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Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud

Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud

by AIP Online Bureau | Oct 16, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

The victim transferred Rs 58 crore through RTGS in multiple bank accounts within a span of about two months.He later realised that he had been cheated and approached the cyber police with a complaint, the official said Mumbai: A 72-year-old businessman in Mumbai has...
FAIR 2025: GIC Re to host 29th FAIR in Mumbai, Over 700 global delegates to celebrate 60 yrs of Afro-Asian bonding

FAIR 2025: GIC Re to host 29th FAIR in Mumbai, Over 700 global delegates to celebrate 60 yrs of Afro-Asian bonding

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Ramaswamy Narayan, CMD, GIC Re, observed,“Hosting the 29 th FAIR Conference in October 2025 is a profound honour that reflects our commitment to global partnership” Momen Mukhtar, Secretary General, FAIR, said : “For sixty years, the Federation of Afro-Asian...
Mumbai rained out; air, road, rail services hit; 500 evacuated after Mithi level rises

Mumbai rained out; air, road, rail services hit; 500 evacuated after Mithi level rises

by AIP Online Bureau | Aug 19, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News

“Mumbai has witnessed a record rainfall of nearly 300 mm. The city’s lifeline — suburban trains — have slowed down. The Mithi river (which runs through Mumbai) reached the danger-level mark and 400 to 500 persons had to be evacuated,”...

FM expands footprint in India with new innovative centre in Bengaluru and sales office in Mumbai

by AIP Online Bureau | Jul 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Complementing the Bengaluru expansion, FM will also open a new sales office in Mumbai later this year. The Mumbai office will help the company strengthen its presence in the country’s financial capital, bringing it closer to key clients and decision-makers Bengaluru:...

32 airports shut till May 15 as tensions escalate between India-Pakistan

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

All civil flight activities at these airports will remain suspended during this period. The Airports Authority of India (AAI) has also extended the temporary closure of 25 segments of Air Traffic Service (ATS) routes within the Delhi and Mumbai Flight Information...
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