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India’s small exporters reel as Red Sea crisis helps rivals nab business

by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Many suppliers sign export deals on a cost, insurance and freight basis, making them responsible for any increases in freight and insurance costs New Delhi: Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair out, having just lost...

Majority of Indian enterprises have deployed AI: IBM report

by AIP Online Bureau | Feb 16, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology, Workplace/Employee Benefits

”Without the use of governance tools, AI can expose companies to data privacy issues, legal complications, and ethical dilemmas – cases of which we have already seen plaguing many across the world,” Sandip Patel, Managing Director, IBM India and South...
India Yamaha Motor recalls 300,000 scooters to rectify brake parts

India Yamaha Motor recalls 300,000 scooters to rectify brake parts

by AIP Online Bureau | Feb 15, 2024 | Indian News

The Japanese two-wheeler maker said it is recalling scooter units manufactured between January 1, 2022, to January 4, 2024, with immediate effect New Delhi: India Yamaha Motor is recalling around 300,000 units of its 125 cc scooter models Ray ZR 125 Fi Hybrid and...
Gallagher appoints Sneha Gokarn as its new CEO for India

Gallagher appoints Sneha Gokarn as its new CEO for India

by AIP Online Bureau | Feb 12, 2024 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance

Sneha Gokarn, CEO and principal officer of Gallagher, India “Sneha, who has been a board member and executive director of our business a number of years has extensive experience in both the Indian insurance market and Gallagher, and we are delighted Sneha will...

Weakening El Nino conditions raise hopes of ‘bountiful monsoon’ in India

by AIP Online Bureau | Feb 12, 2024 | Eco/Invest/Demography, Indian News, Non-Life

Weather scientists in India, tracking the developments closely, have said that La Nina conditions setting in by June-August could mean monsoon rains would be better this year than the last year.The southwest monsoon delivers about 70 percent of India’s annual...
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