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Insurers need not seek its prior-approval for going public: IRDAI
The IRDAI will soon provide more clarity on capital structure of...
Auto makers start 2024 on high note, report growth in Jan sales
Maruti Suzuki India's total vehicle sales increased by 15.5 per...
Maharashtra invites Tesla after Musk hints entry into India
Earlier this month, Musk said “Next year for sure” on Twitter in reply to a post with a photograph of a T-shirt with the message: “India wants Tesla”.
ICICI Lombard General Insurance net profit rises by 35% to Rs 415.74 crore in Q2 FY 2020-21
Bhargav Dasgupta, managing director and CEO,ICICI Lombard General Insurance said,“In terms of performance the large part of the growth in profit after tax is also driven by better underwriting of business.We had a good quarter in terms of investment income and combined ratio. Because of our business growth, we are also seeing growth in investment income as well.”
India seeks health worker database for possible COVID-19 vaccination
“Vaccine would be supplied by the government of India to all states for free,” Pradipta Mohapatra, the top health bureaucrat of Odisha state who attended a video conference with federal health officials, told Reuters.
“First to be vaccinated are the health workers both in government and private sector. The policy is uniform for the whole country.”
Mohapatra said states would have to provide details of such workers to the federal government by next Friday.
Centre notifies amendment to motor vehicle rules for ownership details in registration papers
“MoRTH has issued notification dated October 22, 2020 for amendment to FORM 20 of CMVR 1989 to ensure capturing of ownership details of vehicles at the time of their registration. This will be of particular benefit to divyangjan,” MoRTH said in a statement.
Contract of insurance is of utmost good faith, says Supreme Court
The top court said this while setting aside the March this year verdict of the National Consumer Disputes Redressal Commission (NCDRC) which had dismissed the plea of an insurance firm against the order asking it to pay full death claim along with interest to the mother of the deceased.
Monsanto loses final appeal over French farmer’s weedkiller accident
The farmer has argued that the fumes he inhaled from the weedkiller Lasso, a product that was subsequently withdrawn from the French market, caused neurological problems, including memory loss, fainting and headaches.
COVID-19: India records 54,366 new infections, 690 deaths
A total of 69,48,497 people have recuperated from the disease so far pushing the national recovery rate to 89.53 per cent while the case fatality rate due to COVID-19 was recorded at 1.51 per cent.
According to the Indian Council of Medical Research (ICMR), a cumulative total of 10,01,13,085 samples have been tested up to October 22 with 14,42,722 samples being tested on Thursday.
Next 3 months decisive in determining Covid situation: Harsh Vardhan
Addressing a review meeting with officials of the Uttar Pradesh government, Vardhan said, “Appropriate measures are being taken to combat COVID-19. But the next three months are going to be decisive in determining the situation of COVID in the country. If we take adequate precaution and follow COVID-appropriate behaviour in the coming festival and winter season, we will be in a better position to fight corona.”
He asserted that the state needs to focus on increasing testing, surveillance, contact tracing, and early diagnosis to keep fatality rate low.
No foolproof anonymity: Justice Srikrishna on data protection
“What is thought to be anonymous can be de-anonymised tomorrow. Therefore, there is no foolproof anonymity. All that law can say is take it as anonymous, if you do de-anonymity, identify the person, then you will be answerable to the law,” Justice Srikrishna said at a FICCI event.
The draft of the personal data protection bill, approved by the Cabinet in December 2019, proposes a penalty of up to Rs 15 crore and up to three-year jail term for company executives for violating privacy norms.
Startups, SMEs most vulnerable in India to cyberattacks: Report
The most common forms of cybersecurity challenges faced by startups are negligence by employees and employee mobility, according to the report.
The most common forms of employee negligence which lead to cyberattacks including data breaches are accidental loss of the device containing confidential data, leaving the workstation unprotected or unattended, sharing confidential information such as passwords via paper notes and remote working using an unsecured or public network connection.