UIDAI CEO Bhuvnesh Kumar said that the authority is considering...
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Need to relook at Rs 15k ceiling for mandatory pension enrolment: DFS Secy
“We need to look at it…how do we secure the future of those who...
TRAI mandates pre‑tagging of variables in SMS content templates to curb fraud
Evidence from multiple Unsolicited Commercial Communications (UCC)...
Top EU privacy regulator opens probe into Google’s AI
Ireland’s Data Protection Commission (DPC), the lead EU regulator for most of the top U.S. internet firms due to the location of their EU operations in Ireland, said the probe concerned the Alphabet Inc unit’s Pathways Language Model 2 (PaLM 2) The top EU privacy...
Musk criticises Australia’s proposed `Misinformation Law’
Elon Musk, owner of social media platform X Australia’s Labor government unveiled legislation which could fine internet platforms up to 5% of their global revenue for enabling misinformation, joining a worldwide push to rein in borderless tech giants Elon Musk, owner...
Tech companies commit to fighting harmful AI sexual imagery by curbing nudity from datasets
In a deal brokered by the Biden administration, tech companies Adobe, Anthropic, Cohere, Microsoft and OpenAI said they would voluntarily commit to removing nude images from AI training datasets “when appropriate and depending on the purpose of the model.” WASHINGTON:...
CCI probe finds Amazon, Walmart’s Flipkart breached antitrust laws
The investigation's findings are the latest setback for Amazon and Flipkart in a country where they continue to face criticism for their business practices from smaller retailers, who say their businesses have suffered in recent years due to deep discounts offered...
Govt to spend Rs10,900 crore to enhance electric vehicle mobility
The primary objective of the PM E-DRIVE scheme is to expedite the adoption of EVs by providing upfront incentives for their purchase, as well as by facilitating the establishment of essential charging infrastructure for EVs. The PM E-DRIVE scheme aims to promote EVs...
Moody’s acquires Praedicat, adds Casualty and Liability modeling capabilities
“As losses from catastrophic events are increasing, insurers are constantly looking for science-based casualty data and analytics,” said Rob Fauber, President and Chief Executive Officer of Moody’s NEW YORK: Moody’s Corporation announced on Thursday that it has...
Cyber Protection: Public-private action to bridge gap and boost resilience
Mario Greco, Group Chief Executive Officer, Zurich Insurance Group, said: “The threat of cyberattacks poses a significant risk to both societal and economic stability. As insurers, we can offer some degree of protection, but we must acknowledge that large-scale,...
Former NIA CMD G Srinivasan appointed as the first CEO of Galaxy Health Insurance
G Srinivasan,MD &CEO, Galaxy Health Insurance Company Earlier, Dr S Prakash, former CEO of Star Health, who also quit Star Health along with Jaganathan, was supposed to be first the CEO of Galaxy Health Insurance. However, Prakash wants to be an investor of the...
Govt to sell 7% stake in GIC Re tom, to mop up Rs 4,701 cr
“Retail investors and GIC employees can bid on Thursday. The government will divest 3.39 per cent equity with an additional 3.39 per cent as green shoe option,” Secretary, Department of Investment and Public Asset Management, posted on social media platform X ...
IRDAI approves take over of Aditya Birla Insurance Brokers by Edme
Rs 455 crore deal had got stuck for over 18 months as the IRDA had refused give its approvals in the absence of certain key information about the transaction Mumbai: Allowing the entry of private equities(PEs) in the insurance broking sector, after almost 18 months...