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US court of appeals upholds USD 194 mn damages against TCS in CSC DXC trade secrets dispute

US court of appeals upholds USD 194 mn damages against TCS in CSC DXC trade secrets dispute

by AIP Online Bureau | Nov 24, 2025 | Indian News, Risk Management, Technology

In June last year, a US court had ruled that TCS is liable for misappropriation of trade secrets and levied penal charges of around USD 194 million on the IT major. The company is evaluating various options, including review and appeal before appropriate courts, and...
Bima Gram API to strengthen rural coverage, says insurance industry

Bima Gram API to strengthen rural coverage, says insurance industry

by AIP Online Bureau | Nov 24, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

The Bima Gram API maps postal PIN codes to Local Government Directory (LGD) codes, creating a unified, verifiable database for rural identification. Through the Bima Gram API, insurers can now simply enter a customer’s postal PIN code to retrieve the corresponding...

Delhi tribunal awards Rs 1.1-crore compensation to family of serviceman killed in crash

by AIP Online Bureau | Nov 23, 2025 | Indian News, Non-Life

Presiding officer Sudeep Raj Saini observed that merely because the deceased was riding his two-wheeler under the influence of alcohol, it did not automatically establish contributory negligence on his part. New Delhi: A motor accident claims tribunal here has awarded...
IRDAI chairman Seth meets Indian reinsurers

IRDAI chairman Seth meets Indian reinsurers

by AIP Online Bureau | Nov 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance

Ajay Seth, chairman,IRDAI “It was an introductory meeting and had no specific agenda. Seth wanted to know the state of affair in the Indian reinsurance industry,’’ said one of the CEOs who had attended the meeting Mumbai: After meeting life and non-life...
Jitters over AI spending set to grow as US tech giants flood bond market ​

Jitters over AI spending set to grow as US tech giants flood bond market ​

by AIP Online Bureau | Nov 23, 2025 | Eco/Invest/Demography, International News

Since September, public bond issuance by four of the major cloud computing and AI platform companies known as “hyperscalers” has hit nearly $90 billion, with Google owner Alphabet selling $25 billion in bonds, Meta $30 billion, Oracle $18 billion, and...
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