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TATA AIG General launches India’s first satellite in-orbit 3rd-party liability policy

TATA AIG General launches India’s first satellite in-orbit 3rd-party liability policy

by AIP Online Bureau | May 13, 2024 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

The Indian space industry is experiencing phenomenal growth, with a projected market size reaching into the tens of billions. With the privatisation of space launches, India targets a five-fold increase in its global launch market share, projected to reach $47.3...
Forest fires in Uttarakhand threaten rare Himalayan fauna say experts

Forest fires in Uttarakhand threaten rare Himalayan fauna say experts

by AIP Online Bureau | May 13, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

“We have several rare species of birds whose breeding season coincides with the forest fire season, from April to June. Frequent and uncontrolled forest fires are gradually making these species highly endangered in Uttarakhand forests,” Sanjeev Chaturvedi,...

Zoox, Amazon’s self-driving robotaxi unit, being probed by US after rear-end collisions

by AIP Online Bureau | May 13, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Both crashes happened during the daytime hours and the motorcyclists suffered minor injuries. In both cases, the agency confirmed that each of the Amazon vehicles was operating in autonomous mode leading up to the crashes Detroit: Zoox, Amazon’s self-driving...

EU says Booking must comply with strict tech rules, investigates X

by AIP Online Bureau | May 13, 2024 | International News, Policy, Regulation, Risk Management, Technology

The Commission said in March that Elon Musk’s X, TikTok owner ByteDance and Booking.com may meet EU criteria subjecting them to tough tech rules as so-called gatekeepers Paris:The European Commission on Monday said it had designated Booking as a so-called...
Government mandates anti-fake review rules for e-commerce platforms

Government mandates anti-fake review rules for e-commerce platforms

by AIP Online Bureau | May 13, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Nidhi Khare, Secretary, Consumer Affairs Ministry The government issued the new quality norms for e-tailers a year ago, prohibiting them from publishing paid reviews and demanding disclosure of such promotional content. But fake reviews of products and services on...
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