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Here is a masonry blog layout with no sidebarUK snack company hit by ransomware attack causing delays
“As soon as we became aware of the incident, we enacted our cybersecurity response plan and engaged a leading forensic information technology firm and legal counsel to assist us in our investigation,” added the British firm, well known for its crisps, or potato chips,...
Hackers target key European fuel-distribution firms
The incidents serve as a reminder of how cyber security is becoming a growing concern across the oil industry. Last year, Colonial Pipeline Co. paid a ransom after a hack forced it to shut the largest fuel pipeline in the U.S., resulting in shortages at filling...
Pace of risks pricing increase in Asia continues to decline in q4 2021
Cyber remained the most challenging coverage area in Asia , driven by ransomware claims, with considerable pressure on pricing and deductibles, a reduction in capacity, and narrowing of key coverages, said Marsh Hong Kong: Insurance pricing in the fourth quarter of...
ICICI Lombard introduces innovative face scan feature
Mumbai, February 3, 2022: ICICI Lombard has introduced an innovative face scan feature to its signature app, IL TakeCare (ILTC), enabling the checking of vitals in couple of minutes.The banner of the app, helps users keep track of vitals such as blood pressure,...
Kotak General Insurance-CARS24 partnership to offer covers for used cars
Kotak Mahindra General Insurance Company (Kotak General Insurance) has entered into a corporate agency agreement with CARS24 Financial Services Private Limited (CARS24 Financial Services), the financial arm of India’s leading e-commerce platform for pre-owned...
LIC IPO: Corporation’s embedded value set at over Rs 5 trn,DIPAM Secretary
While there has been speculation about the number in Indian media - from as low as $53 billion to as high as $150 billion - this is the first time the government, which owns 100% of LIC, is commenting on the matter. The embedded value will help establish the market...
Teleworking during COVID: Risks, benefits and steps to a ‘new normal’
Without proper planning, organization and health and safety support, teleworking can lead to feelings of isolation, burnout, depression, eye strain, increased alcohol consumption and unhealthy weight gain More than two years since COVID-19 began disrupting office life...
Crypto’s like Bitcoin and Ethereum will never become a legal tender: Finance Secretary
Finance Secretary TV Somanathan Finance Secretary said, “Digital rupee will be backed by RBI which will never default. Money will be of RBI but the nature will be digital. The digital rupee issued by RBI will be the legal tender. We can purchase non-digital assets...
India’s unemployment rate falls sharply to 6.57 pc, lowest since March 2021: CMIE
CMIE MD and CEO Mahesh Vyas, in his analysis of the December data, said 35 million people were actively looking for work in December 2021, of which 23 per cent or 8 million were women. New Delhi: India's unemployment rate witnessed a sharp decline to 6.57 per cent in...
HSBC Insurance intends to buy PNB stake in Canara HSBC OBC Life Insurance
PNB had acquired a stake in the life insurer post amalgamation of the erstwhile Oriental Bank of Commerce (OBC) with the bank in FY20 Canara Bank owns 51 per cent stake, while HSBC Insurance (Asia Pacific) Holdings Ltd as a foreign partner owns 26 per cent. New Delhi:...
LIC 10th most valued insurance brand globally with $8.65 bn valuation: Report
LIC,which is bound for the nation's largest share sale by March, is the strongest and the largest brand in the country with a valuation of $8.656 billion (around Rs 64,722 crore), which also makes it the third strongest insurance brand globally, according to a brand...
LIC IPO: Draft prospectus to be filed next week, issue in March: Dipam Secy
Secretary in the department of investment and public asset management (DIPAM) Tuhin Kanta Pandey, said approval of the insurance regulator is awaited, post which the draft prospectus, detailing the size of the share sale, will be filed. New Delhi: Government is likely...
XL’s India FRB to shut down, to be merged with AXA France’s FRB
-Prior to the global merger- AXA group acquired XL group in 2018- both the groups had their own FRBs in India and are continuing to operate as separate entities in the country till now -IRDA confirms its stand formally to allow only one FRB belonging to the group....
Drunk driving leads to 8,355 road accidents in 2020; wrong-side driving causes 20,228 mishaps
Gadkari said that while jumping red light led to 2,721 accidents, the use of mobile phones while driving caused 6,753 accidents According to the minister, a total of 62,738 accidents occurred due to other reasons New Delhi: Drunk driving led to Rs 8,355 road...
India seeks tougher action from US tech giants on fake news: Report
The meeting was a follow-up to the I&B ministry's use of "emergency powers" in December and January to order the blocking of 55 channels on Google's YouTube platform, and some Twitter and Facebook accounts New Delhi; Indian officials have held heated discussions...
Omicron subvariant BA.2 likely to have same severity as ‘original’ -WHO
BA.2 is more transmissible than the more common BA.1 and more able to infect vaccinated people, according to a Danish study which analysed coronavirus infections in more than 8,500 Danish households between December and January. The subvariant is already becoming...
Self-driving car companies zoom ahead, leaving U.S. regulators behind
Cruise, Tesla, Alphabet Inc's Waymo and Aurora Innovation Inc are among many companies aiming to deploy fully autonomous vehicle technology in the United States within the next two to three years, whether or not federal regulators give them a clear legal framework for...
Insurers hope to benefit from Budget spurred economic growth
``We are confident that the proposed measures such as the National Digital Health Ecosystem and the tele mental health program will raise awareness, and in turn encourage people to opt for health insurance,’’ said. PC Kandpal, MD & CEO, SBI General Insurance...