India, April 16 -- In a significant move to reinforce the security of India's financial ecosystem, the Department of Telecommunications (DoT) and the Securities and Exchange Board of India (SEBI) today entered into a strategic partnership by signing a Memorandum of Understanding (MoU) to enhance cooperation in tackling the misuse of telecom resources in securities market frauds and investment-related scams.

The MoU was signed by Shri Sanjeev Kumar Sharma, Deputy Director General, AI & Digital Intelligence Unit (AI&DIU), DoT, and Shri Sandip Pradhan, Whole Time Member, SEBI, in the presence of Shri Deb Kumar Chakrabarti, Member (Services), Digital Communications Commission, marking a significant step towards deeper convergence between tel...