Welcome to My Blog
Here is a masonry blog layout with no sidebarAlmost half of Indian IT leaders feel security is missing component in their data policy: RUBRIK study
As marquee brands continue to reveal the challenges of successful cyber attacks targeting their business data, the report said it has found a ''stark reality''. It says that globally, about one in every two organisations surveyed suffered a loss of sensitive data...
Marsh partners with Ukrainian govt and insurers for cost-effective covers for Black Sea grain shipments
Denys Shmyhal, Prime Minister of Ukraine, said: “The launch of the Unity facility will enable Ukraine to provide vital food supplies to the world at the same time as supporting the Ukrainian economy and keeping the Black Sea open for international trade. This...
InGovern alleges regulatory breach in ESOPs to Religare Enterprises chairman, seeks regulatory probe
Rashmi Saluja, chairperson, Religare Enterprises Limited Shares of CARE Health Insurance were issued to Rashmi Saluja, executive chairperson, Religare Enterprises Limited(REL), through ESOPs, despite rejection from IRDAI and no approval from the shareholders of REL...
Equity investors become richer by Rs 3.29 lakh cr as markets rally over 1 pc
''This is likely to draw FII flows into emerging markets, which is good for India considering the current better earnings season and the festive demand pick-up. The drop in the CPI for India also improved the mood,'' said Vinod Nair, Head of Research at Geojit...
Salaries in Southeast Asia to rise in 2024 defying economic slowdown concerns: Aon
Attrition rates across southeast Asia have dropped in 2023 compared to 2022 yet continue to remain in the double digits a consequence of an ever-changing talent strategy and the ongoing gap between supply and demand of talent Singapore: Aon plc has released its 2023...
Global EV sales stay strong, China hits record despite end of subsidies
"What's notable about October's figures is that EV demand in China continues to reach record highs even though the subsidies were cut … 2023 is set to be another banner year for China in terms of EV sales," the market research firm said. Electric-vehicle sales are...
National Insurance back in black after 5 yrs, records Rs 45 crore profit in H1FY 24
``Yes, we have improved on all key parameters of our operations to earn some profit in the first half the year. Going forward, our efforts will be to sustain profitability. Our primary focus will be profitability and not just the topline growth. We now know the pain...
12 insurers complete their integration with National Health Claim Exchange
Under the Digital Health Incentive Scheme, to encourage efficiency in insurance claim processing, there is a provision that for every insurance claim transaction through NHCX, financial incentives of Rs 500 per claim or 10% of the claim amount, whichever is lower...
Cyber ‘Catastrophe Bonds’ set to test bond markets
Beazley Plc, which owns specialist insurers across Europe and the US, is exploring a potential $100 million cyber cat bond, according to Artemis, a research firm specializing in insurance-linked securities. And AXIS Capital is preparing to issue a $75 million cyber...
Russian flagship carrier Aeroflot says it clinches deal with lessor
Singapore-based BOC Aviation began legal action in November 2022 in Dublin in pursuit of claims against 16 insurers over aircraft the lessor owned that have been stuck in Russia, an Irish High Court filing shows Russian flagship carrier Aeroflot said on Thursday it...
60 pc of businesses ‘off track’ to meet sustainability goals: Bain & Company report
Consumers in fast-growing markets, where Bain found environmental concerns to be highest, including India, were willing to pay a greater premium (between 15 and 20 per cent), compared to markets like the US and the UK New Delhi: Over 60 per cent of businesses surveyed...
U’khand tunnel collapse: Ecological concerns need to be addressed for development in Himalayas, say experts
Earlier this year, a case of land subsidence was also reported in Joshimath where some residents blamed NTPC's 520 MW Tapovan-Vishnugad hydroelectric project for the problem. Horrific incidents like the partial collapse of an under construction tunnel on the Char Dham...
Govt searches Aviva Life insurance office for alleged tax evasion-sources
The Aviva searches are part of a broader investigation involving many insurers who face allegations of at least $610 million in unpaid dues, a senior Indian government official, said. New Delhi: India's tax inspectors searched the office of British insurance giant...
Bank of England to deepen system-wide stress test for banks, insurers and pension schemes in 2024
The Bank wants to see how market players cope when there are huge demands for liquidity, such as meeting extra margin calls on positions in a short time. London: The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
Ukraine export corridor freight costs reverse brief rise
As a result of the Russian attack, sea freight rates rose $20 a tonne and the number of shipowners willing to load in Ukrainian ports decreased, Spike Brokers, which tracks and publishes export statistics in Ukraine, said on Telegram early on Friday Freight costs for...
World’s biggest bank ICBC forced to trade via USB stick
The incident spotlights a danger that bank leaders concede keeps them up at night — the prospect of a cyberattack that could someday cripple a key piece of the financial system’s wiring, setting off a cascade of disruptions. Even brief episodes prompt bank leaders and...
Critically ill British girl taken off life support dies – family lawyer
Gregory suffered from a rare, incurable and degenerative mitochondrial disease which meant that her cells did not produce enough energy Indi Gregory, an eight-month-old critically ill baby girl from Britain who was taken off life support on the weekend, has died...
Airlines bound by promised delivery date given by their agents: SC
A bench of Justices A.S. Bopanna and P.S. Narasimha said that an agent of Kuwait Airways had promised that the goods shall be delivered within one week but the shipment was delivered after one-and-a-half months, adding that “there was negligent delay in the delivery...