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Bima Sugam achieves financial closure, mops up Rs 340 crore from insurers and GIC Re
The Ministry of Finance has prohibited three PSU general insurers-...
Delhi’s ‘old car no fuel’ policy to kick in soon, fuel stations get cameras to scan vehicles
In March, the Delhi government unveiled its plans that fuel pumps...
DGCA restricts SpiceJet’s flights to 50% for 8 weeks
There is "poor internal safety oversight" and "inadequate maintenance actions" in the airline which has resulted in degradation of "safety margins", DGCA said During these eight weeks, the budget carrier will be subjected to "enhanced surveillance" by the DGCA New...
EV fire incidents: Consumer protection regulator issues notices to 4-5 cos
Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare said the authority will commence the hearing on this matter soon."We have issued notices to 4-5 companies. We asked them to provide reasons for series of fire incidents in EVs and why the...
Alibaba to seek primary listing in Hong Kong, adding to NYSE
Alibaba's decision to seek a primary listing in Hong Kong also comes as U.S. regulators have threatened to delist U.S.-listed Chinese companies unless they follow auditing requirements, which in turn triggered a selloff of Chinese stocks listed in the U.S. Alibaba,...
Bajaj Allianz launches usage-based motor insurance add-on cover
Pay-as-you-consume add-on cover can be opted by the customer along with the basic OD (Own Damage) plan under Package Product, Bundled and Standalone OD cover, the company said Pune: Private sector Bajaj Allianz General Insurance launched its add-on motor insurance...
NITI Aayog launches initiatives to boost electric mobility
"India is the fifth largest and fastest growing vehicle market in the world, providing massive potential for electric vehicle uptake. The shift to Zero Emission Vehicles (ZEVs) is well underway and accelerating, creating 100,000s of new e-mobility jobs, driving down...
Facebook’s growth woes in India: too much nudity, not enough women
Facebook has faced criticism globally from online safety campaigners for not doing enough to safeguard women from bullying or harassment. In 2019, the platform said it had a team of people focusing "just on making sure we are keeping women safe", using technology...
China fines Didi Global $1.2 bln for violating data security laws
The Cyberspace Administration of China (CAC) said its investigation found Didi had illegally collected millions of pieces of user information over a seven-year period starting June 2015, and carried out data processing activities that seriously affected national...
Govt implements $10-bn plan to decarbonise public transport and curb emissions
India could electrify all two-wheelers currently on the roads and complete the electrification of public buses in five to seven years, Acharya said. New Delhi: State-controlled Convergence Energy Services Ltd. is planning a $10-billion (Rs 80,000 crore) tender for...
About 13 lakh electric vehicles registered in country: Gadkari
Union Minister Nitin Gadkari Union Minister Nitin Gadkari said, according to the World Road Statistics (WRS) of the International Road Federation, Geneva, India recorded 1.5 lakh road accident fatalities in 2020, which was 26.37 percent of total road accidents...
Mindtree and Rubrik partner to launch a Unified Cyber-Recovery Platform
Greater connectivity and new innovations being used by attackers mean an ever more critical need for faster, more modern approaches to data recovery and protection. Our partnership with Rubrik will further strengthen our digital transformation offerings with enhanced...