by AIP Online Bureau | May 21, 2019 | International News, Risk Management, Technology
The United States Postal Service is going to put mail on self-driving trucks. Starting on Tuesday morning, letters and packages moving between Phoenix and Dallas will travel on customized Peterbilt trucks run by TuSimple, an autonomous startup based in...
by AIP Online Bureau | May 21, 2019 | Facts, Technology
Remember Google Glass? The vaunted debut of the company’s computerized eyewear six years ago was one of Silicon Valley’s more spectacular flops. Deemed too awkward and pretentious, early users were disparaged as “glassholes” by a...
by AIP Online Bureau | May 21, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries
New Delhi: Punjab National Bank (PNB) could take control of two or three small state-run banks, that could include Oriental Bank of Commerce, Andhra Bank and Allahabad Bank, two sources familiar with the situation told Reuters. New Delhi has been trying to merge...
by AIP Online Bureau | May 20, 2019 | Indian News, Life
Mumbai: IndiaFirst Life Insurance on May 20 said its net profit in 2018-19 grew 20 per cent to Rs 61.60 crore as against Rs 51.20 crore a year ago. IndiaFirst said it has crossed Rs 3,200 crore of total premium during the financial year ended March 2019. ...
by AIP Online Bureau | May 20, 2019 | International News, Regulation, Risk Management, Technology
The social media giant Facebook Inc. is headed toward an agreement with the U.S. government over its privacy policies and practices that would put it under 20 years of oversight, according to a source knowledgeable about the discussions. The agreement would...
by AIP Online Bureau | May 20, 2019 | Eco/Invest/Demography, International News, Non-Life, Regulation, Risk Management, Technology
Paris: Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influence of the U.S. aviation authority. The...
by AIP Online Bureau | May 20, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
Mumbai: Tesla CEO Elon Musk who has been moving back and forth on his India dream for couple of years and unable to take the next big step now has an invitation from commercial vehicles major Ashok Leyland. Musk wants to make India his next big market but the...
by AIP Online Bureau | May 20, 2019 | Health, Indian News, Risk Management
New Delhi: The Indian drug regulator has alerted patients with implants of three Medtronic pacemaker models to seek immediate medical care if they feel light-headed, dizzy or experience chest pain and loss of consciousness, saying these could be signs of the...
by AIP Online Bureau | May 20, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Health
Deloitte has released its Global Millennial Survey of 13,416 Millennials (born between 1983 and 1994) spread across 42 countries and 3,009 Gen Z respondents (born between 1995 and 2002) from 10 countries. The firm has conducted the survey for the past eight...
by AIP Online Bureau | May 20, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Third-party insurance premium for cars, two-wheelers and transport vehicles may go up with the regulator Irdai proposing substantial increase in premium rates for the current financial year. The Insurance Regulatory and Development Authority...