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Digital cos’ data hegemony may lead to ‘attention economy’, says CCI chief

by AIP Online Bureau | Sep 25, 2021 | Eco/Invest/Demography, Indian News, Regulation, Technology

  New Delhi: Competition Commission chief Ashok Kumar Gupta on Thursday flagged that data hegemony by some digital companies may lead to "attention economy" in which big tech players work to capture users' attention, build profiles of their choices...

European insurers to boost ESG investments on Solvency II Reform

by AIP Online Bureau | Sep 25, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life

London: The European insurance sector’s growing interest in assets with environmental, social and governance (ESG) characteristics is likely to get a further boost from the European Commission’s proposal to lower Solvency II (S2) capital charges for...

Govt will mandate flex-fuel engines in vehicles in next 3-4 months: Gadkari

by AIP Online Bureau | Sep 25, 2021 | Eco/Invest/Demography, Indian News

New Delhi: Union minister Nitin Gadkari on Friday said he would issue an order in the next three to four months making it mandatory for the carmakers to introduce flex-fuel engines in vehicles. He said he wishes to see the country get rid of petrol and diesel...

Allianz is said planning to offload large U.S. life portfolio

by AIP Online Bureau | Sep 25, 2021 | Eco/Invest/Demography, International News

Allianz SE is working to offload a large block of U.S. life insurance policies in a move that could free up several billion dollars in capital, people with knowledge of the matter said.  Europe’s largest insurer is discussing a potential reinsurance deal...

China introduces laws to dig deep into private lives of Chinese people, especially students

by AIP Online Bureau | Sep 25, 2021 | Eco/Invest/Demography, International News

  Beijing: The Chinese Communist Party (CCP) has geared up its speed to dig deep into the private lives of Chinese people as the country is regularly introducing new norms telling people, especially students, how to live their lives. The sweeping new rules...

Google CEO Sundar Pichai sought to keep Incognito mode issues out of spotlight, lawsuit alleges

by AIP Online Bureau | Sep 25, 2021 | International News, Risk Management, Technology

  Google Chief Executive Sundar Pichai in 2019 was warned that describing the company's Incognito browsing mode as "private" was problematic, yet it stayed the course because he did not want the feature "under the spotlight," according to...

MSMEs vulnerable to cyber threats with growing digitalisation: Officials

by AIP Online Bureau | Sep 25, 2021 | Eco/Invest/Demography, Indian News

Ranchi: With growing digitalisation globally, micro, small and medium enterprises (MSMEs) are vulnerable to cyber attacks with lack of understanding of security risks and limited capital allocation to mitigate such threats, officials said on Thursday. There is a need...

Provide free cancer treatment to Bhopal gas tragedy victims: HC tells MP govt

by AIP Online Bureau | Sep 25, 2021 | Health, Indian News, Policy

Jabalpur, Sept 25: The Madhya Pradesh High Court has directed the state government to provide free treatment to Bhopal gas tragedy victims suffering from cancer at the All India Institute of Medical Sciences in Bhopal. The court issued the order on September 16 and a...

WPP settles with US SEC charges of bribery in India, other FCPA violations; to pay $19 mn to watchdog

by AIP Online Bureau | Sep 25, 2021 | Indian News, Regulation, Risk Management

New Delhi: The world's largest advertising group WPP plc will pay more than USD 19 million to the US markets watchdog SEC to settle charges of various violations, including that of bribing of Indian government officials by one of its subsidiaries in return for...

US, India launch task forces on Hydrogen, Biofuels to expand clean energy technologies use

by AIP Online Bureau | Sep 25, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Technology

  Washington, 25: The US Department of Energy along with its Indian counterparts launched a new public-private Hydrogen Task Force as well as a Biofuels Task Force under the Strategic Clean Energy Partnership (SCEP). "Under the SCEP, the Department of Energy...
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