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Indian News

FM unveils measures to revive auto sales and capital market inflows

The government will consider various measures including scrappage policy. The scrappage policy, if implemented, is likely to give stimulus to customers to make new purchases supported by government incentives in place of their old vehicles.BS4 vehicles purchased up to March 2020 will all remain operational for their entire period of registration.

Revision of one-time registration fees being deferred till June 2020.

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Interviews on Aug 27 to select chiefs of GIC Re, AIC and MDs of LIC

The senior official of the state owned general insurance companies who have been shortlisted for the interview are – M Poddar, general manager(GM), National Insurance Company, Dinesh R Waghela, GM, Oriental Insurance Company,SN Rajeswari, GM, New India Assurance, DTV Sashtri, GM, United India Company,Deepak Prasad, GM, GIC Re , Anil Shristav, GM, OIC, Devesh  Shristav, GM, GIC Re, M and Bullaswami, GM, NIA.   

Among the  senior officials, who have been called for the interview for selecting two MDs of LIC are, MK Gupta ED, Personnel. Raj Kumar CEO, LIC Mtual Fund , HS Sasikumar,  ZM,Bhopal, S Nallakuttalam.

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Linking profile with Aadhaar: SC to hear FB’s plea for transfer of cases

The apex court on Monday was told by the Tamil Nadu government that social media profiles of users need to be linked with Aadhaar numbers to check circulation of fake, defamatory and pornographic content as also anti-national and terror material.Facebook Inc is resisting the state’s suggestion on grounds that sharing of Aadhaar would violate privacy policy of users.Facebook Inc had said that it cannot share Aadhaar number with a third party as the content on its instant messaging Whatsapp was end-to-end encrypted and even they do not have access to it.

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Max Life Insurance announces the launch of Max Innovation Lab

As part of this Programme, the startups will help create solutions by leveraging new age technologies such as Artificial Intelligence, Blockchain, Internet of Things, Big Data to facilitate a host of services such as intelligent data acquisition and processing generated from online/offline sources, intelligent underwriting, intelligent agent/seller hiring, financial management and more

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Even India’s hiring activity slowing as economy cools, says Care Ratings

Banks, insurers, auto makers and logistics and infrastructure companies are among those hiring at a slower pace, according to the study by Care Ratings Ltd. that relied on annual reports for the year ended March from nearly 1,000 companies. The services sector, which accounts for a bulk of the economy, was the lone sweet spot that displayed robust jobs growth, the study by the credit assessor showed.

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