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Britain’s JLR hit by cyber incident that disrupts production, sales
The automaker is the latest British company to be hit by a cyber security incident in recent months amid a surge in cyber and ransomware attacks globally, as increasingly sophisticated threat actors disrupt operations and compromise sensitive data. Jaguar Land Rover's...
$152 Billion and Rising: Insurance industry facing growing average annual losses from Natural Catastrophes
The 2025 Global Modeled Catastrophe Losses Report notes a $32 billion increase in non-crop global modeled insured AAL over 2024, which reflects the upward trend in catastrophe losses experienced on a global scale. Over the past five years, insured losses have averaged...
TCS expands partnership with European insurer Tryg, signs new Euro 550 mln deal
TCS and Tryg have a 15-year partnership, and the new deal will ensure a digital transformation for the Scandinavian client, a statement said. Mumbai: India's largest IT services company TCS on Tuesday announced bagging a EUR 550 million (around Rs 5,642 crore),...
Tribunal awards Rs 33.77 lakh compensation to kin of man killed in accident
The MSRTC contested the claim, arguing that Pal was riding rashly and attempted to overtake the bus from the left, causing the accident. However, the tribunal found no supporting evidence for this version. Thane: The Motor Accident Claims Tribunal (MACT) in Thane has...
Next gen GST reforms will set economy open and transparent: Sitharaman
Union Finance Minister Nirmala Sitharaman said Prime Minister Narendra Modi recently announced the creation of a Task Force for next generation reforms with a clearer mandate to simplify regulations, lower compliance costs and also build a more enabling ecosystems for...
UII challenges NCDRC’s order in SC on settling Rajasthan Royals’s Rs 82 lakh due to S. Sreesanth’s injury
UII had rejected the claims saying Sreesanth had a pre-existing toe injury which was not disclosed by Rajasthan Royals New Delhi: State owned United India Insurance has appealed to the Supreme Court challenging an order of the National Consumer Disputes...
La Nina may return in September but temperatures to stay above normal WMO
WMO says that naturally occurring climate events such as La Nina and El Nino are taking place in the broader context of human-induced climate change, which is raising global temperatures, intensifying extreme weather and altering seasonal rainfall and temperature...
SC asks NGT to hear plea relating to noise levels at IGI airport
A bench comprising Justices BV Nagarathna and R Mahadevan passed the order while hearing an appeal challenging the NGT's decision refusing to issue further directions on noise pollution caused by the use of Runway No 29/11, which is used by over 50 per cent of flights...
112 financial institutions, over 2.2 billion accounts enabled on Account Aggregator framework: Govt
The AA Framework allows users to aggregate their financial information (like bank accounts, investments, loans, etc.) from multiple sources and share it with service providers (lenders, wealth managers) for services like loan applications or financial planning New...
Viral social media post on cashless denial of policyholder ‘baseless’: Niva Bupa
The LinkedIn post, from health insurance and investments advisor Avigyan Mitra, stated that the patient with a Rs 2.40 crore policy was allegedly denied a Rs 61 lakh cashless claim for the life-saving procedure. Stating the allegation being made against Niva Bupa...
Income growth, demographics and awareness push Indians to opt for finances over physical assets: Goldman Sachs
This growth, according to the Goldman Sachs report, will translate into cumulative inflows of around USD 9.5 trillion into financial assets over the next decade, out of which it expects a significant portion (USD 4 trillion or more) to be allocated to long-term...
AIA Singapore engages Singapore Airlines Academy to redefine customer experience excellence
Leading health insurance provider AIA Singapore today announced that it has engaged Singapore Airlines Academy, the training arm of Singapore Airlines, to develop a curated talent development program for AIA Singapore. This initiative will see AIA Singapore...
Aon appoints Bonjay Koo as Enterprise Client Leader for South Korea
Aon plc today has appointed Bonjay Koo as Enterprise Client Leader, Asia Pacific in South Korea effective September 1. In this strategic role, Koo will be responsible for the delivery of integrated Risk Capital and Human Capital solutions to Aon’s enterprise and large...
Automakers report dip in vehicle dispatches in Aug as buyers await price cut in GST rejig
The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month New Delhi: Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to...
Cashless Chaos: AHPI asks 7 health insurance firms to revoke suspension, create affordable & sustainable model
Niva Bupa Health Insurance on Monday said it has suspended the cashless treatment facility at Max Hospitals across India. Bhabhtosh Mishra, Director and COO of Niva Bupa Health Insurance, said the company’s agreement with Max expired in May 2025. Talks over premium...
DII buying in India surpasses Rs 5 lakh crore mark for 2nd consecutive year
Provisional NSE data indicates that mutual funds, banks, insurers, and other domestic institutions net purchased Rs 5.13 lakh crore in equities so far in 2025, following a record Rs 5.25 lakh crore worth of purchases in 2024. Mumbai: Domestic institutional investors...
Novo Nordisk ties up with Apollo Clinics for obesity management initiative
Obesity in India affects more than 250 million adults and is linked to over 230 health complications, including cardiovascular disease, diabetes, cancer and obstructive sleep apnoea, the company said. New Delhi: Denmark-based healthcare firm Novo Nordisk on Monday...
SC rejects PIL against nationwide rollout of 20 ethanol-blended petrol
The Centre opposed the plea and claimed E20 fuel benefits sugarcane farmers.It also sought a direction to the authorities to mandatorily label ethanol content on all petrol pumps and dispensing units, making it clearly visible to consumers, and also to ensure that...