"I would like to dispel this impression that Iran has threatened to stop supplying oil to India. Please do not create that scare in the country," finance minister Pranab Mukherjee said asserting that the problem of settling the import bill with the Persian Gulf nation has been sorted out
New Delhi: Asserting that Iran never threatened to stop crude oil supply to India, the government today said the problem of settling the import bill with the Persian Gulf nation has been sorted out, reports PTI.
"We had some problem with regard to making payment for the oil bill to Iran, but problem has been sorted out. Regular payment is taking place now," finance minister Pranab Mukherjee said in the Lok Sabha (lower house of Parliament).
He, however, added that there were some outstandings, "which in course of time we would like to clear by making the payment."
India imports about 20% of its crude oil requirements from Iran.
On 23 December 2010 the RBI (Reserve Bank of India) said that all trade-related payments to Iran had to be made outside the Asian Clearing Union (ACU), a regional clearing house through which most India-Iran trade was being conducted.
The order threw out a mechanism to pay for Iranian oil.
Mr Mukherjee, however, said Iran never threatened to stop oil supplies to India.
"I would like to dispel this impression that Iran has threatened to stop supplying oil to India. Please do not create that scare in the country.
"It may be a report of some newspaper, but officially Iran has never told us that it is going to stop the supply," the minister said in reply to a supplementary during the Question Hour.
India imports 12 million barrels of crude oil every month from Iran.
Mahindra Satyam chief people officer Hari T warned that any employee found to have got into the company through fraudulent means will be slapped with a cheating case
Hyderabad: IT services company Mahindra Satyam has begun a countrywide crackdown against employees that joined the organisation using fake certificates and fraudulent means after it found some people had circumvented the company's background verification process, reports PTI quoting a senior company official.
According to Mahindra Satyam chief people officer Hari T, the background verification of some of the 21,000 employees currently working in India will be completed by September-end and he warned that any employee found to have got into the company through fraudulent means will be slapped with a cheating case.
Fraud incidents have so far been exposed at the company's Hyderabad, Chennai and Bangalore offices, Mr Hari said.
He said the fraudsters even managed to hoodwink the verification process and tried to join the company.
"We are now doing multiple checks of the employees whom we suspect. We have instructed our background verification agencies to personally visit the office where the candidate claimed to have worked earlier. Some fraudulent and organised agencies even run call centres, which when called for verification vouch for the candidate," Mr Hari told PTI.
He said the company is very serious about such practices and they have already filed cases against seven such people and are in the process of filing cases against three dozen others.
He said the issue became noticeable when the experience certificates of certain organisations were found suspect. The incident prompted Mahindra Satyam to check all the employees that claimed to have worked in those organisations.
"There are other incidents we found where people were lured for money and given fake appointment letters of Mahindra Satyam. When they come here with the appointment letters, we found that they were fake," Mr Hari said, explaining another type of fraud the company is facing.
He said the menace not only spoils the industry, but may also create unpleasant concerns among foreign partners over security issues.
According to him, the company has engaged three agencies for the employee background verification process.
Apples’ gizmos are becoming easy prey for fraudsters. Numerous scams—including cloning of stores—involving the glitzy smart-phone are surfacing the world over
Apple's MacBooks are known for their efficiency in data retrieval in case of a virus attack. But the company is now facing threats of a human kind. Its other popular product—iPads and especially iPhones—are being targeted by scamsters and fraudulent schemes.
Be very careful if you are buying an Apple iPhone. If you don't take care, you might end up with a stolen product. Reports are surfacing of stolen iPhones been sold by scamsters, because of the high resale value of the smart-phone.
Worldwide, scams are brewing around the Apple product. A series of such incidents suggests that iPhones are on the radar of scamsters and organised theft gangs. Experts say that such incidents could also take place where the popularity and sales of iPhones are growing. Mobile-hungry India, is surely one such country.
The US-based website consumeraffairs.com reports that Apple iPhones are becoming "the principal players in a number of scams and organized theft rings around the country." In the US and many other countries, handsets are sold by mobile service operators at subsidized rates as a bundled product. These handsets are delivered in a 'locked' state—which means you cannot use a SIM card of another operator to use this device—unless you get it illegally unlocked ('jailbreak') it.
According to the US consumer affairs website, Patrick, a San Francisco resident, was conned by a stranger who approached him and asked if he wished to make $100. Of course, Patrick agreed. Soon, he was hustled off to the closest Apple store by the same stranger, who picked up five iPhones on Patrick's name, and paid for them. Patrick's driving license and Social Security Number was used for the purchase. As promised, Patrick got his $100. The stranger took off with the phones.
But later, Patrick was slapped with a bill of $450 from AT&T, the largest provider of fixed telephony, broadband and subscription television services in the US. Patrick told consumeraffairs.com, "I thought I was just helping them to purchase the phones. I mistakenly assumed that I would not have to pay for services, because the phone was not in my possession."
A few days later, a similar incident occurred while Patrick was around another Apple store. This time he promptly informed the store manager. To his surprise, the manager said that the practice is legal because the victim of such a scam was willingly supplying his information.
In another incident, the Federal Bureau of Investigation (FBI) arrested three people working at a local mobile shop in Virginia, for purchasing and selling stolen iPhones, while investigating a large scale theft of Apple products. Two of them were indicted with brokering 27 stolen iPhones and Macbooks by the federal grand jury, while the third was indicted for allegedly paying $16,000 to buy 28 stolen iPhones and 14 MacBooks.
UK newspaper The Guardian reported last August that nine people were arrested for purchasing mobiles phones using false identities across the UK. Police busted the criminal network that was suspected of running a complex global scam and making millions from mobile networks. Many of these phones were iPhones. The gang predominantly targeted iPhones for their high resale value.
There are also reports of fake iPhones being posted on e-commerce websites such as Ebay.com and Craiglist.com. In fact, E-bay posted a warning, cautioning people from buying or selling fake mobile handsets.
A popular website, http://www.scambusters.org/iphonescams.html, has listed various scams involving iPhones and the modus operandi. One such scam is the 'iPhone standing-in-line' scam, where you can find many offers from people willing to spend the day standing in line for you—for a fee. "The assumption is that most Apple and AT&T stores will run out of iPhones, so those at the beginning of the line (who waited overnight or all day long on Friday) will be the ones to get the coveted iPhones," says the website.
Added to these scams, there are a number of fake iPhone websites and phishing scams and free iPhone offer scams. And of course, there are a number of iPhone viruses floating around, like Trojans and spyware, which can play havoc with your smart-phone.
Again, iPhone auctions have been held—but winners found that they have either been denied the purchase—or have not received the product despite paying.
Of course, the smart move to own Apple's gizmo is to be aware of such scams, and buying the product only from a legitimate Apple store, or from a renown franchisee.