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CCI probe finds Amazon, Walmart’s Flipkart breached antitrust laws

by AIP Online Bureau | Sep 12, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

The investigation’s findings are the latest setback for Amazon and Flipkart in a country where they continue to face criticism for their business practices from smaller retailers, who say their businesses have suffered in recent years due to deep discounts...
Marsh looks for a new president for its Broking vertical in India

Marsh looks for a new president for its Broking vertical in India

by AIP Online Bureau | Sep 12, 2024 | Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management

It is reliably learnt that the company is keen to have an insider from the Indian insurance industry to be appointed as a president of Marsh India Insurance Brokers and has hired a headhunter for the exercise Singapore: US based Marsh McLennan, the largest...

DBS looks for bancassurance partnership in India and Taiwan

by AIP Online Bureau | Sep 11, 2024 | Banking & Bancassurance, Intermediaries, International News, Life, Non-Life

The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential bancassurance agreements for those markets, the people said, asking not to be identified because the deliberations are private DBS Group Holdings Ltd. is considering forming...
Govt to spend Rs10,900 crore to  enhance electric vehicle mobility

Govt to spend Rs10,900 crore to enhance electric vehicle mobility

by AIP Online Bureau | Sep 11, 2024 | Climate, Environment, Renewable Energy, Indian News, Non-Life, Policy, Regulation, Technology

The primary objective of the PM E-DRIVE scheme is to expedite the adoption of EVs by providing upfront incentives for their purchase, as well as by facilitating the establishment of essential charging infrastructure for EVs. The PM E-DRIVE scheme aims to promote EVs...
National Health Authority and IIT Kanpur sign MoU for development of digital public goods for AI in Healthcare

National Health Authority and IIT Kanpur sign MoU for development of digital public goods for AI in Healthcare

by AIP Online Bureau | Sep 11, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology

Under this MoU, a federated learning platform across a variety of machine learning model pipelines, a quality-preserving database, an open benchmarking platform for comparing & validating AI models, and a consent management system for research under Ayushman...
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