Jad Ariss, Managing Director of the Geneva Association, said: “The...
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IFSCA and IRDAI to work together for pulling global re/insurance investment into India: Rajaraman
L to R - PK Arora, Member, IRDAI, T Alamelu, Principal Advisor,...
With ‘zero casualty’ goal, India becomes global leader in disaster management: Amit Shah
Union Home Minister Amit Shah said that earlier the approach to...
SDGs: Greater urgency needed to meet environmental goals, improved data likely key
The SDGS are at the heart of the 2030 Agenda for Sustainable Development, which outlines internationally agreed targets in areas such as poverty, hunger, health, climate action, clean energy and responsible consumption.
Nadella explains how Microsoft will deal with hybrid work paradox
“According to our research, the vast majority of employees say they want more flexible remote work options, but at the same time also say they want more in-person collaboration, post-pandemic. This is the hybrid work paradox,” Nadella said in a blog post.
London Heathrow to open separate terminal for high-risk arrivals
A dedicated facility for flights from so-called red list nations will open in Heathrow’s Terminal 3 from June 1, the airport said in a statement Friday. The hub had been in protracted talks over government funding for the plan, which it said will be very challenging logistically.
46% of businesses in India saw rise in fraud amid pandemic: Report
Considering that 56 per cent of consumers in India cite online privacy as a significant concern, businesses must take robust actions to safeguard themselves and their customers against potential digital risks, it said.
Hero MotoCorp to resume operations at all manufacturing units from May 24
The other plants of Hero MotoCorp — Neemrana in Rajasthan, Halol in Gujarat and Chittoor in Andhra Pradesh — will also start single shift operations from May 24.
Supreme Court allows personal bankruptcy cases on tycoons
The federal government in 2019 introduced the law that allowed lenders to file parallel bankruptcies against defaulting firms and the individuals who guaranteed those loans.
Lenders last year filed bankruptcy cases against businessmen including Reliance Group’s Anil Ambani, Dewan Housing Finance Corp Ltd.’s Kapil Wadhawan and Bhushan Power & Steel Ltd.’s Sanjay Singal. The cases were halted on appeals filed in higher courts.
Bombay High tragedy: Barge Master, others charged with culpable homicide
The development came two days after the police launched its probe based on an accident death report to ascertain why the barge allegedly failed to adhere to safety norms despite warnings of the impending Cyclone Tauktae which wreaked havoc on the country’s west coast last Sunday onwards.
Besides culpable homicide not amounting to murder, the barge Master and others are also charged with common intentions, negligent acts causing hurt to others, etc., said Mumbai Police Spokesperson and Deputy Commissioner of Police S. Chaitanya.
Upstream Security raises $36M from Mitsui Sumitomo Insurance to disrupt the telematics insurance space
The strategic partnership with MSI will help revolutionize the car insurance industry, allowing insurance companies to use connected vehicle data to gain meaningful insights for various insurance-related areas including improved risk management and enhanced customer experience.
The rapid growth of the connected car ecosystem has brought along with it an increased interest in telematics-based services. Upstream’s cloud-based mobility data platform expands MSI’s data analytics capabilities and enables MSI to provide additional risk-related services based on driver usage and behavior.
Will bankers embrace sensors under their desks when they return to work?
But not everyone can return at once: banks will have to extend practices like those used for small teams of traders during the pandemic. Shifting rotations of people will pass through giant buildings on different days, without clustering in the same areas on the same floors, to avoid spreading COVID-19. Some of the banks are implementing systems where employees will book “hot seats” on particular days and be monitored while they are sitting at them, sources said.
In some buildings, that could mean cameras that monitor a room’s occupancy level and even sensors that tell building management whether someone is sitting at a desk. “That feels a little personal,” one bank employee said about desk sensors.
India’s Royal Enfield recalls about 237,000 motorcycles on ignition coil defect
The recall will apply to Meteor, Classic and Bullet model motorcycles sold in India, Thailand, Indonesia, Philippines, Australia, New Zealand and Malaysia, Royal Enfield said in a statement.