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Govt plans to hike foreign investment cap in state-run banks to 49%, source says

by AIP Online Bureau | Oct 27, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation

Foreign interest in India’s banking industry is on the rise as evidenced by Dubai-based Emirates NBD’s recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp’s $1.6 billion acquisition of a 20% stake in Yes Bank which...
Australia sues Microsoft over AI-linked subscription price hikes

Australia sues Microsoft over AI-linked subscription price hikes

by AIP Online Bureau | Oct 27, 2025 | Eco/Invest/Demography, International News, Regulation, Technology

The Australian Competition and Consumer Commission (ACCC) alleged that from October 2024, the technology giant misled about 2.7 million customers by suggesting they had to move to higher-priced Microsoft 365 personal and family plans that included Copilot...
Inclined to entrust CBI with investigation of all digital arrest cases: SC

Inclined to entrust CBI with investigation of all digital arrest cases: SC

by AIP Online Bureau | Oct 27, 2025 | Eco/Invest/Demography, Indian News, Risk Management

The top court noted the submissions of Solicitor General Tushar Mehta, appearing for the CBI, that cyber crime and digital arrest cases are originating from off-shore locations like Myanmar and Thailand and directed the probe agency to come up with a plan to probe...
MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy

MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy

by AIP Online Bureau | Oct 26, 2025 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology

Chris Methven, Chief Growth Officer at CyberCube, said,“Our analytics are designed to help (re)insurers like MS Amlin navigate a rapidly evolving threat landscape and make confident, data-informed decisions. This collaboration reflects the growing demand for...
KKR and Quadrantis Capital pick up minority stakes in Peak Re

KKR and Quadrantis Capital pick up minority stakes in Peak Re

by AIP Online Bureau | Oct 26, 2025 | International News, Non-Life, Reinsurance

Franz-Josef Hahn, Chief Executive Officer, Peak Re. Post completion, KKR and Quadrantis Capital are expected to hold approximately 11.27% and approximately 1.80% of Peak Re’s issued share capital, respectively, with the remaining approximately 86.71% continuing to be...
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