by AIP Online Bureau | Feb 16, 2019 | Indian News, Risk Management
New Delhi: Intensifying its drive against errant hotels, the Delhi government has cancelled fire safety certificates of 27 establishments for various violations in Karol Bagh area, where a massive fire at a hotel killed 17 people earlier this week. ...
by AIP Online Bureau | Feb 16, 2019 | Disaster & Management, Eco/Invest/Demography, International News
SACRAMENTO: With cost of fighting wildfires is now at a record high. On Thursday, California politicians proposed a plan to tackle ballooning fire costs: taking out insurance. The proposed legislation by State Senator Bill Dodd works...
by AIP Online Bureau | Feb 16, 2019 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management, Technology
London: A project to develop breakthrough artificial intelligence(AI) technology for the anti-fraud sector, is one of a number of new projects, set to receive funding,that would enable the UK accountancy, insurance and legal services industries to...
by AIP Online Bureau | Feb 15, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: India has proposed incentives worth Rs88,500 crore ($12.4 billion) to help power plants install equipment to curb emissions, and also to develop infrastructure for electric vehicles, a government statement said on Friday. Of the Rs 88500...
by AIP Online Bureau | Feb 15, 2019 | Eco/Invest/Demography, Indian News, Technology
Bengaluru: As the demand for disruptive technologies like Artificial Intelligence (AI) and Data Analytics grows, shortage of a skilled IT workforce to run them is posing a challenge to the stake-holders, Nasscom, the industry's apex body, has said. ...
by AIP Online Bureau | Feb 15, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management
An analysis of government data disputes a finding by safety regulators and promoted by Tesla Inc. that crash rates of its older vehicles declined after they were equipped with an automatic steering capability. The study, released Friday by Quality...
by AIP Online Bureau | Feb 15, 2019 | International News, Risk Management
Wasington: A former senior engineer at Coca-Cola was indicted Thursday in Tennessee for stealing trade secrets worth an estimated $120 million to give to a Chinese company, the Justice Department announced. US national You Xiaorong allegedly stole...
by AIP Online Bureau | Feb 15, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Union minister Arun Jaitley, who returned from the US last week after undergoing medical treatment, has resumed charge of the Finance Minister on Friday, official sources said. President Ram Nath Kovind, as advised by Prime Minister Narendra Modi,...
by AIP Online Bureau | Feb 15, 2019 | Banking & Bancassurance, Indian News, Regulation
Mumbai: Citigroup, the biggest foreign bank in India by assets, has joined a growing list of lenders that have seen their local leadership roiled by the Reserve Bank of India (RBI). The RBI around the end of last year informed Citigroup that it...
by AIP Online Bureau | Feb 14, 2019 | Facts, Risk Management, Technology
Scientists are using humans’ gait, body symmetry and foot placement to teach self-driving cars to recognise and predict pedestrian movements with greater precision than current technologies. Data collected by vehicles through cameras, LiDAR and...
