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Meta’s social media settlement leaves its money machine unscathed
Beyond a wave of lawsuits globally claiming it knowingly sought to...
IndiaFirst Life redrafts its IPO plans, to deploy Salesforce Agentforce for AI overhaul
Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life...
TCS wins multimillion-euro AI powered services transformation deal with Canada Life
As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life’s data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience,...
Govt agencies, private companies among Indian entities given access to Anthropic’s Mythos
Described as a "collaborative effort to secure the world's most important software", Project Glasswing is Anthropic's initiative aimed at strengthening cybersecurity by giving select organisations access to Claude Mythos Preview, an advanced AI model that can identify...
RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities
"We have issued the required advisories. We remain fully prepared in terms of handling cyber security threats of this nature as well as conventional threats," RBI Deputy Governor Swaminathan J said Mumbai:The Reserve Bank of India (RBI) on Friday said it is fully...
Kiwi General Insurance launches operations
“Indian consumers have a real trust deficit in insurance. With Kiwi, we're using technology and AI to solve the problems of affordability, reach, and convenience,“ Nilesh Garg,chairman,founder, Kiwi Insurance Mumbai:Bengaluru based Kiwi General Insurance, backed by...
Anthropic calls for pause of global AI development
The company has faced pushback from others in the industry - and officials in the White House - who say its focus on worst-case scenarios overstates the risks and amounts to a strategy for slowing rivals under the cover of safety concerns. Artificial intelligence...
Maruti Suzuki unveils India’s first flex-fuel car as govt pushes for greater ethanol mix in petrol
From left, Maruti Suzuki India MD and CEO Hisashi Takeuchi, Union Road Transport and Highways Minister Nitin Gadkari and Union Petroleum and Natural Gas Minister Hardeep Singh Puri during the launch of the company's first flex fuel car, in New Delhi, Thursday, June 4,...
Agriculture Insurance Company settles Rs9,571 cr of claims, benefits more than 1.75 crore farmers in FY26
AIC strengthened its technology-enabled insurance ecosystem through the use of advanced analytics, geospatial technologies, satellite imagery, remote sensing and AI-based tools, Lavanya Mundayur,CMD, Agriculture Insurance Company New Delhi:State owned Agriculture...
Insurers underestimating earthquake losses due to “sonic boom” blind spot:MS Amlin
Researchers at the Lloyd’s insurer found so called “supershear” earthquakes accounted for 66% of insured losses from earthquakes since 2016 – equivalent to $13.2 billion - yet are absent from seismic hazard models, building design codes and insurance catastrophe...
Munich Re appoints new Cyber Heads for Asia-Pacific and Africa markets
“While mature markets benefit from broader claims experience and greater transparency, limited loss data in less mature markets should not be mistaken for lower malicious or non-malicious exposure.These markets require even stronger underwriting discipline and careful...
Aon expands its global capability centre in Bengaluru
“India continues to play a critical role in our global operations, and this investment reflects our long-term commitment to growing our capabilities here. By expanding our presence with a modern, highly collaborative environment, we are strengthening connectivity,...