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LIC’s looming mega IPO weighs on other insurers’ stocks, say investors

LIC’s looming mega IPO weighs on other insurers’ stocks, say investors

by AIP Online Bureau | Feb 17, 2022 | Indian News, Life, Wealth Management/ Philanthropy

LIC’s listing could dump the equivalent of nearly 60% of the three insurers’ free-float capitalisation on the market, Macquarie said in a report this week, adding that the outlook for them remains challenging If LIC’s valuation is attractive, the...
BSE EBIX and LIC join hands for distribution of insurance products

BSE EBIX and LIC join hands for distribution of insurance products

by AIP Online Bureau | Feb 17, 2022 | Indian News, Intermediaries, Life, Technology

EbixCash, a subsidiary of Ebix, Inc. is in the process of seeking IRDA approval to transfer its share ownership in BSE EBIX from its parent Ebix Singapore Pte Ltd. to EbixCash Limited Mumbai: BSE and Ebix Singapore Pte announced the signing of distribution agreement...

Vistara’s Amritsar-bound flight makes emergency landing at IGI airport

by AIP Online Bureau | Feb 17, 2022 | Indian News, Risk Management

There were 146 passengers onboard the flight when it took off from IGI for Amritsar. The emergency was sounded at runway number 28 of terminal number 2 New Delhi: An Amritsar-bound Vistara flight had to make an emergency landing at the Indira Gandhi International...
1 in every 4 cars will have 5G connectivity by 2025, says Report

1 in every 4 cars will have 5G connectivity by 2025, says Report

by AIP Online Bureau | Feb 17, 2022 | Facts, Non-Life, Technology

“As countries worldwide further strengthen their 4G network coverage and embrace next-generation cellular technology, we can see more connected cars coming to market with advanced safety and comfort features,” said senior analyst Soumen Mandal One in 4...

Europe’s bid for AI standard faces long road, EU lawmakers say

by AIP Online Bureau | Feb 17, 2022 | Policy, Risk Management, Technology

Dragos Tudorache, one of two lawmakers steering the issue, told Reuters facial recognition is a key topic Europe’s effort to set a standard for artificial intelligence will likely take more than a year, with the debate focusing on whether facial recognition...
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