the bank's shareholding in ICICI Life stands at approximately 52.8...
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Lohiya asks PSGICs to strengthen their performance monitoring through standardised KPIs and quaterly review
Sanjay Lohiya, secretary,DFS advised the PSGICs to strengthen their...
IFFCO-TOKIO General appoints Tatsuya Fujimoto as MD & CEO
Tatsuya Fujimoto,Managing Director and CEO Designate, IFFCO-TOKIO...
Apple supplier Tata tightens internal controls after data breach, sources say
Reuters reported this week that ransomware group World Leaks posted more than 200,000 files to the dark web, including purported component design papers from Apple and Tesla, both of which are Tata clients. Reuters could not verify the authenticity of the data. NEW...
NGT asks UP dept to take action against ‘illegal’ groundwater extraction in Noida, Greater Noida
The order comes against the backdrop of growing concern over India's rapidly shrinking groundwater reserves. India is the world's largest user of groundwater, accounting for roughly a quarter of global extraction. New Delhi:The National Green Tribunal (NGT) has...
MoRTH proposes phased rollout of cybersecurity management systems for vehicles
The Ministry of Road Transport and Highways(MoRTH), in a draft notification issued on June 22, said the proposed regulations will apply across the vehicle categories M(passenger vehicles), N (goods carriers), and T (trailers). New Delhi: The Road Transport Ministry...
STT, Tata Delhi data centre fire leaves clients fearing decades of data lost; Google hit
The blaze at the STT Global Data Centres India facility, owned by Singapore's ST Telemedia and India's Tata Communications , caused "extensive damage" to parts of the site, making data recovery difficult, a Tata Communications unit said in a letter to a client NEW...
RBI proposes guidelines for banks to manage AI risks
Banks should establish human oversight for AI models used in automated decision-making, the draft guidelines said.For generative AI models that interface with customers or external users, additional cybersecurity controls should be implemented. MUMBAI: India's...
IRDAI launches Rs 800 cr Policyholders’ Education and Protection Fund, set to widen policyholder services
The consequences of this lack of awareness are significant. At the beginning of FY2025, insurers were holding more than ₹9,305 crore in unclaimed amounts, including maturity proceeds, death claims and surrender values. In a move aimed at enhancing policyholder...
UK based re/insurance broker BMS sets up Global Capability Centre in Mumbai
Nick Cook, Group CEO, said: “The opening of our GCC in Mumbai is more than an operational milestone. It is a platform for building the data and AI capability that will help BMS serve clients better and compete more effectively. India has extraordinary professional...
46 drug samples manufactured by various firms to be “not of standard quality
Identification of drug samples as NSQ is done based on failure of the drug sample in one or the other specified quality parameters. The failure is specific to the drug products of the batch tested by the government laboratory and it does not warrant any concerns on...
Govt prepares contingency plans for 315 districts as monsoon falters
The India Meteorological Department defines average, or normal, rainfall as between 96% and 104% of a 50-year average of 87 cm (35 inches) for the June-September monsoon season. The state-run weather office last month forecast an El Nino-weakened monsoon in 2026...
Tata Electronics hit by cyber breach, Apple, Tesla trade secrets exposed
"A few weeks ago, Tata Electronics identified a cybersecurity incident on some of our systems. Our response protocols were deployed immediately, and the incident has had no impact on our operations across businesses, which remain unaffected," Tata Electronics told...