Buch said in the past nine months of the current fiscal, entities...
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IRDAI further strengthens regulatory framework, notifies 5 more regulations/amendments
These changes align with IRDAI’s broader move towards a modern,...
SC issues advisory against phishing attack impersonating official website
The notice said that the attackers were soliciting personal details...
Nokia and Schweizer Electronics deploy first ever AI-based video analytics to improve railroad crossing safety
Karsten Oberle, Head of Rail at Nokia, said: “As the first deployment of its kind in Europe, this project with Schweizer Electronics and BLT enabled us to address many of the level crossing safety issues which are at the top of priority lists for rail operators. It is...
Lloyd’s and London market insurers tap DXC Technology to transform the world’s largest insurance marketplace
John Neal, CEO of Lloyd’s said: “With the respective commitments of DXC, Lloyd’s and the entire London market, we have the capabilities to transition to a single platform solution that will provide automated processing and accounting for the market, a substantial...
Canada opens probe into Tesla’s heating system on consumer complaints
A number of Tesla owners complained that the heat pumps are failing in extreme cold temperatures, according to Drive Tesla Canada, a Tesla news provider. The report said the heating problems happened even after Tesla early last year replaced faulty sensors in heat...
Technology can democratise healthcare delivery: Cardiologist Devi Shetty
Devi Prasad Shetty,Chairman,Narayana Hrudayalaya, "If they don't need an operation, I don't need to touch them. And if I don't need to touch them, I don't need to be there. I can be anywhere. I can talk to them, get the data and explain to them what the problem is and...
Goldman Sachs says bitcoin will compete with gold as “store of value”
Citing bitcoin's $700 billion market capitalization, compared to the around $2.6 trillion worth of gold owned as an investment, Goldman Sachs said that the cryptocurrency currently has a 20% share of the "store of value" market The term "store of value" usually...
Auction of Muslim women on Indian app shows tech weaponised for abuse
Scores of Muslim women featured in-app that was taken down * Technologies such as deepfake, tracking used to harass women Victims struggle to be taken seriously, get justice An open source app on the Github platform called 'Bulli Bai' - a derogatory term to describe...
Explainer: Do 5G telecoms pose a threat to airline safety?
In the airline industry, radar altimeters, which measure altitude, operate in the 4.2-4.4 GHz range and there are concerns that there is not a big enough buffer from the frequencies to be used by the telecoms companies U.S. telecom companies and airlines have been...
France fines Google 150 million euro over cookie breaches
In its statement, the watchdog said it had found that the facebook.com, google.fr and youtube.com websites didn’t allow the refusal of cookies easily, citing Google’s video-streaming platform France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s...
Cryptocurrency crime hit record $14 Billion in 2021: Research
Overall cryptocurrency theft grew over five-fold from 2020, with around $3.2 billion worth of coins stolen last year. Around $2.2 billion of those funds, some 72% of the total, were stolen from DeFi sites Crime involving cryptocurrencies hit an all-time high of $14...
MF disclaimers should flow at same speed as rest of ad: Goyal
Piyush Goyal,Minister of Commerce and Industry and Minister of Consumer Affairs Union Minister Piyush Goyal said financial products have to pass through the prism of trust, transparency and accountability, and asked stock exchanges to be cognizant of the same to...