GIFT City's overall rating improved, underscoring increasing...
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IRDAI tightens fraud control measures for re/insurers and distribution partners, to be implemented from next Apr 1
All insurers have to share with Insurance Information Bureau (IIB)...
Indian Healthcare: Transparency Drives Patient Choice
``Establishing a central authority to create, enforce and celebrate...
Centre to boost EV Infra, new bio-manufacturing scheme in the offing: FM
Finance Minister Nirmala Sitharaman said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units free electricity every month that will result in savings of Rs 15,000 to 18,000 annually for households New Delhi: As Elon Musk looks...
Microsoft warns other firms of Russian-sponsored group in email hacking
The hackers — a group known as Midnight Blizzard or Cozy Bear — have been identified by Microsoft’s Threat Intelligence team as the same cyber-espionage group that “has been targeting other organizations,” according to the blog post from Microsoft Microsoft Corp. said...
PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3
Revenue from operations rose nearly 43 per cent to Rs 871 crore as proceeds from its insurance broker services more-than-doubled Mumbai: PB Fintech, the parent of online insurance aggregator Policybazaar, reported on Tuesday its first quarterly profit since listing,...
Bajaj Finserv acquires Vidal Health Insurance TPA
Vidal Health Insurance TPA Pvt Ltd (VHITPA), services premium of over Rs 5,000 crore, covering 130 million lives. The acquisition now enables Bajaj Finserv Health, a subsidiary of Bajaj Finserv of to offer OPD, wellness, as well as hospitalization benefits to...
HDI Global adopts generative AI with proprietary GPT system
"With HDI-GPT we are for the first time looking to generative AI for the transformation of core insurance processes and for workflow optimisation," Dr Thomas Kuhnt, Chief Operating Officer at HDI Global SE Hannover: Creating added value through artificial intelligence...
Toyota holds lead as world’s No. 1 carmaker for 4th yr
While 2023’s full-year figures cement Toyota’s dominance, it was China’s BYD Co. that arguably generated the most buzz last year when it surpassed Elon Musk’s Tesla Inc. as the world’s top maker of electric cars. Shenzhen-based BYD, which only sells EVs and plug-in...
Toyota warns 50,000 vehicle owners to stop driving, get immediate repairs
More than 30 deaths worldwide, including 26 U.S. deaths, and hundreds of injuries in various automakers' vehicles since 2009 are linked to Takata air bag inflators that can explode, unleashing metal shrapnel inside cars and trucks Washington: Toyota Motor said on...
Musk’s Neuralink implants brain chip in first human
Elon Musk ``Neuralink’s first product would be called Telepathy. It will enable “control of your phone or computer, and through them almost any device, just by thinking. The product’s initial users will be people who have lost the use of their limbs. Imagine if...
Italian regulator notifies OpenAI about violating Europe’s privacy laws
Confirmed breaches of the pan-EU regime can attract fines of up to 20 million euros, or up to 4 per cent of global annual turnover, reports TechCrunch London: The Italian regulator on Monday notified Sam Altman-run OpenAI about breaching European data privacy law,...
Howden launches first-of-its-kind carbon capture and storage insurance facility
The insurance facility, designed by Howden and led by SCOR’s syndicate at Lloyd’s, provides cover for environmental damage and loss of revenue arising from the sudden or gradual leakage of CO2 from CCS projects into the air, land and water London: Howden today...