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Here is a masonry blog layout with no sidebarBNP Paribas in talks to buy AXA Investment Managers for 5.1 bln euros
This represents a major strategic move for AXA, Europe’s second-biggest insurer, as it aims to focus on its core businesses: life insurance, savings, property and casualty policies as well as health insurance Paris: BNP Paribas is in exclusive talks with French...
VC investment in India surge in April-June as China faces huge decline
The IPO market in India continued to be robust. The capital markets saw all-time highs during Q2’24, feeding the appetite of venture companies looking to raise funds in the public markets New Delhi: Venture capital (VC) investment in India surged considerably to $4...
Ayushman Bharat Scheme fraud: ED raids hospitals across four states and UTs
During the investigation, as many as 373 fake Ayushman Cards have been identified wherein claims of about Rs 40.68 lakh (approx) were made for reimbursement from the government in the name of treatments given to the said Ayushman Card beneficiaries, the ED release...
Centre issues fresh ESA draft for Western Ghats following Kerala disaster
The draft notification suggests a complete ban on mining, quarrying, and sand mining, with existing mines to be phased out within five years ”from the date of issue of the final notification or on the expiry of the existing mining lease, whichever is earlier”.It also...
Air India suspends flights to Tel Aviv until August 8 due to escalating ME tensions
In a post on X, Air India stated, “In view of the ongoing situation in parts of the Middle East, we have suspended scheduled operation of our flights to and from Tel Aviv with immediate effect up to and including 08 August 2024.” New Delhi: Amid escalating tensions in...
Delta CEO says airline is facing $500 million in costs from global tech outage
Speaking on CNBC, Bastian said Wednesday that the monetary amount represents lost revenue as well as “the tens of millions of dollars per day in compensation and hotels” for the five-day period. Delta Air Lines CEO Ed Bastian says the airline is facing $500 million in...
Reliance Capital resolution: CoC warns of remedial action against Hinduja owned IIHL
Hinduja owned IIHL failed to meet the deadline of July 31. On August 1, Vistra ITCL, the trusteeship acting on behalf of the CoC, wrote a letter to IIHL that it had defaulted on the NCLT order, now lenders reserve their rights and remedies as per the resolution plan...
Malware attacks in India increase by 11%; 22% jump seen in ransomware
The report stated that a total of 78,923 never-before-seen malware variants were identified in the first five months of 2024. The threat landscape remains complex, with over 500 strains of new variants discovered each day, the report said New Delhi: Malware attacks in...
Govt must provide additional disaster management funds to states without discrimination: Kharge
"The country is grappling with climate change, where floods, heavy rainfall, cloudburst and drought-like emergent situations have occurred in many states. For this, we will have to take steps by adopting a scientific approach, with the participation of all, by making...
HDFC Life fined Rs 2 crore by IRDAI for violating regulations
The IRDAI has asked HDFC Life to review its vendor management policy and review all its existing vendors’ agreement to make necessary changes to its policy in line with the regulations on outsourcing. Mumbai: The IRDAI has slapped fine of Rs 2 crore against HDFC Life,...
Almost all top Indian apps deploy deceptive design practices: ASCI study
The study by the Advertising Standards Council of India (ASCI) found that 52 of the top 53 apps have deceptive UI (user interface)/UX (user experience) practices that can mislead or trick users into doing something they originally did not intend or want to do Mumbai:...
CrowdStrike sued by shareholders over global outage
In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike’s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks,...
Disaster Management (Amendment) Bill 2024 tabled in Lok Sabha
The bill is aimed to strengthen the efficient working of the National Disaster Management Authority and the State Disaster Management Authorities and has provisions for the constitution of Urban Disaster Management Authority for state capital and large cities having...
Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools
"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 analyst at...
Small Indian banks back online after ransomware attack, payments authority says
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
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
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
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...