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IRDAI approves swap of Mitsui Sumitomo’s Max Life stake with its listed parent

by AIP Online Bureau | Nov 28, 2020 | Eco/Invest/Demography, Indian News, Life

  New Delhi: Max Financial Services Limited (MFSL) announced that Insurance Regulatory and Development Authority of India (IRDAI) has approved the proposed the share swap transaction facilitating transfer of 39,47,75,831 equity shares constituting 20.57% of the...

WHO says would be ‘highly speculative’ to say COVID did not emerge in China

by AIP Online Bureau | Nov 28, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

GENEVA: The World Health Organization’s top emergency expert said on Friday it would be “highly speculative” for the WHO to say the coronavirus did not emerge in China, where it was first identified in a food market in December last year. China is...

Tesla could widen release of ‘self-driving’ software in two weeks

by AIP Online Bureau | Nov 28, 2020 | Eco/Invest/Demography, International News, Technology

  Tesla Inc Chief Executive Officer Elon Musk said on Friday there will probably be a wider roll out of a new “Full Self Driving” software update in two weeks. In October, Tesla released a beta, or test version, of what it calls a “Full Self...

Surge in cyber attacks on Indian vaccine makers in Oct-Nov: Report

by AIP Online Bureau | Nov 28, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: There has been a massive surge in cyber attacks against the India vaccine makers and hospitals in the month of October and December, a new report warned on Friday. According to latest research by New Delhi-based think tank CyberPeace Foundation, nearly 80...

SMBs that quickly disclose hacking face 40% less financial loss

by AIP Online Bureau | Nov 28, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: The small and medium businesses (SMBs) that decide to voluntarily inform about a data breach, on average, are likely to lose 40 per cent less financial damage than their peers that saw the incident leaked to the media, according to a new report. The...
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