Retail and consumer, IT & ITES, banking and financial services,...
Category:
Technology
Latest
SBI to launch centre for financing AI, fintech, e-commerce industries
The project will help diversify the work of the bank’s project...
American Airlines jet engine catches fire after landing in Denver, passengers evacuated
The engine fire is the latest in a series of high-profile aviation...
“Mahindra Insurance Brokers- BigHaat” alliance to offer health and motor covers to farmers
Mumbai: Mahindra Insurance Brokers Limited (MIBL) in a partnership with BigHaat, India’s leading Agri Digital Platform, will offer financial solutions to the informal Agri segment of India’s workforce.. Mahindra Insurance Brokers will offer health and motor insurance...
German Insurtech Wefox seeks funding at over $5 billion value
Wefox has carved out a different niche in the insurtech space, opting to distribute its insurance policies through a network of agents rather than hawking its products directly to consumers like some other startups The latest fundraising comes amid a challenging...
Tata Nexon EV catches fire in Mumbai
"This is a first incident after more than 30,000 EVs have cumulatively covered over 1 million km across the country in nearly four years. A detailed investigation is currently being conducted to ascertain the facts of this isolated incident.We will share a detailed...
Electric vehicles could take 33% of global sales by 2028-AlixPartners
EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022 To support that demand, automakers and suppliers now expect to invest at least $526 billion on EVs and batteries from 2022-2026, the firm said at its annual...
Irdai mulling to extend testing period under Regulatory Sandbox mechanism to 3 yrs
"Here we now realise that this has to be a continuous process, the period for which they are allowed to test such products in the market is only limited to six months. We are now proposing to expand that period to even up to three years, particularly for life...
UN launches new app to help beat skin cancer
“The SunSmart Global UV App provides five-day UV and weather forecasts at searchable locations”, said Carla Drysdale, spokesperson for WHO. While speaking today at a briefing at the United Nations in Geneva, Ms. Drysdale added that “it highlights time slots when sun...
Cyber attacks in India see quantum jump, says Amit Shah
Amit Shah,Union Home Minister ''In 2012, a total of 3,377 cyber crimes were reported and it has gone up to 50,000 in 2020. The number of cyber crimes which were not reported could be in lakhs. We are resolved to create the most secured cyber atmosphere in the world,''...
Govt to bring legal changes, regulations needed for greater social media accountability: Vaishnaw
IT minister Ashwini Vaishnaw Internet on mobile phones and social media platforms have brought powerful and transformative changes, but it must come with realisation of responsibilities, the minister said emphasising that social media and digital world needs to be...
Govt declares ICICI, HDFC, NPCI’s IT resources as critical information infra
''Looking at the recent sophisticated cyber attacks, it is high time all the banks and financial institutions get themselves notified as a protected system.''Similarly, the control system of all the electricity, oil, airports, railways, metros and transport systems...
Bitcoin slides below $20,000 to lowest since December 2020
"Breaking $20,000 shows you that confidence has collapsed for the crypto industry and that you're seeing the latest stresses," said Edward Moya, Senior Market Analyst, The Americas OANDA, on Saturday. Moya said that "even the loudest crypto cheerleaders from the big...