Coming under the civil aviation ministry, AAIB is responsible for...
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Banks seek power to freeze accounts in illicit transactions cases to rein in cyber fraud
``Banks freeze/block accounts based on internal triggers, however,...
WhatsApp faces outage In India, Users report issues with sending messages
Earlier in the day, many people even faced difficulties while...
DGCA’s spot checks detect insufficient staff certifying planes
Before each departure, an aircraft is checked and certified by an aircraft maintenance engineer (AME). The DGCA has now issued guidelines for airlines on the deployment of AME personnel and directed them to comply by July 28. "It is also seen that airlines are...
RBI wants govt to prohibit cryptocurrencies: Sitharaman
Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman said, any legislation for regulation or for banning such currencies can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of...
Rajasthan gets AI-powered tool for fast disposal of cases at Lok Adalat
According to the statement, the platform helps one perform end-to-end dispute resolution with easy drafting and filing of applications, one-click generation of e-notices, smart templates to draft settlement agreements, digital hearings powered by tailor-made video...
Technical problem forces IndiGo plane to land in Karachi
"IndiGo flight 6E-1406, operating from Sharjah to Hyderabad was diverted to Karachi. The pilot observed a technical defect. Necessary procedures were followed and as a precaution, the aircraft was diverted to Karachi," IndiGo said in a press release New Delhi: Another...
Garuda Aerospace to assist NDRF in flood affected Gujarat, AP
The drones would be deployed to deliver food and necessary medicines to people affected by the floods in Vadodara (Gujarat) and in Guntur, Andhra Pradesh Chennai: Drone start-up Garuda Aerospace has offered its assistance to National Disaster Response Force in...
Allianz targets multinational insurance with new set-up and dedicated investments
Allianz's international corporate insurance carrier, Allianz Global Corporate & Specialty (AGCS), is strengthening its capabilities, including a new market-facing team as well as dedicated investments in data and technology, and will expand its customer services...
Twitter sues Tesla CEO Elon Musk for violating $44 billion merger deal
Elon Musk "Musk apparently believes that he - unlike every other party subject to Delaware contract law - is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away," said the lawsuit Musk said he was terminating...
Chainproof launches as the World’s first regulated smart contract insurance provider
By combining forces with SOMPO and Munich Re, global leaders in (re)insurance, Chainproof is positioned to become the world's leading regulated smart contract insurance provider Chainproof plans to offer licensed, institutional-grade insurance coverage for...
HDFC Life invests in ‘Z3Partners Tech Fund’
HDFC Life has invested in Z3Partners’ new fund named ‘Z3Partners Tech Fund’ which is a tech and digital investment focused Venture Capital (VC) fund. Z3 Partners, which is currently raising this Fund of Rs. 500 crore, has already backed best quality startups like...
Data Privacy: How Razorpay became victims of Alt News vs Delhi Police fight
For companies like Razorpay, the only hope lies in a data protection law, which has already been five years in the making. It may help them build trust if service providers are required to provide color codes indicating whether a particular piece of personal data...