on February 25 2021, under the Information Technology Act, 2000 which inter alia provides for a Code of Ethics for adherence by digital news publishers. "Appropriate action is taken in cases where violation of norms, codes etc., are found. The government also issues advisory from time to time to the media to adhere to the laid down codes," Thakur said.

Government blocks over 60 social media accounts for allegedly spreading anti-India fake news

<ul><li>India Post has recorded transactions between Thursday and Saturday with post office saving bank accounts leading the business. </li><li>According to data shared in the statement, people deposited a total amount of over ₹1,615 crore and withdrew over Rs 896 crore during the three-day period. </li><li>There are over 1.5 lakh post <keyword id="47357" type="PERSON" weightage="20" keywordseo="offices">offices</keyword> across the country, of which around 1.3 lakh branches are in rural India. </li></ul>India Post has recorded transactions worth Rs 2,680 crore between Thursday and Saturday with post office saving bank accounts leading the business, according to an official statement issued on Tuesday. The government has kept open services of post offices as part of essential <keyword id="6506252" type="UNKNOWN" weightage="20" keywordseo="items">items</keyword> during the 21-day lockdown period. According to data shared in the statement, people deposited a total amount of over Rs 1,615 crore and withdrew over Rs 896 crore during the three-day period. During the three days, <keyword id="452631" type="COMPANY" weightage="20" keywordseo="India-Post-Network">India Post Network</keyword> claimed to have delivered 1,50,779 speed post, registered letters, parcels delivered and money orders in total, according to the official data. India Post recorded transactions worth Rs 819.72 crore on Thursday, Rs 906.22 crore Friday and Rs 954.22 crore on Saturday. Union Minister <keyword id="6354886" type="PERSON" weightage="20" keywordseo="Ravi-Shankar-Prasad">Ravi Shankar Prasad</keyword> on Monday asked the Department of Posts to leverage its pan-India network for delivery of essential items such as medicines, masks and personal protection equipment (PPE) during the ongoing coronavirus crisis. There are over 1.5 lakh post offices across the country, of which around 1.3 lakh branches are in rural India.

India Post records transactions worth ₹2,680 crore in three days

<keyword id="48812" type="COMPANY" weightage="20" keywordseo="India-Post">India Post</keyword> is recruiting for the post of Gramin Dak Sevak (GDS). There are as many as 10,066 vacancies in the states of Assam(919), Bihar(1063), Gujarat(2510), Karnataka(2637), Kerala(2086) and Punjab(851). According to the official job posting, the candidates who have passed the class 10th and have studied the local language can apply for the post online on the official website <a href="https://indiapostgdsonline.in/phase3/reference.aspx">indiapostgdsonline.in</a>. The registration will close on 4 September 2019. The Gramin Dak Sevak is responsible for selling stamps and stationery, conveyance and delivery of mail and other tasks assigned by Postmaster/ Sub Postmaster. Eligibility: The General category candidates within 40 years of age can apply for the post. For OBC, SCs/STs, the upper age limit is 43 and 45 years, respectively. The applicants are also required to have a basic computer training certificate with a minimum duration of two months or an equivalent Central Government/ State Government/ University/ Boards certificate. However, the applicants who have studied computers as a subject in class 10th,12th or at college level can submit their respective university certificates. How to apply: <ul><li>Visit the official website <a href="https://indiapostgdsonline.in/phase3/reference.aspx">indiapostgdsonline.in</a> </li><li>On the next screen, enter the verification details including registration number and submit. </li><li>Fill in the application form and upload your documents. </li><li>You can download the application form for future reference.</li></ul>

GDS Recruitment 2019: India post is hiring to fill over 10,000 vacancies, apply @indiapost.gov.in

<ul><li><keyword id="6357585" type="COMPANY" weightage="20" keywordseo="tata-consultancy-services">Tata Consultancy Services</keyword> (<keyword id="6357150" type="ORGANIZATION" weightage="20" keywordseo="tcs">TCS</keyword>), the same company that upgraded India’s passport offices, is now working on tech solutions for 150,000 post offices in India.</li><li>The <keyword id="193837" type="ORGANIZATION" weightage="20" keywordseo="Indian-postal-service">Indian postal service</keyword>, or <keyword id="48812" type="COMPANY" weightage="20" keywordseo="India-Post">India Post</keyword>, is currently the biggest loss making public service undertaking (PSU) of the Indian government. </li><li>The multi-year contract between TCS and the Department of Posts (DoP) is aimed at finding new revenue sources — one of those being e-commerce.</li></ul>The Indian government’s struggling postal service, India Post, and currently its biggest loss making public service enterprise, is getting an <a href="https://entrackr.com/2019/04/tcs-tech-solution-india-post/">upgrade</a> — again. In an effort to make its 150,000 post offices across the country more efficient, Tata Consultancy Services (TCS), has been roped in for a major tech upgrade. TCS is the same company that, along with the Ministry of External Affairs, <a href="https://portal2.passportindia.gov.in/AppOnlineProject/pdf/Case_Study-TCS_Indian_Passport_Office_Jan_2014_Ovum.pdf">revamped</a> India’s passport services through the Passport Seva Kendra (PSK) initiative and ‘Student Connect’. 
 
