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IRDA allows Axis Bank to pick upĀ 12 % stake in Max Life

by AIP Online Bureau | Feb 24, 2021 | Indian News, Life, Regulation

  New Delhi: Max Financial Services Limited (MFSL) announced today that the Insurance Regulatory and Development Authority of India (IRDAI) has given its formal approval for the acquisition of up to 12 per cent  stake in Max Life Insurance Company (Max...

India plans new social media controls after Twitter face-off

by AIP Online Bureau | Feb 24, 2021 | Eco/Invest/Demography, Indian News, Technology

  NEW DELHI: Chafing from a dispute with Twitter, India plans to oblige social media companies to erase contentious content fast and assist investigations, according to a draft regulation.New Delhi’s planned “Intermediary Guidelines and Digital Media...

Indian traders face ‘absolute havoc’ as bourse suffers four-hour outage

by AIP Online Bureau | Feb 24, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  MUMBAI: India’s largest bourse shut down for nearly four hours on Wednesday due to what it said was a telecom network glitch, and its operators drew fire from traders for a lack of transparency over the problem, which they said caused “absolute...

Online platforms emerging as preferred marketplace for vehicle buyers: Survey

by AIP Online Bureau | Feb 24, 2021 | Eco/Invest/Demography, Indian News, Technology

  Mumbai: A survey has revealed that online platforms have emerged as preferred marketplace for buying a vehicle with a majority 60 per cent of respondents showing willingness to buy vehicle digitally. Besides, 54 per cent of the 77 per cent respondents who had...

India 2nd biggest target of cyber criminals in Asia Pacific in 2020: IBM

by AIP Online Bureau | Feb 24, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  New Delhi: India 2nd biggest target of cyber criminals in Asia Pacific in 2020: IBMIndia was the second most attacked country by cyber criminals after Japan in Asia Pacific in 2020, according to an IBM report released on Wednesday. In 2020, IBM Security X-Force...
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