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Proactive measures essential to combat cyberattacks: RBI DG

Proactive measures essential to combat cyberattacks: RBI DG

by AIP Online Bureau | May 19, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Risk Management, Technology

”The potential impact of a successful cyberattack on a bank’s operations, reputation, and financial stability cannot be overstated, underscoring the critical importance of robust cybersecurity measures and proactive risk mitigation strategies,” RBI...
“Reliance Capital asks for extra 10 days for Hinduja group asset transfer”

“Reliance Capital asks for extra 10 days for Hinduja group asset transfer”

by AIP Online Bureau | May 19, 2024 | Indian News, Life, Non-Life, Regulation

The deadline for the transfer of Reliance Capital’s asset to Aasia Enterprises, a Hinduja Group company, ended on Friday, they added. It may be mentioned that May 27 also happens to be the deadline for the implementation of the resolution plan by the Hinduja...

Mutual Funds invest Rs 1.3 lakh crore in equities in 2024 on strong mkt performance

by AIP Online Bureau | May 19, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“Additionally, the steady increase in SIP contributions, which reached a new peak of Rs 20,371 crore in April 2024, indicates that investors are becoming more disciplined and confident in the market,” Feroze Azeez, Deputy CEO, Anand Rathi Wealth Ltd, said...

8 of 10 business leaders globally adopting AI for growth: TCS study

by AIP Online Bureau | May 19, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology

Most, at 65 per cent, believe AI will augment and enhance human capabilities, enabling people to focus on higher-value activities that require creativity and strategic thinking. Harrick Vin, Chief Technology Officer, TCS, said, “2023 was a year of exuberance,...
Delhi’s outdoor workers, low-income households bear brunt of deadly heat

Delhi’s outdoor workers, low-income households bear brunt of deadly heat

by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Features, Health, Risk Management, Workplace/Employee Benefits

Anna Walnycki, a principal researcher on IIED’s human settlements team, said the alarming rise in extreme heat events in India due to climate change is significantly impacting health, wellbeing and productivity of all, especially those living in low-income and...
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