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Temasek Holdings sold its entire 5.42% stake in Policybazaar’s parent firm PB Fintech for Rs 2,425 cr

Temasek Holdings sold its entire 5.42% stake in Policybazaar’s parent firm PB Fintech for Rs 2,425 cr

by AIP Online Bureau | Feb 4, 2024 | Eco/Invest/Demography, Indian News, Technology

Billionaire Azim Premji’s private equity fund Premji Invest on Friday also divested a 1 per cent stake in Policybazaar’s parent firm PB Fintech for Rs 457 crore through an open market transaction Mumbai: On Thursday, Singaporean sovereign wealth fund...

At least 19 dead as forest fires approach densely populated areas of central Chile

by AIP Online Bureau | Feb 3, 2024 | Eco/Invest/Demography, International News, Risk Management

The El Nino weather pattern has caused droughts and hotter than usual temperatures along the west of South America this year, increasing the risk of forest fires. In January, more than 17,000 hectares (42,000 acres) of forests were destroyed in Colombia by fires that...
RBI cautions public against frauds in KYC updation

RBI cautions public against frauds in KYC updation

by AIP Online Bureau | Feb 3, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology

In case of financial cyber frauds, members of public should immediately lodge a complaint on the National Cyber Crime Reporting Portal (www.cybercrime.gov.in) or through cybercrime helpline (1930) Mumbai: In the wake of continuing incidents/ reports of customers...
Constant taunts over financial limitations grounds for divorce: Delhi HC

Constant taunts over financial limitations grounds for divorce: Delhi HC

by AIP Online Bureau | Feb 3, 2024 | Indian News, Wealth Management/ Philanthropy

The court observed: “Pressurising a spouse to fulfill distant and whimsical dreams clearly not within his financial reach may create a sense of persistent dissatisfaction, which would be sufficient mental strain to drain the contentment and tranquillity out of...

Europe within reach of landmark AI rules after nod from EU countries

by AIP Online Bureau | Feb 3, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

Tech lobbying group CCIA which counts Alphabet’s Google , Amazon, Apple and Meta Platforms as members, warned of roadblocks ahead Europe on Friday moved a step closer to adopting rules governing the use of artificial intelligence and AI models such as...
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