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Indian govt panel wants car ratings tied to improved connectivity -draft
In a country with high accident rates, the advice could force...
Tata AIG General launches a faster process for online travel insurance claims
Tata AIG General Insurance Company has introduced a faster process...
Govt unveils Rs 102 lakh crore infrastructure projects for next 5 years
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government's spending push in the infrastructure sector. Addressing a press...
IRDA slaps Rs 2.18 cr of fine against Hero lnsurance Broking lndia for violating MISP norms
lt was observed that even though HIBIL has empanelled nine general insures and one standalone health insurers, no justification was given by HIBIL to restricl the number of insurers to 10 and not allow other general insurers to sell motor insurance policies through HIBL’s sponsored MISPs thereby leading to violation of MISP guidelines.
China’s gene-editing scientist jailed for three years in modified baby case
The scientist, from the Southern University of Science and Technology in Shenzhen, claimed in November last year that he had manipulated the embryos with a gene-editing technique known as CRISPR in a bid to make them immune to HIV infection
Slowdown hits sales of cars, biscuits in 2019, but not smartphones
Interestingly, there has been a significant rise in the average selling prices (ASP) of smartphones this year – rising from Rs 5,000-10,000 to Rs 10,000-15,000 now.
As per International Data Corporation (IDC), while more than 80 per cent of the market is sub-$200, the $300-500 category has witnessed multi-fold growth with flagship devices of players like Xiaomi, Oppo and OnePlus.
Maruti lnsurance Broking fined Rs 3 cr by IRDAI for violating motor insurance norms
Further, taking serious note that the affidavit submitted by the principal officer-Surender Shrivastav,- of MIBL is contrary to the facts, the IRDAI had directed that MIBL not not pay performance incentives to the Principal Officer for one year from the date of this order.
IRDAI cancels 100% pledging of Reliance GI’s shares with Credit Suisse & Nippon India MF
IRDAI said its prior approval was not taken for the transfer. The Irdai added that the unauthorised transfer also violates FDI regulations.
Irdai’s action will benefit all lenders of Reliance Capital as sale proceeds of RGICL’s shares will go to all lenders and not just Credit Suisse and Nippon India MF.
Long-awaited U.S. drone safety rules call for extensive tracking network
The long-awaited draft rules call for a massive new tracking network for everything from toys to larger commercial drones so that law enforcement can spot the devices flying anywhere, from congested urban areas to the most rural zones
Bek Air planewith 100 on board crashes in Kazakhstan, 14 killed
The aircraft was identified as a Fokker-100, a medium-sized, twin-turbofan jet airliner. The company manufacturing the aircraft went bankrupt in 1996 and the production of the Fokker-100 stopped the following year.
Hackers target companies,posing as CEOs and other C-level Executives
A recent report reveals that 71 percent of all fraudulent transactions in the second quarter of 2018 came from mobile banking apps or more broadly used apps and platforms like Facebook Messenger and WhatsApp. By exploiting vulnerabilities in phone and message apps, hackers are expanding their reach
Battered by slowdown, auto industry pins hopes on 2020 for turnaround
“2020 will be an interesting year with BS-VI getting implemented and entirely new platforms being available in the market,” SIAM President Rajan Wadhera told PTI.