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NGT directs Jindal Saw Ltd to pay Rs 4 cr compensation for damaging houses by illegal blasting

by AIP Online Bureau | Jul 4, 2021 | Disaster & Management, Indian News, Risk Management

New Delhi: The National Green Tribunal has directed Jindal Saw Ltd to deposit Rs 4 crore as compensation because illegal blasting by it had caused damage to several houses in Pur village in Rajasthan's Bhilwara district. A bench headed by the tribunal's...

Financial services present large opportunity, says Sachin Bansal

by AIP Online Bureau | Jul 3, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Technology

  New Delhi: Sachin Bansal,co-founder,Navi Technologies, on Friday said financial services present a large opportunity and by bringing a consumer tech thought process, new-age companies are well-positioned to tap into underpenetrated segments like insurance,...

Insurers’ response to COVID-19 pandemic has damaged their reputation, finds GlobalData

by AIP Online Bureau | Jul 3, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

  London: A recent poll by GlobalData has revealed that the reputation of the insurance industry globally has taken a hit due to its response to the COVID-19 pandemic. The poll found that almost a third (29%) of respondents felt that their opinions on global...

Didi shares dive as China unveils new cyber probe after mega IPO

by AIP Online Bureau | Jul 3, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

Didi Global Inc. tumbled Friday after China said it’s starting a cybersecurity review of the ride-hailing company just two days after it pulled off one of the biggest U.S. stock market debuts of the past decade. The move is to prevent data security risks,...

Facebook actioned 30 mn content pieces during May 15-Jun 15, shows compliance report

by AIP Online Bureau | Jul 3, 2021 | Uncategorized

New Delhi: Facebook ''actioned'' over 30 million content pieces across 10 violation categories during May 15-June 15 in the country, the social media giant said in its maiden monthly compliance report as mandated by the IT rules. Instagram took action...
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