Sanjay Joshi, CMD,Oriental Insurance Company On the claim...
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Power Assets: AI and data centre growth drive insurance demand across Asia
Lyo Foo, Head of Power, Natural Resources Asia, at Willis said, “AI...
Gemini hacked three companies in first known breakout by Google’s AI
The hacks occurred in May during a cybersecurity test conducted by...
Amit Shah to launch mobile-based disaster communication systems on May 2
The system has been extensively utilized by disaster management authorities, enabling the dissemination of over 134 billion SMS alerts, till date, in more than 19 Indian languages during natural disasters, weather warnings, and cyclonic events.To further strengthen...
FinMin asks banks to adopt MuleHunter AI tool of RBI to check cyber frauds
M Nagaraju, Secretary, DFS During the meeting he also advised State Level Bankers' Committee to sensitise the State Police Authorities about the steps taken by the banks for prevention of cyber financial frauds and undertake greater public awareness initiatives, the...
Fraudsters now exploiting e-Commerce sector at a scale similar to Jamtara banking scams: Report
An analysis of 70 million marketplace users by AI- powered risk decisioning platform Bureau, revealed that coordinated groups are now exploiting online systems at a scale similar to the Jamtara banking scams. Organised fraud networks are now systematically targeting...
EPFO to launch Aadhaar-based portal to unlock dormant PF accounts
Mansukh Mandaviya,Labour & Employment Minister The portal, E-PRAAPTI, will provide a streamlined Aadhaar-based authentication mechanism that will enable a member to access an old EPF account, which may not have a UAN (universal account number), and update their...
Transactional risk insurance gains traction in India
Aditya Samag, Private Equity and M&A Leader, Marsh India, mentioned a clear shift in India to larger, more complex transactions, particularly in high-growth sectors such as technology, healthcare, and infrastructure.In this environment, transactional risk...
WhatsApp banned 9,400 accounts involved in digital arrest scams since January this year: Centre to SC
A bench headed by Chief Justice Surya Kant, which had taken suo motu cognisance of online frauds, including digital arrests, had issued a slew of directions including asking the Reserve Bank of India , the Department of Telecommunications , and others to jointly hold...
Global fintech sector set to triple to USD 2 trillion by 2030 amid AI push: McKinsey
Global fintech revenues stood at around USD 650 billion in 2025, accounting for roughly 4 per cent of the broader financial services market. The report projects that the sector could grow to nearly USD 2 trillion by 2030 if current growth trends continue. New Delhi:...
EIP partners with Nexacore, launches end-to-end device protection to Southeast Asia
Southeast Asia is expected to remain a high-growth market for device protection and warranty solutions, as rising usage and demand for protection products drive momentum across the wider region. As a result, the Asia-Pacific electronic gadget insurance market is...
Iran war disrupts the circuit board supply chain, raises costs for tech firms
The disruption is a fresh blow to electronics manufacturers which are already grappling with soaring memory chip costs and highlights the broadening impact of the Iran war that has wreaked havoc on supply chains, plastics, and oil supplies. The conflict in the Middle...
Acko eyes $300-$500 million IPO, valued at $2.5 billion
Founded in 2016, Acko has focused on digitising insurance purchase and has relied on partnerships with online platforms and mobility companies to scale. MUMBAI: India's Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned...