by AIP Online Bureau | Sep 20, 2018 | Indian News
New Delhi: India Post has invited bids to appoint consultant for consultancy on setting up separate insurance services arm, according to official sources. "The consultant will prepare project report on setting up of Postal Life Insurance (PLI)...
by AIP Online Bureau | Sep 20, 2018 | Indian News
NEW DELHI: India’s Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect, three sources familiar with the issue said. ...
by AIP Online Bureau | Sep 20, 2018 | Indian News, Risk Management
Mumbai: Civil Aviation Minister Suresh Prabhu Thursday ordered a safety audit of all scheduled airlines and airports, amid recent incidents related to safety of passengers. The development also comes on a day when several passengers on a Jet...
by AIP Online Bureau | Sep 20, 2018 | Data, Intermediaries, Technology
Sales through social media platforms account for over 79 per cent of the total online selling of goods and services in India, a PayPal report said on Thursday. Growing digitisation and increasing internet penetration in India have reportedly encouraged...
by AIP Online Bureau | Sep 19, 2018 | International News, Technology
New Delhi: The value of digitally influenced spending in emerging markets will be around $4 trillion by 2022 and will amount to about half of all retail spending in Asia, Latin America and Africa, says a report. According to the report by the Boston...
by AIP Online Bureau | Sep 19, 2018 | Indian News, Risk Management
New Delhi: Indian companies receive over 5 lakh security alerts a day, but nearly 39 percent of these go unattended due to lack of required skill sets in organisations, a report by tech giant Cisco said. The report, titled Cisco 2018 Asia-Pacific...
by AIP Online Bureau | Sep 19, 2018 | Indian News, Intermediaries
New Delhi: The Insurance Regulatory and Development Authority has issued a three-year license in the “ Direct – Life & General” category to Hero Insurance Broking India Private Limited to conduct all types of General Insurance business,...
by AIP Online Bureau | Sep 19, 2018 | Indian News
New Delhi: In a bid to streamline the claim settlement for farmers under the two year old PMFBY(Prime minister Fasal Bima Yojana), the government has said the insured farmers will be paid 12 per cent interest by insurance companies for the delay in...
by AIP Online Bureau | Sep 19, 2018 | Indian News, Risk Management
Mumbai/Delhi India’s largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by federal agents after they seized documents related to the $2 billion fraud at state-run Punjab National Bank (PNB) from CAM’s premises in February, a lawyer...
by AIP Online Bureau | Sep 19, 2018 | Indian News, Pension & Social Security
New Delhi: Commerce and Industry Minister Suresh Prabhu Tuesday sold the India growth story to Australian Superfunds to attract the rich superannuation funds, valued at a whopping 2.6 trillion Australian dollars, to the Indian markets. The minister...
