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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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SBI users might fall victim to this scam SMS and lose money: Here’s what the government says

The Press Information Bureau, a central organisation of the Indian government, has warned State Bank of India (SBI)users against a new SMS scam that can be used by scammers to steal money from their accounts. As per the tweet by PIB, this SMS claims that their account has been blocked.

Beware! SBI users are getting a scam text message

PIB urges the SBI not to respond to such text messages or calls. They are also advised not to click on any link shared in this text message. The scammers further ask users to click on the given link to submit their “personal” documents to reactivate their account. Once, you tap on the link, you will be directed to a counterfeit SBI website and you will then become a victim of phishing. This allows scammers to steal your money from the account.

This fraud message reads:

“Dear A/c holder SBI BANK documents has expired A/c will be blocked Now Click http://sbikvs.II Update by NetBanking.”

Notably, if you pay attention to such messages, you will easily be able to make out if it is fake or not. The above-mentioned text has a grammatical error that usually is the first to give away that it is a scam.

As per a tweet by SBI Bank posted last month, “we advise all our customers not to respond to emails/ SMS/ calls/embedded links asking them to share their personal or banking details like user ID/ Password/ Debit Card number/ PIN/ CVV/ OTP etc. Bank never ask this information. Customers may report such Phishing/ Smishing/Vishing attempts through email to report.phishing@sbi.co.in or contact on helpline number 1930 for taking action. They may also contact local Law enforcement agency to report these incidents.”

All SBI users should be aware that the bank does not send such text messages. As per the official site of the bank, “SBI never sends email for getting customer information. Please report immediately if you receive any e-mail purported to be originated by SBI to gather your Username or Password or any other personal information. This may be a phishing mail.”

The post SBI users might fall victim to this scam SMS and lose money: Here’s what the government says appeared first on BGR India.



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