The implementation of Bima Sugam is going as planned and is now...
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Project DIVE: LIC launches Marketing Tech platform to power next-generation customer engagement
Siddhartha Mohanty, CEO & MD, LIC, said, "With the launch of...
I-T Bill powers taxmen to override computers, virtual digital space access codes in search, seizure
As per the Bill, virtual digital space encompasses any digital...
Ransomware top threat for Indians in 2021, crypto scams surge
"Attackers' methods are becoming more sophisticated. Cybercriminals are using techniques that make them harder to spot and carrying out more personalised cyber attacks. They are also adding new spins on tried and tested techniques, especially in social engineering...
Govt must ensure code of ethics are followed in digital media space: Parl panel
The panel observed that social media platforms, like Facebook, WhatsApp, Instagram, Twitter, etc. have placed journalism in the hands of the citizens. Citizens use their personal recording devices including cell phones to capture events and post them on the internet,...
Zurich introduces vehicle protection products for eVs
An electric vehicle operates on an electric circuit run by computers. Repairs on items such as an electronic display screen can cost thousands of dollars. A high-voltage battery is one of the most expensive components in an EV with average replacement costs of $5,500....
U.S. tightens travel rules as more countries secure borders to quell Omicron
Investors remained on edge on Wednesday, even as financial markets came off lows plumbed a day earlier following remarks by the CEO of Moderna that raised questions about the efficacy of COVID-19 vaccines against Omicron. In an attempt to stave off hasty border curbs,...
China sets rules to safeguard drivers’ rights in ride-hailing industry
In a statement, the transport ministry said ride-hailing companies should improve income distribution mechanisms. It also said anti-monopoly measures will be stepped up against such companies and a “disorderly expansion of capital” will be prevented in the sector.The...
Majority of urban Indians comfortable with automation at homes, online shopping: Report
Almost half of (47 per cent) the consumers in India think that the banking and financial services will be more profoundly impacted by AI, followed by manufacturing (44 per cent), education (42 per cent) and communications (41 per cent), the report noted. Among urban...
DBS Bank India introduces an industry-first digital & paperless trade financing solution
The bank now digitally validates the e-Way Bill (i.e. proof of movement of goods) for the purpose of establishing the genuineness of underlying trade transactions. The adoption of this approach has enabled DBS to process transactions quicker without the need to obtain...
WTW unveils new partnership to develop digital solution for to global insurance market
Combining Willis Towers Watson’s Radar Live with CodeEast's ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
HDI Global insures mobile crypto wallets from Hoyos Integrity
"Increasingly high-value assets are being stored in digital form as a result of the boom in cryptocurrencies. As such, hot wallets are therefore more and more often the target for hacker attacks.Through our insurance solution for Hoyos we are making an important...
Construction companies to see robust growth and “new age” risks post-Covid:ALLIANZ
“Covid-19 has brought about a new age for the construction industry,” says Yann Dreyer, Global Practice Group Leader for Construction in the global Energy & Construction team at AGCS. “While construction projects continued during the pandemic, and further growth...