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Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

by AIP Online Bureau | Aug 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life

“For about two years, the industry has grown substantially. One year of consolidation is expected, so this year would be flattish. Hardly any growth can be expected in the passenger vehicle industry this year” Amit Hiranandani, automobile sector lead...

Small Indian banks back online after ransomware attack, payments authority says

by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The attack had affected C-Edge Technologies, a technology service provider to the banks. India has about 1,500 cooperative and rural regional banks, which largely serve customers in hinterland areas, one-fifth of which were affected by the attack MUMBAI: Nearly 300...
Govt formulates cashless treatment scheme for road crash victims Gadkari

Govt formulates cashless treatment scheme for road crash victims Gadkari

by AIP Online Bureau | Aug 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Nitin Gadkari, Union Minister of Road Transport and Highways of India In a written reply in the Lok Sabha, Union Minister Nitin Gadkari said under the scheme, the eligible victims are administered health benefit packages relating to trauma and polytrauma care at...
Boeing 737 MAX in India: No engine failures, Govt says

Boeing 737 MAX in India: No engine failures, Govt says

by AIP Online Bureau | Aug 1, 2024 | Data, Risk Management, Technology

Out of the total fleet of 56 Boeing 737 Max aircraft registered and operating in India, he said there has been one recent occurrence in May 2024 on B737 Max aircraft of SpiceJet, wherein engine No 2 oil filter bypass light illuminated New Delhi: As many as 56 Boeing...
UIDAI can be asked to disclose data of missing person to court in exceptional cases: HC

UIDAI can be asked to disclose data of missing person to court in exceptional cases: HC

by AIP Online Bureau | Aug 1, 2024 | Indian News, Risk Management, Technology

The bench referred to the Supreme Court’s K S Puttuswamy judgment in which the right to privacy was held as a fundamental right and said it is a settled proposition that the data provided to the UIDAI while making an Aadhaar card is private and personal information of...
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