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Facebook Facing Potential Multi-Billion Dollar Liability in Biometric Litigation

by AIP Online Bureau | Apr 18, 2018 | International News

  Facebook Inc. may have to pay a real price for claims it invaded users’ privacy: billions of dollars.   A federal judge ruled Monday that millions of the social network’s users can proceed as a group with claims that its photo-scanning technology violated an...

Peak hours in Delhi, Mumbai, Bengaluru, Kolkata costing $22 bn a year:BCG Study

by AIP Online Bureau | Apr 18, 2018 | Data

The top four Indian cities are today 149 per cent more congested than comparable cities in Asia and the country is losing over $22 billion a year in peak traffic hours compared to travel time during non-peak hours in those cities, an Uber-commissioned study revealed...

With 32 pc growth in new business, HDFC Life’s net profit rises by 24 pc to Rs 11.1 bn in 2017-18

by AIP Online Bureau | Apr 18, 2018 | Indian News

Mumbai: HDFC Life, which has seen its total premium growing by 21 per cent to Rs 235.6 billion,has recorded a 24 per cent jump in its profit after Tax (PAT) to Rs11.1 billion during 2017-18.   The company's insurance profit (policyholder...

AUM of pension fund industry grows by 38 pc to Rs 2.40 trn in 2017-18:PFRDA Chief

by AIP Online Bureau | Apr 18, 2018 | Indian News, Pension & Social Security

Mumbai: Showing a substantial pick-up, the total assets under management(AUM) of the pension fund players – operating in   the National Pension System (NPS ) and as regulated by the the Pension Fund Regulatory and Development Authority (PFRDA)- have gone up...

8 dead, several injured as massive storm hits Kolkata, suburbs

by AIP Online Bureau | Apr 18, 2018 | Indian News

KOLKATA: Eight people were killed and several others injured on Tuesday after strong winds of up to 98 km per hour hit the West Bengal capital and its adjoining areas, disrupting public transport and traffic, officials said. Unconfirmed sources, however, put the death...
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