“As banks, insurers and financial market infrastructures become...
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Files relating to India’s largest nuclear power plant Kudankulam exposed in data breach
Another document purports to show that Reliance Infrastructure and...
US eyes steering wheel-free cars
“If you’re developing a vehicle that is designed never to be driven...
MoRTH proposes phased rollout of cybersecurity management systems for vehicles
The Ministry of Road Transport and Highways(MoRTH), in a draft notification issued on June 22, said the proposed regulations will apply across the vehicle categories M(passenger vehicles), N (goods carriers), and T (trailers). New Delhi: The Road Transport Ministry...
India’s Renewable Energy Sector:Need to invest in climate resilience
The report by Zurich Kotak General Insurance and Zurich Resilience Solutions finds that nearly 90% of the planned renewable energy generation capacity across India is likely to face high or critical risk exposure, i.e. a ~15% to 30% chance of experiencing a major...
IRDAI launches Rs 800 cr Policyholders’ Education and Protection Fund, set to widen policyholder services
The consequences of this lack of awareness are significant. At the beginning of FY2025, insurers were holding more than ₹9,305 crore in unclaimed amounts, including maturity proceeds, death claims and surrender values. In a move aimed at enhancing policyholder...
Tesla faces lawsuit after car using driver-assistance software crashes into home, killing woman
The electric-vehicle maker’s automated technology failed to detect the end of the roadway and stop before slamming into a brick house, according to the lawsuit filed Tuesday in Texas state court. The complaint also includes a claim of deceptive marketing against the...
Bajaj Auto says ransomware attack hits systems
India's Bajaj Auto on Tuesday said a ransomware attack earlier in the day impacted the automaker and its unit Bajaj Auto Technology's systems.The company said it initiated necessary precautionary actions and protocols to mitigate the impact of the...
Tata Electronics hit by cyber breach, Apple, Tesla trade secrets exposed
"A few weeks ago, Tata Electronics identified a cybersecurity incident on some of our systems. Our response protocols were deployed immediately, and the incident has had no impact on our operations across businesses, which remain unaffected," Tata Electronics told...
IRDAI constitutes expert panel to chart AI roadmap for insurance sector
The panel, chaired by Sandeep K. Shukla, director of IIIT Hyderabad, will examine AI's impact on insurers, policyholders and the broader insurance ecosystem, with a particular focus on ethical adoption, transparency and data security. Hyderabad:Insurance regulator...
Public Insurance Registry:IRDAI ropes in former bureacrat Prakash Kumar as sr advisor
The regulator believes PIR could address one of the insurance sector's most persistent challenges: fragmented data scattered across insurers, making it difficult for policyholders to access their records seamlessly and for regulators to obtain a comprehensive view of...
Turtlemint Fintech raises Rs 397 crore from anchor investors ahead of IPO
Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi, promoters of Turtlemint ICICI Prudential Mutual Fund (MF), Mirae Asset MF, Amansa Holdings, BNP Paribas Financial Markets, Edelweiss MF, Bajaj Life Insurance, Societe Generale, ICICI Prudential Life Insurance...
Telegram moves Delhi HC against govt curbs; SG claims ‘shocking’ activities on platform
The Ministry of Electronics and Information Technology (MeitY), acting on recommendations of the National Testing Agency (NTA), issued a direction under Section 69A of the Information Technology Act, 2000, restricting access to the Telegram platform in India till June...