91% of leaders reported that speed of deployment was the single...
Category:
Technology
Latest
Around 1.3 million transformer failures occur in India annually
In a meeting on Distribution Transformer, it has been highlighted...
DPDP Rules:Centre mulls compressing timeline cites industry’s adherence to global data norms
"So as we go forward once data protection board is put in place and...
Aditya Birla Capital to scale up life and health insurance business: Kumar Mangalam Birla
Kumar Mangalam Birla, chairman,Aditya Birla Group ``Our Health Insurance business is one of the fastest growing Standalone Health Insurance players driven by a unique ‘Health-first’ model. It also raised capital in FY23 from a marquee sovereign wealth fund, ADIA. This...
U.S. cyber insurance maintains strong profits; premium growth slows
Chicago/New York: Favorable cyber underwriting results are partly due to prior large increases in premium rates. Insurers are also being more careful in cyber risk selection and the underwriting process. They are requiring that customers maintain proper cyber hygiene...
IBISA launches climate cover for protecting Indian dairy industry from heat waves
In response to the significant decline in milk yield, estimated at 30-35% during severe heat waves, IBISA's Heat Stress Solution utilizes advanced climate metrics and satellite technology to provide vital protection for dairy farmers Bengaluru: IBISA, an insurtech...
HDI Global launches `Climate Risk Reporting’
The new service from HDI Risk Consulting GmbH, a wholly owned subsidiary of HDI Global SE, not only highlights the severity of climate risks but also provides specific data such as water depths, maximum temperatures, and duration of heatwaves, allowing companies to...
GeM portal marks over ten fold growth in two year, Rs 80K crore saved so far
With over 12,070 product categories and 320+ service categories, GeM has emerged as a one-stop solution for seamless public procurement, offering sellers and service providers across the nation an opportunity to showcase their products and services transparently New...
India preferred destination for digital investments; focus on AI, big data, and cybersecurity intensifies: Nasscom
''Nearly 90 per cent of companies have signalled plans to boost investments in key digital technology areas in 2024, including artificial intelligence (AI)/machine learning (AI/ML), big data analytics, cloud computing, cybersecurity, and intelligent automation,'' it...
Hong Kong approves first bitcoin, ethereum spot ETFs
The step comes just three months after the U.S. launched the first U.S.-listed ETFs to track spot bitcoin. The U.S. launch set an example for other regions as it has already drawn roughly $12 billion in net inflows Hong Kong: Hong Kong's securities regulator approved...
India’s passenger EV market will hot up in next 3-4 years
Now with reports of Tesla's entry in the Indian market, and its CEO Elon Musk India visit this month, experts say Indian EV market will see immense growth in next few years. Currently Tata Motors held over two-thirds of the country's EV market, but Mahindra &...
Panda wants Bima Sugam up and running by Apr 19, 2025 coinciding with IRDAI’s 25th foundation day
Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation day of the Hyderabad based regulator and IRDAI chief chosen that day to launch Bima Sugam , which is expected to usher in the `UPI moment' in the Indian insurance industry Mumbai: Debasish Panda,...
Finmin for enhanced KYC, due diligence for merchants & banking correspondents to check fraud
During 2023, as many as 11,28,265 cases of financial cyber fraud worth Rs 7,488.63 crore were reported, as per the data compiled by National Crime Records Bureau (NCRB) To strengthen the mechanism to deal with cyber crimes in a comprehensive and coordinated manner,...