by AIP Online Bureau | Apr 28, 2024 | International News, Technology
The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China, its second-largest market globally, despite customers urging it to do so...
by AIP Online Bureau | Apr 28, 2024 | Indian News, Life, Non-Life, Regulation
According to the sources, the lenders expressed concerns over the slow progress towards the implementation of RCAP resolution plan, as IIHL is yet to receive the crucial IRDAI approval on the resolution plan.The IRDAI has raised multiple queries and concerns over the...
by AIP Online Bureau | Apr 28, 2024 | Indian News, Non-Life
V. Suryanarayanan, MD&CEO, Cholamandalam General Insurance The insurer has recorded a gross written premium of Rs 7,598 crore for the financial year ending March 31, 2024.The company said due to the impact of natural calamities like Cyclone ‘Biparjoy’,...
by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Indian News, Policy
“While a record Rabi crop will help in moderating cereal prices, the increasing occurrence of weather shocks poses an upside risk to food prices. Geopolitical tensions and their effect on oil prices add to this risk. However, Kharif crop prospects look bright at...
by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Policy, Risk Management
A working group, that included insurance regulator IRDAI, went into issues related to the insurance sector during 2022-23 fiscal and the revised guidelines laid “special stress” for generating alerts in cases of frauds experienced by the insurance firms...