 
 
 <div type="ExtQuote" text="In Uttar Pradesh, we are better placed now because of data analytics. As the demand grew, we geared ourselves adequately. We diverted people, created more counters and camps and allocated more resources to the state. All this has been possible because of timely analysis of data." auname="Muktesh K Pardeshi, Joint Secretary and Chief Passport Officer, Ministry of External Affairs (MEA)"></div>









 The postal service’s new system is capable of processing over three million postal transactions per day while providing services to over 40,000 concurrent users with the help of 500,000 employees to help with the ₹1.5 trillion ($22 billion) loss <a href="https://www.businesstoday.in/sectors/psu/india-post-losses-touch-rs-15000-crore-in-fy19-replaces-air-india-bsnl-as-biggest-loss-making-psu/story/337470.html">reported</a> by the Department of Posts (DoP) in FY19. Currently, its main sources of revenue are its popular saving scheme, its payments bank and particularly, its e-commerce portal. However, its traditional services have suffered for the past many years. In the age of technology, postal services seem to have <a href="https://www.businessinsider.in/The-Postal-Service-Is-Alarmingly-Close-To-Running-Out-Of-Cash/articleshow/22770438.cms">lost</a> their importance as traditional mail is replaced by text messages and emails. Even the courier service industry has multiple players driving down prices and exclusivity. While India Post has historically relied on its financial services offerings as a big source of revenue, it made a foray in the fin-tech space in 2018, a move that is expected to help it turn <a href="https://economictimes.indiatimes.com/industry/banking/finance/banking/government-expects-india-post-payments-bank-to-be-profitable-after-2-years-communications-minister-manoj-sinha/articleshow/65616188.cms?from=mdr">profitable</a>. India Post’s connectivity in rural areas extends to 130,000 access points, which is two and a half times the number of rural bank branches. But, even there, business has been slow due to the lack of warehousing facilities. According to the company, aside from mail operations, the upgrade should also help with finance and accounting, human resource functions and improving connectivity between the post offices. It’s <a href="http://www.newindianexpress.com/business/2019/apr/18/e-com-bet-yet-to-pay-off-for-india-post-1965684.html">estimated</a> that the losses for India Post will only continue to increase are salaries grow but revenues aren’t able to catch up. Hopefully, the ₹11 billion ($160 million) contract that has been in place between TCS and the DoP since 2013, will help India’s postal service find a way out. See also: <a href="https://www.businessinsider.in/after-a-payments-bank-the-indian-postal-service-now-plans-to-launch-an-insurance-firm/articleshow/65749909.cms">After a payments bank, the Indian postal service now plans to launch an insurance firm</a> <a href="https://www.businessinsider.in/e-commerce-shipping-a-great-business-opportunity-for-india-post/articleshow/47720544.cms">E-commerce shipping a great business opportunity for India Post</a> <a href="https://www.businessinsider.in/india-post-makeover/articleshow/52619956.cms">With colourful uniforms and caps, India Post staff is set for a smart makeover</a>

The company that transformed India's passport offices is also working on post offices

New Delhi, Jun 2 () Honda Motorcycle and Scooter India (HMSI) on Tuesday reported total wholesales of 54,820 units for May. This includes 54,000 domestic dispatches and 820 two-wheeler exports, the company said in a statement. In terms of retail sales, the company said that in May, it crossed the 1.15-lakh units mark. HMSI Director (Sales and Marketing) Yadvinder Singh Guleria said, "May 2020 saw the wheels of business start turning slowly after the zero dispatch in the month of April 2020. By now, a sizable 70 per cent of Honda dealerships have resumed their operations." He further said that in the new coronavirus era, Honda dealerships are increasingly promoting digital contactless customer engagement. "An early encouraging sign based on our survey is that about 80 per cent of the intenders are looking forward to purchase their favourite Honda two-wheelers within three months of the lockdown opening," Guleria said. Moreover, there is an increased propensity of the buyers preferring a two-wheeler over public transport for daily commuting, in this time of social distancing, he added. "Our network has swiftly realigned their operations to welcome them and meet new expectations of the customers," Guleria said. HMSI said that in May, its entire ecosystem including dealers and suppliers re-booted their operations. Over 70 per cent of Honda dealers have by now resumed sales and service operations. At the same time, 100 per cent of Honda's 308 supplier plants got approvals to restart operations, while HMSI also re-commenced production at its Narsapura plant (Karnataka) from May 25, with other three plants at Manesar (Haryana), Tapukara (Rajasthan) and Vithalapur (Gujarat) following from the first week of June in a staggered manner. RKL HRS

