Siddhartha Mohanty, CEO & MD, LIC One Man Office (OMO), offered...
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Bima Vahak’s portal is ready for soft launch in April, says IRDAI
The implementation of Bima Sugam is going as planned and is now...
Project DIVE: LIC launches Marketing Tech platform to power next-generation customer engagement
Siddhartha Mohanty, CEO & MD, LIC, said, "With the launch of...
Elon Musk launches $43-bn hostile takeover of Twitter
Elon Musk After his stake became public, Musk immediately began appealing to fellow users about prospective moves, from turning Twitter’s San Francisco headquarters into a homeless shelter and adding an edit button for tweets to granting automatic verification marks...
China warns of NFT-related financial risks
Although NFTs could contribute to China's digital economy, they could also lead to speculative trading, money laundering, and illegal financing, said the trio, who also issued a joint ban on cryptocurrency trading last year NFTs must not be used in the issuance of...
U.S. says advanced hackers have shown ability to hijack ‘multiple’ industrial control systems
An executive at Dragos, the cybersecurity firm that helped uncover the cybersabotage tool used by the hackers, said the tool was "highly capable" and had likely been in the works for several years. "It is as dangerous are people are making it out to be," Dragos...
OIL gets Rs 57cr ransom demand from cyber attacker
''After their preliminary investigation, it came to their notice that OIL's network, server and clients' PCs are facing network outage.Further, it also came to their notice that cyberattacker has demanded USD 75,00,000 as a ransom through a note from the infected...
Munich Re Life US to acquire a health information exchange
In line with Munich Re’s digital strategy and commitment to helping our life insurer clients grow their business intelligently, Munich Re’s acquisition of Clareto will enable Munich Re to structure EHRs for optimal use in life insurance underwriting. NEW YORK: Munich...
Fire incidents in electric vehicles unlikely to impact EV sales in long-term: Crisil
''It may have a near-term impact which is a little negative but over the long-term, I don't think this is going to be an impediment (in EV sales). This is a new age industry and any such industry will find teething issues,'' said Hemal Thakkar, Director at Crisil, at...
India’s crypto exchanges block deposits via state-backed system, stir alarm
No official data is available on the size of the Indian crypto market, but industry estimates suggest investors number from 15 million to 20 million, with total holdings of about 400 billion Indian rupees ($5.25 billion) Mumbai: Big Indian crypto exchanges CoinSwitch...
Munich Re partners with OneDegree to launch digital asset insurance in Hong Kong
OneInfinity is an insurance and technology product offering designed specifically for digital asset trading platforms, custodians, asset managers and technology providers Under this partnership, Munich Re will provide reinsurance capacity and support OneDegree's...
For 3rd quarter in row, startup funding crosses $10 bn in Q1, creates 14 unicorns
Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report Amit Nawka, the startups leader at the consultancy, told PTI that despite uncertainties in the global economic...
HDFC Life,ICICI Pru Life and Max Life emerge as top Indian life insurance brands: Hansa Research
HDFC Life, ICICI Prudential and Max Life Insurance are in the top three scorers in terms of brand NPS as they have been more successful in providing faster and increased communication and post-sales customer support by adopting digital technology. This shows that...