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Investment Advisers, Research Analysts should disclose AI tool usage to clients: Sebi
"With technological innovations and advancements, many AI tools are...
Google to expand AI initiatives in India, targeting language barriers, agricultural efficiency
Abhishek Bapna, Director of Product Management at Google DeepMind,...
EU expert group at odds over how to resolve tech, carmakers’ patent dispute
Tech firm Nokia and automaker Daimler are locked in battle in German courts over the level of royalties for key navigation and communications technologies and who should pay them.
The issues are relevant for the wider digital and electronics sectors and internet-connected devices in energy, health and smart manufacturing, prompting EU regulators to look into the matter.
Facebook working on smartwatch with focus on messaging, fitness: Report
Facebook is aiming to start selling its smartwatch next year, with a second-generation planned for as soon as 2023.
Creation of health ID under NDHM not mandatory for citizens: Ashwini Choubey
On August 15, 2020, Prime Minister Narendra Modi announced the NDHM, following which NDHM pilot mode was launched in the Union Territories of Chandigarh, Ladakh, Dadra and Nagar Haveli and Daman and Diu, Puducherry, Andaman and Nicobar Islands and Lakshadweep. The budget allocated for the NDHM for 2020-21 is Rs 30 crore, Choubey said in a written reply to a question in the Lok Sabha.
ICICI Lombard launches “Corporate India Risk Index”
Bhargav Dasgupta, MD & CEO, ICICI Lombard said “Effective risk management starts with having quantifiable risk measurement tools. As we embrace risk mitigation practices, we must have these basic building blocks in place.This initiative will empower India Inc. to gauge risks better, understand their level of preparedness and accordingly adopt effective risk management practices.”
Satishwar Balakrishnan elevated as MD &CEO of Aegon Life Insurance
Balakrishnan, on his appointment, commented, ““Our pioneering foray into digital has been validated over the years and especially in the current scenario where the rest of the industry is now shifting its focus on digital processes. My focus will be on advancing our ‘Do-it-yourself’ insurance solutions and make them available at affordable costs and to make our entire insurance portfolio a one-click solution for our customers,” added Balakrishnan on his new role.”.
Twitter says will not fully comply with India govt orders to take down some accounts
The government has played hardball, sending Twitter a notice of non-compliance last week that threatens its executives with jail terms of up to seven years and the company with fines if it does not block the content. Twitter said it had suspended more than 500 accounts that were engaging in clear examples of platform manipulation and spam, and had also taken actions on hundreds of others that breached its rules relating to the inciting of violence and abuse.
Personal care, Beauty and Wellness segment leads in E-commerce volume Q4 2020: Report
Partner, Kearney, Siddharth Jain, said”The Personal Care, Beauty & Wellness category is an incredibly interesting area of growth online, as it has seen stupendous volume growth of over 95 per cent in Q4-2020, as compared to the same period last year”.
AXA XL appoints new global chief underwriting officer for Cyber
New Delhi: AXA XL announced that Michael Colao has joined as Global Chief Underwriting Officer, Cyber, reporting to the recently promoted Global Chief Underwriting Officer for Financial Lines, Libby Benet. Commenting on the development,Benet said: “Michael...
Lloyd’s launches global resilience platform for systemic risks
“The COVID-19 pandemic has shown that a hypothetical systemic risk, is never far from becoming a reality and that we must do everything we can to prepare and mitigate against the worst impacts of the constantly changing and challenging risk landscape,” commented John Neal, CEO of Lloyd’s.
IRDAI asks insurers to promote Govt’s Digilocker for e-storing their policy documents
Digilocker is an initiative under the Digital India program by the Government of India where citizens can get authentic documents/ certificate in digital format from original issuers of these certificates.
The insurers should inform their retail policyholders about Digilocker and how to use it. Insurers are also advised to enable the process by which the policyholders can place their policies in the digilocker., said the IRDAI.
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