``The alleged demand and the impugned Show Cause Cum Demand Notice...
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DGCA can act against noncompliance of pilots to aviation rules: Delhi HC
SNV Aviation Private Limited, which flies under the brand name...
Govt may propose up to Rs 500 crore fine for violations under Digital India Bill
Under the proposed bill, the Centre may authorise any government...
Modicare to roll out on Aug 15,govt to list insurers & hospitals shortly
Although beneficiaries have been identified and the IT infrastructure has been put in place, the involvement of hospitals – public and private – and insurance companies was still to be finalized, said Indu Bhushan, chief executive officer of the government’s project
Bill on DNA profiling on Cabinet’s agenda tomorrow
In 2017, the Law Commission of India, in its 271st report, had prepared the draft Bill called The DNA Based Technology (Use and Regulation) Bill, 2017, stressing on its usage for disaster victim identification, criminal investigation and identification of missing persons
SC stays SAT order against Joseph
In March 2018, the SAT in a case “about sharing of commission illegally involving Marsh India Insurance Brokers’’had given a judgment charging Joseph of “virtually aiding and abetting corruption”. According to the SC website, the matter will (tentatively) be heard next on August 17
CBI probes Prudent Insurance Brokers & others for misappropriating commission
The FIR has charged that these brokers conspired with the NIA officials to misappropriate commission without producing the mandate of the customer while placing the deal with the insurer,which is mandatory as per IRDA norms.
Tech Mahindra partners with US-based LIFARS for Cyber Security Platform
“LIFARS and Tech Mahindra’s partnership is aimed at addressing the growing needs of customers to combat the rampantly increasing number of cyber threats, Rajiv Singh, Global Head of Enterprise Security & Risk Management, Tech Mahindra.
India Inc faces online bigotry risk,reputational & business risks can pose business continuity risks
Risk consultancy Kroll Inc. says it’s seeing an “exponential increase” in questions from corporate clients on how to manage the fallout from incidents on social media.“It doesn’t just carry reputational and business risk, it can snowball into business continuity risks that can spread faster than a forest fire,” said Tarun Bhatia, a Mumbai-based managing director at Kroll. “
Employees’ unions of LIC, IDBI Bank & banking industry oppose LIC acquiring IDBI Bank
Since nationalisation in 1956, LIC has been investing policyholders’ money in such a way that it first ensures the security of policyholders fund and then generates return on its investments
IRDA clears LIC’s IDBI Bank acquistion plans, defers approvals for new `Reinsurance Regulations’
“Yes , we have cleared a proposal from the LIC to pick up upto 51 per cent in the IDBI Bank and asked them to inform us afterwards when they plan to bring it down to 15 per cent, which is the maximum permissible limit a life insurer can have in its investment in another company. But we have postponed our approval for the new reinsurance regulations.,’’ said top sources at IRDAI.
Cos’ directors to furnish personal mobile numbers for verification: Govt
“While filing the form, the unique personal mobile number and personal e-mail id would have to be mandatorily indicated and would be duly verified by one time password (OTP),”
Climate change could cost India 2.8% of GDP by 2050:World Bank
“These weather changes will result in lower per capita consumption levels that could further increase poverty and inequality in one of the poorest regions of the world, South Asia,” said Muthukumara Mani, Lead Economist World Bank.