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Amazon sued by publishers claiming audible text service violates copyright

by AIP Online Bureau | Aug 26, 2019 | Eco/Invest/Demography, International News, Risk Management

  Amazon.com Inc.’s Audible was sued by some of the top U.S. publishers for copyright infringement on Friday, aiming to block a planned rollout of a feature called ‘Audible Captions’ that shows the text on screen as a book is narrated.  ...

EPFO to launch e-inspection system to simplify process

by AIP Online Bureau | Aug 26, 2019 | Eco/Invest/Demography, Indian News, Pension & Social Security

  New Delhi: EPFO will launch an e-inspection system that will simplify inspection process and ensure organisations with open communications will not be subject to physical inspection until absolutely necessary, according to Central Provident Fund Commissioner...

Foreign investors pull out Rs 3,014 cr from capital markets in Aug so far

by AIP Online Bureau | Aug 25, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Overseas investors have pulled out a net amount of Rs 3,014 crore from the Indian capital markets this month so far, but the trend may reverse following the removal of enhanced surcharge on FPIs, experts said.   According to depositories data,...

Do we need a backup planet to survive?

by AIP Online Bureau | Aug 25, 2019 | Blog, Eco/Invest/Demography, Technology

New Delhi: Billionaire entrepreneurs Elon Musk and Jeff Bezos are at the forefront of a new age commercial space exploration programmes and actually working towards building a base station on Moon and ultimately colonising Mars.   And it is not just adventure,...

Face-to-face distribution remains the primary mode of buying insurance in India:PwC report

by AIP Online Bureau | Aug 24, 2019 | Indian News, Intermediaries, Technology

Mumbai: Indian  Insurance CEOs believe that insurance industry is going through technological and consumer behaviour changes. These changes are going to impact distribution trends in the insurance business.  Investing in technology to make it more accessible...

Germany’s Allianz grows in Brazil with $734 million deal

by AIP Online Bureau | Aug 24, 2019 | International News, Non-Life

  BRASILIA/SAO PAULO: Germany’s insurer Allianz SE (ALVG.DE) will acquire Brazil’s Sul America SA (SULA11.SA) auto and property insurance portfolio for 3 billion reais ($734 million) in its largest push into Latin America’s biggest economy, it...

FM unveils measures to revive auto sales and capital market inflows

by AIP Online Bureau | Aug 23, 2019 | Eco/Invest/Demography, Indian News

  New Delhi:: Finance Minister Nirmala Sitharaman on Friday said that to boost demand in the automobile sector several temporary relief measures will be introduced including an increased depreciation cost for automobiles for corporates and businesses, however,...

China tops list of U.S. cybersecurity agency’s top risks

by AIP Online Bureau | Aug 23, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese compromises to the global supply chain, including...

HSBC considering a bid for Aviva’s Asian operations, reports suggest

by AIP Online Bureau | Aug 23, 2019 | International News, Life

  London: SBC Holdings, the bank that shook up its senior leadership this month, is considering a bid for Asian operations being sold by Aviva as it seeks ways to diversify its business in the region, people with knowledge of the matter said. London-based HSBC is...

Early claims and crash tests suggest risks of luxury, SUV electric vehicles

by AIP Online Bureau | Aug 23, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said.   The numbers, based on...
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