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Driverless truck companies in US plan to ditch human copilots in 2024

Driverless truck companies in US plan to ditch human copilots in 2024

by AIP Online Bureau | Jan 7, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management, Technology

After years of testing, Aurora Innovation Inc., Kodiak Robotics Inc. and Gatik AI Inc. expect to remove safety drivers from trucks that are being guided by software and an array of sensors including cameras, radar and lidar, which sends pulses of light that bounces...
Apple starts paying iPhone users as part of $500 mn ‘Batterygate’ settlement

Apple starts paying iPhone users as part of $500 mn ‘Batterygate’ settlement

by AIP Online Bureau | Jan 7, 2024 | International News, Risk Management, Technology

Apple in 2020 agreed to pay up to $500 million to settle a class-action lawsuit in the US that accused the iPhone maker of “secretly throttling” some iPhone models San Francisco: Apple has started sending payments to the affected iPhone users as part of...

Payout by life insurers moderates in FY23 compared to previous year

by AIP Online Bureau | Jan 7, 2024 | Indian News, Life

The benefits paid on account of surrenders/withdrawals increased by 25.62 per cent to 1.98 trillion in 2022-23, of which public sector insurers accounted for 56.27 per cent New Delhi: Payout by life insurance companies declined by about Rs 6,000 crore during 2022-23...

Delhi’s per capita income rises over 14 pc to Rs 4,44,768

by AIP Online Bureau | Jan 7, 2024 | Data, Eco/Invest/Demography, Policy, Technology, Wealth Management/ Philanthropy, Workplace/Employee Benefits

Delhi has the highest minimum wages in the country — Rs 17,494 for unskilled, Rs 19,279 for semi-skilled, and Rs 21,215 for skilled workers — and the government increases these wages every six months, the statement said. Delhi’s per capita income...

FPIs infuse Rs 4,800 crore in equities In 1st week of Jan on strong economic confidence

by AIP Online Bureau | Jan 7, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

This came following a massive investment of Rs 66,134 crore in December and Rs 9,000 crore in November. Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven...
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