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India-So far 80% bank accounts, 60% mobile connections linked with Aadhaar

Out of the 1.09 billion banks accounts, almost 870 million have been seed with Aadhaar, said the official of the Unique Identification Authority of India (UIDAI), which issues the national ID number.Of this, 58 0 million have already been verified while in case of the rest the authentication process is underway with the documents that have been submitted to the banks, the official said.

Porsche could build flying taxis, says sales chief

Porsche would join a raft of companies working on designs for flying cars in anticipation of a shift in the transport market away from conventional cars to self-driving vehicles shared via ride-hailing apps.Volkswagen’s auto designer Italdesign and Airbus (AIR.PA) at last year’s Geneva auto show presented a two-seater flying car, called Pop.Up, designed to avoid gridlock on city roads.

Survey to find out `Size India’

The project `dubbed Size India’ implemented by the textiles ministry, with National Institute of Fashion Technology as the nodal body, involves scanning and measuring 25,000 men and women in the age group of 15-65 years across six major cities to come up with an extensive size chart that reflects the “unique Indian body structure”.

Willis launches cyber cover for aviation business

“Willis Towers Watson Aerospace Cyber Guard is part of our integrated approach to advising companies on how to manage their cyber risks, operate more confidently in this unchartered territory and ultimately protect their brand,” said Jason Saunders, president, Willis Towers Watson Aerospace, North America.

Officers’ Associations brace up for mergers of three PSU general Insurers

It was felt that IT would be the major ‌ challenge as far as merger is concerned since all the companies are working on completely separate system.‌ Since New India Assurance Officers Association expressed their reservation on merger of four  companies, so it was for the time being decided that strategies would be formulated keeping in view of the interest of the three companies