Union Minister of State for Home Affairs Bandi Sanjay Kumar also...
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Sebi cracks down on finfluencers ‘Baap of Charts’ among 7 banned for up to 1 year
The recommendations were given in the garb of providing educational...
RBI asks banks to bring down inoperative accounts urgently report their numbers quarterly
Expressing concern over the rising sums of money lying in such...
RBI extends scope of tokenisation to laptops, wearable devices
Tokenisation, which aims at improving the safety and security of the payment system, refers to the replacement of actual card details with a unique alternate code called the ‘token’, which is unique for a combination of card, token requestor and identified device.
SIMS Hospital performs total jaw joint replacement surgeries using 3D printed joints
Explaining the uniqueness of the procedure, Dr K Sridhar, Director, Institute of Craniofacial, Aesthetic & Plastic Surgery, SIMS Hospital, said, “We have performed total jaw joint replacement for three different patients. In one patient, who had zero mouth opening following a jaw surgery done elsewhere, the damaged jaw bone part was replaced with an artificial part made of titanium metal. The same was done for the second patient who had complete ‘ankylosis’ (immobile joint) of temporomandibular joint (TM joint), which acts like a sliding hinge, connecting jawbone to skull. This patient also had the complaints of sleep apnoea (snoring and sleep disorder due to less oxygenation) and hypoplasia of jaw bone (smaller than normal jaw bone). For this patient, first the jaw bone was lengthened with distraction and later total joint replacement was performed.
QubeHealth partners with OboPay to launch 0% pre-approved medical credit for corporate employees
The product has been rolled out to a select group of 150 large companies employing over 1,50,000 people in India, as part of their Employee Health Benefits program and activated across 735 towns/cities.
Chris George, CEO & Co-Founder of QubeHealth, says, “Employee-Healthcare is now center-stage conversation for companies across India and HR teams have wanted to provide a comprehensive solution to their team’s families as they navigate their way through the pandemic. By facilitating emergency healthcare funds on tap, at no cost of capital, Employees will now have the flexibility to make better healthcare choices and augment any company-paid health insurance.”
Ki appoints Richard Hodgson as its chief technology officer
Mark Allan, CEO, Ki said: “At Ki, we are taking a technology first approach to underwriting. We are therefore delighted that Richard joins Ki in the newly created role of CTO. Richard will bring an entrepreneurial approach and proven experience in scaling technology in a high-growth business as we look to continually explore new opportunities to provide a best-in-class and differentiated digital service to the market.”
Xiaomi to offer full spectrum of financial services, adds insurance vertical to its India platform
Xiaomi is adding insurance vertical to its platform as well as expanding the lending category with the addition of offerings like gold loans and credit line cards.
Xiaomi India Financial Services Head Ashish Khandelwal said Xiaomi has partnered with ICICI Lombard to curate a health insurance product.
Xiaomi also has a cyber insurance offering, and more than 25,000 customers have been covered so far.
”Going ahead, insur-tech is another proposition that we are working on in a curated manner in partnerships,” he added.
Indian tops global cyber attacks on education sector: Report
“In India, schools, universities and research centres make for attractive targets to cyber criminals because they are often under resourced from a security perspective. The short-notice, on-and-off shift to remote learning exacerbates the security risk,” said Sundar Balasubramanian, Managing Director, Check Point, India and SAARC.
Startups raised $6.5 bn in Apr-Jun period, 11 new unicorns created: Report
The biggest deal during the quarter was the USD 800 million fund raise by food delivery platform Swiggy, followed by ShareChat (USD 502 million), Byju’s (USD 340 million), PharmEasy (USD 323 million) and Meesho (USD 300 million), the report said.
“The Indian startup ecosystem that generated 53 unicorns till June 2021 has made great strides in the April-June quarter. From recording most funding deals to adding the most number of unicorns in a quarter, investors’ confidence in good-quality digital businesses has strengthened like never before,” PGA Labs Director, Competitive Intelligence Abhishek Maiti told PTI.
Mosaic Insurance and DXC Technology launch innovative technology platform for Specialty Insurance
Together with DXC’s business-process expertise and technology, Mosaic, a next-generation global specialty insurer, will refine underwriting, simplify transactions, and process claims and assess risks faster.
Mosaic also streamlines end-to-end processing and provides real-time access to data.
T-Mobile says hackers accessed data of another 5.3 million subscribers
The data includes address, date of birth and phone numbers of customers, the company said, adding that it had no indication that the accessed data contained financial information such as credit card or other payment data.
Class action against 9 firms for falling to refund payments during coronavirus pandemic
CCPA was formed in 2020 under the Consumer Protection Act. It has the mandate to regulate matters related to unfair trade practices, consumer rights, and false or misleading advertisements.
Indian companies have been issued instructions to comply with the CCPA orders.