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Dearth of mechanics and higher repair costs lead to dip in UK electric car sales

Dearth of mechanics and higher repair costs lead to dip in UK electric car sales

by AIP Online Bureau | Apr 13, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

A dearth of mechanics trained to handle the most advanced EV fixes is helping to drive up repair costs, according to insurers and repair companies like the AA, which provides roadside assistance across the UK. Add in expenses like long wait times for replacement...
Nippon Life’s Singapore-based arm gets regulatory nod to operate in India

Nippon Life’s Singapore-based arm gets regulatory nod to operate in India

by AIP Online Bureau | Apr 13, 2024 | Eco/Invest/Demography, Life, Regulation, Wealth Management/ Philanthropy

Hiroshi Shimizu, president, Nippon Life Insurance “India is an important market for Nippon Life due to its status of as the world’s most populous country and promising growth prospects. We will continue to contribute to the development of the life...
Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

by AIP Online Bureau | Apr 13, 2024 | Data, Eco/Invest/Demography

In the three-wheeler segment, the industry is almost close to the earlier peak of 7 lakh units in FY19 Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on...

Systems breach Mumbai cops register case after Wellspun’s confidential data’ is wiped out

by AIP Online Bureau | Apr 12, 2024 | Indian News, Risk Management, Technology

“An unidentified person gained access to the system by logging into email id of the company. The access was made from a Hyderabad based IP address.Confidential data residing in Power BI tool software was wiped out. It included the company’s dashboard and reports...

Israel bracing for potential direct attack from Iran in days

by AIP Online Bureau | Apr 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The assault from Iranian soil has emerged as one of the main scenarios expected by the Jewish state and its allies, said the people, who asked not to be identified as they aren’t authorized to discuss the matter publicly. A bombardment with drones and precision...
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