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Patrick Tiernan appointed as Lloyd’s CEO
Patrick Tiernan, CEO-designate, Lloyd's “My primary focus will be...
GI Council set to launch Motor Insurance reforms
Though the details of the Motor Insurance agenda is yet to be...
ACKO acquires digital health platform in maternity & child health space
The platform, combined with ACKO's core insurance offering, will deliver personalised content and services to enable better healthcare choices, informed decisions, and improved outcomes Bengaluru: ACKO on Thursday has acquired Parentlane, a digital health platform in...
Health ministry approaches CERT-In over hacking attempt of its website
Cyber security experts from CloudSEK have claimed that Russian hacker group ‘Phoenix’ targeted the website and managed to get access to the ministry’s Health Management Information System portal and has details of all the hospitals of India, employees and and...
Google’s ‘castle and moat’ strategy is data hegemony: CCI tells NCLAT
On Thursday, Venkataraman submitted that Google had used its money-spinning search engine as the 'castle' and the rest of the other apps to play the defensive role of 'moat' This 'castle and moat' strategy is data hegemony, which means a big market player tends to get...
Echo Re leverages ADEPT to drive efficient data exchange with Aon in Asia
ADEPT (ACORD Data Exchange Platform and Translator) facilitates real-time data exchange, translation, and transformation. It integrates with existing platforms, portals, and infrastructure to connect trading partners around the world, regardless of their existing...
Bitcoin jumps to highest since June as rally gathers pace
Major cryptocurrencies have been buoyed in recent days by U.S. authorities announcing plans to limit the fallout from the collapse of Silicon Valley Bank (SVB). U.S. authorities' action helped stabilise the major USDC stablecoin, whose issuer Circle had deposits of...
Govt plans new security testing for smartphones, crackdown on pre-installed apps
India's IT ministry is considering these new rules amid concerns about spying and abuse of user data, said a senior government official "Majority of smartphones used in India are having pre-installed Apps/Bloatware which poses serious privacy/information security...
Over $70 bn wiped off global crypto market, Bitcoin drops below $20,000
Two crypto-friendly banks Silvergate Capital and Signature Bank collapsed last week, and billions of dollars belonging to crypto exchanges got stuck. New Delhi: The collapse of three banks in the US, including the giant Silicon Valley Bank (SVB), within a week has...
Meity forms task force to draft IndiaAI roadmap by Apr end
Rajeev Chandrasekhar,Minister of State for Electronics and IT Minister of State for Electronics and IT Rajeev Chandrasekhar after consultation with startups and IT companies working on artificial intelligence announced setting up of an IndiaAI platform which will...
E-rupee worth over Rs 130 crore in circulation: Sitharaman
It is being distributed through financial intermediaries, i.e., banks. Users can transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones/devices. Institutional merchants like retail chains, petrol pumps etc. have also...
Billions worth of crypto trades at risk as shutdown of 3 banks takes toll
Liquidity, or ease of trade, for Bitcoin-to-dollar and Bitcoin-to-Tether transactions on some US exchanges has dipped between 35% and 45% from the beginning of March to Saturday, according to research firm Kaiko. Meanwhile, crypto companies have been scouring for...