Honda Motorcycle and Scooter India posts wholesales of 54,820 units for May

New Delhi, Feb 27 () India Post Payments Bank (IPPB) has garnered over two crore customers in less than two years of being operational. According to a statement, IPPB had reached the landmark of one crore customers in August last year - its first year of operations. "The next 1 crore customers have been acquired and on-boarded in just five months. On an average, IPPB has been opening or maintaining a run rate of 33 lakh accounts per quarter," a statement said. The success of IPPB's business model underlines the government's intent in creating an interoperable banking infrastructure for the public good contributing toward changing the financial inclusion landscape in India, Communications Minister Ravi Shankar Prasad was quoted as saying in the statement. "Since its launch, IPPB has enabled more than 1.36 lakh post offices and 1.9 lakh dakiyas (postmen) to provide a complete suite of banking services at the doorstep of the customer providing access to any Aadhaar linked bank account, leading to an increase in rural banking infrastructure by almost 2.5 times," he added. With the launch of Aadhaar Enabled Payment System (AePS) Services in September 2019, IPPB has now become the single largest platform in the country for providing interoperable banking services to the customers of any bank, the statement said. With AePS services, any person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with. To avail these services, a customer with an Aadhaar-linked account can simply authenticate his or her identity with fingerprint scan and Aadhaar authentication to complete a transaction. The statement noted that IPPB has implemented one of the largest-ever digital financial literacy programme by investing over one crore man-hours in training and certifying more than 250,000 postal assistants, postmen and GDS as banking service providers. The bank has also digitised all the post office counters through a simple QR Code to accept electronic payments and also enabled direct payments into various post office saving schemes and purchase of postal products, it added. BEN SR SHWSHW

India Post Payments Bank crosses 2-cr customer mark

New Delhi, May 7 () India Post has entered into a tie-up with the Indian Council of Medical Research (ICMR) for delivery of its COVID-19 testing kits to 200 additional labs designated for coronavirus testing across the country, an official statement said on Thursday. Nodal officers have been identified from both the agencies -- Department of Post and ICMR for each regional depot to ensure smooth operations. "Indian Council of Medical Research has set a target of carrying out around 1 lakh tests across the country per day. For this crucial work, India Post with its vast network of 1,56,000 post offices has once again turned into a COVID warrior," the statement said. Delivery of kits to all parts of India has become a top priority, it said, adding that government is taking all measures to ensure timely delivery of the testing kits. While continuing to reach money to people's doorsteps through Aadhaar enabled Payment System, India Post has entered into a tie-up with ICMR for delivery of its COVID-19 testing kits from its 16 regional depots to the 200 additional labs designated for COVID testing across the country, it said. Once the kits are received at these 16 depots (located in 14 postal circles/states), they have to be distributed to different labs in the same or neighbouring states. The circles have made necessary arrangements with timelines for the priority transportation of the consignments to the concerned laboratories either as per the existing system or new arrangements depending on the requirement and have communicated the same to the ICMR nodal officers. The delivery information is shared with the labs on daily basis through WhatsApp. "A Google spreadsheet has been shared with all nodal officers to update the details of booking and delivery of the testing kits to flag any operational glitches," it added. India Post has delivered consignments in Kolkata, Ranchi, Patna, Jodhpur, Ajmer, Jaipur, Imphal and Aizawl, amongst others. These kits are being delivered packed in dry ice, the statement said. Communications and IT Minister Ravi Shankar Prasad said, "I appreciate this renewed commitment and partnership between ICMR and Department of Post. India Post has been delivering mails, medicines, financial assistance at doorsteps and even distribution of food and ration to needy during lockdown." He added the postman of India Post has risen to the occasion and stood shoulder-to-shoulder with the nation during these challenging times. Prasad also called upon the department to leave no stone unturned in making timely delivery of medicines, testing kits and other medical equipment. The release further noted that the staff of India Post is working round the clock to ensure timely deliveries. "In fact, rising to the call of duty, deliveries are being made even at 11:30 pm. India Post is committed to ensure that the delivery of kits is made as per requirements even in far flung areas like Zoram Medical College, Meghalaya," the statement added. MBI ABMABM

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