The cuts affect simple and repetitive tasks in telephony and claims...
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Aon appoints Nick Fraccalvieri as CEO of global facultative for its Reinsurance Solutions
In his new role, Fraccalvieri will be responsible for setting the...
Govt discussing age restrictions with social media platforms:Vaishnaw
"Right now we are in a conversation regarding deepfakes, regarding...
India to shift to ‘smartphone era’ for cars embracing 5G, advanced AI in 2025: Report
Most cars priced at Rs 20 lakh and above will feature these technologies as standard. The cumulative revenues from automotive chipset companies have already surpassed USD 1.5 billion, with companies like Qualcomm and MediaTek leading the market India is set to enter a...
UNESCO, IT Ministry host multi-stakeholder consultation on safety, ethics in AI
S Krishnan, secretary, MeitY, highlighted the critical role of the Digital Personal Data Protection Act in advancing responsible AI practices and reaffirmed India’s active participation in international AI forums to balance innovation with regulation New Delhi: India...
Digital media platforms must curb fake news, safeguard democracy: Ashwini Vaishnaw
Union Electronics and IT Minister Ashwini Vaishnaw ,Union Electronics and IT Minister "The spread of fake news undermines trust in the media and poses a threat to democracy," the minister said New Delhi: Calling for accountability in digital media to combat fake news...
Bharat Panchal appointed as chief risk, security, and stakeholder management officer of Bima Sugam
In another key appointment, Bima Sugam India Federation has appointed Bharat Panchal, a three-decade IT veteran having experience in fintech, banking, and telecommunications sectors, as its chief risk, security, and stakeholder management officer. Recently, Prasun...
Cloud investments: Majority of banks and insurers struggle to maximize the value
“Cloud adoption should be viewed as the start of a transformative journey that fuels long-term business growth, rather than the end game or destination. What’s clear from our research is that while the technology is seen by financial institutions as a building block,...
SC junks PIL raising security concerns of communications through Whatsapp, Telegram
The PIL said that vulnerability in the Android applications violated several fundamental rights, including the right to privacy, right to freedom of expression, right to reputation and dignity, and right to fair investigation and trial, by unauthorised replacement of...
Govt to probe e-scooter maker Ola Electric over service, product standards
Following a review of Ola's responses, the agency asked BIS to conduct a detailed investigation into the matter, consumer affairs secretary Nidhi Khare said Thursday New Delhi: The Bureau of Indian Standards (BIS) will investigate e-scooter maker Ola Electric's...
NBSL launches NPS contributions via payments app
NPCI BHIM Services (NBSL), a wholly owned subsidiary of National Payments Corporation of India (NPCI), on Wednesday launched National Pension System (NPS) contributions through the payments app. BHIM users can now contribute to their existing NPS accounts with ease,...
“Reinsurance capacities in India may be required only for property, agri and specialty lines like aviation & cyber”
N Ramaswamy, CMD, GIC Re The effort from the Regulator is to create a more conducive environment for doing business as well as to attract more players to set up shop in India. The Indian market is in a stage of big growth and it will need huge capital resources from...
Assessing AI: 73% of enterprises have launched AI, 52% of deployments achieving business value, Infosys Survey
Sumit Virmani, EVP and Global Chief Marketing Officer, Infosys, said: "CMOs face the dual challenge of fueling growth in the short-term while articulating the value of their brand investments in the medium term. They recognize AI's, especially generative AI's,...