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Indian companies get over 5 lakh security alerts daily but 39% go unattended: Cisco

by AIP Online Bureau | Sep 19, 2018 | Indian News, Risk Management

  New Delhi: Indian companies receive over 5 lakh security alerts a day, but nearly 39 percent of these go unattended due to lack of required skill sets in organisations, a report by tech giant Cisco said.   The report, titled Cisco 2018 Asia-Pacific...

Hero Insurance Broking receives license from IRDAI

by AIP Online Bureau | Sep 19, 2018 | Indian News, Intermediaries

  New Delhi: The Insurance Regulatory and Development Authority has issued a three-year license in the “ Direct – Life & General” category to Hero Insurance Broking India Private Limited to conduct all types of General Insurance business,...

PMFBY revamped, Insurers must enroll 10% more non-loanee farmers

by AIP Online Bureau | Sep 19, 2018 | Indian News

  New Delhi: In a bid to streamline the claim settlement for farmers under the two year old PMFBY(Prime minister Fasal Bima Yojana),  the government has said the  insured farmers will be paid 12 per cent interest by insurance companies for the delay in...

CBI scrutinises India’s largest law firm Cyril Amarchand in PNB fraud probe

by AIP Online Bureau | Sep 19, 2018 | Indian News, Risk Management

  Mumbai/Delhi India’s largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by federal agents after they seized documents related to the $2 billion fraud at state-run Punjab National Bank (PNB) from CAM’s premises in February, a lawyer...

Suresh Prabhu woos Australian pension funds

by AIP Online Bureau | Sep 19, 2018 | Indian News, Pension & Social Security

  New Delhi: Commerce and Industry Minister Suresh Prabhu Tuesday sold the India growth story to Australian Superfunds to attract the rich superannuation funds, valued at a whopping 2.6 trillion Australian dollars, to the Indian markets.   The minister...
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